Big Data Analytics in Shipping Industry
Data - opening the door to innovation in shipping industry. HiLo is here to help you protect and save more lives at sea.
We at HiLo are pleased to announce that we have received Lloyd's Register Foundation’s (LR) 10th Anniversary Impact Award in relation to maritime safety.
Driving maritime transformation
We are at the very forefront of maritime digital transformation:
• Delivering the first-ever quantifiable analysis of human reliability in the industry
• Piloting technology to collect, analyse and improve seafarer mental health
• Closing the loop on maritime risk analysis
These complement our world-leading safety decision-making system and risk decision tool for the maritime industry and are potential game-changers for the industry.
Data - opening the door to innovation
HiLo is here to help you protect and save more lives at sea. We use innovative and statistic technology to assist you with risk analysis aboard your fleets.
Our highly effective decision support system (DSS) uses big data to help you spot potential accidents aboard your fleets.
This helps you prevent disaster from happening in the future.
Human Reliability
HiLo is taking maritime risk analysis to the next level, investigating ‘how can we improve human reliability?
We have made a huge breakthrough, establishing a human reliability model that quantifies the drivers and impact of human behaviour on maritime risk.
BSM, Shell, Scorpio Group, Northern Marine, Stolt and Gaslog are among those already involved in the pilot; sharing their people-related data with us to improve safety for their crew members.
Seafarer Wellbeing through AI
In the challenging, fast-paced marine environment, your crew’s mental wellbeing is safety-critical. We asked a key question: ‘How can we improve seafarer wellbeing?’
Using Artificial Intelligence, we aim to provide you with the best information about risks to your crew’s mental health as early as possible.
Safetytech Accelerator, Audeering and TORM are combining their expertise with HiLo to develop this pilot project.
My Safety Strategy
Data analysis is just the beginning. HiLo is developing a tailored safety strategy for each HiLo customer, based on the needs of individual fleets.
Get access to your very own digital HSE manager, with experience from over 4000 ships and over 50 companies.
MSS closes the loop. Now you can see exactly where and how to act based on the industry’s biggest safety database, statistical modelling and strategic insights. Currently in pilot.
Humans have produced 18 zettabytes of data till now(1 zettabyte=1 billion terabytes).
The figure is going to rise further with the onset of IoT devices.
According to a report by IDC, the number of IoT devices is going to reach 41.6 billion by 2025.
Businesses today are leveraging the benefit of Big data to their advantage by either analyzing the data sets themselves or by opting for an efficient service provider from the list of Big Data Analytics companies for hire.In this article, we shall get to know some basics about Big Data and also see how, through ‘SALES’, you can get the most out of Big Data.
The global construction market will grow to $8 Trillion by 2030.
A construction project consumes a lot of resources and requires precise coordination between various teams.
The construction industry produces copious volumes of data, which, if utilized correctly, can benefit the construction industry immensely.Add an overview that big data companies need to feed Big data.In any construction project, and optimum utilization of data is vital as it ensures that the cost of the project remains under control, and the project gets completed on time.
Big Data analytics can help in achieving this goal.Click here to read more....