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Home Banking & Finance

Ports launch cloud-based ‘PCS 1x’ platform

Fiinews by Fiinews
December 12, 2018
in Banking & Finance, Industry Sectors, Projects, Technology
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Value-added service at ports

 

Source: IPA. Value-added service, PCS 1x, launched.

Indian Ports Association (IPA) has launched ‘PCS 1x’, a cloud based new generation technology with user-friendly interface which seamlessly integrates eight new stakeholders besides the 19 existing stakeholders from the maritime trade on a single platform.

The platform (www.indianpcs.gov.in) offers value added services such as notification engine, workflow, mobile application, track and trace, better user interface, better security features, improved inclusion by offering dashboard for those with no IT capability.

A unique feature of ‘PCS1x’ is that it can latch on to third party software which provides services to the maritime industry thereby enabling the stakeholders to access wide network of services, said the Shipping Ministry at the launch on 11 Dec 2018 in Delhi.

The system enables single sign on facility to provide one stop interface to all the functionalities across all stakeholders.

Another major feature is the deployment of a world class state of the art payment aggregator solution which removes dependency on bank specific payment eco system.

This system will enable trade to have an improved communication with the customs as they have also embarked on an Application Programming Interface (API) based architecture, thereby enabling real time interaction.

This System offers a database that acts as a single data point to all transactions. It captures and stores data on its first occurrence thereby reducing manual intervention, the need to enter transaction data at various points and thereby reducing errors in the process.

It is estimated that this feature alone will reduce 1-1/2 to 2 days in a life of transaction.

The application will have a cascading effect in reducing dwell time and overall cost of transaction.

The platform has the potential to revolutionize maritime trade in India and bring it at par with global best practices and pave the way to improve the Ease of Doing Business world ranking and Logistics Performance Index (LPI) ranks.

Major training and outreach program are under way to educate the stakeholders about the uses and benefits of ‘PCS 1x’.

This system is also an initiative that supports green initiatives by reducing dependency on paper.

The web-based platform has been developed indigenously and is a part of the ‘Make in India’ and ‘Digital India’ initiatives.

The Ministry of Shipping is separately issuing order to make usage of the PCS platform mandatory. fiinews.com

Tags: Indian Ports AssociationMinistry of Shipping
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