Adoption of IoT, AI-based Monitoring systems vs Legacy Systems in Maritime

Digitization in the maritime ecosystem comes with complex logistics, vessels management and supply-chain management. Smart technologies are taking this a phase further, with term coined smart shipping which is set to address challenges and offer far-reaching benefits for a range of Ship operators, owners and managers. From big data and cross-operations visibility to A.I., machine learning and automation, the entire supply chain stands to benefit from these smart, accessible advancements. Now is greater need to accelerate and adopt smart technologies that streamline operations and save time, money and resources.

“It is exciting to see the possibilities for operational and cost benefits that IoT connectivity and related digital platforms can produce for maritime businesses,” Mr Sven Brooks (Sr. Director, KVH).

An industry dependent on ERP, which is slowly advancing towards on-demand data and live monitoring of the asset being the trend of the decade.

ERP or legacy system advances fraction from the current capability the business developments, and the need of adoption new technology trends to improve operational efficiency, and update real-time information for ship owners and charters. It is all about fastening data from different parameters of ship into one unified system. IoT technology, meanwhile, is in opposition. It mainly deals with data from multiple devices in different formats. However, it is now an emerging trend that enterprises integrate ERP with this IoT Technology to leverage the potential benefits of an ERP system.

“The spectrum of maritime IoT adoption is on the rise and is poised to continue its upward trend as more and more maritime businesses move towards seeing the cost and performance benefits of true machine-to-machine IoT in real-time,” Mr. Sven Brooks. (Sr. Director, KVH)

  1. Better Operational Efficiency

We understand that IoT is able to operate without any human-to-human or human-to-computer interaction. All manual tasks from maintaining reports and keeping a checklist of maintenance procedure or even checking the engine health and condition are automated and brought in real-time with sensors embedded on vessels and machines.

Other essential data tapping area from vessel like AMS, Engine control, Cargo Control actions such as tracking & monitoring, re-ordering, replenishment can also be immediately fed in the ERP system, enabling companies to closely monitor the status of materials, machines, and then fuel the production greatness as a result.

2. Enhanced Asset Management

Gone are the days where assets only get serious maintenance when they have already broken down or a fixed maintenance schedule based on usage time. With smart sensors set in inside, machinery are able to detect their health through live monitoring, as well as wear and tear problems that arise during their functionality in advance and communicate this information to the Shipowners and managers. With live data, the shore team can also do Remote Condition Monitoring based on automated advisory. The assets consequently can last for much longer and run effortlessly during the operation, adding to savings and keeping the asset operational during peak working hours

3. Improved Forecasting

To be able to have the most precise forecasting, it definitely requires a massive quantity of data to observe and analyze. Thanks to IoT integration, a vast amount of real-time data and consumption information can be captured and directly sent to the cloud and to all concerned. Ship Managers and operators can recognize exactly when and where the problem arises and the root cause, the system is well capable of giving out an advisory on the alarms or alerts raised. All of this helps them make better forecasting of the purchasing trend for their spares and machineries and plan the maintenance schedules.

When it comes to integrating with innovative technologies, companies should look for a cloud-based intelligent system to make sure the integration can bring the most out for the business and its end users. ARAMCO (recognized by IRS) has recently taken initiative on upgrading the vessels under their flagship. Smart Ship© Hub is one of the pre-approved vendors ARAMCO for the digitization of vessels.

This is surely a great chance for shipping organizations to hold. Would you wish to have more details contact us for a meeting?

Smart Ship Pte. Ltd.

75 Meyer Road, #13-03 Hawaii Tower, Singapore

Singapore: +65 9894 6598 | India : +91 9607009295

Email: contact@smartshiphub.com

Singapore | India

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