UPS Executives Say Testing Emerging Technologies Is Worth the Risk - Wall Street Journal
The parcel carrier has launched early-stage tests with blockchain, drones and advanced chips
Executives at United Parcel Service Inc. say it is becoming crucial to invest in emerging technologies to get ahead of competitors, even if such investments don’t have a tangible return on investment right away.
The parcel carrier has launched early-stage tests over the past several months with cutting-edge technologies, ranging from blockchain to drones to advanced chips.
“We had to be more apt to take on risk and get involved in some of these technologies at an early stage,” said UPS CEO David Abney in an interview at an investor conference here on Thursday.
The parcel carrier has launched early-stage tests with blockchain, drones and advanced chips
Executives at United Parcel Service Inc. say it is becoming crucial to invest in emerging technologies to get ahead of competitors, even if such investments don’t have a tangible return on investment right away.
The parcel carrier has launched early-stage tests over the past several months with cutting-edge technologies, ranging from blockchain to drones to advanced chips.
“We had to be more apt to take on risk and get involved in some of these technologies at an early stage,” said UPS CEO David Abney in an interview at an investor conference here on Thursday.