SPEED – Lets innovate the ports at high SPEED!

The development of a Northbound land route starting from a new European hub in Piraeus and nearby Mediterranean ports and substantial infrastructure investments by Chinese shippers and trade investors put pressure on 2 Seas ports to become more efficient and innovative.
If data science capacity could be aligned with ports’ demands and complex multi-stakeholder challenges, it would address an important strategic need of the ports and speed up market development for the still immature data science industry.

Approach: Data science meets ports' needs

1. Mobilizing the port stakeholder ecosystem

in the 2 Seas area and engaging the stakeholders early on in the innovation funnel to generate Smart Port app challenges, to provide preferential feedback regarding their likelihood to adopt the apps, to pilot new smart port apps and to become early movers in the Smart Ports market.

2. Mobilizing the development community and connecting the Smart Port App builders with relevant port-side stakeholders

so as to get early market validation and traction for their Smart Port App ideas, as well as opportunities to engage with potential customers and advanced technology experts throughout the development of their ideas, use cases, prototypes and proof-of-concepts.
Beyond matching support to build with multidisciplinary innovation teams of technology and logistics experts and relevant interested users, (aspiring) Smart Port Developers will get indirect opportunities to scale their business together with the PortXL smart port accelerator and to attract financing for their scale-up business.

3. Directly supporting Smart Port App developers to become better entrepreneurs

through a specifically developed toolkit focusing on the aspects that drive business performance; from improving their business model and value delivery processes to even the personality of the entrepreneurs and their team. In the pilot phases of the Smart Port App development projects, both the entrepreneurs and the first users will also be assisted in the adoption and implementation process, so that in the end the 2 Seas Smart Port Ecosystem will not only have better entrepreneurs, but smarter users as well.

4. Building the interaction arena and structures for a forward-looking Smart Ports Innovation Ecosystem.

Besides building online and offline arenas for interaction between Smart Port stakeholders, SPEED will also enable them in the development of the governance and innovation project structures to effectuate a forward-looking Smart Port Market innovation strategy that will position the 2 Seas region as global leader in the Smart Ports market.