These two companies will combine their efforts and expertise to accelerate the digitization of maritime business.

Speedcast International Limited (ASX: SDA), provider of remote communication and IT solutions, and Danaos Peripherals together will combine maritime communications with advanced application management developed by Danaos. 

During 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 a global satellite communications and network service provider of 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 a software provider to the commercial maritime industry currently supporting more than 6,000 vessels and 500 shipping companies worldwide.

Tim Bailey, EVP of Products, Marketing and Business Development, at Speedcast said that the Speedcast and Danaos strategic alliance represents an exciting new direction for the maritime sector, and the combination of Speedcast’s expertise in delivering high quality critical communications solutions and Danaos’ ability to create a state-of-the-art application environment will accelerate the digitalization of the maritime business.

Dimitris Theodossiou, managing director of Danaos Peripherals added that Danaos recognized Speedcast as a strategic partner in their vision of enhancing onboard IT infrastructure and delivering advanced solutions, meeting today’s market needs with minimal effort for implementation and support.