ADVERTISEMENT

IBM launches new supply chain service with AI, IoT integration

ADVERTISEMENT

Must Read

Bitcoin rises to $8,000 as Britain reaches a Brexit deal – Bitcoin News

Today marks a historic day as the European Union, and Britain reached a Brexit deal. Many experts and analysts...

BTC.com and Antpool co-discover the same block – Bitcoin Mining News

Bitcoin network initiated a rare event where two highly competitive pools co-discovered the same block. In the end, one...

Infamous Darknet website that sold credit cards gets hacked – Dark Web News

BrainsClub, a well known Darknet website, got a taste of its medicine as a hacker, stole the information from...
Avatar
Jai Pratap
A Mass Media Graduate who loves to write. Jai is also a sports enthusiast and a big movie buff. He loves to learn new things.

Global Tech Giant IBM launched a new integrated chain supply service integrated with Watson AI and IBM blockchain. This service aims to help organizations make their supply chains more efficient and better able to make decisions. Sterling supply Chain Suite enables hybrid-cloud support of data integration between network participants.

The global tech giant IBM has launched a new supply chain service based on its blockchain platform. New Sterling Supply Chain Suite enables distributors, manufacturers, and retailers to integrate their own data and networks to track and trace products.

The company said that it is delivering a secure, open platform with hybrid-cloud support that enables organizations to integrate their own data. Bob Lord, Senior Vice President, Cognitive Applications and Developer Ecosystems, IBM, said that the supply chains are now mission-critical systems for all businesses to drive success and profitability. He added that many companies have risen to the top of their industries by building efficient and agile supply chains.

Lord further mentioned that IBM sees a $50 billion market in technologies that will enable global businesses to transform their supply chains digitally. According to the official announcement, IBM Sterling clients include leading companies such as Adidas, Home Depot, Lenovo, Whirpool Corporation, Li & Fung, Parker Hannifin, and several others.

IBM is one of the leading companies that is trialing blockchain technology in supply chain logistics. Earlier, Thailand’s Customs Department¬†announced to us IBM’s service to track shipments in Thai Ports.

Disclaimer: Coinnounce's views are not necessarily reflected in the articles published, and they are the sole representation of the author's opinions. Article's information should not be taken as investment advice. Risks are involved in cryptocurrency investments and trading. Readers are urged to carry out extensive research before making a decision.

Leave a reply

Please enter your comment!
Please enter your name here

Latest News

Bitcoin rises to $8,000 as Britain reaches a Brexit deal – Bitcoin News

Today marks a historic day as the European Union, and Britain reached a Brexit deal. Many experts and analysts...

More Articles Like This