September 5, 2018 – Inmarsat unveils Fleet Data, a new Internet of Things (IoT) service, which will enable ship owners and managers to access and analyse real-time onboard data more efficiently, and as a result will help accelerate the adoption of IoT across the maritime industry. Developed in partnership with Danelec Marine, Fleet Data will record data from the onboard Voyage Data Recorder (VDR), and other vessel sensors, pre-process that data, and upload it to a central (cloud-based) database equipped with a dashboard and Application Process Interface (API). This will allow ship owners and managers to quickly and easily identify equipment issues and failures and seamlessly link 3rd party applications to monitor vessel performance and fuel efficiency. Latest research published by Inmarsat on digital transformation in shipping* indicates that, on average, ship operators and managers plan to spend $2.5 million on IoT-based solutions within three years and expect, on average, to achieve IoT-driven cost savings of 14% over the next five years. The research also strongly suggests that a greater maritime appetite for IoT-based solutions would emerge if more data could be delivered and analysed in real-time.