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Confidential insights for shipowners and ship managers
IT Cost, Innovation & Performance Benchmarking Club
The Thetius IT Cost, Innovation & Performance Benchmarking Club provides an anonymised, standardised measure of your IT performance against peer fleets.
The most expensive two words in shipping "I think..." vs "I know."
When an IT Director tells a CFO, "I think our satellite costs are reasonable," they are inviting scrutiny.
When they say, "Our satellite spend is 12% below the industry median for a fleet our size," the conversation ends, and the budget is approved.
What you get
Spend-per-vessel report
Compare IT spend across categories like IT Infrastructure, Vessel Communications, Cybersecurity, Specialist Applications
User experience feedback
Direct insight from your own crew on what works—and what doesn’t
Peer benchmarks
Anonymous comparison with other fleets across core IT categories
30+ page personalised report
Clear analysis, presented with actionable insights
1:1 results briefing
Walk through your findings and plan next steps with Thetius experts
Survey Insights
Industry-wide survey results will give members a greater insight on how the rest of the industry prioritises IT spending
We benchmark 10 core categories, each containing 50+ subcategories of spending points.
- Total IT Spend
- IT Infrastructure
- Cybersecurity
- Operational Applications
- Data Management
- Vessel Communications
- Staff & Administrative Spending
- New Vessel IT
- Digital Transformation Project Spend
How it works
We Benchmark Your Costs, Performance, and Innovation
Our analysts provide an anonymised, standardised measure of your IT performance against peer fleets.
Receive Your Report + Review Session
You’ll get a personalised report and an optional 1:1 session to explore the results.
Why did we start this?
Hear Nick share the story behind the initiative, and why it’s made such a meaningful impact on the industry
Frequently asked questions
Is my data confidential?
Yes, confidentiality is a core part of our process. All data shared with Thetius is kept strictly confidential. Only anonymised and aggregated results are reported, ensuring no individual company can be identified.
All members are required to sign non-disclosure agreements (NDAs) upon joining, and no individual company data is ever disclosed.
When will I receive my report?
Reports are updated and delivered annually in November, in line with our benchmarking cycle. This is when all data, insights, and analysis are fully refreshed.
However, if you join outside of this cycle and would like more immediate results, we can benchmark you against the most current data available. This means you don’t have to wait until November to receive valuable insights -you can access benchmarking comparisons based on the latest dataset, with a full refresh provided in the next annual update.
What's involved in the process?
The process covers 3 core areas.
- Comprehensive financial form – A detailed financial questionnaire that breaks down spending across 50+ sub-categories, allowing us to benchmark your spend in depth.
- Internal survey – A survey distributed within your organisation to benchmark performance and gather feedback from within your organisation.
- Innovation interviews – In-depth interviews where we discuss your current vendors, digital transformation initiatives, and innovation programs, enabling us to benchmark innovation maturity and approach.
Where will my insights come from?
- Our interview database – Insights from our comprehensive bank of in-depth interviews conducted with industry experts.
- Benchmarking members’ data – Aggregated and anonymised data from other benchmarking participants, providing comparative context.
- Industry-wide survey results – Performance benchmarks generated from our annual, cross-industry survey.
- Ongoing proprietary research – Research completed by our team throughout the year, covering key trends, challenges, and innovations across the sector.