Big Data is one of the buzzwords in shipping. Seattle-based ioCur-rents aims to help ship owners and managers optimise vessel performance by providing artificial intelligence (AI) and machine learning (ML). Started in 2015 the company spent the first two years developing its platform Marine Insights. Co-founder Cosmo King talked to HANSA about chances and challenges of Big Data in shipping as well as ioCurrents' approach. For King, Big Data is just the collection of massive quantities of typically isolated and sometimes insignificant information. In this sense, AI & ML are simply the technologies that can make sense of these massive data sets, contextualize and synthesis the data into actionable insights: »For instance, we are deploying ML and AI to look at big data coming off ship operators' vessels and understanding the baseline behaviour of a vessel.«
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