These devices range from the inventory trackers that drivers use to touch base with logistics centers, or mobile credit card scanners that are increasingly popping up at shops to allow customers to buy on-the-spot rather than lugging shopping carts into check-out lines.

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He points to logistics companies, major retailers and mobile telecommunications as sources of innovation in non-financial services, and to genetically modified seeds as the most prominent example in agriculture.

ECONOMIST: Economics focus

The Smart Port Logistics project resulted in a comprehensive IT platform that incorporates mobile apps and makes it possible for traffic information and port-related services to be accessed from mobile devices.

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