Solve challenges; realise opportunities
Asset intensive and safety critical sectors such as marine, energy and oil and gas can benefit enormously from the latest digital technologies – including increased safety, greater operational insights and efficiencies, alongside answers to pressing challenges. But innovating is not easy.
That’s why we have formed LR Aurora, our dedicated innovation practice to help our clients reap the benefits emerging technologies offer.
LR Aurora: Your innovation partner
We bring together our global engineering skills, deep industry expertise, digital capabilities and partnerships and work with our clients to spark new ideas at the cutting-edge of data and digital technology.
With you, we’ll explore how digital technologies can solve your critical business challenges and open up new opportunities. We co-create innovative solutions, test them rapidly and, on proof of value, help you deploy them across your operations.
Identify your organisation’s pain points and goals.
Explore disruptive technologies, our innovative solutions and the value they could bring
Leverage our expertise, technology partnerships and research to co-create solutions to solve your most pressing challenges.
Access our agile innovation capabilities to test ideas quickly – and scale fast
Adapt and apply our innovative solutions to your specific business challenges.
Uncover unique insights from your data to drive your business forward
The LR Aurora difference
Access new technologies
Open innovation and partnerships are at the core of LR Aurora, so you can benefit directly from the latest technologies and emerging opportunities. We work alongside the start-up community, industry ecosystems, academia and other research leaders.
The LR Safety Accelerator is a good example. This dedicated programme helps our clients solve their toughest risk and safety challenges in collaboration with cutting-edge technology start-ups, sourced globally.
Agile, scalable innovation
Our design thinking approach and rapid application development turn your challenges into proof of concept and proof of value quickly and cost effectively. Once proven we can then rapidly scale innovations across your full fleet or operations.
As our client, you benefit from our network of world-class institutions and academics, such as The Turing Institute, the UK's national data science institute and TWI, one of the world’s foremost independent research and technology organisations. This allows us to be constantly at the forefront of emerging technologies.
Where we focus
We concentrate on areas where data and digital technology are creating new opportunities and disruptions, enabling you to:
- improve maintenance strategies and operational performance with sensing, advanced modelling and artificial intelligence
- reap the safety and efficiency advantages of new remote inspection and surveying techniques
- transform operational risk management, including monitoring and mitigating human error
- benefit from new approaches to assurance that leverage data-driven techniques and emerging technology
Where we’re helping
A few highlights from over 100 innovation projects to date include:
- machine learning-based digital twins for predictive maintenance and fuel efficiency
- using artificial intelligence to transform HSE management
- blockchain solutions to assure the supply chains of ship components and marine fuel quality
- turning visual inspection data into accessible, actionable information
- harnessing business insights from asset maintenance data using natural language processing
Why choose us?
For 250 years Lloyd’s Register had been guiding some of the largest companies in the world, working with clients every day and gaining unique insights into their issues, challenges and opportunities. As LR Aurora, we are now applying that deep expertise of assets, processes and regulation to the digital domain, developing market-leading, innovative solutions for our clients.
There is much hype around new technologies. Choose us as your innovation partner and you also have the reassurance of complete independence and reliable, impartial, informed advice.
What we think
LR's experts regularly share their research and insights.
Who we work with
We help businesses across dozens of sectors push forward and achieve like never before. How can we help you?
Cost-risk evaluation leads to deferred P&A.
We helped our client save cost compared with conducting a full plug and abandonment project, deferring unnecessary CAPEX for 10 or so years.