Four tech start-ups from three countries are leading breakthrough work to transform the ports and logistics sector by piloting projects with Sharjah-based Gulftainer. The four companies, eYard, Morpheus Networks, Throughput, and Zainar, emerged as winners of Gulftainer’s Future of Ports 2021 competition, which saw more than 2000 applicants vie to create disruptive technology that will reshape the sector.
The winning teams were selected through a rigorous screening process across various categories, comprising the Internet of Things and Robo-Doctors, Artificial Intelligence and Autonomous Drones, Big Data and Advanced Analytics and Blockchain.
ZaiNar is an innovative application that enables real-time 3D location with high levels of precision designed to transform how ports manage operations and assets, while eYard won the AI category for technology designed to analyse thousands of potential operational scenarios to create high levels of efficiency for container terminals, getting rid of unproductive container moves and optimise delivery times and storage space.
Throughput, the winner for Big Data solutions, uses existing data to optimise supply chains and address operational bottlenecks, improving business outcomes for port operators and their customers using a powerful new digital tool. Morpheus Networks, the winner of the blockchain category, offers a platform that enables data-sharing across the supply chain, unlocking opportunities to improve operational efficiency and customer experience. The platform also provides supply chain managers with a Digital Footprint, making shipment and items visible in an automated, safe, and secure supply chain system, thereby saving time and money.
Commenting on the importance of the competition, Charles Menkhorst, CEO of Gulftainer, said: “Technology plays a big role in addressing the key challenges in the industry such as lack of tech standards and high cost of legacy systems, while real-time data access and sharing remains a challenge. Companies that seek to expand their offerings towards end-to-end services using new technologies will gain a competitive edge over the long term.” To watch the grand finale event featuring the winning ideas, finalists, and other speakers visit FOP.Gulftainer.com.