SSI Company Research Report

Company Overview

• Name: SSI (formerly Albacore Research Ltd.)

• Mission: To support and deliver increased productivity for the world’s shipbuilding industry by bridging the gap between tradition and technology.

• Founded: 1990

• Founder: Rolf Oetter

• Key People:

• Denis Morais (CEO)

• Darren Larkins (President & CIO)

• Deborah Peet (COO)

• Headquarters: No specific city mentioned, but operations are global.

• Number of Employees: No information available.

• Revenue: No information available.

• Reputation: Known for providing software, services, and expertise tailored to the shipbuilding industry, SSI has built an open Digital Shipbuilding Platform focusing on the design, engineering, construction, and maintenance of shipbuilding projects.

Products

1. ShipConstructor

• Description: A comprehensive line of solutions for ship design, engineering, and construction.

• Key Features:

• Focused on cutting-edge technology integration and digital shipbuilding.

• Provides detailed data and product information to enhance design processes.

2. EnterprisePlatform

• Description: Offers a means to make engineering information accessible across an organization.

• Key Features:

• Integrates various project workflows and data management to align with overall business processes.

3. ShipbuildingPLM (Product Lifecycle Management)

• Description: PLM platform specifically built for shipbuilding business processes.

• Key Features:

• Manage product information and lifecycle data in a seamless, unified platform.

• Supports integration with other systems to maintain a digital thread throughout the shipbuilding lifecycle.

Recent Developments

• Recent Product Releases:

• SSI 2025 R1.1 released on August 20, 2024, introducing enhancements for outfitting, production, project administrators, and stakeholders.

• New features include improved control for outfitting, the introduction of Egg-Crate slotted templates for curved plates, and automation for estimating surface requirements for coatings.

• New Partnerships:

• SSI has been announced as a Preferred Supplier to Vard Marine for their Vigilance project, enhancing shipbuilding design and engineering capabilities.

• Innovative Developments:

• SSI joined the OCX Consortium to push forward the convergence of digital standards for 3D vessel design approval.

• SSI's Digital Twin and Thread technology advances shipbuilding efficiencies and addresses the complexities of defense sector shipbuilding needs.

• Training and Learning:

• SSI offers certified training programs and materials, allowing shipbuilding professionals to advance their skills and knowledge through self-paced courses.

Notable Projects

• ShipBuilding at Incat: SSI's partnership with Incat for Hull 096, the world’s largest battery electric ferry, using ShipConstructor for improving production efficiency and build standardization.

• Partnership with Austal USA: Helping accelerate PLM ROI and digital transformation by streamlining shipbuilding processes and configuration management.

Strategic Initiatives

• Emphasizing the adoption of digital shipbuilding techniques and the integration of new technologies, such as Virtual Reality (VR), to enhance collaboration within shipyards.

• Leading the advancement of PLM solutions tailored for defense and commercial shipbuilding sectors to tackle complex design and engineering challenges.

In summary, SSI is at the forefront of innovation in the shipbuilding industry, leveraging over 30 years of expertise to provide integrated digital solutions and enhance shipbuilding capabilities across the globe.