WESTERN UNIVERSITY, LONDON, ONTARIO DEVELOPING AT LOW COST FOR HIGH RISK MARKETS Dimitri Lyras, Director of Lyras Shipping, Founder of Ulysses Systems

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1 WESTERN UNIVERSITY, LONDON, ONTARIO DEVELOPING AT LOW COST FOR HIGH RISK MARKETS Dimitri Lyras, Director of Lyras Shipping, Founder of Ulysses Systems

2 ULYSSES SYSTEMS Ulysses is a 20 years old software house born out of the international marine transport business. The founders have been involved in the Marine Transport business for over 150 years

3 WHAT WE HAVE TO OFFER Before taking up more of your time with our background, we are here to discuss: IoT interoperability risk to systems, enterprises and the general public from bugs and errors in the design of cyber physical systems

4 DOMAIN EXPERTISE IN SOFTWARE DEVELOPMENT Our experience comes in tying together high risk enterprise considerations, and combining these with software development, Software development has been aimed at low risk clerical tasks, but actually interferes with attention to high risk issues

5 LESSONS WE HAVE LEARNT Develop at low cost because the market is small

6 DEVELOP AT LOW COST Not only is the market small, it is also an immature market where customers really need 10 times more of what they perceive to need

7 This has resulted in the necessity of R&D all within the restrictive budget of a small and disjointed vertical

8 CONCEPTUAL MODELING Developing at low cost had to happen through the use of conceptual modelling all the way to software execution

9 ENTERPRISE MODEL Address the issue of enterprise risk and how to put every process in the enterprise in perspective to enterprise risk

10 ULYSSES SYSTEMS WHAT WE HAVE TO OFFER Ulysses brings to the table experience making software for a small fragmented market that has just as high or higher development quality requirements as do much larger vertical markets but with a fraction of the revenue

11 THERE ARE SIMILARITIES TO TODAY S CYBER SECURITY AND INTEROPERABILITY CONCERNS

12 THE NATURE OF THE CONCERNS IS COMMON CONFERENCE Europol-ENISA IoT Security Conference The Europol-ENISA IoT Security Conference focuses on the IoT ecosystem by enabling a multi-stakeholder discussion on cybersecurity

13 The similarities can contribute to the common concerns of RISK, DISRUPTION, VULNERABILITIES The marine industry, especially hydrocarbon transport, carries massive risk of pollution and damage to life. Marine operators are insured for 2 billion dollars per incident

14 COMMON CONCERNS the actual magnitude of the risks the large disruption to multiple parties how not to make it easy for incidents to occur due to vulnerabilities of systems

15 SIMILARITIES TO TODAY S CYBER RISK AND INTEROPERABILITY CONCERNS The deep pocket stakeholders, especially the oil companies, must rely on the industry to mitigate this risk. The Exxon Valdez cleanup bill exceeded 4 billion. Reputational loss is not included. Insurance cannot cover the total risk Sebastian Voortman

16 AUDITING To monitor their risk, the Oil companies and the industry have developed methods of direct and remote auditing that offers valuable lessons in the world of cyber physical systems

17 CONTINUOUS IMPROVEMENT The marine industry has introduced a successful continuous improvement scheme with benefits worth considering in ensuring safety in disparate Cyber Physical systems

18 MONITORING FUNCTIONS SUCCESSFUL CONTINUOUS IMPROVEMENT SCHEME Especially in hydrocarbon transport, it has sought to monitor thousands of ships, each with thousands of hazards So the industry has been trying to monitor millions of functions remotely using risk related auditing and mapping of risks

19 WHAT CAN WE LEARN FROM BUSINESSES LIKE AIRBNB AND UBER? The breaking down of capital costs of the rental or hired transportation experience finding surplus capital, and then applying it

20 ANALYZE, BREAK DOWN, REORGANIZE Conceptual modeling does just this, helps enterprises reconstruct processes for better value and anticipates change Analyze Break down Reorganize

21 CHANGES IN HOW PEOPLE WORK Close analysis of crew skills and crew experience will select crew skills needed onboard synchronizing these with onboard work planning, introducing better methods of ensuring good crew collaboration onboard What can we learn from Airbnb and UBER?

22 INTEGRATING RESOURCES WITH PROCESSES finding the perfect match for people seeking a career, and, very importantly, for retired experts

23 CONCEPTUAL MODELING Evidently, to manage the high development requirements we are moving towards conceptual modeling The process of modeling marine industry hazards and modelling disparate cyber physical systems to assess risk, has many commonalities Ulysses 20 years experience in this field can provide a value chain of services founded upon risk modelling combined with enterprise software

24 WORKING TOGETHER We look forward to collaborating and supporting the work at Western Ontario University to produce tangible results, useful in the Cyber Physical world as well as the Marine world, which has its own cyber physical aspect as well as its inherent disparate and high risk environment

25 THANK YOU

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