Windward launches AI-powered ocean freight visibility solution that leverages data-driven insights and over a decade of maritime expertise to solve supply chain visibility challenges

LONDON, February 22, 2022 /PRNewswire/ — windward (LSE: WNWD), the predictive intelligence company using AI to transform global maritime trade, today announced its Sea Freight Visibility Solution. The new solution enables shippers to improve efficiency and scalability through automated data collection and analysis that provides real-time accurate ETA predictions, disruption risk predictions, delay reasons and location-based insights for containerized cargo. Windward’s Ocean Freight Visibility solution is currently used by global freight forwarding companies including DSV, Subway Shippingand Freight Amerford.

The supply chain has been severely disrupted by ocean freight during the global pandemic Prices increased by 1500% in the last two years. The maritime shipping industry transports around 90% of world trade, but also the reliability of ocean liners has never been lower – with only 30% – 40% rating the punctual arrival. Enhanced supply chain visibility, powered by big datasets and predictive insights, will arm shippers with the information they need to respond effectively to ever-changing conditions, whether it’s weather changes, labor shortages or port backlogs.

“Today’s supply chain faces a combination of factors that have long been evolving: rising consumer demand, declining infrastructure, labor shortages and a constant eruption of local disruptions. When you put these together, you have a butterfly effect.” Amy Daniel, co-founder and CEO of Windward. “We don’t know when the supply chain crisis will end, but developing solutions to manage supply chain risk is critical.”

Windward’s Ocean Freight Visibility solution allows users to enter their containers and proactively mitigate risk by monitoring critical transportation disruptions that impact container ETAs. The system provides real-time alerts of developing delays, allowing them to take action together with their customers. The solution includes daily email alerts and insights and is available via API integration with existing transportation management systems or a web application.

Ocean Freight Visibility leverages Windward’s 11 years of maritime expertise, military intelligence and maritime AI to provide the most accurate ETA updates and forecasts. The solution uses billions of data points and data sets from various sources, including carrier data, weather data, location and AIS data, as well as ship, port and terminal data, to generate insights and forecasts for carriers and provide much-needed visibility down the supply chain.

“Carriers are key to making the supply chain more efficient, but without the right tools, they’re constantly reacting to evolving situations rather than taking protective and proactive steps,” Daniel said. “Windward is proud to bring our years of expertise in deep learning, maritime AI and big data to give shippers real-time visibility and actionable insights into their shipments, helping them manage ocean freight in real-time.”

About Windward

windward (LSE:WNWD), a public company on the London Stock Exchange, is the leading predictive intelligence company, fusing AI and big data to digitize the global maritime industry and enable companies to achieve business and operational readiness. Windward’s AI-powered solution enables stakeholders such as banks, commodity traders, insurers, and major energy and shipping companies to make real-time, predictive, intelligence-based decisions and provides a 360° view of the maritime ecosystem and its broader safety implications , protection, finance and economy. For more information visit: https://windward.ai/.

Windward media contact

Sarah Castle
headline media
[email protected]
+1 914 506 5105

SOURCE Windward

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