Information Driven Enterprise for the Connected World

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Information Driven Enterprise for the Connected World Andy Chatha President ARC Advisory Group [email protected]

Transcript of Information Driven Enterprise for the Connected World

Information Driven Enterprise

for the Connected World

Andy Chatha

President

ARC Advisory Group

[email protected]

2© ARC Advisory Group

Oil Price Has Declined >50% in 6 Months

Most Industrial Companies are Beneficiaries

3© ARC Advisory Group

Today’s Business Drivers

We Need a Safe & Secure Internet

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The Connected World is on the Horizon

Processes

Systems

Things/Assets

People Information

Cloud, Virtual

Mobile, IoT

Analytics, 3DCollaboration, Social

Together, These Technologies can

Help You Transform Your Business

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Industrial Internet: The New Frontier

RemoteMonitoring &

Services

Connectivity Platform

Advanced Analytics

Apps

Network

Most Industrial IoT Building Blocks are Already in Place

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Industrial Internet Drivers

Source: ARC Industrial Internet of Things Survey

Reduced Downtime and Faster Service are Top Drivers

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Physical asset with sensors, actuators

Local IoT Compute and Communicate module

Smart Machine

IoT Smart Module

Emerging Option: Connect Big Assets Using New Technologies

Secure Network

The Connected Plant

Plant Operations

CorporatePurchasingEngineering

XYZ Company XYZ Company XYZ Company

Enterprise

Maintenance

XYZ Company

BusinessSystems

New IoT Analytics and Applications

Private Cloud

Machine Mfr.

Secure Connection

Service Provider

Private Cloud

Share Asset Data with 3rd

Parties

Monitor in-service Products

XYZ Company

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The Connected Oilfield Use Case Avoid expensive unplanned downtime

Oil Platform

Workflow

Ship Seal to Rig

Technician

Change Seal During Next Maintenance Cycle; Save $7.5M

Data from Equipment(including pressure)

Cloud

Predict Seal Failure on Water Injection Pump

AnalyticsService Staff

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The Connected Mine Tire Monitoring Avoid risk, downtime, and expense

Tire OEM

Haul Vehicle

Technician

Change Tire At Safe Location; Avoid Risk,

Downtime, and Expense; Redeploy

Other Assets

Mine Operations

Dealer’s Tire Service Truck

Data from Tires and

Equipment

Cloud

Analytics

Predict Tire Failure

Workflow

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Enterprise Software Business Is Evolving

New Model: Sell Apps that…

run as a service in a private or public Cloud

require monthly payment

can be implemented in weeks or days

can support diverse user ecosystem

are upgraded by the supplier

provide tools for global collaboration

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Automation Systems are Evolving

Attribute From To

Focus Technology Business

Structure Hierarchical Flattened

Cyber Security After Thought Secure by Design

Data Multiple copies Single Version of Truth

Integration Project-based Standards-based

MOM Applications Separate Integrated

Control & Safety Separate Integration Options

Control & Electrical Separate Integration Options

Engineering Design Tied to Hardware/ Software

Late-Binding for Hardware/Software

Supported By Users Suppliers

Technology is no longer a barrier

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IIoT Impact on Industrial Companies

More Sensors, More Data, More Automation

More Analytics, More Visibility

More Software Applications

New Product Requirements

New Production Equipment Capabilities

• Software defined, autonomous, intelligent

New Architectures

• Cloud, Mobility, Virtual, Distributed

New Service Requirements

New Customer/Supplier Relationships

New Ecosystem/Supply Chain

New Business Models

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Information Driven Enterprises Will…

1. Embrace key technologies throughout the enterprise

2. Make decisions based on data analysis

3. Put info and analysis tools at employees’ fingertips

4. Collaborate internally and externally with partners

5. Seek opportunities to transform business processes

6. Are demand driven, customer-centric

7. Fund technology pilot projects

8. Have strong IT resources, and are ‘fast followers’

Embrace Technology Friendly Culture

14© ARC Advisory Group

Thank You.For more information, contact the author at

[email protected] or visit our web pages atwww.arcweb.com

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Acronyms Used in This Presentation

APM Asset Performance Management

CMM Collaborative Management Model

CDM Connected Device Management

Cloud Private or Public Data Center

DCS Distributed Control Systems

EAM Enterprise Asset Management

ERP Enterprise Resource Planning

IDE Information Driven Enterprise

IoT Internet of Things

IIoT Industrial Internet of Things

MES Manufacturing Execution System

OpX Operational Excellence

KPI Key Performance Indicators

PLM Product Lifecycle Management

SCM Supply Chain Management

A complete list is available on ARCweb.com