Accenture (ACN) has agreed to form a 30/70 joint venture with Fincantieri Group unit Fincantieri NexTech to "accelerate digital transformation" in the cruise, defense, and port infrastructure sectors, the companies said Thursday.
The Fincantieri Ingenium joint venture will initially focus on developing the Navis Sapiens system for new ships and to upgrade existing fleets. The first ship equipped with the system is expected to enter service by the end of this year, the companies said.
The joint venture also intends to improve real-time data exchange and connectivity between ships and onshore ecosystems via a sea-to-shore interoperability offering, Accenture and Fincantieri said.
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