Gulftainer has launched the Future of Ports Startup Challenge 2020 to identify startups from across the globe with the ambition to lead the transformation of the port management and logistics industries.
In a statement, Gulftainer said it has partnered with the Global Silicon Valley labs (GSVlabs), a leading global innovation platform, to engage startups in specific areas where Gulftainer is pursuing new solutions.
These areas include the Internet of Things (IoT) and Robo-Doctors, Artificial Intelligence (AI) and Autonomous Drones, Big Data and Advanced Analytics and Blockchain.
The terminal operator said the competition challenges entrepreneurs and startups from around the world to set their mark in the ports and logistics ecosystem, to grow, and to position their solutions in the industry.
“Gulftainer isn’t looking for incremental technology or ‘easy fixes’ – we are committed to developing long-term partnerships with emerging technology companies and working together to build the port of the future,” said Peter Richards, Group CEO of Gulftainer.
“Our aim is to seek entrepreneurs and unconventional thinkers, with a vision for the future, to chase groundbreaking innovation in technology areas that will transform the industry,”
“The Future of Ports Startup Challenge is coming at a time when the supply chain and logistics industry is ripe for innovation,” Nikhil Sinha, CEO of GSVlabs commented.
“We’re excited about our partnership with Gulftainer and being involved in the port industry’s revolution.
“The application of AI, Robotics, Cloud and Blockchain technologies will be a driver of innovation in the industry and this Challenge is the perfect opportunity to source and uncover the most promising startups that are poised to lead in this space.”
Once the proposals are evaluated, the winning startups will be invited to present their projects to an audience made up of leaders from across the port and logistics industry, and innovation and investment sectors on 5 November, 2020.