Altair, a global leader in computational intelligence, has signed a strategic Memorandum of Understanding (MoU) with the Engine Research Institute at HD Hyundai Heavy Industries. This partnership aims to enhance the performance of eco-friendly marine engines and power AI-driven development initiatives, marking a significant step towards sustainable engineering in the marine industry.
This collaboration signifies more than just technological advancement; it represents a strategic partnership poised to shape the future of marine engine development. By combining Altair's global technological capabilities with HD Hyundai Heavy Industries' specialized expertise in eco-friendly marine engines, the two entities aim to establish a new benchmark for sustainable engine and machinery businesses.
"This collaboration goes beyond technology development—it is a strategic partnership to shape the future of marine engine development," said Pietro Cervellera, senior vice president of aerospace and defense, Altair. "By combining Altair's global technological capabilities with HD Hyundai Heavy Industries' expertise in eco-friendly marine engines, we aim to set a new standard for sustainable engine and machinery business."
It is notable that Altair was recently acquired by Siemens, a global leader in industrial software. This acquisition is intended to extend Siemens' leadership in simulation and industrial artificial intelligence, with Altair's technology being integrated into the Siemens Xcelerator portfolio.
Sungchan An, Ph.D., vice president and head of the Engine Research Institute, HD Hyundai Heavy Industries, stated, "HD Hyundai Heavy Industries and Altair have continuously collaborated on the development of simulation technologies for high-quality HiMSEN engine designs. With Altair now part of Siemens, the development of next-generation engine design technologies—such as virtual product development and AI-based engine simulation—is expected to further accelerate."
This partnership comes at a crucial time, in response to increasingly stringent environmental regulations impacting the global shipping industry. As digital transformation and technological advancements become paramount in shipbuilding, Altair and HD Hyundai Heavy Industries will collaborate to strengthen innovation through the application of advanced simulation and AI technologies for the development of eco-friendly marine engines.
Under the terms of the agreement, the collaboration will focus on several key areas:
Altair has a proven track record of technological expertise in simulation-driven design and AI-powered predictive analytics, demonstrated through its collaborations with major shipbuilders worldwide. Through this new partnership, Altair will actively support HD Hyundai Heavy Industries in advancing eco-friendly marine engines, with a clear focus on delivering tangible results. These expected outcomes include improvements in design efficiency, reduced development cycles, and overall performance enhancement. Leveraging synergies with Siemens' industrial software technologies, Altair is anticipated to make significant contributions in these areas.
Altair continues to broaden the application of its solutions across various industries by integrating its AI and simulation expertise with Siemens' industrial software technologies following the recent acquisition.
Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair is part of Siemens Digital Industries Software.
Under its parent company HD Hyundai, HD Hyundai Heavy Industries (HHI) is leading the global shipbuilding and offshore engineering industry, delivering sustainable and efficient products that meet the world-class standards. Owning the world single largest shipyard and world's largest marine engine maker, HHI has built a strong reputation over its 50-year history for delivering world-leading commercial and naval vessels, along with complex EPC projects that require precision and reliability.
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