Signal Ocean creates Data Warehouse for shipping information

Signal Ocean has launched a new cloud-based Data Warehouse, providing a central source of commodity shipping market data that can be streamed in real-time into in-house data environments to help automate reporting.

The Signal Ocean platform uses AI, geospatial models and predictive technology to provide ship owners, brokers, traders, charterers and market analysts with real-time shipping market data. This is integrated for each user company, with their own proprietary data automatically extracted from emails and messaging systems to create private market dashboards.

The Signal Ocean Data Warehouse provides an alternative option for accessing Signal Ocean data for companies that prefer SQL (Structured Query Language) to power their business intelligence platforms, including Microsoft Excel, Power BI or Tableau.

Using the Data Warehouse and a range of APIs (Application Programming Interfaces), users can live-stream data directly into their own applications, including vessel particulars, daily AIS, voyages, tonnage list, daily vessel status, distances, vessel emissions, vessel valuations, port expenses, market rates and freight data.

“The sheer scale of data now available to brokers and analysts in the current trading environment is overwhelming to anyone still trying to run the entire data crunching process manually,” said Dimitris Tsapoulis, Group COO, Signal Group.

“Our Data Warehouse offering will do the heavy lifting for them by seamlessly streaming the data Signal Ocean curates into their own systems and dashboards and automatically integrating that data with their own information. This will save hours a day and – crucially – make sure users are not on the back foot in what is an exceptionally fast-moving and volatile trading environment.”

“We’ve also made sure that the Data Warehouse solution is as close to a plug-and-play solution as you can get – there is no need for extremely resource-heavy IT integrations or investment in additional storage infrastructure, because our data is hosted on the cloud and our APIs are constantly updated. In short, with the Data Warehouse, companies of any size can harness all available market data without the huge costs in time and money of sifting through a mountain of data and information while their competitors beat them to the fix.”

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About the Author

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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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