Digital Transformation – Ocean of a Difference

At a time when the global marine industry is impacted by market fluctuations, over supply, margin pressures and labor shortages, operators are facing increasing challenge to reduce cost and increase operation efficiency. Traditional methods have created data silos and islands of automation, making it difficult to optimize operations across a vessel or systemize across the fleet. Digital technologies such as the Industrial Internet and data analytics can offer great promise. We have all witnessed the transformation of the aviation industry, where data-driven decision is taking the lead. Just as connected planes are making headway in the air, connected ships also can deliver great potential thanks to the predictive ability which can help improve marine operations.