EBDG, ioCurrents to partner on data-driven innovation

(SEATTLE) — Elliott Bay Design Group (EBDG) has signed a memorandum of understanding with ioCurrents (IOC), a data analytics company specializing in maritime fleet optimization. The agreement will allow the companies to explore new ideas for collecting and evaluating operating and performance data to reduce vessel cost and emissions, with other potential benefits to the maritime industry.

As part of this process, the alliance will host an ongoing series of strategic planning sessions with a broad range of vessel owners and operators. The goal of these sessions is to unlock the potential of data-driven machine learning to benefit the maritime industry.

“Our partnership with ioCurrents represents a strategic alignment of expertise and resources to pioneer new frontiers in data-driven design,” said Mike Complita, director of strategic expansion at EBDG. “Together, we aim to revolutionize how vessel operating data is harnessed and utilized to optimize fleet performance and drive business success. We are excited to see where this new journey together will lead our teams and our industry.”

IOC’s team of data scientists provide a deep understanding of maritime operations and a mission to develop a platform powered by AI machine learning. Their flagship solution, MarineInsight, leverages hardware installed aboard vessels to provide real-time, actionable data to shoreside teams, allowing for proactive decision-making, enhancing operational efficiency and minimizing downtime.

“We are thrilled to join forces with EBDG, a renowned leader in naval architecture and marine engineering,” said Will Roberts, CEO at ioCurrents. “This partnership marks a significant step forward in our mission to empower maritime industry stakeholders with advanced data analytics capabilities. By combining EBDG’s expertise in vessel design and construction with IOC’s data-driven insights, we are poised to unlock new levels of performance and sustainability across the maritime ecosystem.”

The collaboration between EBDG and ioCurrents developed through their involvement with Washington Maritime Blue, an internationally recognized innovation hub dedicated to furthering the Blue Economy. By facilitating collaboration across the maritime industry, the promise for exponential growth has never been more apparent. This growing alliance of innovators is dedicated to promoting a sustainable future.

– Elliott Bay Design Group

 

By Professional Mariner Staff