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F.R.I.D.A.Y Planned Maintenance System Receives ClassNK Approval, Advancing Maritime Digitalization

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iOThree (NASDAQ: IOTR) has announced that its F.R.I.D.A.Y Planned Maintenance System (PMS) has received class approval from ClassNK, validating its compliance with functional requirements for PMS software. The cloud-driven solution is designed to digitize maintenance workflows and enhance fleet-wide efficiency in maritime operations.

The system features a carbon reporting module for emissions monitoring and includes:

  • Cloud-first architecture requiring minimal on-premise infrastructure
  • Modular and lightweight design for seamless fleet deployment
  • Real-time data accessibility and updates
  • Integration with existing vessel infrastructure

As part of iO3's cloud-native maritime ERP suite, F.R.I.D.A.Y PMS aims to simplify maintenance processes, enhance operational agility, and optimize long-term asset reliability while supporting environmental compliance.

iOThree (NASDAQ: IOTR) ha annunciato che il suo F.R.I.D.A.Y Planned Maintenance System (PMS) ha ottenuto l'approvazione di classe da ClassNK, confermando la conformità ai requisiti funzionali per il software PMS. Questa soluzione basata sul cloud è progettata per digitalizzare i flussi di lavoro della manutenzione e migliorare l'efficienza a livello di flotta nelle operazioni marittime.

Il sistema include un modulo di rendicontazione delle emissioni di carbonio per il monitoraggio ambientale e presenta:

  • Architettura cloud-first che richiede un'infrastruttura locale minima
  • Design modulare e leggero per un'implementazione fluida sulla flotta
  • Accesso e aggiornamenti dei dati in tempo reale
  • Integrazione con l'infrastruttura esistente delle navi

Parte della suite ERP marittima cloud-native di iO3, il F.R.I.D.A.Y PMS mira a semplificare i processi di manutenzione, aumentare l'agilità operativa e ottimizzare l'affidabilità a lungo termine degli asset, supportando al contempo la conformità ambientale.

iOThree (NASDAQ: IOTR) ha anunciado que su Sistema de Mantenimiento Planificado F.R.I.D.A.Y (PMS) ha recibido la aprobación de clase por parte de ClassNK, validando su cumplimiento con los requisitos funcionales para software PMS. Esta solución basada en la nube está diseñada para digitalizar los flujos de trabajo de mantenimiento y mejorar la eficiencia en toda la flota en operaciones marítimas.

El sistema cuenta con un módulo de reporte de carbono para el monitoreo de emisiones e incluye:

  • Arquitectura cloud-first que requiere infraestructura mínima local
  • Diseño modular y ligero para un despliegue fluido en la flota
  • Acceso y actualizaciones de datos en tiempo real
  • Integración con la infraestructura existente de los buques

Como parte de la suite ERP marítima nativa en la nube de iO3, el F.R.I.D.A.Y PMS busca simplificar los procesos de mantenimiento, mejorar la agilidad operativa y optimizar la fiabilidad a largo plazo de los activos, apoyando al mismo tiempo el cumplimiento ambiental.

iOThree (NASDAQ: IOTR)는 자사의 F.R.I.D.A.Y 계획 유지보수 시스템(PMS)이 ClassNK의 등급 승인을 받아 PMS 소프트웨어의 기능 요구사항을 충족함을 인증받았다고 발표했습니다. 이 클라우드 기반 솔루션은 유지보수 작업 흐름을 디지털화하고 해양 운영 전반에 걸쳐 선단의 효율성을 향상시키도록 설계되었습니다.

시스템은 배출량 모니터링을 위한 탄소 보고 모듈을 포함하며 다음과 같은 특징을 갖추고 있습니다:

  • 최소한의 온프레미스 인프라를 필요로 하는 클라우드 우선 아키텍처
  • 선단 배포를 원활하게 하는 모듈형 경량 설계
  • 실시간 데이터 접근 및 업데이트
  • 기존 선박 인프라와의 통합

iO3의 클라우드 네이티브 해양 ERP 제품군의 일환인 F.R.I.D.A.Y PMS는 유지보수 프로세스를 간소화하고 운영 민첩성을 높이며 장기 자산 신뢰성을 최적화하는 동시에 환경 규제 준수를 지원하는 것을 목표로 합니다.

iOThree (NASDAQ : IOTR) a annoncé que son Système de Maintenance Planifiée F.R.I.D.A.Y (PMS) a reçu l'approbation de classe de ClassNK, validant sa conformité aux exigences fonctionnelles pour les logiciels PMS. Cette solution cloud est conçue pour numériser les flux de travail de maintenance et améliorer l'efficacité à l'échelle de la flotte dans les opérations maritimes.

Le système comprend un module de rapport carbone pour le suivi des émissions et inclut :

  • Une architecture cloud-first nécessitant une infrastructure locale minimale
  • Un design modulaire et léger pour un déploiement fluide sur la flotte
  • Un accès aux données et des mises à jour en temps réel
  • Une intégration avec l'infrastructure existante des navires

Faisant partie de la suite ERP maritime native cloud d'iO3, le F.R.I.D.A.Y PMS vise à simplifier les processus de maintenance, à améliorer l'agilité opérationnelle et à optimiser la fiabilité à long terme des actifs tout en soutenant la conformité environnementale.

iOThree (NASDAQ: IOTR) hat bekannt gegeben, dass sein F.R.I.D.A.Y Planned Maintenance System (PMS) die Klassenzulassung von ClassNK erhalten hat und somit die funktionalen Anforderungen an PMS-Software erfüllt. Die cloudbasierte Lösung ist darauf ausgelegt, Wartungsabläufe zu digitalisieren und die Effizienz der gesamten Flotte im maritimen Betrieb zu steigern.

Das System verfügt über ein CO2-Berichtmodul zur Emissionsüberwachung und bietet:

  • Cloud-first-Architektur mit minimalem Bedarf an lokaler Infrastruktur
  • Modulares und leichtes Design für eine nahtlose Flotteneinführung
  • Echtzeit-Datenzugriff und -aktualisierungen
  • Integration in bestehende Schiffs-Infrastrukturen

Als Teil der cloud-nativen maritimen ERP-Suite von iO3 zielt das F.R.I.D.A.Y PMS darauf ab, Wartungsprozesse zu vereinfachen, die operative Agilität zu erhöhen und die langfristige Zuverlässigkeit von Vermögenswerten zu optimieren, während es gleichzeitig die Einhaltung von Umweltvorschriften unterstützt.

Positive
  • Received ClassNK approval, validating product compliance and market readiness
  • Cloud-based solution reduces IT infrastructure costs
  • Carbon reporting module addresses growing environmental compliance requirements
Negative
  • None.

Insights

ClassNK approval validates iOThree's cloud-based maintenance system, bringing regulatory compliance with reduced infrastructure needs.

The ClassNK approval for iOThree's F.R.I.D.A.Y Planned Maintenance System represents a significant technical validation in the maritime sector. Classification society approvals are essential gatekeepers in this highly regulated industry, where compliance is non-negotiable for vessel operations.

The system's hybrid cloud/on-premise architecture addresses a key technical challenge in maritime operations - balancing modern cloud capabilities with practical vessel infrastructure limitations. Unlike traditional maintenance systems that require substantial onboard hardware, F.R.I.D.A.Y's lightweight design enables implementation without extensive infrastructure investments.

The integrated carbon reporting module directly addresses emerging regulatory requirements for emissions monitoring in international shipping. This functionality aligns with intensifying focus on environmental compliance and reporting standards.

ClassNK's acknowledgment that such systems can "reduce crew workload" and "facilitate information sharing between ship and shore operations" highlights practical operational benefits beyond mere regulatory compliance. The real-time update capability addresses a persistent challenge in maritime operations - synchronizing vessel and shore-based information systems across remote environments.

Regulatory approval strengthens iOThree's competitive position in maritime software, potentially accelerating sales cycles.

For a $25.4 million market cap company like iOThree, securing ClassNK approval represents a valuable business milestone. In the maritime sector, where technology adoption hinges on regulatory compliance, such approvals function as critical business development catalysts.

This certification creates clear competitive differentiation in a sector traditionally dominated by legacy systems. By positioning F.R.I.D.A.Y PMS as both compliant and cloud-native, iOThree addresses the maritime industry's competing priorities of regulatory adherence and technological modernization.

The system's modular design carries significant business implications beyond technical flexibility. For shipping companies, this approach enables incremental adoption rather than wholesale system replacement - lowering barriers to implementation while positioning iOThree for expanded module sales over time.

As part of iOThree's broader maritime ERP suite, this regulatory validation potentially enhances the marketability of their entire product ecosystem. The carbon reporting functionality specifically addresses a growing business concern for shipping operators facing intensifying environmental compliance requirements.

Hybrid Cloud and On-Premise ERP Solution Enhances Compliance and Operational Efficiency for Vessel Management

SINGAPORE, April 27, 2025 (GLOBE NEWSWIRE) -- iOThree Limited ("iO3" or the "Company") (NASDAQ: IOTR), a leading provider of maritime digital technologies including satellite connectivity and digitalization solutions in Singapore with a focus on facilitating the maritime industry towards digital transformation, today announced that its F.R.I.D.A.Y Planned Maintenance System (PMS) has received class approval from ClassNK, a leading classification society renowned for its stringent maritime standards. This certifies that the software has been approved in accordance with the functional requirements for PMS software in ClassNK’s “Guidance for the Survey and Construction of Steel Ships.”

“F.R.I.D.A.Y PMS has met the necessary criteria required for class approval,” said Masaki Matsunaga, Executive Vice President at ClassNK. “We recognize that PMS software can contribute to reducing crew workload, and especially cloud-driven PMS software has the potential to facilitate information sharing between ship and shore operations. ClassNK will continue ensuring innovative technologies meet standards, supporting the industry’s effort to enhance sustainable shipping."

F.R.I.D.A.Y PMS is a cloud-driven, next-generation solution designed to transform how maritime companies digitize maintenance workflows, reduce operational friction, and enhance fleet-wide efficiency. Unlike traditional maintenance systems, it provides shipowners with a lightweight, scalable, and flexible platform that helps track and manage the vessel's maintenance requirements, seamlessly working alongside the existing vessel infrastructure. Additionally, it features a carbon reporting module that enables shipowners to monitor and manage emissions data, supporting compliance with evolving environmental regulations and sustainability goals.

“With ClassNK’s approval, this milestone underscores our vision of revolutionizing maritime digitalization,” said Darryl See, Chief Technology Officer at iO3. “F.R.I.D.A.Y PMS goes beyond compliance—it empowers shipowners with a cloud-first, future-ready system that simplifies maintenance, enhances operational agility, and optimizes long-term asset reliability.”

As a core component of iO3’s cloud-native maritime ERP suite, F.R.I.D.A.Y PMS moves beyond conventional solutions. Unlike legacy systems that require heavy on-premise infrastructure, the modular and lightweight architecture enables seamless deployment across fleets of any size. By offering cloud scalability, shipowners can access critical data anytime, anywhere without the burden of maintaining extensive IT infrastructure. Its flexible, modular design ensures real-time updates and adaptability to evolving operational needs.

This milestone cements iO3’s role as a driving force in next-generation maritime digitalization, delivering a future-proof solution that enhances operational efficiency, resilience, and compliance.

ABOUT ClassNK

Established in 1899, ClassNK is a classification society dedicated to safety and environmental protection through third-party certification. ClassNK has conducted diverse technical services including surveys and classifications of ships and marine structures based on its own rules, international conventions on behalf of more than 100 flag states, management system certifications in line with ISO and other industry standards. ClassNK has committed to provide the industry with its full support to pave the way for digitalization and decarbonization challenges through the expanding certification service and R&D with industry partners. For more information, visit www.classnk.com

ABOUT iOThree Limited
iO3 is a leading provider of maritime digital technologies, offering a comprehensive range of solutions and services to optimize vessel operations, enhance safety, and improve overall efficiency. With a commitment to driving digital innovation in the maritime industry, iO3 empowers shipowners to adapt to evolving market demands and embrace the benefits of advanced technologies. For further information, visit www.io3.sg and https://www.linkedin.com/company/io3-pte-ltd

Contact for media enquiries:

Joanna Soh
Chief Commercial Officer
iOThree Limited
E: marketing@io3.sg/ js@io3.sg M: +65 9672 2760


FAQ

What features does iOThree's (IOTR) F.R.I.D.A.Y PMS system include?

F.R.I.D.A.Y PMS includes cloud-based maintenance workflow digitization, carbon emissions reporting, real-time data access, and seamless integration with existing vessel infrastructure.

How does the ClassNK approval impact iOThree (IOTR) in the maritime industry?

The approval validates F.R.I.D.A.Y PMS's compliance with maritime standards and strengthens iOThree's position as a maritime digitalization provider.

What advantages does IOTR's F.R.I.D.A.Y PMS offer over traditional maintenance systems?

It offers cloud scalability, minimal IT infrastructure requirements, modular architecture, and real-time updates, reducing operational friction and enhancing fleet-wide efficiency.

How does iOThree's (IOTR) F.R.I.D.A.Y PMS support environmental compliance?

The system includes a carbon reporting module that monitors and manages emissions data, helping shipowners meet environmental regulations and sustainability goals.
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