Damen Shipyards Selects TCS for IoT platform
Damen Shipyards, an international shipyard group, has partnered with the global IT services giant Tata Consultancy Services (TCS) in the development of an integrated IoT platform, with its eyes firmly on the future."With this, Damen vessels become increasingly connected and Damen is able to gather and analyze data from the 10-15,000 sensors on board its vessels," the Dutch shipbuilding conglomerate said in a press release.The results of this are significant, offering predictive maintenance, remote services access and savings in fuel consumption.Furthermore, this is a platform with which Damen can collaborate - sharing its knowledge…
Global Blockchain Technology Market in Logistics to Grow 82.86% by 2022
The global blockchain technology market in transportation and logistics industry to grow at a CAGR of 82.86% during the period 2018-2022.Blockchain technology is a cryptographically managed, distributed ledger system offered by vendors such as IBM, Microsoft, Oracle, SAP, and Tata Consultancy Services.The latest trend gaining momentum in the market is the advent of blockchain as a service (BaaS) which will lead to the growth of the market, according to Global Blockchain Technology Market in Transportation and Logistics Industry 2018-2022 by ResearchAndMarketsBaaS enables vendors to set up blockchain connected nodes on behalf of the enterprise and manage the back-end.According to the report, one of the major drivers for this market is the growing use of blockchain technology for trucking.
Strong Support for Frost & Sullivan 'Trail Charity Run'
Held on 23 August 2014, Frost & Sullivan Singapore’s 9th edition of the ‘Frost the Trail’ run saw 165 teams, 95 individuals and over 750 runners gather at the MacRitchie Reservoir Park to run in support of the underprivileged. ‘Frost the Trail’ saw both avid and novice runners hitting the winding trails of MacRitchie in the cool morning air amidst lush greenery. Runners participated in one of two categories – the 5 km team race as well as the 10 km individual race. In total, Frost the Trail Singapore 2014 helped raised more than SGD140k, with 100% of proceeds going directly to this year’s adopted charity, Bright Hill Evergreen Home. Bright Hill Evergreen Home is a 250 bed, accredited, 100 per cent non-profit Nursing Home for the destitute and poor.
