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Trends From Posidonia

Trend Monitor

Regarding investment, today technology is in a different paradigm. The old model involved an initial sizeable expense, together with a small licence fee thus presenting the corporate with only a modest cost for many years of use. This made it hard for the supplier to maintain quality, given difficulties surrounding maintenance of the software, as well as end-of-life security issues. The new model is to invest in a relationship with a supplier once the vendor has seen value. This represents a BIG CHANGE.

Trend learned at seminar “Eating the Elephant – Digital Transformation in Maritime” sponsored by ADMIRALTY(UK Hydrographic Office) at Posidonia Shipping Week, Atenes (Greece).

With Richard Buckley (Ninety Percent of Everything (90POE)), Bill Dobie (SEDNA), Barry Authers (Veracity by DNV), Karan Bhawsinka (DTN) and Nikos Stefanis (Kongsberg Digital) as speakers.

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