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Guided Data-Driven Safety at Sea

Sector: Warehouse • Location: Iceland

Source: EU Funding & Tenders Portal

Project
Ended

Wave slamming impacts in high-speed boats has been recognized as a serious problem in maritime industry producing serious injuries and fatigue to operators and crew, and also mechanical and structural damages in vessels and on-board equipment. Some solutions exist in the market, such as shock absorbing seats, that mitigate the impact to some extent. However, they do not reduce the number of wave s

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The project “Guided Data-Driven Safety at Sea” is an infrastructure initiative in the Warehouse sector, located in Iceland. Taiyo aggregates data on it from EU Funding & Tenders Portal.

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Description

Description

Wave slamming impacts in high-speed boats has been recognized as a serious problem in maritime industry producing serious injuries and fatigue to operators and crew, and also mechanical and structural damages in vessels and on-board equipment. Some solutions exist in the market, such as shock absorbing seats, that mitigate the impact to some extent. However, they do not reduce the number of wave slamming accidents, as 96% of times its main cause is human errors. With 13 years of combined experience in the maritime industry we have developed Safewave, a software-based solution that provides operators real-time information and predictions of potential hazards ahead. Our device uses current and historical information of acceleration forces experienced from mechanical impacts, together with current and past sea-states and weather, engine and navigation data and analyse this information make intelligent data-driven predictions. Safewave does not mitigate the impact, but prevent it. Safewave has been conceived to be used on high-speed craft, with a vast potential user base of 18 million recreational vessels in Europe and the US alone. We have already been approached by several entities from universities, to insurance companies to maritime recue and guard association and bodies. After successfully testing our prototype in the sea, next steps to finalize Safewave development are: I) gather data and user feedback through zero-series testing for input and development of analytical and artificial intelligence functionality II) build a supply chain that fits our scalability potential and III) establish agreements with channel companies to distribute our solution through their clients facilitating our international commercialization. Safewave commercialization is anticipated to generate profits of €3.6 million by 2022, from sales in Iceland, Nordic countries, UK and USA.

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