![]() ![]() How do the changes affect risk management? In order to realize the new possibilities we still have to rely on domain knowledge and expertise. We are just starting to see the contours of this. Using the information in the most productive way, in other words becoming data smart, will bring gains in productivity and efficiency. The sheer volume of this data, the complexity, fluid nature and the difficulty in extracting the truly significant pieces of data, will be a great challenge. There has been an exponential increase in the amount of data that important decisions are based upon. There are so many fantastic, new possibilities that have been unthinkable. It’s really inspiring to see how things like the cloud and machine learning, the Internet of Things are turning our whole approach in a completely new direction. We are starting to rely on new networks and new ways of working. The way we deliver value is changing, brought on by a revolution in information technology. The previous paradigm shift happened when technology companies like Google and Amazon came into the marketplace. In the past decades we’ve seen the move from mainframe to client-server and from client-server to the web. What is the 'paradigm shift' as you see it?Įvery so often something happens that changes the fundamentals of businesses, and causes a shakeout. Media Newsroom Events Blogs: Energy in transition Sector insights Maritime Power and renewables Oil and gasĭNV Group About us Corporate governance Research & development Joint Industry Projects DNV Ventures Sustainability Annual reportsīusiness areas Maritime Energy Systems Business Assurance Supply Chain & Product Assurance Digital Solutions Veracity data platformĬareers Overview Job opportunities Career development Why DNV? Meet our people Diversity & inclusion Ship management, operations and ship design.Reliability, availability and maintainability (RAM).Electric grid performance and reliability.Offshore classification – fleet in service.Digital monitoring of medium-voltage cable networks.How will the paradigm shift affect your industry Sectors Services Insights About us Sign in Sign in to Veracity Open menu Open search ![]()
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