As 2014 draws to a close, port operators will remember this to be another difficult year. Shipping volumes have yet to fully recover from declines seen during the global financial crisis and many economies remain volatile, driving ports to simultaneously seek efficiencies and increase operational safety and security standards.
Combined with other trends such as increased automation and the shift to dynamic supply chains, this is creating pressure for port operators to evolve their business models while their clients—shipping lines—cut costs to protect their margins.
High performance ports have consistently used technology to improve their operations, enhancing efficiency and lowering manpower requirements, from their rapid adoption of containerization and cargo handling equipment to leveraging information technology to manage vessels and port operations.
Video Analytics have now reached a level of sophistication and maturity, creating an opportunity for ports to meet their highly specific needs, enhancing efficiency and profitability while improving safety and security.