Windward, a specialist data analytics company working within the maritime industry, has been named one of 10 Israeli startup businesses to watch in 2015 in the Aerospace, Defense and Security sector by Frost & Sullivan, a global growth consultancy firm.
Windward’s technology was recognised for offering unprecedented visibility to the oceans by transforming maritime big data - the hundreds of millions of data points available daily on ships worldwide - into actionable intelligence that allows decision makers to identify suspicious ships before they reach their shores.
Frost & Sullivan noted the growing stakes at sea for both governments and commercial entities as a significant catalyst for Windward's growth. A representative said, "Frost & Sullivan forecasts show the maritime domain as a significant upcoming concern for countries and commercial maritime companies. The Windward solution is one of the only solutions to answer the market need for covering the 'wild west' of maritime activities."
Ami Daniel, CEO and co-founder of Windward added, “We are delighted that Windward’s technology has been recognised as a game changed in the maritime domain. We are bringing visibility to a previously opaque world and generating insights that are relevant and actionable for stakeholders across industries."
Originally developed for security applications, and already in use by government and intelligence clients around the world, Windward's data platform is now being leveraged by financial institutions to identify new market trends and trading opportunities.
Daniel continued, "Ship activity across the oceans impacts nearly every industry, but the data available is largely unusable - it is massive, fragmented and unreliable, leaving decision makers across industries in the dark. Windward has created the world's first maritime data platform - the only place where all maritime data is aggregated and analyzed - giving our clients critical insights into the reality of what goes on at sea."
For more information, visit Windward.