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A concept note incubation cell - gearingup for 4th gen industrialisation

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A concept note incubation cell - gearingup for 4th gen industrialisation

  1. 1. A Concept Note Incubation Cell Gearing-up for 4th Gen. Industrialisation Background New technologies increasingly transform the way we produce, transact and consume, hence ports and the larger supply chain can also reap the benefits of these technologies applied. We should aim to create new value for the stakeholders in the maritime industry by exploring new opportunities through collaborative integration of Logistic Technology with trade and financial technology solutions. Side by side work on objective to increase port productivity, and enhance the integration, security and efficiencies of the supply chain logistics. We are heading towards 4th Generation industrial revolution, time of computer and automation ending. World class ports are now gearing up for future technologies. They are incubating innovative technologies and testing them in various business processes. There is a need that major ports should also explore ways to invest in start-ups with innovations that bring strategic value to their overall objective. Concept: This incubator cell would seek to invest in and nurture startups that are keen to create innovative logistics solutions fusing information and communications technology including IoT (Internet of Things), cloud, data analytics, AI (Artificial Intelligence) and optimisation, as well as engineering solutions including robotics and automation in container and cargo handling operations, and transaction solutions for the maritime trade and finance ecosystems. This incubator program will complements ports various internal initiatives. Some innovation programs that other world class ports working are automated-guided vehicles, crane automation, predictive maintenance, wharf side automation, video analytics projects, adaptive and predictive solutions to optimise operations in ports and terminals. This program has to be supported by blueprint that will guide Major ports on which automation and digital technologies to adopt, and enables the sharing of project details within the Group. Selected start-ups and technology solution providers in this incubator program shall have the opportunity to collaborate with ports to incubate ideas and test-bed their solutions in an unparalleled live port environment- functional port R&D living Lab. In addition, they will receive the mentorship from Centre of Excellence through its seasoned port professionals, resource person empanelled with IPA and other business leaders,
  2. 2. and they will be provided with the opportunity to springboard their innovations to the maritime logistics chain through IPA network. Similar initiative in other world class port - PSA latest invitation to potential technology partners for 4th gen industrialisation. They selected companies to work on developing and test-bedding their solutions at the PSA Living Lab - two operational berths at PSA’s Pasir Panjang Terminal in Singapore. Living Lab was jointly launched last year by MPA, EDB and PSA for the port and logistics industry, with funding of close to S$100m committed to it over a three-year period. PSA evaluated 70 proposals and invested in start-ups: HAKOVO (www.hakovo.com ) – a unique freight e-marketplace that allows small and medium sized enterprises to collaborate in freight procurement AutosenseAGV – a next-generation navigation solution for automated vehicles in the port. ClearMetal (www.clearmetal.com ) – a San Francisco based predictive logistics company using data science and AI to unlock unprecedented efficiencies for containerised freight. The incubation Cell will: Seek technology and solution, which will Revolutionise Port and Container Terminal Operations.  Improve Efficiency  Improve Customer Experience  Lower Cost Seek Digital revolutionaries in - Automation and Assistive Technologies  Robotics  Assistive Technologies  Autonomous Vehicle  Internet of Things (IoT)  Augmented Reality (AR)  Mobile Computing  Wearables
  3. 3. Analytics, AI, Simulation  Big Data and Analytics  Advanced Visualisation (video analytics, virtual reality, image recognition)  Simulation and Emulation  Optimisation  Complex Systems  Artificial Intelligence Next Generation Platform  Cloud and Virtualisation  Green Technologies  Cyber Security  Blockchain Seek disruptors that apply technologies to streamline the global logistics chain and improve the efficiency of international trade with better visibility and security. Generate value and business opportunities by discovering new spaces.  Connect to Shippers  Connect to Forwarders  Connect to Cargo Logistics  Connect to Trade Finance  Connect to Governments +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Reproduced by: Dr Abhijit Singh References: https://www.linkedin.com/pulse/time-terminal-transformation-rachael-white http://www.clearmetal.com/technology https://unboxed.globalpsa.com/aboutus/

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