Big Data’s Influence on the Shipping Industry

Big data is the term used to refer to the vast amount of information that is stored across the world in various forms. The quantity of this information is so vast – and continues to expand at breathtaking speed – that it is almost impossible to process without the use of dedicated analytical tools. As we at NHFS well know, each and every company, industry and state generates virtually innumerable amounts of big data on a daily basis. This data can help all entities to run themselves better, provided it is handled properly.

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How Big Data is Evolving the Logistics Industry

The shipping industry has its own big data, which is changing the way the sector operates across the world. Keep reading the blog, as we reveal some of the ways the shipping industry is changing as a result of big data.

1. Predictive Analytics

All forms of transport, whether planes, trucks or ships, incur a considerable amount of wear and tear, meaning that they need to be maintained on a regular basis. However, as they are almost always in use, it is difficult to detect and predict faults and damage, and repair is thus usually reactive. New sensors now installed on most ships, planes and increasingly in road freight as well, predict upcoming failures and maintenance requirements, making repairs more predictable, more convenient and easier to conduct without costly down-time.

2. Cargo Tracking

This is a major requirement both forconsigners and consignees of shipments. Large data makes it possible to keep a close eye on cargo throughout its journey. This way, you not only know exactly where it is, but you can also get an idea of how it is being stored and how this affects its integrity and safety.

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NHFS is on the Cutting-Edge of Logistics Technology

Other vital factors that are being affected or introduced by big data are centralised navigation guides, self-piloting technology and the processing of facts and figures to improve the design and building of future ships. Contact us for everything you need to know about the logistics industries.