INDUSTRIAL INTELLIGENCE Insights Without Limits 2019 Executive Forum
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
INDUSTRIAL INTELLIGENCEInsights Without Limits
2019 Executive Forum
HOW TO BUILD AND EXECUTE A DIGITAL TRANSFORMATION STRATEGY
SANDEEP CHANDRAN
CHIEF PRODUCT OFFICER, HONEYWELL CONNECTED ENTERPRISE
2016: AGE OF AWARENESS
BLUEPRINT FOR DIGITAL SUCCESS
Source: Industry 4.0: Building the digital enterprise, PwC, 2016
PROCESS AUTOMATION INDUSTRY DIGITAL TRANSFORMATION
ARE YOU READY for New Wave ?
20102000
• Industry adopted WINTEL
• Opened wider innovation opportunities
Valu
e t
o t
he C
usto
mer
Innovations by Time Period
1975
DCS as Innovation
Industry 3.0
>2015
New Wave of Innovation
o Cloud
o IIoT
o Virtual Reality
o Machine Learning
o Digitization
Industry 4.0
The rate of change
ahead of us is steep
and accelerating
DIGITAL ENABLERS
EDGE & CONNECTIVITY
Edge connectivity for data gathering & analytics
DIGITIZATION
Simplifies processes across business activities
VIRTUAL REALITY
Enhances user experience and efficiency with processing power and data storage on demand
CLOUD
Processing power & data storage for rapid scaling
SECURITYManagement of risk
MOBILITY
Portability with location awareness for productivity improvements
AGILE
Early & predictable delivery of digital developments
Technology is now enabling us to truly understand
the interdependencies of the complete ecosystem
of people, assets and process
Co
st
of
Wa
itin
g
Time
Digital transformation
late-adopter curve
Previous
late-adopter
curve
LATE ADOPTION WILL BE COSTLY
Technology is now enabling us to truly understand
the interdependencies of the complete ecosystem
of people, assets and process
Co
st
of
Wa
itin
g
Time
Digital transformation
late-adopter curve
Previous
late-adopter
curve
LATE ADOPTION WILL BE COSTLY
2017: POCS & LEARNINGS
PROCESS INNOVATION VS INFORMATION DENSITY
STEP VALUE
Less cost, waste, H2O, energy,
higher throughput, recoveries
OPTIMIZED
Good Practices
Prognostics
Automation
Competitive Advantage
TodayCurrent Practices
OPTIMIZED STEP VALUE
Competitive Advantage
DIGITAL Innovation
PR
OC
ES
S I
nn
ov
ati
on
DIGITAL CAUSE & EFFECT
Connectivity: Physical Resources / Things
Information Density: Sensors
Competitive Advantage
Altered Cost Structure
Digitization
Digitalization
Digital Transformation
2017: BLUEPRINT FOR DIGITAL SUCCESS
Source: Industry 4.0: Building the digital enterprise, PwC, 2016
Machine
Leaning
1. Machine Learning
2. Analytics
3. Predictive Diagnostics
4. Cloud Enablement
5. Cyber Security
• Org Development
• Vendor Management
POC: GREAT EXPECTATIONS
1. Benefits with Minimal Investments
2. Data will solve all Problems
3. “Outside In” Approach
• Focus: Technology
• Unchanged: People, Process, Systems
1. Legacy Systems
2. Data is Not Available
3. Poor Data Quality
4. Immature Underlying Systems
5. No Tangible / Proven Benefits
6. Lack of Ownership / Path Forward
2018: MOVING UP THE ADOPTION CURVE
ADOPTION & THE S-CURVE
1. Cyber Policies
2. Inside Out• Process
• People
• Technology
3. Scalable
4. Sustainability
5. Org Capability
6. Quantifiable Benefits
7. Vendor Management
HONEYWELL FORGE FOR INDUSTRIAL
Applications Advanced Control
and Optimization
Blend Movements
and Optimization
Alarm & Operations
Management
Digital
Twins+ Know-how
Honeywell
Expertise
OEM
SMEs
Process
SMEs
Personas
Profit Performance
MonitorCompanions
DynAMo
DynamicsBlend
Dynamics
Operations
Optimization
Reliability
Competency
HSE Compliance
Cyber Security
Outcomes
Training
Simulators
MES
Connected
Historian …Training
Companion
2019: BUILDING A DIGITAL STRATEGY
17
Ridding the Technology Debt• Legacy hand me down systems, processes
Avoiding the Digital Penalty• Example: Uber vs Taxi Industry
• Example: Netflix vs Blockbuster
• Example: Airbnb vs Hotel Industry
Reaping Digital Benefits• New business models / revenue stream
• New competencies and workflows enabled by technology
• Example: Amazon & AWS
• Example: Honeywell Connected Performance Services
Partnership and Ecosystem• Example: ERP consortium for industry-specific, public cloud...Shell, BP, Chevron
• Becoming a Network Orchestrator
“Inside Out” Approach• Digital at the Core
SUMMARY
Find an OT partner to guide you to success
Benefits ARE worth the effort
Clearly understand the problems you will solve with technology & cyber security
OT Digital Transformation is not simple and there is no single
right answer to the tools and technology
INDUSTRIAL INTELLIGENCEInsights Without Limits
2019 Executive Forum
Related Documents
