Digital Platform and their impact on critical Maritime Challenges

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.

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 :

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.