Big Data: Harnessing it to improve Risk Management

摘要

The maritime industry - not renowned for its willingness to proactively embrace change - is now seeing both the benefit and necessity of employing big data to enhance commercial opportunities, and also improve the safety and sustainability of the industry and those that work within it. These opportunities also bring unprecedented challenges. Previously, the relative lack of connectivity of various data sources has provided some sort of protection; however the modern-day internet of things has changed this. Organisations need to understand and mitigate the risk they face within their operating environment, ensuring effective precautions and responses are in place should they fall prey to cyber attack. At RightShip we clearly recognise the commercial advantages of big data, having spent the last two years upgrading our online risk management platform to a multi-million dollar predictive analytics tool.