Accenture And Fincantieri Launch Digital Venture To Modernize Shipbuilding

Italian shipbuilding company Fincantieri SpA and Accenture Plc ACN have teamed up to create a tech-driven joint venture designed to advance digital transformation within the shipbuilding and port logistics sectors.

Named Fincantieri Ingenium, the new entity will be held primarily by Fincantieri's NexTech unit with a 70% stake, while Accenture will hold the remaining 30%. This partnership follows a Memorandum of Understanding inked in July 2024.

Fincantieri Ingenium aims to fast-track the digital evolution of cruise, defense, and port infrastructure sectors by leveraging the combined strengths of Fincantieri's shipbuilding knowledge and Accenture's capabilities in digital engineering.

“We are excited about this joint venture with Fincantieri, which marks a significant step forward in maritime innovation and is a tangible example of collaboration between two organizations committed to transforming the market and creating new value,” said MU Lead for ICEG and CEO of Accenture Italy, Teodoro Lio.

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At the heart of the initiative is Navis Sapiens, a digital framework set to enhance operations for both new vessels and those already in service.

The system will deliver sophisticated tools for overseeing ship performance, optimizing lifecycle management, and linking with land-based facilities via real-time data exchange.

Key features include strong cybersecurity measures, AI-driven capabilities, and an open marketplace that encourages participation from external tech providers. The first ship equipped with Navis Sapiens is expected to launch by late 2025.

Fincantieri Ingenium also aims to create an uninterrupted flow of data between ships, ports, and shipyards to enhance coordination, optimize processes, and support sustainability goals.

Through improved data analytics and energy monitoring, the systems are expected to help shipowners reduce fuel use and environmental impact.

Price Action: ACN shares traded lower by 6.12% at $281.59 at the last check on Thursday.

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