Propulsion Analytics

Name

Propulsion Analytics

Legal name

Propulsion Analytics ΙΚΕ

Website

https://propulsionanalytics.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Maritime Performance Management Software

NAICS

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511)

SIC

Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Propulsion Control, Monitoring & Automation (ECS, PMS interface) (IMAJAHAH)

akta.pro secondary industry

Propulsion, Power & Energy Systems Design (Diesel, Hybrid, Electric, Alternative Fuels) (IMAJAGAE)

Keywords

• Maritime performance monitoring
• Engine digital twin software
• Vessel performance analytics
• Condition-based maintenance
• Marine fuel optimization

Headquarters

HQ city

Piraeus

HQ country

Greece

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Software Licensing/Subscription (SaaS): Cloud-based software applications delivered as subscription or licensing model. Engine Hyper Cube and other products are deployed as software-as-a-service with pricing based on fleet size or per-vessel licensing.
2. Outsourcing Services: Professional services where Propulsion Analytics engineers perform monitoring, interpretation and analysis on a scheduled basis for customers who prefer to outsource engine performance monitoring.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Propulsion Analytics develops and sells cloud-based software for monitoring and diagnostics of marine propulsion engines and vessels, built on proprietary thermodynamic digital twin models combined with machine learning. Its products (Engine Hyper Cube, VesselQUAD, DiEM, ATARAXIA, ADQM) deliver fault detection, fuel consumption optimization, hull/propeller fouling analysis, CII/CO2 emissions tracking, and class-approved condition-based maintenance for shipping companies, ship managers, and fleet operators.

Product overview

Propulsion Analytics offers a modular maritime performance management suite comprising four core products. Engine Hyper Cube serves as the foundational thermodynamic digital twin engine performance monitoring and fault diagnostics platform. VesselQUAD extends this capability to vessel-level performance evaluation including hull/propeller fouling analysis and CII tracking. DiEM is the comprehensive digital engine management platform that integrates Engine Hyper Cube with additional condition assessment methods for class-approved condition-based maintenance. ATARAXIA is a lightweight continuous monitoring module requiring no additional hardware that uses standard onboard sensor data. ADQM provides automated data quality management across vessel fleets. These products are also integrated into WinGD's WiDE platform and can be enabled through Kongsberg Digital's Vessel Insight infrastructure. The company serves more than 400 vessels from 30+ shipping companies worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• Engine Hyper Cube: Cloud-based software for health monitoring, performance evaluation, and detailed diagnostics of internal combustion engines used in marine propulsion and power generation. Uses physics-based digital twin technology to compare engine measurement data for fault detection and maintenance recommendations.
• VesselQUAD
• ATARAXIA
• DiEM
• ADQM

Products and services

• Engine Hyper Cube (EHC) Cloud-based software application for health monitoring, performance evaluation, and detailed diagnostics of internal combustion engines used in marine propulsion and power generation. Compares engine measurement data with a physics-based digital twin to detect engine and sensor faults, recommend corrective actions, and improve maintenance planning. Used by shipping companies, ship managers, and OEMs such as WinGD.
• VesselQUAD Vessel performance analysis and decision support tool using machine learning combined with engine thermodynamics on continuous vessel data. Provides fuel oil consumption/speed predictions, hull and propeller fouling analysis, cleaning decision support, and CII/CO2 emissions appraisal for fleet operators.
• DiEM (Digital Engine Management) Class-approved digital engine management platform that supports condition-based maintenance decisions to extend the operational lifetime of healthy engine components. Combines thermodynamic digital twins of engines with machine learning fault pattern recognition, merging diagnostic methods including lubricant analysis, vibration data, and thermography data. Used by shipping companies such as GasLog.
• ATARAXIA Continuous engine performance assessment platform that uses data from standard onboard sensors without requiring additional hardware. Leverages the Engine Hyper Cube thermodynamic digital twin to evaluate engine performance from a small set of engine measurements typically available on all vessels, providing cost-efficient monitoring.
• ADQM (Automatic Data Quality Management) Automatic vessel data quality management system that evaluates signal completeness and quality using engineering logic, statistics, and machine learning techniques. Alerts for sensor faults, provides a data quality overview for systems, vessels or fleets, and tags saved data with quality and completeness KPIs for shipping operators.
• WiDE (WinGD Integrated Digital Expert) End-to-end application for continuous monitoring, diagnostics, decision support, and optimization of ship propulsion engines developed jointly with WinGD. Combines thermodynamic models and artificial intelligence to provide ship operators with a full picture of engine performance and health, including WiDE/EDS as the embedded engine diagnostic system on WinGD 2-stroke diesel and dual-fuel engines.

Quantifiable outcome

• 10 g/kWh or 6.8 tons daily loss of fuel due to compression deficiency detected in a containership vessel
• +4 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability4 records

Feature5 records

Partnerships

Nine partnerships are on record, tiered core, flagship and minor.

• ABS (American Bureau of Shipping)coreTechnology or Integration · 29 June 2026Propulsion Analytics' technology supports GasLog vessel's onboard machinery health monitoring capabilities for ABS SMART (MHM) notation. ABS played pivotal role in design implementation through comprehensive Rules framework and technical guidance.
• EuronavcoreStrategic or Co-development Partner · 17 September 2025Euronav partnered with Propulsion Analytics for fleet digitalization and implementation of Engine Hyper Cube across their fleet. Presented joint paper at CIMAC 2023 on implementing fleet digitalization systems and lessons learned.
• GasLogflagshipStrategic or Co-development Partner · 13 February 2025GasLog selected Propulsion Analytics to develop a customized Digital Engine Management platform (DiEM) tailored for GasLog's fleet, enabled by Kongsberg Digital's Vessel Insight. The platform combines continuous engine performance analysis with various data sources for improved engine condition assessment and predictive maintenance.
• Kyklades Maritime CorporationcoreStrategic or Co-development Partner · 21 September 2023Kyklades Maritime partnered with Propulsion Analytics and WinGD for WiDE fleet application. WiDE is active on 12 Kyklades vessels, delivering automatic fault analysis and isolation.
• Bernhard Schulte Shipmanagement (BSM)coreStrategic or Co-development Partner · 16 February 2023BSM partnered with Propulsion Analytics and WinGD for trialing condition-based maintenance on an LNG gas carrier vessel. Project includes defining faults, improving diagnostics, and formulating CBM recommendations using algorithms to estimate components' remaining useful life.
• Lloyd's RegisterminorImplementation/ SI/ Consulting Partner · 16 February 2023Lloyd's Register provides support and verification of methods applied in the condition-based maintenance project with WinGD and BSM.
• Kongsberg DigitalcoreTechnology or Integration · 15 November 2022Kongsberg Digital and Propulsion Analytics partnered to add Propulsion Analytics performance tools to the Kognifai Marketplace. Kongsberg Digital's Vessel Insight cloud infrastructure enables GasLog's fleet data connectivity for Propulsion Analytics' Engine Hyper Cube platform.
• Technava S.A.coreChannel Partner/ Reseller/ Distributor · 10 May 2022Technava S.A. serves as local agent for Propulsion Analytics, hosting the company's participation at Posidonia exhibitions and supporting business development in the Greek maritime market.
• WinGD (Winterthur Gas & Diesel)flagshipStrategic or Co-development Partner · 16 December 2016Propulsion Analytics is the partner of choice for WinGD in developing the Engine Diagnostics System (EDS) for all WinGD 2-stroke diesel and dual-fuel engines. The system is marketed as WiDE/EDS (WinGD Integrated Digital Expert) and installed on many WinGD-powered vessels. Collaboration expanded to include QUAD vessel performance within WiDE platform and condition-based maintenance development.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Marorka: Marorka (an MTI company) provides vessel performance monitoring, fuel consumption analytics, and emissions reporting for shipping, with overlap to PA's Engine Hyper Cube and VesselQUAD on operational efficiency and CII compliance use cases.
• BMT Group: BMT offers vessel performance monitoring, fuel efficiency, and naval architecture services for commercial and defense maritime customers, with overlap to PA's engine and vessel performance analytics and shared maritime engineering services heritage.
• Nautilus Labs: Nautilus Labs provides AI-driven vessel performance and commercial analytics for shipping operators, focused on fuel efficiency and earnings optimization. It targets the same shipping-company buyer as Propulsion Analytics with a software-only, ML-first approach.
• Eniram (Wärtsilä): Eniram, owned by Wärtsilä, provides vessel performance monitoring and predictive analytics for shipping, focusing on trim optimization, fuel consumption, and hull/propeller fouling — directly comparable to Propulsion Analytics' VesselQUAD and Engine Hyper Cube value proposition.
• Kongsberg Digital: Kongsberg Digital operates the Vessel Insight cloud platform and Kognifai Marketplace, into which PA's tools are integrated. As both a partner and adjacent competitor in maritime digital ecosystems, it competes for vessel data analytics and performance monitoring budgets at fleet operators.
• StormGeo (Alfa Laval): StormGeo, now part of Alfa Laval, provides vessel performance, route optimization, and emissions management software for shipping, directly comparable to VesselQUAD's trim optimization, weather routing, and CII analytics features.

Broad incumbents

• Wärtsilä Smart Ship Ecosystem: Wärtsilä's broader Smart Ship portfolio combines Eniram performance analytics with the SmartShip platform, lifecycle services, and engine portfolio, giving it scale advantages in selling vessel and engine analytics alongside physical engine sales.
• ABB Marine & Ports: ABB offers the OCTOPUS suite of vessel advisory, route optimization, and energy efficiency tools, plus broader marine automation and digital solutions. As a broad incumbent, ABB competes with PA for performance management budgets while also serving adjacent marine electrical and automation needs.

Emerging players

• Ulstein (Engine Room Solutions): Ulstein provides ship design, maritime software, and integrated solutions including some engine room monitoring and digital services for specialized vessels. It overlaps with PA in maritime digital services for vessel performance, with a narrower shipyard-rooted customer base.

Others

• WinGD: WinGD is PA's flagship OEM partner for the WiDE/EDS platform embedded on WinGD 2-stroke engines. It is included as a peer because it is the primary distribution conduit and engine data source, even though it is a partner rather than a competing diagnostics provider.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• Xx.com/propulanalytics
• Facebookfacebook.com/propulsionanalytics
• LinkedInlinkedin.com/company/propulsion-analytics

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Propulsion Analytics