New Report Shows How Maritime Industry Challenges Are Most Effectively Addressed Through Connectivity

A new report compiled by maritime innovation consultancy Thetius convincingly demonstrates that shipping companies seeking to address current and emerging challenges facing the maritime industry will benefit from a strategic approach to connectivity. Published by Inmarsat, a world leader in global mobile satellite communications, “The Network Effect: Strategising Connectivity at Sea for Maximum Impact” also provides guidance on effective connectivity framework strategies.

“The Network Effect” details the business benefits and specific capabilities that shipping companies can access by applying an effective connectivity strategy across their IT, crew and operational networks. These include optimization of voyages and layovers, reduction of emissions, condition monitoring and condition monitoring, trade facilitation, well-being and training of people. of sea, remote surveys and piloting and telemedicine services.

Inmarsat and Thetius network effects report highlights the need for strategic thinking about connectivity in modern maritime operations

Matthew Kenney, Director of Research and Consulting at Thetius, said: “Amid ever-changing regulatory requirements and an increasing focus on seafarer welfare, connectivity and data are essential to the competitiveness of shipping companies. However, simply buying data is no longer enough. If ship owners are to reap the full benefits of operational optimization, decarbonization and a loyal and talented crew, the right connectivity strategy is essential.

According to the report, once a shipping company has established its goals and identified the capabilities needed to achieve them, it will benefit most from finding the right mix of communications services to best support those capabilities. By joining the dots between business objectives and connectivity options, operators gain access to a host of benefits, including opportunities for optimization and efficiency, while reducing operating costs and improving profit margins; the ability to attract and retain a talented crew; and the ability to sustain operations and create competitive advantages.

Cover Image: The Network Effect: Developing a Connectivity Strategy at Sea for Maximum Impact

Ben Palmer, President of Inmarsat Maritime, said: “Ultimately, a good connectivity strategy is based on a clear understanding of the company’s business goals, the technologies needed to achieve those goals, and all the additional influences such as resource availability and investment needs. In this sense, maritime transport is no different from any other industry: the collection, assembly, analysis and exploitation of the value of data is based on connectivity services that are resilient, reliable, secure and available in the whole world. It is also critical to recognize that implementing a connectivity strategy is an ongoing, iterative process that requires constant monitoring, frequent reassessments, and regular feedback from internal and external stakeholders. As this report clearly shows, this is both necessary and highly valuable for modern shipping operations, both in terms of competitive advantage and meeting decarbonization goals.

Available for download here (https://jla.us5.list-manage.com/track/click?u=af149bc1342b1fb5513034e2e&id=e55d709d67&e=9caed17c7a), The Network Effect: Strategising Connectivity at Sea for Maximum Impact ends with a step-by-step instructions and best practice guidelines on how to develop and implement a successful connectivity strategy.
Source: Inmarsat