The Lloyd’s List Podcast: Why data is an opportunity, not a cost

Joining Lloyd’s List Editor Richard Meade this week in the hot seat is Inmarsat Maritime president, Ronald Spithout. ….. The shipping industry is experiencing a period of accelerated digital change For those at the vanguard of this brave new digital world these changes have the potential to add value and enhance efficiency across an increasingly integrated global supply chain. And yet most of the innovation we have seen over the past five years is about optimising current business models, rather than disrupting the status quo with new ones. That’s now changing and nowhere has that inflection point been more visible than in the satellite communications sector where the shift from simply selling data and communication access, to finding new efficiencies and potentially new business models is very much the order of the day. For this week’s podcast we visited the London HQ of Sat Comms giant Inmarsat and spoke to their maritime president, Ronald Spithout about the pace of change in digitalisation and why the conversations he is having with his clients has now fundamentally changed.