90% of global trade is handled by the shipping industry.
Big data is a massive amount of data that is typically stored in a cloud-based infrastructure.
Managing large amounts of data is a more complex process than handling smaller amounts of data.
Aside from weather forecasting, analysts can use big data to recommend the optimal cargo load per ship.
Big data can be used by data analysts to improve cargo tracking methods.
Big data can assist ships in avoiding hazardous weather conditions.
With the use of big data, vessel re-routing becomes possible as well. Big data can assist in determining and synchronising vessel arrivals in each port.
Big data can also help with ship design. The data can be used to pinpoint weak points in each vessel.