%0 Journal Article
%T Suggestions from a Marine Economist to Make One&amp;#8217;s (Shipping) Company&amp;#8230; Digital!
%A Alexandros M. Goulielmos
%J Modern Economy
%P 361-384
%@ 2152-7261
%D 2024
%I Scientific Research Publishing
%R 10.4236/me.2024.154019
%X We showed how digitalization can improve the &lt;b&gt;quality&lt;/b&gt; of companies&amp;#8217; decision-making by moving towards more &lt;i&gt;efficient&lt;/i&gt;, &lt;i&gt;effective&lt;/i&gt; &amp; &lt;i&gt;timely&lt;/i&gt; decisions. Our work proved to be more difficult than expected, however, because we had first to &lt;b&gt;define&lt;/b&gt; more than the 2 &lt;i&gt;fundamental&lt;/i&gt; terms, which were: the &lt;b&gt;Cloud&lt;/b&gt; &amp; the &lt;b&gt;Platform&lt;/b&gt;. Important for the reader is to understand an old principle in management: &amp;#8220;what we do in management, is to bring-in money&amp;#8221;, meaning to &amp;#8220;&lt;i&gt;make&lt;/i&gt;&amp;#8221; our customers willing &lt;b&gt;to&lt;/b&gt; &lt;b&gt;pay&lt;/b&gt; for company&amp;#8217;s any new services supplied! The &amp;#8220;holy grail&amp;#8221; of digitalization is to enable managers to &lt;b&gt;d&lt;/b&gt;&lt;b&gt;e&lt;/b&gt;&lt;b&gt;cide&lt;/b&gt; &lt;b&gt;&amp;#8220;exclusively&lt;/b&gt;&amp;#8221; &lt;b&gt;on&lt;/b&gt; &lt;b&gt;data&lt;/b&gt;. &amp;#8220;&lt;b&gt;Data&lt;/b&gt;&amp;#8221; are the valuable &lt;i&gt;competitive&lt;/i&gt; &lt;i&gt;advantage&lt;/i&gt; of the companies of the years to come! &lt;b&gt;Data&lt;/b&gt; are, however, products which have to have certain accurate specifications, as well quality etc. Digitalization &amp;#8220;does&amp;#8221; exactly that, as better as it can! Future management is going to be evaluated, not anymore, on its knowledge, experience, past achievements, &amp; on whether one has graduated from Harvard or not, but &lt;b&gt;if&lt;/b&gt; &lt;b&gt;he/she&lt;/b&gt; &lt;b&gt;has&lt;/b&gt; &lt;b&gt;o&lt;/b&gt;&lt;b&gt;b&lt;/b&gt;&lt;b&gt;tained&lt;/b&gt; the &lt;b&gt;suitable&lt;/b&gt; &lt;b&gt;data&lt;/b&gt; to &lt;b&gt;take&lt;/b&gt; the &lt;b&gt;decisions&lt;/b&gt; &lt;b&gt;emerged&lt;/b&gt; &lt;b&gt;subsequently!&lt;/b&gt;&lt;b&gt; &lt;/b&gt;&lt;b&gt;The&lt;/b&gt; &lt;b&gt;research&lt;/b&gt; &lt;b&gt;aim&lt;/b&gt; &lt;b&gt;and&lt;/b&gt; &lt;b&gt;method&lt;/b&gt; &lt;b&gt;were&lt;/b&gt; &lt;b&gt;to&lt;/b&gt; &lt;b&gt;review&lt;/b&gt; &lt;b&gt;the&lt;/b&gt; &lt;b&gt;international&lt;/b&gt; &lt;b&gt;bibliography&lt;/b&gt; &lt;b&gt;as&lt;/b&gt; &lt;b&gt;well&lt;/b&gt; &lt;b&gt;as&lt;/b&gt; &lt;b&gt;current&lt;/b&gt; &lt;b&gt;research,&lt;/b&gt; &lt;b&gt;on&lt;/b&gt; &lt;b&gt;digitalization,&lt;/b&gt; &lt;b&gt;as&lt;/b&gt; &lt;b&gt;close&lt;/b&gt; &lt;b&gt;as&lt;/b&gt; &lt;b&gt;to&lt;/b&gt; &lt;b&gt;2023,&lt;/b&gt; &lt;b&gt;and&lt;/b&gt; &lt;b&gt;to&lt;/b&gt; &lt;b&gt;present&lt;/b&gt; &lt;b&gt;the&lt;/b&gt;
%K The Meaning of Digitalization
%K The &amp
%K #8220
%K Calculating Cloud&amp
%K #8221
%K The &amp
%K #8220
%K Digital Platform&amp
%K #8221
%K The Recent Maritime Technologies Based on Satellites
%K The Agonies of the EU-28 &amp
%K the World
%K The Fuel Cells
%K Ammonia
%K Green Hydrogen &amp
%K Other Sources of Maritime Fuel
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=132934