Nakul Malhotra is Vice President, open innovation, marine products for Wilhelmsen Ships Service. He is an advocate of applying an open innovation philosophy to solve the big challenges of the maritime industry. He believes in ecosystem thinking, and the ability to collaborate with what he calls permeable organizational boundaries. He has been in the marine industry for 25 years covering marine engineering, business management, and even actual seafaring experience. Nakul is an advisory board member for a number of maritime startups and a mentor in incubators and accelerators.
We talk about open innovation and always being “in beta” - both as businesses and individuals. We delve into the mindset shifts that the accelerating pace of change requires for success. AI and Ml play an increasingly important role and we talk about how the maritime industry is, in a sense, a time machine - an opportunity for creative people to apply new technology and business models from other industries.