Digital innovation. Inge Andre Sandvik Chief Digital Officer Wilhelmsen Group

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1 Digital innovation Inge Andre Sandvik Chief Digital Officer Wilhelmsen Group

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3 A global presence The worlds largest maritime network countries 2 locations 50% 000 of the world s merchant fleet as customers 21 employees

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5 The digital accelerator model ships agency?? SCM O&G marine products Wilhelmsen Digital? ship management

6 8_84 24_85 35_84 36_84 37_84 38_84 METHOD & PROCESS NEW AND AGILE WORK METHODS ARE RE-SHAPING THE WORLD MOVE FROM TO VALUE VALUE RISK RISK MAKE PRODUCTS WITH NO/LOW CUSTOMER INVOLVEMENT IDEA TO PRODUCT: 1-2 YEARS HIGH INVESTMENT DECISIONS: LOW FREQUENCY Source: Crisp Consuting MAKE PRODUCTS WITH CUSTOMERS & PARTNERS IDEA TO PRODUCT: WEEKS LOW INITIAL INVESTMENTS LOW RISK DECISIONS: HIGH FREQUENCY 6

7 DIGITAL BUSINESS TRANSFORMATION CONVERGENCE BETWEEN TECHNOLOGY INNOVATION AND BUSINESS MODEL INNOVATION ENABLED BY CONNECTIVITY Big data & analytics Cloud computing/storage Collaborative technology platforms Virtual reality Instant analysis of large data sets to identify new patterns Highly scalable, variable-cost storage & processing on demand Employee engagement and collaboration enabled by digital platforms and communities Interact more naturally with digital devices and services Real-time communication and tracking 3D scanning Additive manufacturing Mobile connectivity & AR Every asset, equipment, employee always connected Analyses of real-world object or environment to collect data on its shape / appearance Print objects & parts on demand with increasing precision, and range of materials Virtual telepresence to remove the need for on-site humans and omnipresent mobile devices Unmanned aerial vehicles Sensors Robotics & automation Cyber security Autonomous, low-cost vehicles able to perform complex tasks and remove human presence Low cost, low power, connected sensors capturing spatial and environment information Intelligent robots take on complex assignments Protecting system integrity is a "musthave" 7

8 MASSTERLY CASE - YARA BIRKELAND New Technology Innovation & New Business Model Innovation

9 WILHELMSEN DIGITAL THINKING The need of a digital plattform that break the silos and creates an agile organization that is prepared for higher speed and more demanding customers. Architecture need to be based on cross industry open standards Open Technology platforms Shared and re-usable applications Propritary Wilhelmsen application 9

10 10 Establish Operating model. Build capabilities, systems and technology Platform. Develop strategic partnerships Digital Roadmap to reach the vision. Prioritized projects and product development Redefine how we serve our customers and position Wilhelmsen as the shaper of the maritime industry. Vision Starts in Advanced analytics Robotic process automation Process digitalization Connectivity & sensing Digital customer channels & products Workplace innovation WSS WSM WWL NSG GROUP WILNOR

11 SOFTWARE ARCHITECTURE IN A DIGITAL BUSINESS Autonomy & AI interaction User interaction A B C D E F G H I H K L M N O P Q R Wilhelmsen Digitalization Accelerator Framework API Managament Data Consumption API SLA Security SDKs IoT Management Cognitive services Ml/AI PRIVATE DATA PLATFORM PARTNER DATA PLATFORMS PUBLIC DATA PLATFORMS API Management Data Ingestion API SLA Security Compliance Data Extractors IoT EDGE COMPANY GROUP DATA STORED IN SILOS. NO/LOW CONTEXTUALIZATION HORIZENTALLY NORSEA GROUP WIILHELMSEN SHIP SEVICES WALENIUS WILHELMSEN WILHELMSEN SHIP MANAGEMENT WILHELMSEN GOVERNMENTAL SERVICES MASSTERLY

12 Smart Ropes

13 Maritime Innovation Lab

14 METHOD AND PROCESS Maritime Innovation Lab is a key strategic tool to drive more innovation with higher speed and quicker ROI. OPEN & RAPID INNOVATION ACCESS TO NEW TALENT EFFICIENT TO CREATE NEW BUSINESSES FACITILATE AND GROW STRATE GIC PARTNERSHIPS More open to innovation from: - Start-ups - Entrepreneurs - Vendors - Internally in the group. Grow an extended team that supports us shape the maritime industry Unique and effective access to new talent and innovative companies. More effective recruitment from academia and R&D institutions. Make it more efficient to create new revenue and find new business areas. Challenge us to be more innovative within the group. Facilitate and grow strategic partnerships with members of the Maritime Innovation Lab. Participate and invest in incubators and accelerators to grow deal flow for Wilhelmsen Venture Capital.

15 Accelerators/Incubators Maritime Clusters VCs Academia Maritime Innovation Lab Partners - Kognif.ai - Veracity - Office space - Industry experts - Access to marketplace - Investment - Cognite

16 16 Digital Ship Hackathon

17 What is Wilhelmsen offering Office space at the Wilhelmsen HQ Direct access to key people and industry experts in the Wilhelmsen Group and partners Wilhelmsen serve 50% of the global maritime market. We can either be a customer or a go-to market partner Access to capital either directly from Wilhelmsen Venture or trough VC partners we work with Access to a global maritime network

18 Thank