2018 to be Breakthrough Year for Team Collaboration Software in Shipping

Noel Pullen, President, SEDNA, explains that a growing number of high-profile shipping organizations are leading the way in the adoption of transaction management software for team collaboration:

“In a tough shipping market, the sentiment of ‘time as a commodity’ has never been more relevant to commercial operations. It is great to see forward-looking organizations such as Glencore, Seaspan, Monson Agencies Australia, and more benefiting from the efficiencies of team collaboration by using SEDNA. We helped these companies lower their operating costs and send over 4 million messages last year. As a result, we are witnessing an accelerated rate of adoption for transaction management software in the shipping sector.”

Bill Dobie, Founder & CEO, SEDNA, agrees, saying this trend is set to have a transformative impact on commercial operations within the shipping sector:

“When it comes to shipping’s digital transformation, the industry’s attention has been focused on vessel-based technologies, but there are also huge inefficiencies in the shore-based operations of many organisations. Personal email systems like Outlook were never meant for team collaboration or business transactions. For fast-moving environments, such as the offices of ship owners, brokers, charterers, and traders, these outmoded tools are productivity killers. By contrast, team collaboration tools such as SEDNA can save users up to two full-time hours per day; a huge saving in time, resource, and money.”

In the last year, SEDNA saw a 122% increase in its customers and a 186% increase in its contracted ARR (Annual Recurring Revenue). This growth was recognized by the Ready to Rocket award as an emerging company to watch in 2018.

“After much research into the trends driving growth in the information technology sector, it became clear that SEDNA is well positioned to capitalize on these trends,” said Steven Forth, Senior Partner, Rocket Builders.

Read more in Hellenic Shipping News by clicking here.

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