- Investing in green tech projects can be profit-driven while accelerating the world’s transition to sustainability.
- Around the globe, R-evolution powered by Hexagon demonstrates technology innovation’s impact on business and the planet.
- By delivering actionable insights, R-evolution empowers an autonomous, sustainable future.
The most influential business leaders realise the time is now to invest in our planet. Through technology-leading initiatives, there is a way to support industry adoption of profitable and scalable sustainability business integration. Travel with R-evolution: powered by Hexagon on a journey around the world to see how investment in green tech can be both profitable and sustainable – for the benefit of industry and our planet.
In Australia - creating the blueprint for the future of green hydrogen.
Sailing through the Southern Hemisphere on a journey across the Indian Ocean, the R-evolution team arrives in Australia. Here, R-evolution has joined with Hexagon’s Asset Lifecycle Intelligence division and green hydrogen leader Hydrogen Utility (H2U).
With the potential to supply up to 25% of the world’s energy needs by 2050, green hydrogen is essential to help achieve net zero emissions. While zero-emissions hydrogen production is currently considered cost-prohibitive, H2U are gaining a digital native design of green hydrogen production by developing a digital twin powered by Hexagon’s Autonomous Lifecycle Intelligence software to apply adaptable, efficient solutions. Fusing the real and digital worlds provides an accurate digital reality feedback loop through a centralised single-source platform.
To meet global needs, green hydrogen production needs to grow 1,000-fold by 2030. The future of green hydrogen production depends on technology and its ability to replicate with speed and scale. R-evolution continues to invest in green hydrogen production, supporting renewable energy projects that deliver meaningful impact.
In Sweden - boosting wind energy efficiency to accelerate the green energy transition
An impactful renewable energy source continues to be wind energy production. The Egyptians first tapped into wind power in 5000 B.C., according to the Wind Energy Foundation. An already established industry, more than 750GW of wind power is annually deployed.
And yet there is still the opportunity to increase wind energy production by as much as 15% through digitalisation to improve operational efficiency. So, as we return to Europe on our trip around the planet, in Sweden, R-evolution is joining wind development projects with the ambition to use technology innovation to optimise the lifecycle of wind power and create a digital thread of information for continuous improvement. Working with Romax Technology, part of Hexagon’s Manufacturing Intelligence division, we are utilising advanced multi-physics simulation software, to tackle both commercial and technical challenges in the development of renewable energy drivetrains, such as the cost of energy production, maintenance, reliability, efficiency and time to market.
Across the globe – investing in cutting-edge technology and sustainable business models to save our planet
R-evolution is actively putting Hexagon and partner technology into action to drive new values for green-tech projects across the globe.
Through R-ventures, our investment capabilities multiply. The R-ventures programme actively works with green-tech startups by contributing to breakthrough innovation with investment and access to in-kind technology. We are already investing in desalination and circular economy start-ups.
R-evolution was founded in 2021, and we have just scratched the surface of the potential opportunities to invest in our planet for the benefit of future generations. Together we can disrupt, invest and apply technology to save this planet.
Erik Josefsson is the CEO of Hexagon’s business venture, R-evolution. Prior to joining the Hexagon family, Erik Josefsson was Head of Advanced Industries at Ericsson, where he led the delivery of global Industrial IoT and 5G solutions for the manufacturing and process industries. He has a passion for global tech, has worked and studied in Sweden, Malaysia, China, and the USA, and has experience driving many smart initiatives like 5G factories, Connected Cars and Smart Sustainable Cities.