ABS launches Wavesight as new SaaS company

Classification society ABS has announced that it is to combine its Nautical Systems and My Digital Fleet platforms into a new maritime software as a service (SaaS) company called ABS Wavesight.

My Digital Fleet is an AI-driven analytics and performance visualisation platform, while Nautical Systems is a fleet management system providing tools to improve reliability and performance. The two platforms are collectively installed on approximately 5,000 vessels across the global fleet.

ABS Wavesight will operate as an ABS-affiliate company, and will look to build on the respective capabilities of the existing software systems by integrating both products to offer improved visibility into fleet assets and real-time operational insights.

“ABS Wavesight stands well above other maritime software companies by uniting the expansive offerings of Nautical Systems and the innovative performance and compliance tools of My Digital Fleet into one powerful new SaaS business,” said Christopher Wiernicki, ABS Chairman, President, and CEO.

“ABS Wavesight complements ABS’ core classification services and is an important part of our overall enterprise strategy to support our clients and the industry in the development of cleaner, smarter and safer shipping operations.”

The new company will be led by Paul Sells as CEO and President, and will aim to promote strategic collaboration through industry partnerships with maritime technology stakeholders such as Kongsberg Digital and Sofar Ocean.

“Our vision for ABS Wavesight is to provide our clients with unmatched value through a suite of products that offer integrated solutions vs fragmented vendor offerings, open APIs vs closed systems that don’t share data, and a flexible architecture for easy system integration and maintenance vs costly upgrades every few years,” said Mr Sells.

“Our primary focus is developing software that helps clients gain more visibility into their existing operations to mitigate risk and deliver operational excellence as shipping pushes toward a new horizon.”

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Rob O'Dwyer

Rob is Chief Network Officer and one of the founders of Smart Maritime Network. He also serves as Chairman of the Smart Maritime Council. Rob has worked in the maritime technology sector since 2005, managing editorial for a range of leading publications in the transport and logistics sector. Get in touch by email by clicking here, or on LinkedIn by clicking here.

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