One of the world’s leading ship buidlers Hyundai Heavy Industries and global tech company Accenture are collaborating to design a ‘connected smart ship’ that will enable ship owners to better manage their fleets and achieve potential operational savings through the application of digital technologies.
Announcing this on its Site, Accenture said using a network of sensors that will be built into new vessels, ship owners will be able to capture a range of ship voyage information including location, weather, and ocean current data, as well as on-board equipment and cargo status data. 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 to make data-driven decisions that support more efficient operations. Services are expected to include real-time alerts and warnings, predictive maintenance and 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. As ship owners seek innovative new ways to reduce vessel operating expenses, this collaboration will deliver a range of real time services to improve the efficiency of their ships, while simultaneously strengthening Hyundai Heavy Industries’ competitiveness.
“Businesses can gain a competitive advantage by embracing the connectivity wave underpinning the Internet of Things and integrating digital services into their products to keep pace with the next wave of innovation,” said Eric Schaeffer, Senior Managing Director, Accenture. “Our collaboration with Hyundai Heavy Industries utilizes 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.”
“Through this collaboration with Accenture, our ambition is to lead innovation in ship operations, shipping and the port logistics sector,” said Moon-kyoon Yoon, Chief Operating Officer of the Shipbuilding Division of Hyundai Heavy Industries.
The connected smart ship uses Hyundai Heavy Industries’ on-ship platform and the Accenture Connected Platforms as a Service (CPaaS). 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.
As the world’s biggest shipbuilder and a leading integrated heavy industries company with seven business divisions and 25 overseas incorporated firms and 17 overseas subsidiaries, Hyundai Heavy Industries has delivered more than 2,000 ships to 305 ship owners in 51 countries since its foundation in 1972.
Image Credit: Hyundai