Data analytics (DA) is the process of using data in order to derive valuable insight. Advances in data processing and visualisation technology and techniques have bridged the gap between large, complex data sets and key business decision makers, providing immeasurable value across various industries.
Data analytics has created significant value for ship owners and charterers by optimising various business functions of the marine business, including voyage management, vessel operations, manning, chartering and third-party risk assessment. As we advance further in data analytics technology, shipping companies across the globe are reaping the benefits of data-driven decisions, from operations to business strategy. EpiCentre brings together the latest features of data analytics into the application.