Maritime Data Product Newsletter - Issue 5 - AIS Evaluation


At Maritime Data, we exist to make buying data easier.

The Maritime Data Product Newsletter brings together a selection of all of the new products and services from the 50+ partners within our network.

This will include:

  • The Challenge
  • The Solution
  • Use Cases

You have the option to connect directly with the supplier, or with us to discuss further.


AIS Evaluation- Maritime Data

The Challenge

We break buying data down into 3 steps:

  • Sourcing – What are the available options?
  • Evaluation – How do those options compare?
  • Purchasing - Can parties agree financial and contractual terms?

The main challenge in evaluating maritime data is resource and opportunity cost.

Development resource is both scarce and expensive. The more time spent on laborious data evaluation, the less time spent on business critical projects.

In the context of AIS the bulk of the effort is spent processing huge sample datasets and writing code to accurately determine coverage, frequency, and accuracy.

The Solution

Working with the leading proprietors of AIS Data, Maritime Data has developed a robust set of tools to help our customers quickly and accurately evaluate all available options.

In practice this is split into stages:

Stage 1: High Level of coverage, accuracy and frequency

Key metrics include:

  • Count of records from supplier’s feeds
  • Breakdown of vessel types
  • Observations per hour
  • Count of Unique vessels
  • Count of Unique positions (processed positions to remove duplicates)
  • Rejected positions – Duplicate positions or incomplete data
  • Price per Unique Position

Stage 2: Analysis by Vessel Types and Zones

  • Count of vessel positions broken down into macro-zones globally
  • Analysis of implausible speeds
  • Observations per hour, broken down by vessel type

Use Cases

We built this for two main use cases:

New buyers - seeking to purchase AIS as a service for the first time, to identify which supplier best suits their needs.

Current Buyers – looking to compare their current service with the options available in the market, both to identify areas of improvement, or to confirm that the solution they currently have is the most relevant for them.

Don’t just take our word for it…

We are continuously striving to optimize data inputs for users of our newly upgraded Orbit vessel performance platform to improve business decision-making. With this goal in mind, we engaged Maritime Data as a trustworthy partner to contribute its specialist expertise in data procurement for the industryDavid Levy, OrbitMI

OrbitMI ensures AIS data quality in supplier evaluation project with Maritime Data for new Orbit platform

Working with Maritime Data helped me get an overview of AIS data vendors which combined with a quantitative quality analysis of the data offerings helped me to ensure the right quality. I was able to find an option which fit both our technical requirements and was suitable for our budget compared with my previous options. Maritime Data also saved me time, as otherwise I would have had to deploy my IT department for the analysis which would have delayed the process unnecessarily – Mads Frank Markussen, Navi Merchants


We're taking on 5 new AIS Evaluation projects in Q3. If you'd like to speak with us regarding your AIS requirements, please use the link below to schedule a date & time to speak.


We appreciate that many of you are continued readers of our newsletter for the curated insights, and that’s the full extent of what you want from us, so if you’re not interested receiving updates on new products and services please feel free to opt out here:

Regards,

Rory Proud

Co-Founder

Maritime Data Ltd

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Maritime Data Newsletter

A dedicated source of market insights and product developments from the largest network of specialised providers of maritime data and analytics.

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