How Digitalization and IoT Can Improve the Operations of Panama Canal

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.