Speedcast, Danaos to accelerate digitalization of maritime industry

Speedcast International Limited (ASX: SDA), a provider of remote communication and IT solutions, and Danaos Peripherals have announced a strategic alliance agreement under which the two companies will combine maritime communications with advanced application management developed by Danaos, the companies said.

Within 2017, the two companies will jointly release a remote and autonomous IT system on board a vessel, leveraging key technologies such as big data analytics, internet of things (IoT) and cyber security. The system will enable the remote deployment of third party services and applications, allowing for the swift and simple implementation of new capabilities to a ship.

Speedcast is the global satellite communications and network service provider, offering high-quality managed network services in over 100 countries and a global maritime network serving customers worldwide providing connectivity to over 10,000 ships and supporting mission critical applications.

Danaos Peripherals is the software provider to the commercial maritime industry offering the most complete system to the shipping community currently supporting more than 6,000 vessels and 500 shipping companies worldwide.

Speedcast International Ltd (ASX: SDA) utilizes an extensive worldwide footprint of local support, infrastructure and coverage to design, integrate, secure and optimize networks tailored to customer needs. With differentiated technology, an intense customer focus and a strong safety culture, Speedcast serves more than 2,000 customers in over 140 countries via 39 teleports, including offshore rigs and cruise ships, 10,000+ maritime vessels and 4,500+ terrestrial sites. Speedcast supports mission-critical applications in industries such as maritime, oil and gas, enterprise, media, cruise and government. Learn more at www.speedcast.com.