The maritime industry is known for being “orthodox” and change often can
be painfully long. Hence it is fair to say that innovation in maritime
technology is by far quite difficult given the fact that ship owners and
managers do not prefer to go with lesser known technology startups
while they continue to suffer inefficiencies. Digital platforms have
proven time and again about its possibilities w.r.t newer business
model, effective processes and often revenue models. Often ship owners
keep waiting for another peer to adopt before taking the technology
plunge, resulting in delayed optimization.
Newer & promising digital platforms are created with an aim to
address an existing business challenge or operate into an opportunity
area which currently doesn’t exist.
Technology Start Ups Addressing Market Challenges & Opportunities
As said often, two factors are shaping
the future of commercial shipping with massive impact on ship design and ship
operations: one being: intense competition within the maritime industry, which
is encouraging ship owners to adopt technology and operational efficiency in
order to gain advantages over its peers. The second being: having a maturing
technology which is perfect for use in ship system design and operations for
improving safety, reliability as well as financial and commercial performance.
Some of the key areas where digital technology can play a major role is
disrupting the Maritime industry :
The Role of Smart Ship Hub as a Technology Startup
Smart Ship© Hub helps Ship owners
& operators identify expandable business models and efficiency areas.
Whether it is vessel Machinery Condition & Health monitoring OR Remote
Video Support from the vessel for machinery maintenance OR Machinery Condition
based procurement: Smart Ship has been able to disrupt existing business
processes and introduce SaaS ( software as a service) based rich digital
experience.
Smart Ship© enables maritime companies with state of art Business Intelligence
and Analytics driven decision making capabilities in the areas of Spares,
Maintenance, Fuel utilization, Vessel utilization, Dry Dock requirement and
range of predictive components for day to day operations.
Smart Ship has ensured lowest possible “ Cost of adoption” while making
available rich set of value proposition , perfect way to step on to digital
journey for any maritime company. Apart from its versatile digital platform,
Smart Ship© also acts as your “ internal technology department” to help you
develop internal processes and build intellectual Property. With multiple
partnership models available, organizations can choose to expand their
automation objectives without incurring prohibitively high costs.
Smarter ships, intelligent vessel & voyage
tracking, effective cargo tracking & mgmt, smoother contract execution with
help of IOT and smart sensors are featuring in annual IT roadmap for large
number of maritime organizations. It is
making shipping more efficient, safer and sustainable. Operational
efficiencies, proven cost reduction , environmental regulations are driving
ship owners , ship managers and charterers towards adoption of Internet of
Things
With the primary objective of bringing down the operational costs and enhancing
efficiencies, Smart Ship© also brings in higher asset utilization. Smart Ship
Managed Services is helping maritime companies with or without ERP get more
agile and achieve higher degree of business visibility across all operational
processes. Live data from vessel machinery, Actionable Intelligence with AI ML
driven platform is actively adding value by reducing downtime, enhancing vessel
reliability and showcasing critical operational trends along with Smart Alerts.
As one of the fastest growing digital technology provider, Smart Ship©
guarantees your success & partners with you through your transformation
journey.
Smart Ship Pte. Ltd.
75 Meyer Road, #13-03 Hawaii Tower, Singapore
Singapore: +65 9894 6598 | India : +91 7620 225 640
Email: contact@smartshiphub.com
Singapore | India