The recent Suez Canal blockage, which lasted for six days after a 400-metre-long (1,300 ft) container ship ended up wedged across the waterway due to the combination of strong winds and human errors, showed the whole world just how easily can major shipping accidents happen and how severe and long-lasting their impact can be. Unfortunately, the Suez Canal blockage was just one of several thousand marine incidents that occur annually. Now, one Tel Aviv-based company has successfully raised €10.8 million in a Series A round to work on its ship navigation and collision avoidance system, Orca AI.
“The maritime industry has come leaps and bounds in recent years, but is still far behind aviation with technological innovations. Ships deal with increasingly congested waterways, severe weather and low-visibility conditions creating difficult navigation experiences with often expensive cargo,” says Orca AI CEO and co-founder Yarden Gross.
Orca AI combines data from sensors with artificial intelligence to provide real-time insights that reflect the changing conditions at sea. The system can be used for individual ships to deliver predictions and alerts on hazards, but it can also supply fleet managers with insights on the risk behavior and patterns of the entire fleet.
“Utilizing onboard navigation sensors and high-resolution cameras with proprietary AI algorithms, the technology is able to provide valuable insight such as alerting the crew on dangerous targets, prioritize risk in real-time and sort out complex navigation situations,” explains Dor Raviv, Co-Founder & CTO of Orca AI.
Other tech companies are also trying to make the shipping industry safer and less prone to costly accidents. For example, the Saudi Arabian Oil Company is using AI technology to monitor its maritime fleet, while Stockholm-based X Shore is exploring an auto-docking solution that could greatly streamline what’s arguably the most dangerous part of getting a massive cargo ship from point A to point B.
Cisco Unveils Strategic Vision For Enterprise Cloud Security In MENA
At the heart of this vision is Cisco Security Cloud, a global, cloud-delivered, integrated platform for end-to-end security across hybrid multi-cloud environments.
The global pandemic has accelerated cloud adoption by forcing companies to embrace the hybrid work model. But as companies move more and more of their information technology systems to the cloud, they discover that traditional security measures become less and less effective. To help cloud adopters of all sizes overcome the challenges associated with enterprise cloud security, Cisco has unveiled its new strategic vision for the MENA region.
At the heart of this vision is Cisco Security Cloud, a global, cloud-delivered, integrated platform for end-to-end security across hybrid multi-cloud environments. The platform unifies the management and policy administration of public and private clouds to protect users, devices, networks, applications, and data.
“With the complexity of hybrid work, continued acceleration of cloud adoption, and the ever-advancing threat landscape, organizations are looking for a trusted partner to help them achieve security resilience,” said Jeetu Patel, Executive Vice President and General Manager of Security and Collaboration at Cisco. “We believe Cisco is uniquely positioned due to its scale, breadth of solutions and cloud-neutral business model to meet their needs.”
Cisco Security Cloud is based on the zero trust security model, which, as its name implies, describes an approach to security where no access request is trusted without verification regardless of where it comes from.
To make the verification process as robust and user-friendly and possible, the necessary identity checks take place in the background, allowing users to focus on their work without being constantly interrupted by log-in prompts and other identity verification mechanisms.
Cisco is also building session trust analysis using OpenID Foundation’s Shared Signals and Events standards, which allow cloud services to instantly communicate security alerts and status changes of users.
These and other parts of Cisco’s new strategic vision for enterprise cloud security should help companies accelerate their cloud adoption initiatives. According to a survey of IT professionals in the Middle East, a lack of cybersecurity is among the main reasons why such initiatives proceed at a slow pace.