SPSCT18 Expert Profile: NxtPort
NxtPort is a pioneering venture that aims to improve supply chain transparency through greater collaboration in the shipping industry.
It does this by unlocking the potential of data sharing through its innovative Data Utility Platform, which allows faster, more cost-effective, as well as more efficient transfers of data between different players.
NxtPort aims to lead the maritime industry in idea creation, with the goal of engaging as many players as possible to collaborate.
To do this, it provides solutions to facilitate the re-use of data in the supply chain. For example, when a ship arrives at port, the ship’s agent provides data to the port of destination. The data doesn’t only concern the ship itself, but also the goods it is transporting, such as the sender and receiver.
Because the data is transferred via electronic messages, it is possible to capture it and make it available at another point down the supply chain.
NxtPort provides a service that ensures the data is shared in an efficient way for all parties.
It divides its collaboration process into three areas:
- Co-Envisions – This involves people from different professional backgrounds coming together to discuss common challenges and possible solutions. This is a crucial first phase and the results are evaluated by NxtPort to make sure the envisioned solutions continue on to the next phase
- Co-Builds – Once market solutions are clearly defined, they are transformed from ideas to working solutions using a Proof-of-Concept (PoC). The parties involved will then build a PoC in a pre-defined timespan.
- Co-Markets – Once the PoC is ready, the solution can go into production phase. The parties will create a product that has commercial and operational potential. The focus from then will be on defining exactly how the product is going to be positioned in the market.
Read more about the opportunites offered by collaboration and the challenges the maritime industry still has to overcome with a Port Technology technical paper
Such is the importance of data sharing for the maritime industry, the second session of SPSCT18’s second day – ‘Evolving Business Models: Transformation Solutions’ – moderated by Mikael Lind, Senior Strategic Research Advisor, RISE Viktoria - will be fascinating.
NxtPort will be represented by Hans Verbeeck, Chief Technology Officer, NxtPort. He will give a presentation on the effectiveness of implementing total bespoke business models, as well as technology implementation.
Following his presentation, he will then sit down with other top industry executives to discuss business innovation and transformation.
These will include Erwin Vestraelen, Chief Digital Innovation Officer, Port of Antwerp; Dr Francisco de los Santos, Chief Information and Innovation Officer, Algeciras Port Authority; Nadia Hewett, Lead of Blockchain and Distributed Ledger Technology, World Economic Forum; Kris Kosmala, Vice President Asia Pacific, Quintig.
Be sure not to miss the October 2-3 Smart Ports and Supply Chain Technologies Conference in Rotterdam, which will bring together top industry leaders and present the latest advancement projects in the sector.
If you would like a unique insight into NxtPort, you can send Verbeeck or any of our other speakers a question, which will then be answered at SPSCT18 through this link.
Join the conversation at @PortTechnology #SPSC18!