The Internet of Things is having an impact on ocean cargo shipping as a new way for ship owners to manage their fleets and achieve potential operational savings is being developed by Hyundai Heavy Industries and Accenture.
Using a network of sensors that will be built into new vessels, ship owners will be able to capture a range of ship voyage information (location, weather, ocean current, on-board equipment, and cargo status data), and applying real-time analytics to new and historical fleet data, and using data visualization technology to present the insights, ship owners will be able to monitor their vessel’s status and condition in real-time to make data-driven decisions that support more efficient operations.
Services are expected to include real-time alerts and warnings, predictive maintenance and more efficient scheduling.
”Our ambition is to lead innovation in ship operations, shipping and the port logistics sector,” said Moon-kyoon Yoon, COO of the Shipbuilding Division of Hyundai Heavy Industries.
The connected smart ship uses Hyundai Heavy Industries’ on-ship platform and the Accenture Connected Platforms as a Service (CPaaS). Services to be offered to Hyundai Heavy Industries’ customers through this collaboration include administrative and user management services, and device management services. These help ensure all connected devices can be monitored and maintained remotely.
“Businesses can gain a competitive advantage by embracing the connectivity wave underpinning the Internet of Things and integrating digital services into their products to keep pace with the next wave of innovation,” said Eric Schaeffer, senior managing director, Accenture.
With real-time data collection and exchange across vessels, ports, cargo and land logistics, Hyundai Heavy Industries would be able to create additional services and revenue streams to customers across the lifecycle of ships and journeys, removing barriers between different elements of a ship’s operation. The collaboration is part of Hyundai Heavy Industries’ plans to expand its business, moving from manufacturing to services.