Market Share of Waterway Transportation Software Solutions Industry
The competitive rivalry among the players in the market is high due to the presence of some key players like SAP SE, Cognizant, Accenture PLC, Bass Software Ltd, and many more. Continuous investments in research and development have thus allowed the companies to innovate their products and introduce new products in the market, which, in turn, has allowed them to gain a competitive advantage over other players.
- March 2023 - Union Minister for Shipping Ports and Waterways and Ayush virtually introduced the Real-time Performance Monitoring Dashboard of MoPSW 'Sagar Manthan.' It is primarily a digital platform with all the integrated data related to the ministry and other subsidiaries. This dashboard would transform the workings of various departments by improving well-coordinated real-time information.
- February 2023 - IBS software acquired Accenture freight and logistics software. Acquisition to help expand IBS footprint in the freight supply chain, accelerating digital transformation & innovation. AFLS provides technology platforms to help airline and ocean transportation companies manage freight operations and grow through digital transformation and innovation.
Waterway Transportation Software Solutions Market Leaders
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Cognizant
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Accenture PLC
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Veson Nautical Corporation
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Bass Software Ltd
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SAP SE
*Disclaimer: Major Players sorted in no particular order