As informed, Frugal Technologies will use Emerson’s global organization to accelerate sales of its fuel-saving artificial intelligence (AI) technology for ships.
On average across vessel types, fuel consumption accounts for approximately 60% of operating costs. Frugal’s cloud-based propulsion optimization software uses AI technology to collect data related to dynamic conditions such as weather, cargo load and propulsion and develop optimal engine models for ships. Frugal estimates its propulsion solutions generate savings of up to 15% in fuel consumption, contributing to a lower carbon footprint.
