Syroco Live is a cloud-based software platform that utilizes a digital twin of ships to optimize energy efficiency, fuel consumption, and carbon emissions through multi-objective weather routing and real-time voyage optimization. By leveraging artificial intelligence, the platform reduces fuel consumption by over 10%, helping ship operators lower operational costs and meet sustainability targets.
Funding
$14.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
AEFounders
Product
Problem
Maritime shipping faces increasing pressure to reduce fuel consumption and carbon emissions while maintaining operational efficiency. Traditional voyage planning often relies on static weather data and manual adjustments, leading to suboptimal routes and increased fuel costs.
Solution
Syroco Live is a cloud-based software platform that leverages a digital twin of the ship to optimize energy efficiency, fuel consumption, and carbon emissions through multi-objective weather routing and real-time voyage optimization. The platform computes the most optimized route by simulating the ship's performance under various weather conditions. It provides real-time information to the crew through a user interface and measures fuel consumption and savings. By using AI, Syroco Live enables ship operators to decrease fuel consumption by 10% or more, reduce operational costs, meet sustainability goals, and increase competitiveness.
Target Audience
The primary customers are ship operators seeking to reduce fuel consumption, lower operational costs, and meet sustainability targets.
Features
- Digital twin technology that simulates ship performance in real-time.
- Multi-objective weather routing that considers factors beyond just distance.
- AI-driven optimization of route and speed profile.
- Real-time voyage adjustments based on updated weather forecasts.
- User-friendly interface for crew to access optimized routing information.
- Fuel consumption monitoring and savings measurement.
- Cloud-based platform accessible from anywhere with an internet connection.