Kongsberg Digital has signed a new partnership agreement with ioCurrents to add three software systems from ioCurrents’ MarineInsight range to the Kognifai Marketplace for Vessel Insight subscribers.
The new applications cover Vessel Health, Automated Reports and Fuel & Emission Optimisation.
“The demand for solutions to predict failures, to optimise fuel and emissions, and to streamline reporting is increasing both for retrofits and newbuilds entering the market. The MarineInsight solutions can easily be adopted by our subscribers and can solve many problems already identified by our customers,” said Eirik Næsje, Senior Vice President of Vessel Insight, Kongsberg Digital.
MarineInsight uses Machine Learning (ML) and Artificial Intelligence to create models of the normal operating behaviour of each unique vessel. These unique models can then identify when subsystems are trending towards failure, allowing more time to identify failures and supporting proactive prevention.
The software can also be used to optimises voyage by analysing time and fuel rates, generating automated reports that provide recommendations based on the fuel index to reduce fuel burn within existing schedules.
“Partnering with Kongsberg Digital has been a goal of ours for quite some time,” said Cosmo King, co-founder of ioCurrents.
“We are confident that by leveraging AI and machine learning, our data analytics platform, MarineInsight, will benefit Kognifai’s Vessel Insight subscribers. MarineInsight will analyse the huge amounts of data coming from their vessels and will turn it into meaningful charts and dashboards, enabling factual decision making to improve individual vessel and fleet performance.”