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see that has most increased your ability to do that job more ef? - ciently and cost effectively?

That’s a big topic. Bringing new sen- sor systems to the market is one of our key focal points, and it was part of our uniqueness when we started. We have a fantastic engineering department de- veloping cutting edge technology on the sensor side [which can be leveraged across many markets]. It’s a whole fam- ily of electromagnetic systems that is being developed and patented. So that’s the one thing. The other thing is a deep understanding of AUVs. I think we have 10 sensors now, in the high-speci? ca- tions AUVs, we have cameras, lasers,

SaaS, navigation data, and so forth. So many sensors. Over the course of maybe two days, we amass up to ? ve terabytes of data. Huge amounts of data.

Historically, a lot of that data becomes dead data on the client side. How do you make use of all of that information?

That’s why we also started developing

Photo courtesy Argeo a cloud-based digital platform, which allows the clients to look at all of the data that we acquire, and to correlate the different data types over a given project that they may have. This allows them to create value out of all the data types. So we can wave goodbye to PDF reports, and welcome the digital age.

You run a fast-moving company in a fast-moving business sec- tor. What’s the secret to long- term success?

As a company, our foremost obligation is to bring investor value, and there are many ways of doing that. We develop technology, which has a long-term value creation, and at the same time we have a huge focus on the service side. The chal- lenge there is to balance the develop- ment of technology with business take up of all the things that we develop. It is abalancing act: you need to make sure that you are bringing technology and services out quickly, at the same time, not too quickly. www.marinetechnologynews.com 39

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