November 2024
Awake.AI, a global leader in AI solutions for ports, shipping, terminals, and logistics, and W-Tech Global (Pvt) Ltd, a leading Sri Lankan technology company, today announced an expansion of their strategic partnership. This collaboration will accelerate the development and deployment of cutting-edge AI solutions across the Asia-Pacific region, bringing greater efficiencies, improved decision-making, and cost savings to the industry
This expanded partnership leverages Awake.AI's leading AI technology and W-Tech Global's deep domain expertise in the ports, shipping, terminals, and logistics sector in Sri Lanka and the Asia-Pacific region. The combined strengths of both companies will create a powerful force driving digital transformation and fostering the growth of the AI ecosystem in the region. The partnership will focus on:
Developing and deploying AI-powered solutions: Creating tailored AI solutions to address specific challenges faced by ports, shipping companies, and logistics providers across the Asia-Pacific region.
Accelerating digital transformation: Helping organizations adopt AI technologies to improve operational efficiency, optimize resource allocation, and enhance decision-making processes.
Building a thriving AI ecosystem: Fostering collaboration and knowledge sharing within the industry to promote the wider adoption of AI technologies.
Suresh Fernando, Managing Director of W-Tech Global (Pvt) Ltd: "Advancements in AI are driving unprecedented global demand, enabling businesses and countries to gain a competitive edge. The importance of AI for ports, shipping, aviation, logistics, transport, and supply chain management is paramount. This partnership directly addresses this critical need."
Karno Tenovuo, Co-founder and CEO of Awake.AI: “We are thrilled to expand our strategic partnership with W-Tech Global. This collaboration will accelerate AI growth and innovation across the Indian Subcontinent and Asia-Pacific, particularly within the ports, terminals, shipping, aviation, logistics, transport, and supply chain management sectors. We believe the Sri Lanka Government’s Digital Economic Team will leverage this partnership to secure a first-mover advantage in AI.”
Key Benefits:
Improved Efficiency: AI-powered solutions will optimize workflows, reduce delays, and streamline operations.
Enhanced Decision-Making: Real-time data analysis and predictive capabilities will enable more informed and timely decisions.
Cost Savings: Automation and optimization will lead to significant reductions in operational costs.
Increased Competitiveness: Adoption of cutting-edge AI technologies will provide a competitive edge in the global market.