These days, attracting talented AI experts to your company is hard. Total global demand is measured in millions while total available talent is an order… Read More »Need to attract AI talent? Improve your company’s work environment
I’ve spoken with many leaders of maritime companies that are aware of their urgent need to move forward with AI. A recurring challenge at the… Read More »How to use frustration to pick AI use cases
The first thought that crosses many people’s mind when they hear “AI” is automation. The next thought is: AI automation makes processes cheaper and faster. … Read More »How AI can free you from choosing between quality and cost
Every maritime equipment supplier needs an AI strategy.
To sell one additional piece of physical equipment incurs a marginal cost that is typically substantial, relative to the selling price. This is obvious given… Read More »The price of zero marginal cost
“Servitization” describes a transformation whereby manufacturers increasingly offer services integrated with their products. In this short article, I will consider one fundamental reason why maritime… Read More »Why maritime equipment manufacturers should consider servitization
“OK, the AI says our sales next month will be $252 million. How confident is it about that? 50%? 70%? 90%” Here we have a… Read More »What every CEO must understand about probability
In step 3 of this series, we designed a simple model and algorithm on which to build a simulator to better manage our wind turbine… Read More »The AI value catalyst step 4: Observing
In step 2, we designed the simulator which will enable us to improve decision making on predictive maintenance for our wind turbine drivetrains. We decided… Read More »The AI value catalyst step 3: Understanding
This is the 3rd post in the AI Value Catalyst series. The previous post can be found here. In step 1, we identified the most… Read More »The AI value catalyst step 2: Building the right simulator