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Jotun goes digital on paint management

Bjørn Tore Markussen, DNV GL Bjørn Tore Markussen, DNV GL

Jotun has begun using DNV GL’s Veracity platform to combine external and proprietary data sources in optimising the delivery of its maritime coatings at port, using an Estimated Time of Arrival (ETA) dataset to ensure it has the right amount of product in the right place.

{mprestriction ids="1,2"}“Veracity is making paint digital. Jotun have recognised that even products that seem as analogue as paint can benefit from digital solutions and this is an example of how Veracity is not simply a platform for data but also a place for collaboration,” said Bjørn Tore Markussen, managing director of the Veracity platform unit in DNV GL.

DNV GL generates the dataset by cleaning collected Automatic Identification System (AIS) signals and running that data through an algorithm that predicts arrivals at ports. That better understanding of the movements of the global fleet allows Jotun to optimise its stock and delivery planning.

“A platform like Veracity opens new opportunities for us. Instead of Jotun acting alone or bilaterally with DNV GL, we are able to reach out and tap into the capacities from a range of different partners,” said Geir Axel Oftedahl, business development director at Jotun.

DNV GL says it is also currently developing ETA Enhanced, which will build on the current model to more accurately predict the arrival of vessels by utilising specific data about various vessels from the asset owners themselves.{/mprestriction}

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