17 2023
Industry Overview
Harnessing the Power of Disrup ve Mari me Solu ons to Transform the Industry
Industry Elucida on
How Mari me Solu ons Can Help Accelerate Shipping and Logis cs
THE 10 MOST DISRUPTIVE MARITIME SOLUTION PROVIDERS TO WATCH
A Global Communication Partner Leading the Evolution of Secure Connectivity at Sea
March ISSUE:
Lars Erik Lunøe CEO
If you want to build a ship, don’t drum up people to collect wood and don’t assign them tasks and work, but rather teach them to long for the endless immensity of the sea.
– Antoine de Saint-Exupery
Editor’s Note
Technological Advancements & Industrial 4.0
TMari me is at the peak of the stage of industrializa on that aims to a ain high levels of automa on in manufacturing through the broad use of Informa on and Communica on Technologies.
Technology trends like machine connec on, big data analy cs, ar ficial intelligence, blockchains, smart factories with intelligent autonomous robots, addi ve manufacturing, virtual reality (VR), and augmented reality (AR) are all included under the umbrella.
It addresses speeding the usage of intelligent remanufacturing ac vi es and simplifying data capture and exchange at mul ple supply chain stages.
In order to create unique, trustworthy, sustainable, agile, adaptable, responsive, knowledge-based, and customeroriented solu ons for high-technology sectors, it is now impera ve to combine a variety of these novel technologies.
From the solvent perspec ve, the concept of future manufacturing, shipping, and product recovery processes is
inextricably ed to the hybrid use of blockchain and the Internet of Things (IoT).
In the context, op mizing end-of-life decision-making for technological improvements through the latest edi on –The 10 Most Disrup ve Mari me Solu on Providers to Watch, is an umbrella used to increase the accessibility and comprehensive use of relevant data by connec ng all organiza ons, assets, and resources involved in the chain to increase the value and maximize consumer benefit.
Have an enlightening read!
-PrashikD.Bombarde
08
CONTENTS 18 Unlock the Power of AI and Harness the Insight of Data with SINAY’s Hub SINAY ARTICLES CXO CXO Top 9 Problems with Big Data and How to Solve Them 26 How Skinive AI is Changing the World of Dermatology Industry Elucida on How Mari me Solu ons Can Help Accelerate Shipping and Logis cs Industry Overview Harnessing the Power of Disrup ve Mari me Solu ons to Transform the Industry 03 34
Editor-in-Chief Merry D'Souza
Managing Editor
Prashik Bombarde
Visualiser David King
Art & Design Head
Co-designer
Art & Design Assistant
Sonia Raizada
Shruti Tikotkar Business Development Manager
Rohil Shinganapurkar Marketing Manager Joseph D'souza
Kelly, David Business Development Executives
Circulation Manager Tanaji Fartade Research Analyst Eric Smith
March, 2023
sales@insightssuccess.com
Technical Consultants Prashanth, Rajeshwari
Copyright © 2023 Insights Success Media and Technology Pvt. Ltd., All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights Success. Reprint rights remain solely with Insights Success. Follow us on : www.facebook.com/insightssuccess/ www.twitter.com/insightssuccess Corporate Ofce Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - (614)-859-2600 Email: info@insightssuccess.com For Subscription: www.insightssuccess.com We are also available on : RNI No.: MAHENG/2018/75953 Sales Executives Mark, Alice Prachi Mokashi Executive Editors Adiba Tarade Shreyasi Shelke
Belin The way of business solutions
Technical Head Jacob Smile Assistant Technical Head SME-SMO Executive Gemson Digital Marketing Manager Alina Sege Assistant Digital Marketing Manager Renuka Kulkarni
Paul
Company Featuring Brief Company Featuring Brief Company
Featuring Brief
Arviem arviem.com
Charles Vincent CEO
Arviem has grown organically to become the leading service provider for real- me cargo monitoring services.
Baxter Marine Group baxtermarinegroup.com
April Stercula CEO
Baxter Marine Group brings decades of so ware experience, actual business know-how, proven success, and decades of combined realworld leadership experience in the marine industry
FarSounder farsounder.com
Ma hew Zimmerman CEO
FarSounder believes in developing innova ve products that do more than just help vessels get safely by being environmentally conscious through crea ng products that reduce impact on the ecosystem.
SOL-X Pte. Ltd sol-x.co
Ricardo Puig CEO
SOL-X provides industrial safety solu ons to improve workplace safety and compliance outcomes, and enhance opera onal excellence.
MariApps Marine Solu ons mariapps.com
Sankar Ragavan CEO
MariApps Marine
Solu ons is a mari me digital solu ons company focused on providing mari me enterprises with customized applica ons and so ware solu ons.
Daphne Technology SA daphnetechnology.com
Mario Michan Founder & CEO
Daphne Technology is a Climate Deep Tech company protec ng the environment by developing innova ve technology that removes GHG and toxic emissions for mari me and onshore industries.
Shearwater GeoServices shearwatergeo.com
Irene Waage Basili CEO
Shearwater is a global provider of powerful geophysical marine seismic acquisi on and processing services from sensor to image.
SINAY sinay.ai
Yanis SOUAMI CEO
SINAY is a single digital pla orm where data are gathered and transformed into key indicators thanks to advanced AI technologies and their AI experts.
Telenor Mari me telenormari me.com
Lars Erik Lunøe CEO
Telenor Mari me is a truly global connec vity provider at sea. Both a mobile operator and a digitaliza on partner for the mari me industry.
Tototheo Mari me tototheo.com
Despina Panayiotou Theodosiou Co-CEO
Tototheo Mari me provides innova ve, efficient and func onal solu ons in the fields of satellite communica on, naviga on systems and digitaliza on services.
In the future, we believe that the Unified Hos ng Service™ will be the on-board hub of opera onal data and the center of digitaliza on efforts for ship owners and OEMs alike.
COVER STORY
A Global Communication Partner Leading the Evolution of Secure Connectivity at Sea
The 10 Most Disrup ve Mari me Solu on Providers to Watch
Lars Erik Lunøe CEO
Thecrewsoftoday’smaritimefleetsaremadeupof
adiversegroupofnationalitiesandworklonger shiftswithsignificantlyquickerturnaroundsin ports.Sincethetypicalindividualusestheirsmartphone 2,617timeseachday,beinginaremotelocationwithouta waytocontactlovedonescanbedetrimentaltoaseafarer’s morale.
Ascrewsandpassengersage,thisisespeciallycrucial becausemillennailswereraisedinthedigitaleraandhave cometoexpectconstant24/7connectivity.Agoodinternet servicewillenableuserstoaccessnewsservicesintheir ownlanguage,internetbanking,instantmessaging,anda varietyofsportsandentertainmentalternativeswhileusing theirowndevicesintheprivacyoftheircabins.
TelenorMaritimeisatrulyglobalconnectivityproviderat sea.TelenorMaritimeisapartnerforthecruise,ferryand oilandgasindustries,andismajorcontributortothe digitalizationofthecommercialshippingfleet.
Since2004,TelenorMaritimehasprovidedthegreatest mobileexperienceatsea,connectingbothcrewand passengerstowhatmattersmost.Theycontinuouslysetthe barwhenitcomestocreatingsecurecommunicationsfor theirclientsanddeployinginnovativeconnectivity technology.
Forpassengersandstaffmemberstousetheirdeviceson boardinasimilarwaytohowtheywouldonland,Telenor Maritimeoffersanend-to-endconnection.
IdeatoInception
Fourengineersmettwentyyearsagoanddecidedthat peopleshouldbeabletousetheirphonesandstay connectedjustliketheycanonlandwhileworkingand travelingonships.Theydevisedamethodforestablishing mobilecoverageonboardshipsviasatelliteconnectivity.In 2002,TelenorMaritimebecamethefirstinternational companytoprovidemobilecoverageoncruiseships.Since then,technologyhasgrownfromtheearliest2Gsolutions tothemostcutting-edgestandardscurrentlyusedatsea. TelenorMaritime,whichbeganasamaritimemobile operator,isnowafull-service,end-to-endconnection providerwithsolutionsforpassengersandcrew,IoT devices,andtheships’ITandOTnetworks.
LarsErikLunøe
Withmorethan15yearsofexperienceinmultipletop-level positionsinthemaritimeindustry,LarsErikwas appointedCEOofTelenorMaritimein2019.Hisschooling comprisesfinancialhighereducationfromtheNorwegian BusinessSchoolandtheRoyalNorwegianAirForce (RNoAF)(BI).LarsErikbringsTelenorMaritimeawealth oftechnicalandsector-specificknowledgeandinsightthat hehasgainedfrompreviouspositionswithtopglobal companieslikeWilhelmsenandSurvitec.
Larshasabackgroundinthemilitary,havingspenta significantamountoftimeservingasanofficerintheNavy andtheAirForce.Hehasheldsalesandmanagerial positionsforshipequipmentsuppliers(OEMs), primarilyinthewastemanagementandfiresafety sectors.Hedidn’tknowmuchabouttelecommunicationspriortojoiningTelenorMaritime,buthe hasextensivemaritimedomaincompetence,and hereliesonthesupportofthecompany’s technicalexpertsandengineersforthetelecom part.
Telenor Mari me’s Unified Hos ng Service™ is a vendor-independent pla orm for collec ng, storing, analyzing, and sharing data between stakeholders.
Larsholdsseveralpositionsasaboardmemberand chairmaninvariouscompaniesandclusters.Sincejoining TelenorMaritime,Larshashadaspecialfocusondigitalizationtocreatenew,sustainablebusinessopportunitiesfor ourcustomersandpartnersworldwide.
HelpingSailorstoAlwaysConnect
TelenorMaritime’smainproductsarestillconnectivity, mobile,andwi-fiservices,wheretheteamservesits customerswhereverintheworldtheyaresailing.The importantcomponentsoftoday’scruiseexperiencesare passengerconnectivityanddigitalpassengerservices.
Thedigitalizationoflaborprocessesandunmanned operationshasbeenmadepossiblebyTelenorMaritime’s recentdiversificationofitsportfolioandinvolvementin numerousotherindustries,includingvesseloperationsand oilandgassites.
Butmorecrucially,TelenorMaritimeismakingsignificant investmentsindigitalization,oneofthekeyforcesbehind themaritimesector’stransitiontoamoresustainable model.Theneedforconnectivityanddigitalinteractionis exploding,andtheteamisthereasanindependentpartner tosafelyassistshipownersandoperatorsincomplying withregulations,toensureenvironmentallysafeoperations, andtosavecosts.TelenorMaritime’steam’spurposeisto connectitsbusinesspartnerstowhatmattersmostby enablingthedigitalshiftatsea.
IntroducingaUnifiedHostingService™
Digitalizationimmediatelyaffectedthemaritimesector, makingitdifficultandimportanttogatheroperatingdata. Manualdatagatheringproduceddataofdubiousquality thatfellshortofconformingtothenewrulesandstandards. Asaresult,numerousdiversepartieshavecreatedsystems togather,transmit,store,andanalyzedata,eachintheir ownsiloandfrequentlyonland.
ThePlatformasaService(PaaS)adaptstonewstandards andnewmethodsofdatacollectionandtransmissionas technologydevelopsanddemandincreases.Inthefuture, TelenorMaritimebelievesthattheUnifiedHosting Service™willbetheon-boardhubofoperationaldataand thecenterofdigitalizationeffortsforshipownersand OEMsalike.
StabilizingDuringtheCrisis
Thegreatestproblemfacingthecurrentgenerationis climatechange,andTelenorMaritimeisworkingto increasestandardsthroughoutitssupplychainsandpartner organizations.Findingaffordableandenergy-saving solutionsforitsoperationsisatoppriorityforTelenor Maritime.TelenorMaritimewillincreaseitseffortsand lookforfreshapproachestofurtherlowerthecarbon footprintofthebusiness.
Additionally,TelenorMaritimebelievesthatitsservices willhelpitspartnersandclientsachievetheirgoalsof loweringtheircarbonfootprint.Inthemaritimeindustry, digitalizationwillaccountforroughly20%oftheway towardsachievingIMOrequirementsandreachingthe UN’ssustainabilitygoals.Thecompanystates, “Our core connectivity services ensure that digitalization at sea is possible, while our new solutions for on-board data collection and governance speed up the process.”
FocusingonthePresenttoTransformTomorrow
Intelecommunications,oneneverknowswhattheworld willlookliketomorrow.Howwilltechnologyevolve,and howdowekeepup?Whatsolutionswillbesustainableand profitableintheyearstocome?Andwhenitcomesto maritimedigitalization,whatwillmostlikelybecomethe standardinthemarket?Beingaroundfor20yearsnow, TelenorMaritimehasnurturedteamsofexpertsfrom varioustechnologyfields.Ithasestablishedrelationships withpartners,includingclassificationsocietiesand
Telenor Mari me’s Unified Hos ng Service™ is a vendor-independent pla orm for collec ng, storing, analyzing, and sharing data between stakeholders.
regulators.Andmostimportantly,theteamlistensto itscustomersandevolveswiththem.Itstates, “Our experience is our opportunity: we want to guide our customers to solve their challenges.”
FutureAspiration
TheindustryTelenorMaritimeisworkinginisa greenfieldarea:it’sneverstraightforwardto “marinize”familiartechnologyandsolutions fromthelandside.Therearesomanyopportunitiesfornewcomersinthemarket,especially withthe“new”focusondigitalizationand optimization.Goodideasandgreatsolutions arewelcomed.Theteamsays, “Keep in mind that the industry is still very conservative, and it can be difficult to persuade your customers to be first movers or to be one yourself. Stick to your idea, believe in it, and be patient. And always remember, it is the value that you create for your customer that counts.”
TelenorMaritimehassetanambition tobetheultimateconnectivityservice providerinthemarketby2025andto ensureitwillbeabletomeetthe climatetargetsetfor2050.The companyisalreadytherewithsome
customers,operatingasastrategicpartnerfortheir evolution.Itaimstogainsuchapositionwithmanymore ofitscustomers.Itstates, “We are well-established in the cruise and ferry segments and are now working on expanding our services to all segments of the maritime industry. The future is truly exciting, and we hope to stand alongside our customers and partners in the green shift, helping them to reach their sustainability goals.”
ClientsReview
Class-leading digital experiences require increased bandwidth and secure connectivity, delivered safely and redundantly. To achieve this, we depend on working with the best. We believe Telenor Maritime will be a good partner for years to come with the ambitions the company has for developing new technology and solutions, which is very well aligned with Color Line’s goals.
–ArePaulsrud,CTOatColorLine
Telenor Maritime’s agile approach to connectivity is central to our choice of connectivity provider. Especially after COVID forced us to be extremely cost-conscious, while passengers’demand for better services keeps growing.
– Luc Szczypa, Sales Director at La Méridionale
At Anek Lines, we put our passengers first, their satisfaction and loyalty are key to our business. All our services, from our essential back-office applications to the wi-fi network on board, are reliant on high-speed, 24/7 connectivity A strategic connectivity partner must be highly dependable and at the forefront of technology for the maritime industry. We believe this is true of Telenor Maritime.
–MarinosNomikosITDirectoratAnekLines
Star ng as a mari me mobile operator, today we are a full-fledged, end-to-end connec vity provider with solu ons for passengers and crew, IoT devices, and the ships’ IT and OT networks.
GlobalSubscrip on
The way of business solutions
ChooseExcellence,Choose
March, 2023 18 www.insightssuccess.com
Yanis SOUAMI CEO
SINAY
Experience the Revolutionary Impact of SINAY’s Datadriven Solutions!
Navigatingtheopenseascanbeunpredictable,with
weatherconditions,portcongestion,andvessel breakdownscausingdelays,increasedcosts,and potentiallyputtinglivesatrisk.Forcenturies,themaritime industryhasreliedonexperienceandintuitiontotacklethe challengesoftheopensea.
However,withtheadvancementoftechnology,theindustry hasbeenabletoequipvesselswithstate-of-the-art navigationtools,real-timeweatherupdates,and sophisticatedmonitoringsystems.Thesecutting-edge technologieshaverevolutionizedthewayweoperateatsea andhavemadeshippingsafer,moreefficient,andmore sustainable.
TheuseofArtificialIntelligence(AI)andMachine Learning(ML)hastransformedthemaritimeindustry, creatingnewopportunitiesforinnovationandgrowth. Smartshippinghasnowbecomeareality,withautonomous ships,predictivemaintenance,anddigitaltwintechnology pavingthewayforamoreconnectedandintelligent maritimeecosystem.
Andoneofthefinestmaritimedata-drivensolutions providersincludesSINAY.
SINAYisatrailblazingtechstart-upthathasbeenpushing theboundariesofinnovationsince2008.Headedbythe visionaryYanisSOUAMIandpoweredbyadynamicteam ofexpertsfromallcornersoftheglobe,Sinayisdrivenby anunwaveringpassionforcutting-edgetechnology.
Harnessingthepowerofmachinelearningalgorithmsand AI,theyseamlesslyintegratedatafromvarioussources suchasvesselposition,weather,currents,andwildlife.The result?Keyperformanceindicatorsthatareunparalleledin
theiraccuracyandreliability.What’smore,theirAI algorithmsareconstantlyevolving,learningfromevery pieceofdatatheyanalyzetobecomeevenmoreeffective overtime.
SINAYhasrevolutionizedthemaritimeindustryby intelligentlyleveragingdataanalysisandcutting-edge technologytoprovidereal-timeinformationtoship operators,enablingthemtooptimizeroutes,reducefuel consumptionandsavecosts.Theirsuccesshasearnedthem numerousindustryawardsandrecognitions,yettheyare strivingformore,continuallyexploringwaystousetheir technologyforabetterworld.Asaresult,theircommitment totechnologicalimprovementshashadanundeniable impactonthemaritimesector
Discover how SINAY is transforming the industry. Get the inside scoop and learn more about their cutting-edge solutions. Keep reading to find out more!
Whatwastheinitialideabehindtheinceptionofyour company?
SINAYwascreatedin2008.WelovetosaythatSinay,like Netflix(whichwascreatedin1997),hasalwayshadthe samemissionbuthastransformedthewayitdeliversitover time.Netflix’smissionistodeliverthebestmoviesat home.Theystartdeliveringitbymailand,after10years, throughacloud-basedplatform.Ourmissionistodeliver powerfulinformationtomaritimestakeholderstohelpthem reconcilesustainabilityandoperationefficiency.Westartto deliveritbydeployingsensorsatseaandthenanalyzethe datawithcomplexalgorithmsthatwedevelopedonPCs. Since2018,wehavecontinuedourmissionthrougha cloud-basedplatform.
SINAYhelpsmaritimecorporationsreconcilebusiness efficiencywithoceansustainability
Unlock the Power of AI and Harness the Insight of Data with SINAY’s Hub
March, 2023 19 www.insightssuccess.com
The 10 Most Disrup ve Mari me Solu on Providers to Watch
Kindlybriefusaboutthefeaturedperson(s)andtheir exceptionaljourney.
YanisSOUAMIisaninternationallyacclaimedexpertin thestudyofthemarineenvironmentandthedevelopment ofinnovativetechnologiesformaritimesurveillance.With 15yearsofexperience,hehasbeenakeycontributorto numerousinternationalfora,suchasACCOBAMS, ASCOBANS,CMS,CBD,andUNEP/MAP,leadingthe discussiononunderwaternoisepollution.Heisaleading authorityinthefieldandaninvaluableassettothemaritime industry.
Whataretheprimarygoalsandphilosophyofyour company?
Oceanconservationisatthecoreofourbusiness.
Ourambitionistobeanoceantechcompanythatcombines fastgrowthwithahighpositiveimpactonaglobalscale.
UsingSinay’ssolutions,maritimecompaniesdrastically reducetheirtimeandcostforsearchingfortheright information,increasetheiroperationefficiency,andreduce theirimpactonoceanbiodiversity
Whatareyouraccomplishedofferingsthathavea strongfootholdinthemaritimeindustry?
Sinayisparticularlyrecognizedforitsoffshoreoperations expertise.
Withapresenceineightwindfarmscurrentlyplannedor underconstructioninFrance,Sinayisoneofthemajor referencesinoffshorewindfarms.
SINAYhasbeencarryingoutmonitoringaroundthese parks,whetherforacoustics,megafauna,waterquality,or fisheries,asrequiredbyeachphase.Bidding,prefeasibility,feasibility,businessdevelopment,offshoresite firstoverview,preliminarysitecharacterization.
Whataretheobstaclesthatyourcompanyfacesinthe landscapeofyourindustry?
Themaritimeindustryisacomplexindustrywithawide rangeofactors.Someareverydigitalized,andothersare not.Accordingly,Sinayneedstoadjusttothedifferent prospects,suchasmarinecontractors,shippingcompanies, orports.Toanswerthesevariousneeds,Sinayhas developedanofferingrangingfromprofessionalservices (workshops,tenders,andRFQs)tomodularsoftwareor APIs.
Howisyourcompanyadaptingtocontemporary changes?
Sinayhasstandardizeddataanalysistoprovidespecific softwareorAPIsallowingustogetthebestinsightsoutof thedataandtogetprecisereports.
Inwhattraditionsisyourcompanycontributingtoyour industry?
Sinayremainsafieldexpert,withmorethan50marine scientistsandmarineprojectmanagersworkingdailyto deployoffshoreoperationsandprotectfishstocksand marinemammals.
Whatisthenextstepforthecompany?
The next step is to raise a Serie A.
Provideafewcustomer/clienttestimonialsthatrightly exhibityourcompany’sexpertiseinthemarket.
“Makingsurethattheweatherdowntimeofouroffshore operationsisestimatedaspreciselyaspossibleisoneofour mainchallengesintendering.ThankstoSinay’sMetocean AnalyticsandtheAdvancedWeatherDowntimefeature,we cananalyzethemetoceandatainadvancetoplanandprice theoptimalperiodofexecutiontorealizeoffshore operations.”-
WimVanHuele,TenderManagerat GEOxyz
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We believe that a deeper comprehension and be er monitoring of data will enable mari me ac vi es to improve efficiency while reducing environmental footprint.
Industry Elucidation
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HowMARITIME Solutions Can Help ACCELERATE SHIPPINGand LOGISTICS
Astheworldbecomesmoreinterconnectedand globaltradecontinuestoexpand,theimportance ofefficientshippingandlogisticssolutions cannotbeoverstated.Themaritimeindustry playsacrucialroleinthisprocess,servingasthebackbone forthetransportationofgoodsacrossoceansandseas. However,withsomanyvariablesatplay,including weather,geopoliticaltensions,andsupplychaindisruptions, theneedforreliableandinnovativemaritimesolutionshas neverbeengreater
Maritimesolutionsaretechnologiesandservicesthathelp accelerateshippingandlogisticsoperations.Withthe adventofnewtechnologies,theshippingandlogistics industryhasseenasignificanttransformationoverthe years.Thesesolutionshavehelpedshippersandcarriers aliketostreamlinetheiroperations,reducecosts,and increaseefficiency
Portcongestion
Oneofthekeyareaswheremaritimesolutionsaremakinga significantdifferenceisportcongestion.Portcongestionis amajorchallengefacedbyportsworldwide.Itresultsin delaysandinefficiencies,whichimpacttheentiresupply chain.Withthehelpofmaritimesolutions,portscannow managetheiroperationsmoreefficiently.Forinstance,
March, 2023 23 www.insightssuccess.com
somesolutionsenableportstooptimizetheirresources, reducewaitingtimes,andexpeditetheloadingand unloadingofcargo.
Transportationmanagement
Anotherareawheremaritimesolutionsaremakinga differenceistransportationmanagement.Transportation managementinvolvesmanagingthemovementofgoods fromoneplacetoanother.Withthehelpofmaritime solutions,transportationmanagementhasbecomemore efficientandstreamlined.Thesesolutionsprovidereal-time visibilityintothemovementofgoods,enablingshippers andcarrierstotracktheircargoateverystageofthe journey This,inturn,helpstoreducetransittimes,improve deliverytimes,andincreasecustomersatisfaction.
Reducecosts
Maritimesolutionsarealsohelpingshippersandcarriersto reducecosts.Thecostofshippingandlogisticscanbea significantexpenseforbusinesses,andanyreductionin costscanhaveasignificantimpactonthebottomline.With thehelpofmaritimesolutions,businessescannowoptimize theiroperations,reducefuelconsumption,andminimize wastage.Thisnotonlyhelpstoreducecostsbutalsomakes theshippingandlogisticsindustrymoresustainable.
Improvevesselperformance
Oneofthemostsignificantadvantagesofmaritime solutionsistheirabilitytoimprovevesselperformanceand reducefuelconsumption.Byleveragingadvanced technologiessuchaspredictiveanalytics,machinelearning, andartificialintelligence,shipoperatorscanoptimize vesselspeed,route,andfuelconsumptiontominimizecosts andmaximizeefficiency Thisnotonlyhelpsreduce emissionsandenvironmentalimpactbutalsoenables businessestodelivergoodsfasterandmoreefficiently, leadingtoimprovedcustomersatisfactionandincreased profitability.
Enhancecargohandling
Anotherkeybenefitofmaritimesolutionsistheirabilityto enhancecargohandling.Withthehelpofautomatedport terminals,containertrackingtechnologies,andadvancedcargo handlingsystems,logisticsproviderscanensurethatgoodsare loadedandunloadedfromvesselsquicklyandefficiently, reducingturnaroundtimesandminimizingdelays.Thishelps businessesmeettightdeliverydeadlinesandimprovesupply chainperformance,ultimatelyleadingtobettercustomer satisfactionandincreasedrevenue.
SafetyandSecurity
Maritimesolutionsalsoplayacrucialroleinenhancingsafety andsecurityintheshippingindustry.Withthehelpof advancedcommunicationandmonitoringsystems,ship operatorscankeeptrackofthevessel’sposition,weather conditions,andothercriticaldatatoensuresafeandsecure navigation.Additionally,technologiessuchascybersecurity systemsandanti-piracymeasureshelpprotectvesselsand theircargofrompotentialthreats,ensuringthatgoodsare deliveredsafelyandsecurely
Sustainablefuture
Finally,maritimesolutionsarealsodrivingtheindustrytoward amoresustainablefuture.Withtheincreasingfocuson reducingemissionsandenvironmentalimpact,businessesare turningtogreenshippingtechnologiessuchasfuel-efficient engines,wind-assistedpropulsion,andalternativefuelsto reducetheircarbonfootprint.Additionally,initiativessuchas theportelectrificationandshorepowersystemsarehelping reduceemissionsfromvesselswhileatport,further contributingtoamoresustainableshippingindustry
In conclusion,
Maritimesolutionsplayavitalroleinacceleratingshipping andlogisticsoperations.Fromreducingportcongestionto improvingtransportationmanagementandreducingcosts, thesesolutionsaretransformingtheindustry.Astheindustry continuestoevolve,it’sessentialforbusinessestoembrace thesesolutionsandstayaheadofthecompetition.Withthe helpofmaritimesolutions,businessescanstreamlinetheir operations,reducecosts,anddelivergoodsmoreefficiently thaneverbefore.
March, 2023 24 www.insightssuccess.com
-AdibaTarade
HowSkiniveAI is Changing theWorld of Dermatology
-By Kirill Sokol, Founder/CEO of Skinive.com
Skindiseasesareamajormedicalconcern,with increasingprevalence,morbidity,andrelapses,as wellasthedevelopmentofcomplicationsthatcan negativelyimpactpatients'qualityoflife.Thedevelopment ofinformationtechnologyhassignificantlyalteredthe approachtodiagnosingandtreatingdermatological diseases.Artificialintelligencealgorithmshavebeen developedtoassistdermatologistsindiagnosingdiseases. Theyhavethepotentialtofacilitateearlydiagnosis,reduce thenumberofappointmentsneeded,decreasewaittimesfor specialistconsultations,andaccuratelyreferpatientsto doctorsinotherspecialties.Thisarticlefocusesonthis rapidlydevelopingfieldofknowledge.
Skindiseasescontinuetobeasignificantproblemdueto theirprevalence,increasedmorbidity,frequentrelapses, absenceofstableremission,andthedevelopmentof complications,whichnegativelyimpactpatients'qualityof life.Thedevelopmentofinformationtechnologyhas significantlychangedtheapproachtodiagnosingand treatingdermatologicaldiseases.Artificialintelligence computeralgorithmsarenowusedtoassistdermatologists indiagnosingdiseases.Thesealgorithmscanlearn automaticallybasedontheinputdataandexperience providedtothem.
Publicationsdescribingtheuseofcomputervisionforthe non-invasivediagnosisofskintumorsfirstemergedinthe late2000s,asevidencedbyMaglogiannisandDoukas' publication.
In2017,StanfordUniversitypublishedagroundbreaking studyshowingthatartificialintelligencecanmatchthe competencyofcertifieddermatologistsindetectingand classifyingskincancerusingcomputerneuralnetworks. Inrecentyears,manycountrieshaverecognizedthe potentialofartificialintelligenceandhaveadoptedstrategic plansforitsdevelopment.TheUnitedStatesreleasedthe NationalStrategicPlanforResearchandDevelopmentin AI,theUKpublished"TheDevelopmentoftheAIIndustry intheUK,"andtheEUreleased"TheAgeofAI:Towardsa EuropeanStrategyforHuman-CenteredMachines."
UsingSkiniveneuralnetworktosolvedermatological problems
Oneexampleoftheongoingdevelopmentandimprovement ofartificialintelligencefordiagnosingskindiseasesisthe Skiniveneuralnetwork,developedin2018.Currently,the networkisusedinapplicationsforbothmedical professionals( )andforhomeuse( SkiniveMDApp Skinive App).In2020,thenetwork'sfocuswasdirectedtoward dermatologicalskindiseases,whicharedifficultforthe networktorecognize.
In2021,theSkiniveneuralnetwork'srecognitionarsenal expandedtoincludethreelargegroupsofdermatological diseases:herpesandfungalinfectionsoftheskin, papulosquamousdisorders(psoriasis,seborrheicdermatitis, typesoflichen),andimprovedrecognitionofacneand HPVskininfections.TheSkiniveneuralnetwork'straining database(version2.0)included115,000photosin2021, withanaccuracyanalysisexceeding90%,thanksto constantalgorithmimprovements.
March, 2023 26 www.insightssuccess.com
In 2000, he commenced his career as an IT developer, and within five years, he progressed to managing a small outsourcing IT company. Following this, in 2010, his team shi ed their focus to developing their own IT projects in Healthcare. Their goal was to create a global product, and thus, Skinive was established to aid individuals in detec ng and preven ng skin diseases at an early stage.
Currently, as the CEO of Skinive, he oversees the company's general management, including its strategy, product development, and team management. Skinive is currently working on developing AI-powered apps for home use and medical professionals to monitor and evaluate skin health. More informa on about their work can be found at h ps://Skinive.com.
Aside from his professional posi on as the CEO and Founder of Skinive Hold. B.V., he also serves as the Chairman of S ch ng Skinive Founda on, a charity focused on reducing the incidence of skin diseases.
March, 2023 27 www.insightssuccess.com
Theavailabilityofamobileapplicationadaptedformedical professionalsandarangeofrecognizablepathologieshas allowedSkinivetobeintroducedintoclinicalpractice.The high-qualityfeedbackobtainedfromend-usershasbecome oneofthekeysourcesforfurtherproductimprovement. TheSkiniveneuralnetworkversion3.0,trainedin2022on over160,000images,showedasignificantincreasein sensitivityandspecificitycomparedto2021.Theerrorrate ("MissRate")decreasedfrom7.0%in2021to1.8%in 2022,confirmingareductioninmissedskinpathologies anderroneousconclusions.
AIperspectivesindermatology
Therearevastopportunitiesforsolvingdermatological problemsthroughtheuseofartificialintelligenceinthe diagnosisofskindiseases.
AccordingtotheInternationalFoundationforDermatology, threebillionpeoplelivinginruralareaslackadequate accesstodermatologicalcare.InIndia,forinstance,only onedermatologistisavailableforevery400,000 individuals,withthemajorityofthemresidinginurban
areas.Similarshortagesofdermatologistsarepresentin manyothercountries,includingthoseinEurope.Waiting timesforscheduleddermatologistconsultationscan sometimesexceedthreemonths,andastheglobal populationages,demandforaccesstodermatologistswill onlyrise.
Moreover,theincreasingincidenceofskincancer,thehigh prevalenceofcomplexinflammatoryandchronicskin diseases,andthegrowingdemandforcosmeticprocedures arealsodrivingtheneedfordermatologists.Byexpanding thecapabilitiesofprimarycarephysiciansthroughartificial intelligencealgorithms,treatmentefficacycanbeenhanced, whiledermatologists'workloadisreduced,thequeueis shortened,andthewaitingtimeforaspecialistconsultation isdecreased.
Adefinitepositiveoutcomeofcorrectearlydiagnosisby primarycarephysiciansistheaccuracyofsubsequent patientreferralstonarrow-specialtydoctors,suchas dermatologists,oncologists,allergologists,and rheumatologists.Alternatively,referralofpatientsfor furthermedicalcarecanbeexcludedifnotnecessary
TheCOVID-19pandemichasmaderemoteconsultation developmentevenmoreimportant.Dermatologysawoneof thehighestcumulativereductionsinvisits,witha22%drop frombaseline.Giventhepotentialforfuturepandemics, healthcareorganizationswillcontinuetoprioritizethe provisionofhigh-qualityremotemedicalcare.
Conclusions
Primarycarephysicianscanconfidentlyusemobilephone applicationsforscreeningskinpathologieswithouttheneed forspecializeddiagnosticdevicesorexternaloptics.This approachenablesearlydetectionofskindiseases,reduces thenumberofunnecessaryappointments,decreaseswaiting timesforspecialistconsultationsbyeliminatingunjustified visits,andensuresappropriatereferralstospecialistsin otherfields.
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Harnessing the Power of Disruptive M A R I T I M E Solutions to Transform the I N D U S T R Y
Themaritimeindustryhasalwaysbeenanimportantpart
ofglobaltrade,connectingcountriesandeconomies acrosstheworld.However,astheindustrycontinuesto facenewchallenges,itmustembraceinnovativesolutionsto remaincompetitive.Onesuchsolutionistheuseofdisruptive maritimetechnologies.Thesecutting-edgetechnologiesare transformingtheindustrybyimprovingefficiency,safety,and sustainability.Fromautonomousshipstoblockchain-basedtrade platforms,disruptivemaritimesolutionsarereshapingthe industryinprofoundways.
Havingbeenafundamentalcomponentofglobaltradeand transportationforcenturies.However,inrecentyears,therehas beenagrowingneedtoinnovateandmodernizetheindustryto meetthedemandsofourrapidlyevolvingworld.Disruptive maritimesolutionshaveemergedasapotentialgame-changer, offeringthepossibilityoftransformingtheindustryandmaking itmoreefficient,sustainable,andprofitable.
Let’s explore the power of disruptive maritime solutions and their potential to revolutionize the industry!
AutonomousShipping:Autonomousshippingisoneofthe mostexcitinganddisruptivetechnologiesinthemaritime industry.Withtheabilitytooperatewithoutacrew,autonomous shipshavethepotentialtorevolutionizetheindustrybyreducing costs,increasingefficiency,andimprovingsafety.
Industry Overview
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Oneofthecompaniesleadingthechargeinautonomous shippingisRolls-Royce.Thecompany’sautonomousships areequippedwithadvancedsensorsandcontrolsystems thatallowthemtonavigatesafelyandefficiently These shipscanberemotelymonitoredandcontrolled,which reducestheneedforacrewandincreasesproductivity
Blockchain-basedTradePlatforms:Anotherdisruptive maritimesolutionisblockchain-basedtradeplatforms.By usingblockchaintechnology,theseplatformsprovidea secureandtransparentwaytoconducttransactions,which canimproveefficiencyandreducecosts.
OnesuchplatformisTradeLens,whichwasdevelopedby IBMandMaersk.TradeLensusesblockchaintechnologyto provideasecureandtransparentwaytotrackandmanage shippingcontainers.Theplatformcanbeusedbyshippers, freightforwarders,andotherstakeholderstostreamlinethe shippingprocessandreducetheriskoffraud.
RenewableEnergySolutions:Themaritimeindustryis alsoadoptingrenewableenergysolutionstoreduceits environmentalimpact.Oneexampleistheuseofwind powertosupplementtraditionalfossilfuels.Companieslike NorsepowerandEchogenPowerSystemsaredeveloping innovativewindenergysolutionsthatcanbeinstalledon shipstoreducefuelconsumptionandemissions.
Anotherrenewableenergysolutionistheuseofhydrogen fuelcells.Thesecellsgenerateelectricitybyconverting hydrogenandoxygenintowater,whichcanpoweronboard systemsandreduceemissions.CompanieslikeHyundaiand BallardPowerSystemsaredevelopinghydrogenfuelcell technologyforuseinthemaritimeindustry.
Here’s how these solutions are transforming the industry and what you need to know about them!
ReducingCostsandImprovingEfficiency:Oneofthe mostsignificantbenefitsofdisruptivemaritimesolutionsis theirabilitytoreducecostsandimproveefficiency. Innovativetechnologieslikeautonomousvesselsand dronesarestreamliningoperationsandreducinglaborcosts. Thesetechnologiesarealsohelpingtooptimizeshipping routes,reducingfuelconsumptionandgreenhousegas emissions.
Anotherareaofinnovationisinshipdesign.Newmaterials anddesignsarebeingusedtocreatelighter,moreefficient shipsthatcancarrymorecargo.Thismeansfewershipsare
neededtotransportthesameamountofgoods,reducing costsandimprovingefficiency.
EnhancingSafetyandSustainability:Disruptive maritimesolutionsarealsoenhancingsafetyand sustainability Autonomousvesselsanddronescanbeused fordangerousordifficulttasks,reducingtheriskofinjury oraccidents.Thesetechnologiescanalsohelptomonitor andrespondtoenvironmentalrisks,suchasoilspills.
Sustainabilityisalsoakeyfocusofdisruptivemaritime solutions.Newtechnologieslikewindandsolar-powered shipsarereducingtheindustry’srelianceonfossilfuels, whileinnovationsinwastemanagementandrecyclingare reducingtheenvironmentalimpactofshipping.
ChallengesandOpportunities
Whiledisruptivemaritimesolutionsoffersignificant benefits,therearealsochallengestotheiradoption.
Oneofthebiggestchallengesisthecostofimplementing newtechnologiesandprocesses.Manycompaniesmaybe hesitanttoinvestinthesesolutions,particularlyina competitiveindustrywheremarginsaretight.
However,theopportunitiespresentedbythesesolutionsare toosignificanttoignore.Companiesthatembrace disruptivemaritimesolutionswillbeattheforefrontof innovationandwillbebetterpositionedtocompeteinthe globalmarketplace.Theywillalsobeabletomeetthe growingdemandforsustainableshippingsolutions,which isbecominganincreasinglyimportantconsiderationfor consumersandregulatorsalike.
Conclusion
Themaritimeindustryisundergoingamassive transformationdrivenbydisruptivemaritimesolutions. Thesesolutionsoffersignificantbenefits,fromreducing costsandimprovingefficiencytoenhancingsafetyand sustainability.Whiletherearechallengestotheiradoption, theopportunitiespresentedbythesesolutionsaretoo significanttoignore.Companiesthatembracedisruptive maritimesolutionswillbebetterpositionedtocompetein theglobalmarketplaceandmeetthegrowingdemandfor sustainableshippingsolutions.
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-AdibaTarade
Top Problems BigDataand Howto Solve Them with
Therearealotofsensitivedataissues,suchasthe
keybigdataproblems,thatcanbediscussed. However,itisimportanttounderstandthemeaning ofbigdata.Differentorganizationsdescribebigdatain differentways.Aspecificorganizationmaydefinebigdata inonewayatonetimeandanotherwayatadifferenttime. Whatmattersistheneedandtechnologyinuseatthe moment.
Thewaymicroenterprisesdescribebigdatacouldbe entirelydifferentfromthewaymacroenterprisesdescribe it.Basedonthesedifferences,itcannotberighttolimitbig datadescriptionintermsofgigabytes,terabytes,or petabytes.Thebetterwayistodescribeitintermsof volume,value,velocity,variety,andveracity.Bothmicro andmacroorganizationsfacevaryingbigdatachallenges. Eachproblemhasuniquesolutionstrategies.
BigDataDefined
Expertsaroundtheworlddefinebigdataindifferentways. Thecommonestdefinitionfocusesonthreemajor characteristicsthatstartwiththeletter‘V.’Anyorganization whosedatabasesmeetthesecharacteristicscanclaimto havebigdata.
● DataVariety:Varietymeansthedataisavailablein multipleformats.Someofitcanbeavailableas images,wordprocessors,videos,PowerPoint,PDF, emails,andsoon.Allthesedifferentdataformatsare storedinstructuredRelationalDatabaseManagement systems.
● DataVolume:Volumeismeasuredintermsof quantity Theamountavailablemustbebigenoughto giveanorganizationhandlingorstoragechallenges. Duetotechnologicalgrowth,organizationsgenerate datafrommultipleonlinesourcesthroughmultiple devices.
● DataVelocity:Velocitymeansthespeedatwhichdata isgeneratedinanorganization.Thisdataneedstobe respondedtoinrealtime.Organizationsinthe categoriesofsocialmedia,e-commerce,andIoToften generatedataathighspeeds.
Therearemanyothervaryingdefinitionsgivenbydifferent experts.OurfocuscurrentlyshallbeonthesethreeVs. Nobodycandenytheroleplayedbybigdatain transformingbusinessgrowth.Itmakestheexperience betterbecausetheinfluencetoucheseverybusinesssector worldwide.Organizationscangeneratebigvolumesofdata todayandextractbigpotentialfromit.
Theycanuseittopredictchangesinthemarketand enhancesecurity.Itcanbeusedtotargetnewmarket segmentsandachieveotherunimaginablebreakthroughs. Regardlessofthesebenefits,organizationsadmitthatbig datapresentsitsshareofproblemstoo.
Computerscienceexpertsareworkingroundtheclockto createsolutionsforeachchallenge.Theystudyavarietyof challengesandwritereportsoftheirfindingsand recommendations.Duetothechallengesofwritingorlack ofenoughtime,manyoftheseexpertsgetwritinghelpfrom thebestessayreviewprofessionals.
Whenseekingorimplementingsolutions,thereareother keychallengesexpertsmustpayattentionto.Theymust havesolutionsfordatasecurity,ethicalissues,privacy,and complianceissues.Oversightisrequired,too,butmore often,thechallengesposedbybigdataoftenovershadow theseotherchallenges.Thisisbecausedataalwaysexistsin anunstructuredformandishighlyunpredictable.Hereare thetop9bigdatachallengesfacedbyorganizationsand theirsolutions.
1. HandlingHigh-VolumeData
Anorganizationreachesapointwheretheamountofdata generatedishigherthanthestoragecapacity Areportby
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InternationalDataCorporationrevealsthatdatagenerated bythecloseof2020willbehuge.Itisstoredintablets,and thequantityrequiredwillbeenoughtobestackedfromthe earthtothemoon6.6times.Thechallengestomanaging unstructureddatain2015were31%.Itincreasedto45%in 2016andshotto90%in2019.Dataanalystsargue organizationsgenerateunstructureddataattherateof55%65%annually.
So,whatisunstructureddata?Anydatathatcannotbe storedinconventionaldatabasesorspreadsheetsinitsraw formisconsideredunstructured.Suchdataishardto analyzeorsearchfor.Duetothis,alotoforganizations disregardedunstructureddatatermingitvaluelessuntil recently Themainchallengewithunstructureddataisits existenceinavarietyofformats.Someofitisstoredas audio,documents,video,smartdeviceformats,andsocial media.
E-commercetransactionsaregrowingatanunprecedented rate.IDCpredictsthisgrowthwillreach450billion transactionsdaily Thetotalnumberofconnecteddevices, accordingtoCiscoResearch,willreach50billioninthe nextfiveyears.Thissendsawarningtoorganizationsthat theamountofgenerateddatawillmassivelygrowatthe samerate.Theyhavetogetreadytoworkoneffective solutions.
Remedy:UseUnstructuredDataAnalyticsTools
UnstructureddataanalyticstoolsuseAItechnologyto generateinsights.Thesetoolsanalyzebigdatadailyand providekeyinformationtoorganizations.Thetoolsare usedtoperformdifferenttasksasfollows:
● Generatingreports
● Datamining
● Integration
● Processing
● Storage
● Indexing
● Tracking
Itisalmostimpossibletomanageunstructureddatawithout thesetools.Theyhelporganizationsscanthrough voluminousdataatsuperspeedsandinrealtime.Thishelps organizationscapturecustomerbehaviorinreal-timeand decideonthebestproductstosuggesttothem.Thetools testregulatoryneedstoensuretheorganizationmeetsthem. Togetoptimizedbenefits,organizationsshouldmoveaway fromdatasilostoamorescalabledatahub.
2. LackofDataScienceExperts
Thethoughtsandimaginationsofmanagersoftendiffer fromthatofdatascientists.Inexperiencedanalystsoften
strayfromtheactualdatavalue.Dueto this,theygivebusinessinsightsthat cannoteffectivelysolvethecurrentissues. Gettingexperienceddatascientistswhocan delivervalueisabigchallengeto organizations.Themainskillsofan experienceddatascientistareasfollows:
● Statisticsskills
● Communicationskills
● Softwareengineeringskills
● Modelingskills
● Domainexpertise
● Datamungingexpertise
Differentstudiesshowcomputerscienceexperts arehighlycompensated.Despitethis,retaining themisabiggerchallenge.Organizationscanhire inexperiencedexpertsbuttrainingthemisquite costly.
Remedy:LeverageAI-BasedMachinesWhere HumanTalentIsLacking
Alotoforganizationsareconsideringtheuseofautomated AI-basedsolutions.Theyleveragedeeplearning,machine learning,andnaturallanguageprocessingtoextractdata andgenerateideas.Theautomatedprocessdoesnotrequire manualcodingtoexecute.Someorganizationsoptnotto usemachinesbutinsteadoutsourcetalents.
Managersshouldbecarefulandavoidusingpoorlyskilled experts.Itwouldbemuchbettertodoheadhuntingoftalent
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fromreputablefirms.Ifthisapproachfailstowork,theuse ofautomationandAIremainsthebestoption.Itisacostfriendlyandeffectivesolutiontotheproblemofthelackof experienceddatascientists.
3. DealingWithDataSafetyandGovernance
Bigdataisgeneratedfrommultiplesources,whichoften usedistinctivedatagenerationtechniquesandunique formats.Duetothis,organizationsrecordvariousdata inconsistenciessuchassamevaluevariables.Thismakes adjustingthemabigchallenge.
Asingleorganizationcangenerateinformationforone transactionacrossmultipledepartments.Itcanbegenerated fromthelocalpointofsale,accountsdepartment,e-sales tracker,andtheorganization’sERP.Itrequireseffective datagovernancestrategiestodealwithsuchascenario.One realityorganizationsmustacknowledgeisthatbigdata doesn’tlackgaps.
Itcanneverhita100%accuracymark.Nevertheless,this cannotbeareasonfororganizationsnottoheedkeeping controlstoenhancedatareliability.Itispossibletofind wronginformationinbigdata.Itmayalsocontain duplicatesandcontradictions.Sometimesitsqualitycanbe inferior,makingitredundantandunabletoofferinsights intoopportunities.Organizationshavenooptionbutto increasedataqualityinallaspects.
Remedy:UseDifferentDataCleansingMethods
Anorganizationcannoteffectivelyusedataunlessit convertsitintoapropermodel.Afterthis,theorganization canachieveothergoalsasfollows:
Ÿ Comparingdifferentsetsofdatabasedontheirpoint oftruth,likecontactvariantsandspellings.
Ÿ Creatingrecordmergersandmatchingdatawith similarentities
Thefivemaindatacharacteristicsare:
● Consistency
● Accuracy
● Completeness
● Auditability
● Orderliness
Theorganizationmustalsodefineitsguidesforpreparing andcleaningdata.Theseprocessescanbemadeeasierby theuseofautomationtools.Anotherkeythingistodecide whichdataisnotnecessaryatthemoment.Thishelpsthe organizationtoautomatedatapurgingtoremoveunwanted databeforethecollectionprocessbegins.Thesestepsare
important,butthepersonnelshouldbearinmindthatitis impossibletoachieve100%bigdataaccuracy Thisisafact theorganizationcannotignore,anditmustlearnthebest waytodealwithit.
4. ManagingDataIntegrityandSafety
Datasafetyandintegrityaremajorchallengesinbigdata environments.Thechallengeismadeworsebythepresence ofmultiplechannelsandinterconnectingnodesfromwhich dataflows.Itincreasesthesystemvulnerabilityloopholes andthechancesofhackersattacking.
Hugedataisverycritical,andasmallerrorcanleadto devastatinglosses.Organizationsneedtoadopthigh-level datasecuritypracticeswithintheirdatacontrolsystems.
TheRemedy:PrioritizeDataSecurityaboveEverything Else
Organizationscannotaffordtocompromisedatasecurity overotherprocesses.Duringthedatastructuredesign phase,organizationsshouldpayclosefocustodatasafety andintegrity TheITteamshouldnotdelayuntilthe advancedphasesofstructuredevelopmenttoconsider onlinesecuritydetails.Iftheteamoverlooksthis importancefromthestart,itmightbeovercomebydata securityissueswhenleastexpected.
Newbigdatatechnologiesareevolvingallthetime,andan organizationshouldnotignoreitssecurityaspects.The organizationshouldupdateitssecuritysystemswitheach newtechnology.Lackofactioncanputtheorganizationin aseriousdatabreachchallengethatcompromisesits integrityandreputation.
Alotoforganizationsareadoptingadvancedsecurity solutionsthatcanleveragemachinelearningtechnologyto mitigatecybercrimes.Demandforbigdatasecurity solutionsisontherise,andinnovatorsareworkingdayand nighttooffersolutions.Itisexpectedthattherewillbe moresolutionoptionsavailablesooner
5. DealingWithaWideRangeofOptions
Technologyandinnovationaregrowingdailyas professionalsseekbetterbig-datasolutions.Duetothis, customersinthebigdataanalyticsfieldhavetoomany options.Itmakesithardertochoosethebestoption,and usersoftenfeelconfused.Themainproblemisidentifyinga solutionthatwillmeetthebusinessgoalseffectively
Thischallengeisaffectingevenorganizationsthatarewell knowledgeableonbigdataissues.Havingtoomanyoptions surpassesthechallengeofchoosingtherightapplicationsto
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use.Dataspecialistsuseseveralapproachesandtechniques fordatacollection,analysis,andsafeguarding.Therecan neverbeasingleapproachthatsolveseverything.
TheRemedy:BeCautiousWhenChoosingtheBest Strategy
Whatisrequiredbyorganizationsisgreatcautionwhen choosingthebestbigdatasolutionstrategies.Duringa search,manyprogramswillpopup,buttheorganization shouldnotrushtochooseone.Sometimesdataexpertsin thecompanymightadvisehiringdataconsultantsasthe bestoption.Thecompanyshouldeffectivelypinpointthe bestappropriateapproachforitsspecificobjectives.
6.
DealingwithOrganizationalResistance
Companiesaroundtheworldhaveexperienced organizationalresistanceforhundredsofyears.Itisa commonproblemthateveryorganizationexpectsatone timeoranother.Howthecompanyhandlestheproblem determineshowwellitovercomesit.Itdetermineswhether theorganizationwillrecordbigdatasuccessornot.
TheRemedy:BuildaStrongCompanyStructureand Culture
Creatingastrongdatabasearchitecturesupersedes involvingateamofdatascientistsintheprocess.Thisisnot adifficultpartbecauseanorganizationmayoptfor outsourcingforanalysis.Themainproblemrevolves aroundbuildingastructure,architecture,andculturethat promotesdata-baseddecision-makingprocesses.Many organizationstodayarefacedwiththreemainchallenges whenhandlingorganizationalresistanceissues.
● Inadequateorganizationaladjustments
● Neglectingadaptationandappreciatingthe importanceofmiddlemanagement
● Dealingwithresistancewithinthebusiness
Organizationsundergodiversechallengeswhentheyneed tomakeseriousadjustments.Thisproblemisbiggerin largercompaniesthathavedeep-rootedandwell-scaled functionsbuiltonconventionalmechanisms.Data professionalsadvisecompaniestoconsiderhiringpeople withstrongleadershipskills.Theyshouldbe knowledgeableondatamanagementissuesandbeproactive inchallengingtheexistingstatusquo.Theyneedtosuggest bettersolutions.Anorganizationwillachievethisgoalfast bynominatinganoveralldataofficer
NewVantagePartnersreleasedasurveyrecentlyand reportedthat55.9%ofFortune100organizationshireda chiefdataofficertomeetthisneed.Thisissomethingthat
canbereplicatedbyothercompanies,butitisyettobe prioritized.Ifanorganizationlacksachiefdataofficer,it mightrequireagreatercommitmentfromitstopleadership tosolveitsbigdataproblems.
7. TheCostofHandlingBigData
Handlingbigdatafromtheinceptionphaseupwardsisa cost-intensiveundertaking.Anorganizationmayoptforan on-premisessolution.Thisapproachmightrequirethe organizationtospendontherecruitmentofexperts, purchaseofnewhardware,softwareupgrading,and electricity Therewillbeadditionalcostsforstructure development,setup,configuration,andsoftware maintenance.Thebigdataframeworkrequiredshouldbe opensource.
Anotherorganizationmayoptforcloud-basedbigdata solutions.Theymustspendmoneyonhiringdevelopersand administrators.Therehastobeabudgetforcloudservices, applicationdevelopment,andotherrelatedservices.Both on-premisesandcloud-basedstrategiesrequireroomfor futureexpansions.Thiswilleliminatethechallengeof havingtoomuchdatathathasnowheretostore.Itwouldbe moreexpensiveiftheorganizationoptstostartfromscratch again.
TheRemedy:AdoptSolutionsThatMeetthe Organization’sNeeds
Thegoalsofoneorganizationaredifferentfromthoseof another.Eachcompanyshouldspendmoneyonsolutions thatmeetitsgoalsanduniquetechnologicalneeds. Whateversolutionitadopts,theorganizationshouldbeable tosaveaconsiderableamountofmoney Acertaincompany maydesiretoachieveahighlyflexiblesolution,anda cloud-basedbigdataapproachcanbethebest.
Anothercompanymighthavecomplexsecurity requirementsandopttoadoptanon-premisessolution. Anotherorganizationmaychoosetoadoptbothandusea hybridapproach.Suchanorganizationstoresandprocesses partofitsdatainthecloudandotherson-premises.Aslong asitiscost-effectiveandmeetsthecompany’sgoals,itisa viableoption.
Anotherapproachorganizationsmayconsidertheuseof datalakesandAIalgorithmoptimization,whichcan effectivelysavecosts.However,organizationsshouldopt fordatalakesonlyfordatathatdoesn’trequireimmediate processingandanalysis.Forcompaniesseekingmaximized computingpowerthatexceeds100x,thebestoption,inthis case,wouldbealgorithmoptimization.Toensurethemost minimaldatamanagementcost,thebestapproachisto conductacompanyneedsanalysisandchoosethebest courseofaction.
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8. HandlingDataIntegrationChallenges
Dataintegrationfollowsasix-stepeffectivecycle:
● Thecompanyexpertsdiscoverdatafirst
● Theyprogresstothedatapreparationphase
● Theymoveontomodelplanning
● Modelbuilding
● Resultscommunication
● Operationalization
Thedataisbroughtfromseveralcompanydepartmentsinto acentralrepositorythateveryauthorizedusercanaccess.It isnecessarytonotethatthisdatacomesfrommultiple sourcesandinavarietyofformats.Thisisalreadyabigger challengetotheITdepartmentwhenbringingallthedata intooneplace.TheneedtomaketheITarchitecturesimple triggerstheneedtomakebigdataflowandmanagement easy.Consideringitiscomingfromavarietyofdata processingplatforms,thiscreatesadilemmafortheIT team.
TheRemedy:AvoidAdoptingManualProcesses
Manualprocessesmightseemcheaper,butiteventually escalatesthecost.Itischeapertogotheautomationwayby choosingatopsoftwaresolution.Someautomation applicationsareloadedwithhundredsoffeaturesandAPIs. Theycanbeappliedtoawiderangeofdatabasesandfile formats.TheITteammightberequiredtodevelopsomeof theAPIs.Regardless,thesearereliabletoolsthatcan effectivelyhandleabigchunkofthework.
9. HandlingUpscalingChallenges
Oneofthemainadvantagesofbigdataisitssuper-fast growth.Anorganizationcangeneratethousandsof gigabytesofdatadaily Thisvolumecandevelopinto severalterabyteswithinashorttime.Thisisanadvantage tothecompanybutalsooneofthegreatestchallenges.An organizationmighthaveawellthoughtandflexiblesolution thatmakesupscalingeasy
Thissolutionmayworkwellbutposeschallengeswhen launchingfreshdatastorageandprocessingabilities.The upscalingmustbedoneinawaythatensuresthesystem performanceisnotaffected.Ifitisaffected,the organizationmayhavetoaddanotherbigbudgettosolve thechallenge.
TheRemedy:DevelopaStrongDataSolution InfrastructurewithFutureUpscalingInMind
Thesestepsarecrucialwhendevelopingastrongdata solutioninfrastructurewithfutureupscalinginmind.
● Thebestplacetostartisinthearchitecture developmentphase.Makesuretheinfrastructureis strongtoeliminatefuturechallenges.
● Theorganization’sbigdataalgorithmsshouldbe designedinawaythatallowsupscalingiftheneed arisesinthefuture.
● Createmaintenanceplansandsystemsupport infrastructurethatcanaddressdatagrowthevolution effectively
● Performsystemfunctionalityauditstopinpointany possibleweaknessesandcreatesolutionsforthem.
Makingacompany’sdatainfrastructureflexiblehelpsit supportbothcurrentandfutureprocessingandanalytics needs.Duetothechallengesthatmayarise,workon priorityprojectsfirst.Itcanbemorechallengingtohandle allbigdatasolutionprojectsatthesametime.Builda structurethatshowsdatamovementfromthesourcetoits destination.Thisisoneofthewaystomaintaingood qualityandavailabledata.
Conclusion
Organizationsfacediversechallengesintheireffortsto managebigdataproblems.Regardless,eachchallengehas aneffectivesolutionthatorganizationscanadopt.Itis necessarytoappreciatethateachofthesechallenges evolveswithtime.Thesecrettotheirsolutionistoadopt effectivetechniqueswhilekeepinginmindtheobjectives andtechnologicalneedsoftheorganization.Bigdataisnot goingawayanytime,andorganizationsshouldhastento findsolutionsforeverydatachallengeitisfacing.
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