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The Voyage to Transparency with Big Data

Posted by Nicole Schill on Nov 29, 2016 1:04:58 PM

Big data is a big deal for the maritime shipping industry. Until very recently, maritime insights and analytics had to be gathered in bits and pieces, and that data at best was in bits and pieces. Satellite technology has made a huge splash in the way we collect and analyze data in every industry. The key to understanding the importance of big data has to do with analytics. Big data is normal, everyday data collected in vast quantities and analyzed in ways that previously would have taken more resources than it was worth. Technology has managed to compress data and expand storage capabilities to allow for big data analysis to be realized in minutes instead of hours, days, months, or years.

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Topics: shipping data, vessel data, big data, maritime intelligence

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