Berlin’s Kaiko Systems nets €2M to help maritime technical operations go paperless
https://techcrunch.com/2022/09/21/berlins-kaiko-systems-nets-e2m-to-help-maritime-technical-operations-go-paperless/
From healthcare to manufacturing, traditional industries have been getting a digital makeover over the past decade. But some sectors have been left behind. Maritime shipping, argued Fabian Fussek, CEO and co-founder of Kaiko Systems, is the “last frontier of digitzation.”
Kaiko Systems is a Berlin-based startup trying to digitize operations on commercial vessels. Around 90% of the world’s traded goods are carried over the ocean, but an industry with such a pivotal role in the global economy is still heavily reliant on pens, paper, and Excel, noted Fussek, a former Deloitte consultant. The manual process means maintenance and inspection on ships are costly, inefficient and prone to human errors, he added.