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Hyundai to work with Oracle on Cloud technologies

Hyundai Merchant Marine has announced that it is to work with tech giant Oracle on the development of a next-generation IT system, built on a Cloud-based infrastructure.

{mprestriction ids="1,2"}The project will be part of a wider initiative by Hyundai Merchant Marine to expand its research on new technologies such as blockchain, IoT (Internet of Things) and Big Data analytics, which will also see Hyundai and Oracle form a Joint Lab for collaborative research.

The new Cloud-based system, which is expected to provide support for various improvements in business processes, is scheduled to be introduced in 2020, to provide a more robust IT service environment for both internal and external customers.

“The introduction of new IT technologies is now the key to maritime competitiveness. Our IT assets will be an important factor in determining the future of Hyundai Merchant Marine,” said the company in a statement (translated from the original Korean).

Hyundai Merchant Marine says that it has already been working on the development of Cloud-based systems since 2017, and began a recruitment drive to add new IT personnel to its ranks in February of this year.{/mprestriction}

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