Deutsche Telekom and Commerzbank are cooperating in the industrial sector. Together they are developing fully automated supply chains with integrated financial services. In this respect the Deutsche Telekom subsidiary T-Systems and Commerzbank are setting store by digital technologies such as 5G, artificial intelligence, the internet of things (IoT), blockchain, cloud technology and sensor technology. Corporate clients profit from the digital combination of physical and financial supply chains, thanks to:
The current geopolitical and economic situation has revealed the weakness of supply chains. Many supply paths are complex, static, lacking in transparency and involve numerous manual stages. They are designed to function when all the framework conditions remain constant and predictable. Error-proneness is high, as in the majority of cases physical and financial supply chains are not linked to one another digitally.