LR introduces digital maturity benchmarking tool for shipping companies

Lloyd’s Register (LR) has launched a new online tool designed to help shipping companies assess and benchmark their digital maturity.

LR’s Digital Maturity Index (DMI) is a free, web-based platform based on real maritime use cases, allowing users to self-assess their digital readiness, compare themselves against industry competitors, and identify potential areas for investment in technology and skills.

LR says that five tanker and bulker companies participated in the pilot phase and examined digital maturity across all aspects of their operations, from digital infrastructure to cultural integration.

“The LR Digital Maturity Index has been developed in collaboration with our pilot clients and gone through a rigorous and robust discovery process,” said Mark Warner, LR’s Global Content and Communications Director.

“It is unique in the maritime industry and incorporates close to 50 digital use cases. Our aim is to continue the pilot phase with more clients, primarily from the tanker and bulker segments, and then widen into other segments.”

“The preliminary results highlight that although companies are showing higher levels of maturity around the core enablers of connectivity, cloud computing and cyber security, there is far less maturity around the implementation of digital culture, skills, training and data standardisation. This reinforces the need for clear digital strategy adoption and a uniform approach to data standards.”

LR is also launching a new digital transformation advisory service alongside the Digital Maturity Index, designed to assist clients in overcoming the challenges inherent in digitalising their operations.

“The Digital Maturity Index provides a useful framework for shipowners to assess their digital maturity, also allowing them to explore advisory support/services tailored to their needs,” said James Frew, Business Consultancy, Director Lloyd’s Register.

“We are already supporting some of the largest vessel charterers around the digitalisation of their maritime businesses and now we are able to offer trusted advice to owners as to how they can reap the real benefits of digitalisation.”

More information about the programme is available here.

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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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