Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors

ORBCOMM's Next-Gen Vessel Monitoring System Wins 2021 IoT Innovator Award From Compass Intelligence

11/09/2021 | 08:32am EST

Recognizes ORBCOMM for innovation in developing an advanced maritime solution to promote sustainable fisheries management, protect the marine environment and ensure regulatory compliance

ROCHELLE PARK, N.J., Nov. 09, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc., a global provider of Internet of Things (IoT) solutions, today announced that its Vessel Monitoring System (VMS) has received a 2021 IoT Innovator Award from Compass Intelligence, a boutique market research and advisory firm providing market intelligence and consulting services to companies around the globe. ORBCOMM was recognized in the Asset Management category, which includes innovative product technology that supports industry innovation, advancements in processes or operations specific to asset monitoring, tracking, visibility and operations.

ORBCOMM’s advanced satellite-based VMS enables near real-time, remote vessel tracking, monitoring and control for commercial fishing boats, merchant marine fleets as well as ocean buoys travelling global waters. ORBCOMM’s environmentally-sealed solution provides the ruggedness required on fishing vessels and enables commercial fleets of any size to maintain vital, two-way data communications links with home ports, no matter where they are on the world’s oceans. ORBCOMM’s VMS is targeted to address illegal, unreported and unregulated (IUU) fishing by improving visibility of global fishing operations and access to critical vessel data, including real-time position, course and speed as well as catch reports. The solution promotes responsible fisheries management, protects the marine environment and ensures regulatory compliance, while improving maritime safety, fuel efficiency and vessel performance.

ETNECA, Thailand’s leading service provider of maritime satellite communications, has been partnering with ORBCOMM since 2014 to address national regulations to prevent, deter and eliminate IUU by requiring all commercial fishing vessels greater than 30 gross tonnage to install a VMS. By leveraging ORBCOMM’s next-generation VMS, ETNECA can record fishing activities and share the reports with the authorities to understand the exact location of the fishing vessels once they leave the port as well as throughout the fishing zone. ETNECA can also analyze vessel activity with reports, including sailing routes, fishing zones and restricted zones, which can be combined with other data sources to prevent IUU. Together, ORBCOMM and ETNECA have played a significant role in achieving a sustainable and environmentally friendly fishery and seafood industry in Thailand and preserving local fishermen’s economic livelihood and safety. Today, ETNECA monitors more than 3,500 vessels and has the largest market share of fishing vessel monitoring in the region.

“We’re excited to receive Compass Intelligence’s IoT Innovator Award in recognition of our state-of-the-art VMS, which represents the next generation of IoT asset management solutions for the maritime industry,” said Craig Malone, ORBCOMM’s Chief Product Development Officer. “ORBCOMM’s VMS is playing a critical role in revolutionizing how to monitor and manage global commercial fishing activities and create a sustainable future for our oceans, which is integral to our corporate social responsibility mission.”

“It is great to see so much energy, excitement, and real growth in the IoT market due to the changing dynamics in the workforce, with remote operations, and the need to have complete visibility into business operations,” says Stephanie Atkinson, CEO of Compass Intelligence. “These 26 innovative companies and organizations showcase excellence and innovation with new IoT products/solutions, processes, and methods that support in IoT growth.”

About ORBCOMM Inc.
ORBCOMM is a global leader and innovator in the industrial Internet of Things, providing solutions that connect businesses to their assets to deliver increased visibility and operational efficiency. The company offers a broad set of asset monitoring and control solutions, including seamless satellite and cellular connectivity, unique hardware and powerful applications, all backed by end-to-end customer support, from installation to deployment to customer care. ORBCOMM has a diverse customer base including premier OEMs, solutions customers and channel partners spanning transportation, supply chain, warehousing and inventory, heavy equipment, maritime, natural resources, and government. For more information, visit www.orbcomm.com. You can also connect with ORBCOMM at https://blog.orbcomm.com, on Twitter at @ORBCOMM_Inc, at https://www.linkedin.com/company/orbcomm or at https://www.youtube.com/c/ORBCOMM_Inc.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4619eaca-38d8-4e38-bd98-9edf8934bd3c

 

ORBCOMM Contacts  
For Corporate Relations: For Trade Media:
Michelle Ferris  Lina Paerez
VP of Corporate Communications VP of Marketing
+1 703.462.3894 +1 613.875-1485
ferris.michelle@orbcomm.com paerez.lina@orbcomm.com


Latest news "Companies"
05:59pWebster Financial Corporation Declares Common and Preferred Dividends
PR
05:57pALERT : Rowley Law PLLC is Investigating Proposed Acquisition of Activision Blizzard Inc.
PR
05:57pEllington Financial Announces Estimated Book Value Per Common Share as of December 31, 2021
BU
05:57pBHP Metallurgical Coal Operations Disrupted by Australia Covid-19 Surge -- Update
DJ
05:56pBoston Properties Announces 2021 Tax Treatment of Its Distributions
BU
05:56ponsemi to Announce Fourth Quarter and 2021 Annual Financial Results
BU
05:56pNOVA MINERALS LIMITED (ASX : NVA) Geophysics Confirms Extension of RPM High-Grade Gold Deposit
AQ
05:55pSilver Spike Investment Corp. Announces Proposed Initial Public Offering
BU
05:53pVintage Energy Ltd Share Purchase Plan Completed
AW
05:52pYOJEE : Quarterly Activities Report & Appendix 4C - Dec 2021
PU
Latest news "Companies"