Use of Big Data in the Maritime Industry
Big data has the power to boost our business. Big data is offering new potential to promote innovation and provide real operational efficiencies throughout the shipping industry through application and insights. But knowledge on its own is insufficient. Our industry's advancement and future depend on how this data is analysed and the useful insights it offers.
Since the beginning of time, trade has been the foundation of human civilizations. Additionally, the vitality of international trade has been largely attributed to ships and the maritime sector. Because of this, 90 percent of all global trade currently comes from the maritime sector.
At HiLo, we use cutting-edge big data technology hosted on a completely secure platform to hasten the digitalization of the maritime sector.
HiLo's big data platform, known as HiLo HUB, has capabilities like algorithms, artificial intelligence, machine learning, analytics, and monitoring management dashboards so that shipowners and ship managers may quickly have the knowledge they need while making important decisions such:
Predicting the vessel route that is most appropriate given the conditions, safety, and fuel efficiency.
Deciding when to clean the ship's hull of fouling.
Selecting the ideal ship for chartering needs.
HiLo has five years of experience collecting and evaluating maritime data, allowing us to provide the most pertinent insights for our clients. Our long-term objective is to dominate the marine sector globally in terms of environmental and digital ss.
For a better future, we want to use machine learning and artificial intelligence to promote innovation while safeguarding the environment and assisting maritime actors in their digital transformation.
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