The “Internet of Ships”. More cargo. Less fuel. Smaller environmental footprints and an increased reliability. For ship owners, by ship owners. CoVadem connects individual sensors and devices and turns isolated data into value adding business and infrastructure information. CoVadem introduces the principles of collaborative (big) data to Inland Shipping and provides competitive advantage to ship owners and operators. Starting with the development and deployment of collaborative depth soundings, CoVadem and its spin offs initiate an inspiring development towards continuous performance monitoring and benchmarking that will contribute to the performance of individual ship owners, shipping companies and IWT in general. Besides providing value adding information services to IWT business, CoVadem contributes to a better understanding of IWT performance and river behaviour and will in turn contribute to improved IWT vessel development and water management. CoVadem – turning bits into business