Hyundai Heavy Industries and Accenture to build smart ships

Rebecca Lambert
Rebecca Lambert
By Rebecca Lambert on 20 July 2015
Hyundai Heavy Industries and Accenture to build smart ships

Shipbuilder Hyundai Heavy Industries is collaborating with Accenture to design a connected smart ship, which will involve building sensor networks into new vessels so that ship owners can track critical data and manage their equipment more effectively.

By applying real-time analytics to new and historical fleet data and using data visualisation technology to present the insights, ship owners will be able to monitor their vessel’s status and condition in real time. This will allow them to make data-driven decisions that support more efficient operations, carry out predictive maintenance and achieve more efficient scheduling.

The connected smart ship will be developed using a combination of Hyundai Heavy Industries’ shipbuilding and manufacturing expertise, and Accenture’s digital and shipping industry experience. It will take advantage of Hyundai Heavy Industries’ on-ship platform and the Accenture Connected Platforms as a Service.

Services to be offered to Hyundai Heavy Industries’ customers through this collaboration include administrative and user management services, and device management services. These help ensure all connected devices can be monitored and maintained remotely.

“Businesses can gain a competitive advantage by embracing the connectivity wave underpinning the internet of things and integrating digital services into their products,” said Eric Schaeffer, senior managing director at Accenture. “Our collaboration with Hyundai Heavy Industries uses our digital technology and deep industry experience to enable a traditional ‘products’ company to adapt its business model, taking advantage of digital technologies like analytics.”

With real-time data collection and exchange across vessels, ports, cargo and land logistics, Hyundai Heavy Industries expects to create additional services and revenue streams to customers across the lifecycle of ships and journeys, removing barriers between different elements of a ship’s operation.

The collaboration is part of Hyundai Heavy Industries’ plans to expand its business, moving from manufacturing to services.

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