The added value from AI on sustainable business models - How AI improves economic and environmental sustainability in the shipping industry
Typ
Examensarbete på kandidatnivå
Bachelor Thesis
Bachelor Thesis
Program
Publicerad
2023
Författare
Hultman, Arvid
Skog, Olle
Modellbyggare
Tidskriftstitel
ISSN
Volymtitel
Utgivare
Sammanfattning
This bachelor thesis explores the added value of Artificial Intelligence (AI) on sustainable
business models and its prospects within the Swedish shipping industry. The study focuses on
identifying the potential benefits and challenges of integrating AI technology into shipping
practices to make them more economic and environmentally sustainable. The research is based
on a literature review that includes sources from various countries, while the case study delimits
the analysis to the Swedish shipping industry. The study examines the benefits of AI in
optimizing vessel operations, reducing fuel consumption, and predicting maintenance of
equipment. Additionally, challenges such as regulatory compliance, technological barriers, and
stakeholder collaboration are addressed. Drawing on the literature review and the case study,
the paper shows that AI has the potential to add value to sustainable business models in the
industry by improving vessel performance, reducing carbon emissions, and promoting overall
economic and environmental sustainability.
Keywords: AI, Artificial intelligence, Added value, Sustainable business models, shipping,
AIS, economic sustainability, environmental sustainability
Beskrivning
Ämne/nyckelord
AI , Artificial intelligence , Added value , Sustainable business models , shipping , AIS , economic sustainability , environmental sustainability