Bearing is a company that focuses on integrating artificial intelligence into the maritime shipping industry. The company offers AI-powered solutions that help in optimizing shipping operations, including emissions monitoring, scenario forecasting, fleet-wide optimization, and providing proactive recommendations. These services primarily cater to the maritime shipping industry. It was founded in 2019 and is based in Palo Alto, California.
ESPs containing Bearing
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The marine insurance analytics market provides data-driven insights to marine insurers, enabling them to make informed decisions and mitigate risks. These solutions use advanced technologies such as artificial intelligence and machine learning algorithms to analyze large amounts of data from various sources including vessel tracking systems, weather forecasts, and historical claims data. By levera…
Bearing's Products & Differentiators
CII Optimization Product
An AI-powered simulator that predicts Carbon Intensity Indicator (CII) scores for each vessel in the maritime shipping industry, enabling companies to quickly gauge their risks, increase their ratings and make better-informed business decisions about the effects of the regulations. Bearing’s AI platform aggregates and analyzes a range of data about the global shipping fleet, enabling it to predict vessels’ fuel consumption, speed and other aspects of performance with startling accuracy — even without data from onboard sensors. The simulator leverages Bearing’s deep learning models, AI-based routing engine and database of historical weather conditions to forecast CII scores and recommend potential changes to improve CII performance, including vessel speed, fuel type, sailing schedule and underwater cleaning.
Expert Collections containing Bearing
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Bearing is included in 3 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Latest Bearing News
Nov 24, 2023
News Provided By Share This Article Bearing Market Size OREGAON, PORTLAND, UNITED STATES , November 24, 2023 / EINPresswire.com / -- According to the report published by Allied Market Research, the global bearing market generated $107.46 billion by 2019, and is estimated to garner $143.53 billion by 2027, witnessing a CAGR of 6.1% from 2020 to 2027. The report offers a detailed analysis of changing market dynamics, top investment pockets, major segments, pricing strategies, key winning strategies, and competitive scenario. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 - https://www.alliedmarketresearch.com/request-sample/2139 NSK Ltd., THK Co. Ltd. The report offers a detailed segmentation of the global bearing market based on type , distribution channel, machine type, end use, group, and region. Based on type, the ball bearing segment accounted for the largest market share in 2019, contributing to more than two-thirds of the total market, and will maintain its dominant share throughout the forecast period. However, the tapered bearing segment is projected to witness the highest CAGR of 6.2% from 2020 to 2027. Based on machine type, the ICE vehicles segment held the highest share in 2019, contributing to more than two-fifths of the global bearing market , and is estimated to continue its highest contribution throughout the forecast period. However, the electric vehicles segment is estimated to manifest the highest CAGR of 9.8% from 2020 to 2027. 𝐏𝐔𝐑𝐂𝐇𝐀𝐒𝐄 𝐅𝐔𝐋𝐋 𝐑𝐄𝐏𝐎𝐑𝐓 𝐎𝐅 - https://www.alliedmarketresearch.com/bearings-market/purchase-options Based on region, Asia-Pacific contributed to the highest market share in 2019, accounting for more than two-fifths of the market, and will continue its leadership status throughout the forecast period. However, North America is projected to grow at the fastest CAGR of 7.0% during the forecast period. 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.alliedmarketresearch.com/purchase-enquiry/2139 𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐒𝐜𝐞𝐧𝐚𝐫𝐢𝐨: ⭐️The lockdown restrictions have closed down the manufacturing facilities and created disruption in supply chain. This has led to shortage of raw materials. ⭐️The demand from the automotive industry has been reducing significantly due to closure of production facilities and lowered sale of vehicles. Moreover, electric vehicle production plants have halted the operations due to lockdown, which in turn, reduced the demand. ⭐️There has been scarcity of workers as majority of workers have returned to their hometowns. Moreover, there will be scarcity as operations resume post-lockdown. ⭐️The demand would grow steadily as production activities in the automotive industry begin as governments lift off the restrictions imposed to curb the spread. 𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲: https://www.alliedmarketresearch.com/automotive-engine-bearings-market - Automotive Engine Bearings Market https://www.alliedmarketresearch.com/automotive-bearings-market - Automotive Bearings Market
Bearing Frequently Asked Questions (FAQ)
When was Bearing founded?
Bearing was founded in 2019.
Where is Bearing's headquarters?
Bearing's headquarters is located at Palo Alto.
What is Bearing's latest funding round?
Bearing's latest funding round is Series A.
How much did Bearing raise?
Bearing raised a total of $10M.
Who are the investors of Bearing?
Investors of Bearing include AI Fund and Mitsui.
Who are Bearing's competitors?
Competitors of Bearing include ZeroNorth and 4 more.
What products does Bearing offer?
Bearing's products include CII Optimization Product and 1 more.
Who are Bearing's customers?
Customers of Bearing include K-Line, IINO Lines and Valles.
Compare Bearing to Competitors
FuelTrust develops a maritime technology platform. Its platform authenticates relationships across the marine fuel lifecycle, digitally verifies data from shared sources, validates decarbonization and compliance, and identifies potential bunker fraud and risk. It was founded in 2020 and is based in Dickinson, Texas.
ZERO44 provides carbon reporting to shipping companies. It also offers an EU emission trading system and carbon intensity indicator while using the ship's historical and current data for planning and prediction. The company was founded in 2022 and is based in Berlin, Germany.
Shipsfocus is a maritime-dedicated venture studio that operates in the shipping industry. The company offers a range of services including digitalisation solutions, strategic consultancy, and port-services aggregation, with a focus on chemical shipping. They also provide market intelligence and research services to help customers save costs and improve margins. It was founded in 2016 and is based in Singapore, Singapore.
We4Sea is a company focused on providing efficiency solutions for ships, operating within the maritime industry. The company offers software-as-a-service solutions for real-time performance monitoring of ships, aiming to improve fuel efficiency and reduce emissions without the need for onboard hardware. Their services are primarily utilized by charterers and ship owners. It was founded in 2016 and is based in Delft, Netherlands.
Seadronix is a company that focuses on the development of AI-based navigation and port operation systems in the maritime industry. The company's main offerings include autonomous shipping solutions and smart port operation systems, which are designed to enhance safety and efficiency in the maritime sector. Seadronix primarily serves the maritime industry. It was founded in 2015 and is based in Ulsan, South Korea.
Orca AI provides safety management solutions for shipping operations utilizing artificial intelligence (AI) and computer vision technologies. The company offers a real-time navigation safety platform that uses AI and deep learning technologies to enhance the situational awareness of ship crews and reduce sensory information overload, enabling better navigation decisions. The data from the ships is displayed on a dashboard, providing fleet managers and ship owners with visibility and actionable insights at both the ship and fleet levels. It was founded in 2018 and is based in Tel Aviv-Yafo, Israel.