Maritime Filing Buzz: 26% Drop in IoT Mentions in Q2 2022

Mentions of the Internet of Things in maritime company filings fell 26% between the first and second quarters of 2022.

In total, the frequency of IoT-related phrases between July 2021 and June 2022 was 70% higher than in 2016 when GlobalData, from which our data is drawn for this article, began tracking the top issues discussed in businesses. deposits.

When companies in the maritime industry publish annual and quarterly reports, ESG reports and other documents, GlobalData analyzes the text and identifies individual phrases related to the disruptive forces companies will face in the years to come. The Internet of Things is one such topic – companies that excel and invest in these areas are expected to be better prepared for the future business landscape and better equipped to overcome unforeseen challenges.

To assess whether the Internet of Things is more present in the summaries and strategies of companies in the maritime sector, two measures were calculated. First, we looked at the percentage of companies that mentioned the Internet of Things at least once in their filings over the last twelve months: 55% compared to 37% in 2016. Second, we calculated the percentage of total of sentences analyzed referring to the Internet of Things.

Among the ten largest employers in the maritime sector, Post Italiane is the company that has referred to the Internet of Things the most between July 2021 and June 2022. GlobalData has identified 20 phrases related to the Internet of Things in the documents filed by the Italy-based company – 0.16% of all phrases. UAL mentioned the Internet of Things in second place – the issue was mentioned in 0.15% of sentences in the company’s filings. Royal Mail, Yamato and APMM are other top employers with high IoT endorsements.

Of all the companies in the maritime sector, the dossier released in the second quarter of 2022 that placed the most emphasis on the Internet of Things came from THSRC. Of the 3,352 sentences in the document, seven (0.2%) referred to the Internet of Things.

This analysis provides a rough indication of which companies are focusing on the Internet of Things and the importance of the issue in the maritime industry, but it also has limitations and should be interpreted with caution. For example, a company mentioning the Internet of Things more regularly is not necessarily evidence that it is using new techniques or prioritizing the problem, nor does it indicate whether the company’s businesses in the Internet of Things have been successes or failures.

GlobalData also categorizes mentions of the Internet of Things according to a series of subtopics. Of these subtopics, the most commonly mentioned topic in Q2 2022 was “ambient commerce,” which accounted for 36% of all IoT subtopic mentions by maritime businesses.

Related companies