Privately-run logistics conglomerate J M Baxi
Group is teaming up with IBM in a digital push to help the company expand in
newer areas of business, transform their internal processes and jointly develop
technology-led solutions and offerings leveraging IBM Blockchain, says a
parties signed a memorandum of understanding in Mumbai to collaborate on
multiple projects by bringing the joint expertise in domain knowledge,
techno-functional expertise, and technology expertise to solve business
problems afflicting the EXIM trade and logistics industry.
arrangement, both organisations shall jointly set up a Technology and
Innovation Council to leverage the best of IBM’s technology expertise and J M
Baxi group's industry expertise to incubate new ideas to jointly build next
generation of client solutions. As per media reports, the council would conduct
feasibility studies and projects on blockchain, enterprise data architecture
and Artificial Intelligence (AI) using IBM Watson services.
JM Baxi Group runs ships, port terminals, inland container depots (ICD) and
provides customs broking and marine services.