The Industrialist: Trends & Innovations - June 2023

accenture
Innovate
Trends and innovations that matter
June 2023
Know more about the latest
announcements impacting
industry, from zero emissions
‘flying’ maritime vessels
to car interiors made
from persimmons.
Industrial is
a front runner
in combining
human ingenuity
with technology
and innovation.
Thomas Rinn
Senior Managing Director,
Global Industrial Lead, Accenture
Wärtsilä launches radical two-
stroke derating solution
The technology company has developed a solution that helps two-stroke
engines run at a lower voltage in order to generate less heat. According to
Wärtsilä, the Fit4Power solution can be retrofitted to ships to help reduce
bore size by 25% while improving combustion efficiency. The idea is that
the solution will optimize engines on merchant vessels, enabling them to
comply with current and future emissions regulations. The solution works
by reducing the bore diameter of engine cylinders and introducing a
combustion chamber design that helps the engine run at optimal loads.
The technology has already been trialed onboard a container ship with a
large-bore two-stroke main engine, proving it can save 2,000 tons of fuel
and 6,000 tons of CO2 emissions annually. According to Wärtsilä, if there
are no changes made to merchant vessels more than 80% will run the risk
of breaching emissions regulations by 2030.
01
Electreon developing wireless
charging for Toyota and Denso
Toyota Motors and Denso Corporation are working with Electreon to
develop a wireless vehicle charging system using the Israeli startup’s
technology. The three companies want to help bring about the
standardization of wireless EV charging, and have already conducted an
evaluation and held a demo of Toyota’s RAV4-PHEV wireless charging on
the road using the technology. They are also exploring the development of
an aftermarket wireless kit for existing EVs, integration of the wireless tech
into new vehicles and a joint pilot program. Electreon has been working on
a system to charge EVs while they are on the move via copper coils laid
underneath roads.
02
Danfoss’ Editron division and
Cummins aim to slash marine
emissions
Cummins and Editron, a division of Danfoss Power Solutions, plan to co-
develop a single standard hybrid marine solution aimed at supporting
decarbonization in the industry. The solution has the potential to eliminate
100% of CO2 emissions compared to diesel alternatives, depending on
how it is used. The two companies will also develop a suite of solutions for
marine propulsion, focusing on a new generation of variable speed diesel
generator sets, fuel cells and energy storage packages. In related news,
Editron has also been commissioned by Cheoy Lee Shipyard to deliver its
hybrid-electric marine drivetrain system for two new hybrid-electric ferries
by mid-2024. The agreement will contribute to Hong Kong’s pledge to
achieve net zero emissions by 2050, in part by switching to electric
vehicles and ferries.
03
Hyundai Mobis develops in-
wheel EV drive system
Hyundai Mobis has unveiled a new EV system where electric drive motors
are installed directly in the wheel hubs of a vehicle. The ‘in-wheel’ system
is designed to maximize performance by enabling EV motors to control
each wheel directly. The company claims no other business is mass
producing a similar system. The new solution, which will reduce the need
for drivetrain transmission components, helps vehicles move sideways
and reduces energy use by up to 20%. It is integral to Mobis’ e-Corner
system, which combines electronic steering, braking and suspension
technology centered around the motor. The solution also frees up space,
so that other elements such as batteries can be installed in a vehicle in
the future.
04
Bridgestone’s solution monitors
road conditions in real time
Bridgestone Mobility Solutions has developed an AI-powered system for
road condition monitoring. Bridgestone Road Conditions can provide
insights on road network quality by harnessing aggregated, anonymized
data from vehicles connected via Webfleet. The service is split into two
solutions. Road Damage Detection uses data from vehicles and sensors to
identify the exact location and AI algorithm enables the severity of road
damage to be defined, including potholes and cracks, to reduce vehicle
damage and increase safety. Road Asset Visualization provides
intelligence on roads and infrastructure (such as traffic lights and lane
markings) by combining data from multiple connected vehicle sensors
and vehicle-mounted cameras that process data securely in real time to
upload to the cloud for analysis. It records whether the infrastructure is
damaged or even blocked by vegetation.
05
Epiroc and ispace boost the
path to lunar living
Epiroc and global lunar resource development company ispace have
signed an agreement to collaborate on sustainable solutions for
commercial Moon missions. ispace develops solutions that will help
support human civilizations in space, including lunar transportation and
tools for improving our understanding of the lunar environment and
resources. As part of the collaboration, ispace will collect data on the lunar
surface, with Epiroc helping develop corresponding technology and
commercial solutions to be launched from 2024.
06
Caterpillar launches compact
mobile energy storage module
Cat Compact ESS, a lithium-ion mobile battery energy storage module, can be
used in combination with any traditional or renewable energy source to
supplement traditional mobile power solutions. The sturdy, weatherproof
module can be used in rough conditions, mounted to tow trailers and other
vehicles. Customers can use the module to increase power efficiency, minimize
fuel usage and reduce costs related to maintenance and greenhouse gas
emissions, compared to traditional generators. It works by storing surplus
power from energy sources – diesel, solar etc – before using them as a reserve.
It comes equipped with a management system that monitors load levels to
ensure it automatically switches between fuel sources as needed. It is
particularly suited to use on vehicles that must carry out work over long periods
or at night, when quiet conditions are necessary. The modules come with a web
interface to track and manage operations and provide analysis, and are already
available in North America, Europe and Australia, with more locations to follow.
07
XCMG enters the metaverse
and blockchain with Conflux
and Zen
Machinery manufacturer XCMG is partnering with blockchain network
Conflux and blockchain fintech company Zen Spark Technology to explore
international use cases for blockchain and Web3 technologies. The three
companies will explore new opportunities, and XCMG and Conflux are
already planning to issue their first NFT collection for overseas markets.
XCMG recently announced its new Bored Ape NFT ambassador at the Las
Vegas Metaverse conference, donned in XCMG overalls. A new NFT series
named “For Real” will also be launched soon with Zen Spark Technology
on the Ethereum network. The company says the series is aimed at
celebrating a move towards a more inclusive and digital economy.
08
About The Industrialist
The Industrialist is our monthly digital magazine that puts game-
changing perspectives in the spotlight. It combines thought-
provoking content and insights, to keep you on top of what’s new
in the industrial industry.
Featuring different CXOs and diverse leader views, you can be
inspired by leading innovators, explore the latest trends, tools,
technologies, and innovations, and ignite your industry interest
with transformational thought leadership.
Discover how to lead the way and Subscribe today.
Visit us at www.accenture.com/theindustrialist
Disclaimer
This document makes reference to names, marks, and
domains/websites owned by third parties. All such names,
marks, and domains/websites are the property of their
respective owners. No sponsorship, endorsement or
approval of this content by the owners of such materials
is intended, expressed or implied.
Copyright © 2023 Accenture all rights reserved.
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The Industrialist: Trends & Innovations - June 2023

  • 1. Innovate Trends and innovations that matter June 2023
  • 2. Know more about the latest announcements impacting industry, from zero emissions ‘flying’ maritime vessels to car interiors made from persimmons.
  • 3. Industrial is a front runner in combining human ingenuity with technology and innovation. Thomas Rinn Senior Managing Director, Global Industrial Lead, Accenture
  • 4. Wärtsilä launches radical two- stroke derating solution The technology company has developed a solution that helps two-stroke engines run at a lower voltage in order to generate less heat. According to Wärtsilä, the Fit4Power solution can be retrofitted to ships to help reduce bore size by 25% while improving combustion efficiency. The idea is that the solution will optimize engines on merchant vessels, enabling them to comply with current and future emissions regulations. The solution works by reducing the bore diameter of engine cylinders and introducing a combustion chamber design that helps the engine run at optimal loads. The technology has already been trialed onboard a container ship with a large-bore two-stroke main engine, proving it can save 2,000 tons of fuel and 6,000 tons of CO2 emissions annually. According to Wärtsilä, if there are no changes made to merchant vessels more than 80% will run the risk of breaching emissions regulations by 2030. 01
  • 5. Electreon developing wireless charging for Toyota and Denso Toyota Motors and Denso Corporation are working with Electreon to develop a wireless vehicle charging system using the Israeli startup’s technology. The three companies want to help bring about the standardization of wireless EV charging, and have already conducted an evaluation and held a demo of Toyota’s RAV4-PHEV wireless charging on the road using the technology. They are also exploring the development of an aftermarket wireless kit for existing EVs, integration of the wireless tech into new vehicles and a joint pilot program. Electreon has been working on a system to charge EVs while they are on the move via copper coils laid underneath roads. 02
  • 6. Danfoss’ Editron division and Cummins aim to slash marine emissions Cummins and Editron, a division of Danfoss Power Solutions, plan to co- develop a single standard hybrid marine solution aimed at supporting decarbonization in the industry. The solution has the potential to eliminate 100% of CO2 emissions compared to diesel alternatives, depending on how it is used. The two companies will also develop a suite of solutions for marine propulsion, focusing on a new generation of variable speed diesel generator sets, fuel cells and energy storage packages. In related news, Editron has also been commissioned by Cheoy Lee Shipyard to deliver its hybrid-electric marine drivetrain system for two new hybrid-electric ferries by mid-2024. The agreement will contribute to Hong Kong’s pledge to achieve net zero emissions by 2050, in part by switching to electric vehicles and ferries. 03
  • 7. Hyundai Mobis develops in- wheel EV drive system Hyundai Mobis has unveiled a new EV system where electric drive motors are installed directly in the wheel hubs of a vehicle. The ‘in-wheel’ system is designed to maximize performance by enabling EV motors to control each wheel directly. The company claims no other business is mass producing a similar system. The new solution, which will reduce the need for drivetrain transmission components, helps vehicles move sideways and reduces energy use by up to 20%. It is integral to Mobis’ e-Corner system, which combines electronic steering, braking and suspension technology centered around the motor. The solution also frees up space, so that other elements such as batteries can be installed in a vehicle in the future. 04
  • 8. Bridgestone’s solution monitors road conditions in real time Bridgestone Mobility Solutions has developed an AI-powered system for road condition monitoring. Bridgestone Road Conditions can provide insights on road network quality by harnessing aggregated, anonymized data from vehicles connected via Webfleet. The service is split into two solutions. Road Damage Detection uses data from vehicles and sensors to identify the exact location and AI algorithm enables the severity of road damage to be defined, including potholes and cracks, to reduce vehicle damage and increase safety. Road Asset Visualization provides intelligence on roads and infrastructure (such as traffic lights and lane markings) by combining data from multiple connected vehicle sensors and vehicle-mounted cameras that process data securely in real time to upload to the cloud for analysis. It records whether the infrastructure is damaged or even blocked by vegetation. 05
  • 9. Epiroc and ispace boost the path to lunar living Epiroc and global lunar resource development company ispace have signed an agreement to collaborate on sustainable solutions for commercial Moon missions. ispace develops solutions that will help support human civilizations in space, including lunar transportation and tools for improving our understanding of the lunar environment and resources. As part of the collaboration, ispace will collect data on the lunar surface, with Epiroc helping develop corresponding technology and commercial solutions to be launched from 2024. 06
  • 10. Caterpillar launches compact mobile energy storage module Cat Compact ESS, a lithium-ion mobile battery energy storage module, can be used in combination with any traditional or renewable energy source to supplement traditional mobile power solutions. The sturdy, weatherproof module can be used in rough conditions, mounted to tow trailers and other vehicles. Customers can use the module to increase power efficiency, minimize fuel usage and reduce costs related to maintenance and greenhouse gas emissions, compared to traditional generators. It works by storing surplus power from energy sources – diesel, solar etc – before using them as a reserve. It comes equipped with a management system that monitors load levels to ensure it automatically switches between fuel sources as needed. It is particularly suited to use on vehicles that must carry out work over long periods or at night, when quiet conditions are necessary. The modules come with a web interface to track and manage operations and provide analysis, and are already available in North America, Europe and Australia, with more locations to follow. 07
  • 11. XCMG enters the metaverse and blockchain with Conflux and Zen Machinery manufacturer XCMG is partnering with blockchain network Conflux and blockchain fintech company Zen Spark Technology to explore international use cases for blockchain and Web3 technologies. The three companies will explore new opportunities, and XCMG and Conflux are already planning to issue their first NFT collection for overseas markets. XCMG recently announced its new Bored Ape NFT ambassador at the Las Vegas Metaverse conference, donned in XCMG overalls. A new NFT series named “For Real” will also be launched soon with Zen Spark Technology on the Ethereum network. The company says the series is aimed at celebrating a move towards a more inclusive and digital economy. 08
  • 12. About The Industrialist The Industrialist is our monthly digital magazine that puts game- changing perspectives in the spotlight. It combines thought- provoking content and insights, to keep you on top of what’s new in the industrial industry. Featuring different CXOs and diverse leader views, you can be inspired by leading innovators, explore the latest trends, tools, technologies, and innovations, and ignite your industry interest with transformational thought leadership. Discover how to lead the way and Subscribe today. Visit us at www.accenture.com/theindustrialist Disclaimer This document makes reference to names, marks, and domains/websites owned by third parties. All such names, marks, and domains/websites are the property of their respective owners. No sponsorship, endorsement or approval of this content by the owners of such materials is intended, expressed or implied. Copyright © 2023 Accenture all rights reserved.