Alpha Ori Technologies and ZeroNorth Merge for Maritime Innovation

01 Nov 2023 CW Team

Alpha Ori Technologies, founded by Captain Rajesh Unni, who is also the founder of Singapore-based ship management company Synergy Group, specialises in leveraging cutting-edge technologies such as IoT, Machine Learning, and Cloud-based Big Data science to enable remote operations, enhance operational efficiency, and ensure safety on board ships.

The merged entity aims to capitalise on the complementary strengths of Alpha Ori Technologies in IoT sensors and high-frequency data, and ZeroNorth's multi-service technology platform to create innovative sustainability solutions for the shipping industry. This partnership will allow both companies to offer an integrated solution to their customer bases, fostering a robust data ecosystem with a range of services within the maritime market.

The merged entity will operate under the ZeroNorth brand, with S?ren Meyer, the current CEO of ZeroNorth, continuing to lead the joint venture. The current Co-CEOs of AOT, Bala Sankaran and Rajesh Unni, will transition into non-executive board roles within the new business.

The merger is contingent upon regulatory approvals and brings together two industry leaders that already provide advanced technology solutions to over 4,000 ships operating globally. By offering customers access to 12 different services through a single platform and data source, this merger is poised to advance industry developments and policy initiatives across the global trade value chain.

ZeroNorth will streamline data collection, insights, and analysis, improving quality and compliance for customers. This move is expected to unlock operational efficiencies, enhance reliability, and lead to cost savings, increased profitability, and reduced emissions for customers.

The new joint company will maintain its independence, with substantial financial backing and expertise from industry leaders, focusing on delivering transformative solutions that positively impact the shipping sector. It will continue to have a global office presence headquartered in Copenhagen, with a combined workforce of 780 individuals, including a significant number of full-time consultants, working collectively to make a substantial difference in the industry.

Bala Sankaran, Co-CEO of Alpha Ori Technologies, expressed optimism about the merger, highlighting the potential to drive sustainability, performance, and business results for customers. S?ren Meyer, CEO of ZeroNorth, echoed these sentiments, emphasising the strategic significance of the partnership for digital transformation and sustainability in the maritime industry.

Notably, ZeroNorth has already contributed to a reduction of over one million metric tonnes of emissions for its customers since 2021, and this merger is expected to further accelerate the positive impact both companies are making within the global trade value chain.

Singapore-based Alpha Ori Technologies (AOT) and Copenhagen-headquartered ZeroNorth A/S have announced their merger to establish a leading maritime optimisation company and a key player in the digital transformation of the shipping industry, according to a joint statement from the two companies. Alpha Ori Technologies, founded by Captain Rajesh Unni, who is also the founder of Singapore-based ship management company Synergy Group, specialises in leveraging cutting-edge technologies such as IoT, Machine Learning, and Cloud-based Big Data science to enable remote operations, enhance operational efficiency, and ensure safety on board ships. The merged entity aims to capitalise on the complementary strengths of Alpha Ori Technologies in IoT sensors and high-frequency data, and ZeroNorth's multi-service technology platform to create innovative sustainability solutions for the shipping industry. This partnership will allow both companies to offer an integrated solution to their customer bases, fostering a robust data ecosystem with a range of services within the maritime market. The merged entity will operate under the ZeroNorth brand, with S?ren Meyer, the current CEO of ZeroNorth, continuing to lead the joint venture. The current Co-CEOs of AOT, Bala Sankaran and Rajesh Unni, will transition into non-executive board roles within the new business. The merger is contingent upon regulatory approvals and brings together two industry leaders that already provide advanced technology solutions to over 4,000 ships operating globally. By offering customers access to 12 different services through a single platform and data source, this merger is poised to advance industry developments and policy initiatives across the global trade value chain. ZeroNorth will streamline data collection, insights, and analysis, improving quality and compliance for customers. This move is expected to unlock operational efficiencies, enhance reliability, and lead to cost savings, increased profitability, and reduced emissions for customers. The new joint company will maintain its independence, with substantial financial backing and expertise from industry leaders, focusing on delivering transformative solutions that positively impact the shipping sector. It will continue to have a global office presence headquartered in Copenhagen, with a combined workforce of 780 individuals, including a significant number of full-time consultants, working collectively to make a substantial difference in the industry. Bala Sankaran, Co-CEO of Alpha Ori Technologies, expressed optimism about the merger, highlighting the potential to drive sustainability, performance, and business results for customers. S?ren Meyer, CEO of ZeroNorth, echoed these sentiments, emphasising the strategic significance of the partnership for digital transformation and sustainability in the maritime industry. Notably, ZeroNorth has already contributed to a reduction of over one million metric tonnes of emissions for its customers since 2021, and this merger is expected to further accelerate the positive impact both companies are making within the global trade value chain.

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