Consid joins international innovation project for the circular manufacturing industry

Consid is becoming a technology partner in the international research and innovation project 3D-VALUE – an initiative aimed at accelerating the development of circular business models within the manufacturing industry. The project is being carried out in collaboration with organisations including Hitachi Energy Sweden, Grundfos, EKODENGE and Linköping University, with support from, among others, Vinnova and Eureka.

As part of the project, Consid will contribute technical expertise in Distributed Ledger Technology (DLT), a technology that enables secure and transparent information management between stakeholders in complex value chains. The technology will, for example, support emerging solutions for Digital Product Passports (DPPs), where product data needs to be shared and verified among multiple actors across the product lifecycle. The solution is intended to improve traceability, increase circularity and create new opportunities for so-called Circular Value-as-a-Service (CVaaS).

– This is a highly exciting initiative where research, innovation and industry come together to address some of the most important sustainability challenges facing manufacturing today. For Consid, it is an opportunity to contribute cutting-edge expertise in digitalisation while also helping to shape the circular business models of the future, says Peter Hellgren, CEO of Consid.

The project is led by Linköping University and brings together several Swedish and international organisations with the aim of developing a market-ready digital infrastructure for circular manufacturing. Hitachi Energy Sweden will contribute concrete industrial use cases and needs-driven applications, while Consid will be responsible for application design and development.

– We see great potential in combining research with practical technology development. The project gives us the opportunity not only to strengthen our expertise in this field, but also to create future commercial opportunities together with new partners and customers, says Peter Hellgren.

Consid’s contribution to the project is led by Alexander Nordholm in close collaboration with Linköping University and the other project partners. The project also involves junior talent and students through research and internship initiatives, as part of the investment in the next generation of digital specialist expertise.

3D-VALUE is partly funded by Vinnova and forms part of the Eureka network – Europe’s largest collaborative platform for international innovation projects.