Slide 1

Objective:

“To safeguard life, property and the environment”

Foundation established 1864

Det Norske Veritas AS

Slide 2

Major innovation phases in DNV

Managing Risk

Maritime1950 - 1970

Offshore1970 - 1980

Internationalization1980 - 1990

Diversification1990 - 2004

Growing home market

New markets built on existing maritime

competence

Looking for growing maritime & offshore

markets abroad

Looking for new markets abroad in

other industries

210 employees 1700 employees 3000 employees 6000 employees

Slide 3

Structures & Hydrodynamics

Materials

Machinery

LNGSupertanker

Condeep

LaboratoriesNano-

techSandwich

unmanned engine room

Petroleum services

DNV growth strategy - build core competence and bring to new markets

DNV had to expand or die

1950 1960 1970 1980 1990 2000

Computers SESAMQuality, safety & security of software Nauticus

General hazards: fire and explosion

Probabilistic methods

Managing risk→

Biorisk

Egil AbrahamsenHead of Research: 1954-66CEO: 1966-85

Slide 4

ICT in an organisational context:

Managing Risk in Software & Systems (MRSS)

• Challenges– Software is increasingly

mission or safety-critical– Software replaces

electronics, humans, and hydraulics.

to balance overall risks, an increased focus has to be on managing risks related to software intensive systems

• value proposition: Less costs by managed software risks

The Software Crisis“… software related error killed two.. ”

“… Ariadne rocket exploded due to software error… ”“…US blackout exasperated due to bad software…”

“… electronic map was not up to date…”“…software error caused Bosch to recall 100000 devices…”“… ship drifted because of software... ”

“infringement on software patent cost 25MUSD”

“… signal system blamed for crash… ”“… bank liable due to software error.. ”

Society is reliant on software. But can we rely our lives, our assets, and our environment on today’s software?

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Slide 5

Managing risk for software and systems

Tricolor, Software error ? , 2002

Slide 6

Challenges for safety and environment

• Increased need for ship transportation

• Increased activity in arctic regions, e.g. oil transportation from Russia with new challenges: e.g. pollution, icing

• Increased short sea shipping with increased land – sea integration and competition. Need for improving shipping recognition regarding : reliability/punctuality, safety and environmental performance

Development of World Seaborne Trade Year Total (million tons)

1970 2566

1980 3704

1990 4008

1998 5631

1999 5683

2000 5885

Source: UNCTAD, Review of Maritime Transport 2001.

Slide 7

R&D needs

• Need for new innovative technologies/solutions

• Need for cooperation within the Norwegian maritime cluster

• Fargis is a national instrument for cooperation