Technology Area : Others
Set up in 2016, AIDA Technologies developed advanced machine learning solutions to increase revenue, improve operational efficiencies and manage risk and compliance for the banking, insurance and transportation sectors. Using its expertise in machine learning, AIDA has developed a prototype AIDA Vessel Arrival Prediction Engine for a local shipping company. Accurate Vessel Arrival predictions ensures that resources such as vessel parking slots, cranes, prime movers, bunker supply ships and necessary manpower are available when they are needed, while simultaneously preventing costly and disruptive delays. The AIDA Vessel Arrival Prediction Engine can be further improved when supplemented with weather, oceanic current, port congestion and AIS/GPS data.