IBM and J M BAXI GROUP, both over 100 year old organizations, have teamed up to form a strategic business relationship, one aimed at offering technology led solutions and offerings to EXIM Trade and logistics industry at large.
A Memorandum of Understanding, formalizing the relationship, was signed in Mumbai recently. Under this MoU, IBM and J M BAXI GROUP shall collaborate on multiple projects by bringing the joint expertise in domain expertise, techno-functional expertise and technology expertise to solve business problems afflicting the EXIM trade and logistics industry.
Under the arrangement, both organizations shall jointly set up a Technology and Innovation Council to provide guidance and leadership to teams in respective organizations. Each organization is represented on the Technology and Innovation Council at the highest levels.
The Technology and Innovation Council has, as its immediate goals, taken up feasibility studies and projects on block chain, enterprise data architecture and AI using Watson. The MoU envisages a joint go-to-market on feasible technology solutions.
This is a first such MoU signed by IBM in South Asia.
IBM is in the business of providing information technology products and services.
J M BAXI GROUP is in the business of shipping, terminals, ICD’s, transportation, customs broking, marine services.