The first Helsinki Data Science Meetup of the fall was held at Wärtsila headquarters in Hakaniemi, with nearly a hundred people attending.
Wärtsila as a corporation is going through a bold transformation, as was explained by Chief Digital Officer Marco Ryan. It is on a journey for becoming a data-led, insights-driven technology company and Marco for one would like to add data onto their balance sheet – so critical it is to their businesses going forward.
The focus of the meetup was marine, as that is an industry being disrupted. Today’s ships are equipped with a multitude of sensors and cutting-edge systems that enable the crew to operate everything at peak efficiency. Wärtsila is a leader in that sector and thus in a unique position to drive transformation. Wärtsilä/Eniram provides its customers with solutions that give highly accurate insights using naval architecture and state-of-the-art machine-learning algorithms. The next steps in bringing even more value for the customer is in partnerships: the more data Wärtsila gets from the ecosystem, the more value it can create.
In addition to a great overall presentation by Marco Ryan on the transformation process and Wärtsila’s vision for the marine industry, we heard presentations from ex-CEO of Eniram, now VP Service 4.0 at Wärtsila – Henrik Dahl, as well as from one of Eniram’s Data Scientists, Antti Solonen.
Eniram has been developing smart solutions for marine industry, including sensors and analytics solutions, for more than a decade, and already since 2012 it has been into predictive analytics, thus placing itself ahead of the industry. Antti walked us through one specific analytical model he has been working on, namely predicting of the vessel’s power consumption. The model is a grey box, i.e. based on physics principles with parameters refined by actual data. Several of the metrics involved, e.g. speed on water, are actually quite difficult to measure, so modeling is required to gain accurate estimates.
The presentations were again followed by a lively discussion and networking.
The next meetup was not yet announced, but will be in the near future, so stay tuned for more information!
(Photos courtesy of Sami Virtanen, Wärtsilä, and the DAIN Studios team)