Explanation:

Union Minister of Earth Sciences inaugurated the web-based application “Digital Ocean developed by INCOIS of Ministry of Earth sciences, during a Virtual Meeting held in New Delhi recently.

• The ocean is a storehouse of infinite knowledge and Digital Ocean’ helps to share this knowledge about the ocean with a wide range of users including research institutions, operational agencies, strategic users, academic community, maritime industry and policy makers.

Digital Ocean platform

• It is a first of its kind platform for ocean data management.
• Digital Ocean will serve as a one stop-solution for all the data related needs of a wide range of users.
• It includes a set of applications developed to organize and present heterogeneous oceanographic data by adopting rapid advancements in geospatial technology.

Hence both statements are correct.