Post on 24-May-2020
The Digital UtilityHow IoT, Software and Data ScienceWill Reshape the Electricity Industry
Ganesh BellCEO
GE Power Digital Solutions
Copyright © 2017 General Electric. All rights reserved.
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Copyright © 2017 General Electric. All rights reserved. @ganeshbell
Transformation
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Renewables
Growth
Low
Prices
Flat
Demand
Asset
Write-Offs
DER
Growth
Copyright © 2017 General Electric. All rights reserved. @ganeshbell
Innovation
ElectrificationUrbanization Climate
Change
Transportation
Buildings
EVs
Homes
Social
Impact
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Copyright © 2017 General Electric. All rights reserved. @ganeshbell
$387BEliminate
Downtime
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Digital Transformation of Electricity
$60BDigitalize
Maintenance
$191BMatch Supply
& Demand
$68BAggregate
Supply
$59BIntegrate
Storage
$69BEnergy
Management
$1.3TEconomy
$2.0TSociety
Confidential. Not to be copied, distributed, or reproduced without prior approval.
DIGITAL TWIN
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@ganeshbell
Confidential. Not to be copied, distributed, or reproduced without prior approval.
Fossil
RenewablesNuclear
Transmission & Distribution
Behind The Meter
Distributed Energy
Confidential. Not to be copied, distributed, or reproduced without prior approval.
ORGANIZATIONAL PREPAREDNESS
TE
CH
NO
LO
GY
IN
TE
NS
ITY
HIGH
HIGHLOW
TELECOM
TRAVEL &
HOSPITALITY
CONSUMER PACKAGED
GOODS
MANUFACTURING
RETAIL
BANKING
HIGH TECHNOLOGY
PHARMACEUTICALS
POWER &
UTILITIES
Source: MIT Sloan Review, Strategy& Analysis
DIGITAL MATURITY
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Confidential. Not to be copied, distributed, or reproduced without prior approval.
2TBData Per Day
10SEvery 10 sec Data Capture
600MMSmart Meters
5MMSmart Thermostats
125% Growth
By 2020, 7 Billion Connected Assets
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Copyright © 2017 General Electric. All rights reserved. @ganeshbell
Digital Utility Portfolio
Nuclear Wind HydroSteam SubstationDistribution
Business Optimization
Solar TransmissionGas Prosumer
Operations Optimization
Asset Performance Management
Cyber Security
Commercial
Operations
Maintenance
Profitability
Productivity
Reliability
Digital
Worker
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Copyright © 2017 General Electric. All rights reserved. @ganeshbell@ganeshbell
3%Efficiency
↑
5%Reliability
↑
25%O&M Costs
↑
↑
↑
6%Emissions
20%Availability
50+ Digital Journeys Started on Predix
↑ 20%Power
Copyright © 2017 General Electric. All rights reserved. @ganeshbell@ganeshbell
Copyright © 2017 General Electric. All rights reserved. @ganeshbell@ganeshbell
32,700MW62 Sites,
2000 Assets
$200M Fuel Savings
2.5 XRamp Rate
Improvement
€1.2MSavings from
Avoided Outages
$3-5M Increased Revenue
Per Outage
The Digital Utility
15@ganeshbell
EVs
Energy Efficiency
Energy Storage
Smart Cities
Energy Internet
Beliefs &
Culture
Design
Thinking /
FastWorks
New
Metrics
Talent
Leading Through Transformation
1
6
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17@ganeshbell
$4.0BPredix-powered and software orders
400+Partners
$730MGross Digital Threadcost productivity
~670,000Digital Twins
~22,000Developers on Predix
250Software applications
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@ganeshbell