Leading into the digital future
Our world is increasingly connected. Data is being generated like never before. Digital disruption is revolutionising our personal lives and in turn changing the way industry operates, driving step changes in performance and delivery.
We have entered the next industrial revolution, Industry 4.0., characterised by the Internet of Things (IoT), Cyber Physical Systems, Cloud Computing and Digital Ledgers such as Blockchain.
In this environment, harnessing value from data is gaining critical importance as a business driver. This is the era of the digital twin. Big data - from connected assets, legacy data and new data streams - enabled by digital technology and analytics, provides us with insight and real-time decision making power that previously could never be realised.
LR innovation programmes
Increasingly, digital technology is fundamentally changing how risk and performance are managed in asset and people intensive industries.
Through our strategic innovation initiatives, LR is addressing the challenges our customers face in this highly complex environment of technology advancement and digital transformation.
Combining digital capabilities with our deep knowledge of assets, processes and regulation, we are creating new solutions that uniquely address the challenges customers face in the industries we serve. Delivering innovation and driving outcomes that deliver step changes in performance and delivery.
Reduce operational risk
Develop new ways to create world-class competencies in operational risk with new market-leading products and services based on human analytics, data and digital technologies.
Connect your assets to increase performance
Derive real time insights from any data source to drive informed actions to reduce risk, increase efficiency and drive new revenue streams.
Redefine inspection, assurance and surveying
Exploit ground breaking data and digital technologies to enable remote solutions, increasing efficiency and safety, and unlocking new service models and client experiences.
It’s about open innovation and co-creation
Collaboration, co-creation and open practices, both internally and within our partner eco-system, is our ethos. We source, validate, benchmark and deploy best-in-class digital technologies - proactively seeking and engaging with a number of strategic partners to fast-track our innovation capability against our strategic themes. One example that demonstrates our ethos is the LR Safety Accelerator Programme - an open challenge network for innovative start-ups, to address and co-create solutions which directly address our clients’ needs.
LR's experts regularly share their research and insights.