CARAVEL GROUP
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“More and more ships are getting connectivity , which helps us move into the digital space . Certain applications and tasks can be completed without the network problems we previously encountered ”
— Angad Banga , Chief Operating Officer , Caravel Group main subsidiaries – metallurgical , carbons , and ores and alloys – are safely transported as a result of the group ’ s robust supply chain and logistics capabilities . Nonetheless , as the need for global shipping services continues to escalate , technology has seen a steady rise in demand – something which Caravel has been keen to tap into by taking a greater look at the high volumes of data accumulated across the group , in order to drive greater value and access further opportunities .
“ Much of the data is not captured at source in a systematic manner . When the data is collected , it ’ s not being effectively utilised , which leads to the question of ‘ is the business intelligence there ?’ ‘ Is there a sufficient level of resourcing ?’ There are some companies doing it but I think it ’ s at an early stage . This is a key area of focus for The Caravel Group . We will be using several tools to enhance data visualisation and modelling through machine learning ,” adds Banga . “ We already have some of these initiatives underway , and hopefully , these will be a foundation for enabling future generations of tools that are developed to service our clients . Organi-
MARCH 2019