Wärtsilä’s strengths lie in our integrated services and solutions offering, data-driven innovations, close and long-standing customer relationships, and an unparalleled global presence.
Supporting customers with lifecycle solutions
Our business model is based on providing the marine and energy markets with smart technologies and optimised lifecycle services. Our service activities represent approximately 50% of total net sales, providing a good foundation for achieving the long-term target of profitable growth.
The demand for Wärtsilä’s services is supported by the increasing technological sophistication of the installed equipment base. Our commitment to investing in digitalisation provides opportunities to further develop our value-adding customer offering, for instance by leveraging advanced diagnostics to optimise performance.
A leader in smart technology for the marine and energy markets
The shift towards clean and flexible energy production, and the need for efficient and safe transportation, form the basis of our offering of smart solutions. As an industry frontrunner, we are committed to responding to the need for innovative and energy efficient solutions. Our digital transformation will provide enhanced customer value through an increased focus on collaboration and knowledge sharing. Continuous investments in research and development are vital for ensuring the competitiveness of our product portfolio and for securing a leading position in sustainable innovation.
A capital-light business model emphasising increased efficiency
Our manufacturing model is assembly-based, with shared production and R&D facilities. This creates flexibility in aligning operations to market conditions and synergies in innovation processes. We focus on continuous process improvement throughout the organisation in order to achieve operational excellence.
Investing in technological leadership and providing shareholder returns
Our sound financial position enables investments in research and development activities and developing the business through acquisitions, while offering solid dividends to our shareholders.