How Digitalization and IoT Can Improve the Operations of Panama Canal

Parsa Safa¹, Kelly Weeks², Mahdi Safa^3, and Pamela Zelbst⁴

¹Political Science, Pre Law, Baylor University, Waco, Texas, USA

²Marketing and Management, Baylor University, Waco, Texas, USA

³Engineering Technology, Sam Houston State University, Huntsville, Texas, USA

⁴Supply Chain Management, Director of Center for Innovation and Technology, Sam Houston State University, Huntsville, Texas, USA

Cite this paper:
Parsa Safa, Kelly Weeks, Mahdi Safa and Pamela Zelbst. How Digitalization and IoT Can Improve the Operations of Panama Canal. Journal of Business and Management Sciences. 2019; 7(3):140-146. doi: 10.12691/jbms-7-3-5

Abstract

The objective of this study was to review and investigate how data information systems are used to control operations and influence management decisions at the Panama Canal. It takes the view that the Panama Canal combines basic technology and complex systems to keep canal operations running safely and efficiently, and growing; ultimately keeping the Global economy in motion and profitable. From this perspective, it shows how ports around the world may look to the Panama Canal for solutions they can incorporate to remain relevant and competitive. This paper also discusses how the Panama Canal Authority utilizes legacy systems along with a wide variety of technology systems and equipment to collect data, and translate it into useful information that is used in planning and running day-to-day operations.

Keywords:
internet of things digitalization Panama Canal Cybersecurity Global commerce

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