Oct

Innovations nevers stops: managing functional obsolescense as continuous innovations in the Maritime sector

A network of companies in the maritime sector works together in the MARCONI project to innovate maintenance and functional relevance of high value vessels and maritime equipment. The network’s goals are to enhance the availability of ships, uninterrupted missions and continued functional relevance of physical-digital technologies in use. Digital technologies require updates involving a mixture of software and hardware, and are prone to Functional Obsolescence. The latter concept is defined as the loss of an asset’s function, performance, or reliability due to changing requirements, even though the asset can still be manufactured, supported, and operated according to its initial functional specifications. How can this network of companies in the maritime sector collaborate in new ways to ensure that their assets comply with the fast-changing functional requirements?