Enhancing Ship Management with Big Data

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by Wilhelmsen Ship Management

Wilhelmsen Ship Management (WSM) aims to deliver unparalleled customer experience by continuously developing our digital solutions.

Even before Digital Shipping became a buzz word, WSM has been deploying various digital reporting systems onboard as part of its ship management operations. With our existing data framework, digitization is no stranger to us.

All vessels managed by WSM are analyzed with a business intelligence tool. This tool extracts information from the data warehouse, consolidates reports and creates analysis for decision making.

Carl Schou, President of Wilhelmsen Ship Management, said: “We have moved from traditional management through alerts and reports to digital dashboards. Today, with big data we can perform statistical analysis and develop more dimensions of visualized reporting. It is our aim to fully utilize this tool to assist owners in reducing operating cost, improving vessel performance and achieving their green initiatives.”

A dedicated team based in the Kuala Lumpur, Malaysia, has been relentlessly building and implementing effective analytics strategies. Going forward, WSM plans to increase their big data utilization in forecasting and scenario planning.

Internet of Things (IoT) is also high on the agenda and WSM sees it as a very near possibility as we already have the right foundation to seamlessly capture and analyze IoT information into meaningful insights.

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Source: Wilh. Wilhelmsen