In a business context, data is a curious thing: it’s a raw material, an end-product and a by-product. It’s an inconvenience (ask anyone who has ever tried to use Excel to do serious analysis), a benefit and a goldmine. It’s often many of the above things simultaneously, and - worst of all- it’s only once you have spent serious time, money, and effort on interrogating it, do you really find out what it’s actually worth to you.
So it's unsurprising that there’s all kinds of enterprises that are dedicated to helping you use data effectively. The providers of those services are now aligning themselves to specific activities, arguing that (in our industry’s case) to handle data about shipping, you need to have a shipping background.
At Shipnet we know this to be true. We only exist as a business because in the late 1980’s, shipowners came to the conclusion that generic accounting tools just didn’t meet their specific needs, and that something better should be created to help them manage their day-to-day work and to help them grow in the longer term.
We also recognise the transformative power of data. Over the last three decades (and hundreds of projects completed in partnership with the biggest names in shipping), we’ve seen at first-hand how a solid grasp on your business data can yield massive improvements and efficiencies.
The power of data is one reason why we will be announcing our partnership with Navidium at Nor-Shipping next week.
Navidium’s innovative and powerful platform allows owners, managers and charterers to fuse together and contextualise data points from their Shipnet installation (and other sources!) to make data insights accessible and actionable, helping them to achieve their goals. Just like Shipnet they are also a company with deep roots in the maritime industry. That, plus the fact they are all great people - means there’s a great cultural alignment with Shipnet and our clients.
Navidium bring a supplementary layer of analysis to the Shipnet solution. Our reports and dashboards are fantastic for day-to-day needs and performance management, but many organisations will need more power to get the best out of their teams, their assets and their business as a whole.
We’ll introduce some of the Navidium platform’s specific capabilities in next week’s announcement and blog - which will be of special interest to anyone who has CII, decarbonisation or fuel efficiency on their agendas, but if you happen to be at Nor-Shippinng drop by to see me, Navidium’s CEO Simen, and their CTO Marty on our stand in the Norway hall. Even better - get in touch to book a meeting to discuss your needs in more detail.
John Wills
VP Product