GE “All In” on Digital Strategy

GE “All In” on Digital Strategy

GE Digital continues to build out its platform and ecosystem of applications while new GE CEO John Flannery confirmed his commitment to the digitalization strategy begun under his predecessor.

The sixth Minds + Machines conference featured about 90% growth in attendance from last year. Begun five years ago not long after the company began assembling its digital strategy as a thought leadership gathering, the conference has evolved into a substantial user conference. Attendance was reported at about 3,700 filling much of Moscone Center West in San Francisco.

I’ve summarized the announcements from the event below. My initial takeaway for the biggest news of the day was GE’s emphasis on building a partner ecosystem. As the company built out its Predix platform, it seemed to be on a track for keeping everything close to home. Saying that they could move more quickly to market, they talked about working more with partners. One executive told me that the partnership with Microsoft for Predix on Azure was the most significant announcement of the week.

This is my first time here and reinforces the idea that GE Digital is a major player in the industry segment begging comparison with Siemens. Some thought also ABB (they should not have forgotten Schneider) also.

Most of my discussions involved Asset Performance Management, the new Operations Performance Management (see below), and helping me understand Predix.

Following is a summary of announcements:

Flannery touched on some statistics from a survey concerning the “digital gap” of perceived importance of a digital transformation and how far along companies are.

GE Digital Industrial Evolution Index
The inaugural Index reflects a total score of 63 on a scale of 100 and indicates that while outlook for the Industrial Internet is very strong, scoring 78.3 (out of 100), company readiness significantly lags, scoring 55.2 (out of 100). This disconnect – between outlook and company readiness – presents both a challenge and opportunity for companies seeking to benefit from the IIoT. 86% believe digital industrial transformation is important to the competitiveness of their companies, with the majority (76%) rating the ability to provide higher quality services as the foremost outcome of digital industrial transformation.

GE unveiled expansions to its suite of edge-to-cloud technologies and industrial applications.

Edge-to-Cloud Intelligence on Any Industrial Asset, Anywhere
GE Digital is expanding its Predix Edge capabilities to help run analytics as close to the source of data as possible. Predix Edge gives customers with limited connectivity, latency limitations, regulatory or other constraints a way to deploy applications closer to the originating data.

Enhancements include:
• Predix Edge Manager allows customers to support large fleets of edge devices – up to 200,000 connected devices from a single console.
• Predix Machine enables microservice-based applications to run at the edge on customers’ virtualized data center infrastructure or on server-class hardware from GE or its partners. This also supports Predix Edge Manager, which was previously available only as a cloud service.
• Predix complex event processing (CEP) allows for faster and more efficient analytics and other event processing at extreme low latency, available at the edge in Q1 2018.

Predix Platform on Microsoft Azure
Announced last year and available generally in 2018, GE Digital and Microsoft partnership extends the accessibility of Predix to Microsoft’s global cloud footprint, including data sovereignty, hybrid capabilities and advanced developer and data services, enabling customers around the world to capture intelligence from their industrial assets.

Operations Performance
Alongside its Asset Performance Management (APM) software, the core application, GE Digital introduced Operations Performance Management (OPM), a solution helps industrials optimize the throughput of industrial processes.

OPM uses real-time and historical data – along with advanced analytics – to help customers make better operational decisions. The solution provides an early warning if industrial processes deviate from plan, arms operators with the information and time to troubleshoot operational issues and helps them take preventative actions to meet business goals. GE Digital’s OPM software initially targets the mining industry and will expand to additional industries early next year.

Enhanced Field Service Management Solutions
With service technicians looking to embrace technology to improve their productivity and deliver a better experience for customers, ServiceMax from GE Digital announced several enhancements to its FSM suite – enabling even greater efficiencies and bringing advanced analytics to service operations.

• Artificial intelligence-enabled predictive service times now integrate the Apache Spark AI engine to improve service time estimates.
• Additionally, a new application integration solution enables service providers to launch and share FSM data with third-party mobile applications installed on the same device.
• New capabilities in schedule optimization allow for dependent job scheduling between work orders for multiple visits aimed at improving first-time fix rates.

Predix Studio
GE Digital also introduced Predix Studio to help companies build and scale their own industrial applications and extend its Asset Performance Management (APM) suite. Available in Q1 2018, Predix Studio simplifies the development process by giving customers the ability to extend applications and empower industrial subject matters experts to build apps in a low-code, high-productivity environment.

Digital Twin Analytics Workbench
A solution that applies a library of algorithms and templates to make it faster and easier for companies to build their own digital twins on Predix. The Analytics Workbench, currently a technology preview from GE Power, can be used to augment existing digital twins with new data streams. For example, power producers using drones to inspect wind turbine blades, pipelines or fuel reserves can integrate visual inspection data into the digital twins they already use to manage generation assets and grid infrastructure.

GE “All In” on Digital Strategy

84% of industrial companies face gap between IoT and ERP

There are two types of people in industry—operations technology and information technology. God forbid if they should actually talk with each other.

Everywhere I go there is talk of overcoming the OT/IT divide. Something just crossed my email stream where there was a survey about whether the departments have merged anywhere. They were shocked, shocked I say, that only about 1 in 10 companies have merged the two departments. I think the purveyors of that survey must have been on Mars for the past bunch of years.

These people just have different jobs to do. Different things they are measured on. Different ways they contribute to the common welfare of the corporation. However, the technologies they use are overlapping at an ever greater pace.

Here is a survey that once again reveals what is seemingly a disconnect between IT and OT. But I think that interfacing to ERP systems is non-trivial. I’m actually amazed and heartened by the progress we’ve made to date.

I’d take a look at this survey and consider how far we have come—and yet, how far we still need to go.

IFS has released a primary research study on how the Internet of Things (IoT) affects readiness for digital transformation in industrial companies.

According to survey of 200 IoT decision makers at industrial companies in North America, only 16 percent of respondents consume IoT data in enterprise resource planning (ERP) software. That means 84 percent of industrial companies face a disconnect between data from connected devices and strategic decision making and operations, limiting the digital transformation potential of IoT.

The study posed questions about companies’ degree of IoT sophistication. The study also explores how well their enterprise resource planning (ERP), enterprise asset management (EAM) or field service management (FSM)software prepares them for digital transformation and to consume IoT data within enterprise software.

Respondents were divided into groups including IoT Leaders and IoT Laggards, depending on how well their enterprise software prepared them to consume IoT data—as well as Digital Transformation Leaders and Digital Transformation Laggards depending on how well their enterprise software prepared them for digital transformation.

The two Leaders groups overlapped, with 88 percent of Digital Transformation Leaders also qualifying as IoT Leaders, suggesting IoT is a technology that underpins the loose concept of digital transformation.
Digital Transformation Leaders made more complete use of IoT data than Digital Transformation Laggards; Leaders are almost three times as likely to use IoT data for corporate business intelligence or to monitor performance against service level agreements.

Digital Transformation Leaders were more likely than Digital Transformation Laggards to be able to access IoT data in applications used beyond the plant floor. They were more than four times as lilkely to have access to IoT data in enterprise asset management software, twice as likely than Digital Transformation Laggards to be able to access IoT data in high-value asset performance management software, and almost twice as likely to be able to be able to use IoT data in ERP.

The data suggests a real need for more IoT-enabled enterprise applications designed to put data from networks of connected devices into the context of the business.

In reviewing the findings, IFS Chief Technology Officer for North America, Rick Veague, commented, “Are your planning and maintenance systems robust enough to make real time decisions using IoT-sourced data? Many are facing the reality of having to answer ‘no.’ ”

“Study data suggest that the most common use case for IoT in these industrial settings is condition-based maintenance. The benefits go beyond operational improvements and maintenance cost avoidance,” said Ralph Rio, Vice President of Enterprise Software at ARC Advisory Group. “It increases uptime that provides additional capacity for increased revenue. It also avoids unplanned downtime that interrupts production schedules causing missed shipment dates and customer satisfaction issues. When married to demand and scheduling systems in ERP, IoT becomes a revenue-enhancement tool improving the top line.”

 

GE “All In” on Digital Strategy

Schneider Electric Software Boosts Asset Performance, New Pricing Model, and Cloud Offering

Schneider Electric Software boosts Asset Performance, pricing model, and cloud offering. They called it a Schneider Electric Software Innovation Summit in San Antonio a couple of weeks ago. But as we know, that part of Schneider Electric is moving over to the new AVEVA which will be 60% owned by Schneider Electric. So, is this the last Schneider Electric Software summit, or will all the new company be absorbed at the conclusion of the buyout period?

I had committed to another conference by the time Schneider announced its software one, so I was not there. They did send news releases and I also talked with a friend who was there in order to gauge a little bit of what was happening. One other thing I find interesting. On the process automation side, they are clearly branding the legacy Foxboro name. On this side, not so much talk about Wonderware and Avantis. So I guess there is still some branding flux on the software side of the business.

Key takeaways: Schneider evidently saw a weakness in its asset performance management offering and has partnered with a European leader to add strength to it. Answering the challenge of a newer competitor regarding pricing for software, Schneider announced expansion of its subscription pricing model. The third larger announcement reflects the growing importance (and acceptance) of the Cloud for IT structure.

Short view of the news: 

  • Extends Enterprise APM Offering through New Partnership with MaxGrip: Schneider Electric has partnered with leader in Asset Performance Management (APM) software, MaxGrip, to deliver a more comprehensive asset lifecycle management offering. This expanded offering will include assessment services and risk-based maintenance capabilities, helping customers define and execute APM strategies for maximum return on assets.
  • Extends Subscription Access Across Industrial Software Portfolio: Schneider Electric has expanded its subscription license model, enabling customers to purchase software licenses a la carte, providing greater value, new benefits and access to more industrial software applications than ever before. Subscription Access is now available when purchasing Engineering, Planning, Operations and Asset Performance, as well as Control and Information software solutions.
  • Expands Cloud Platform with New Performance Module: Schneider Electric has announced the continued expansion of its Insight cloud platform, powered by Wonderware Online. The new Insight Performance Module provides Overall Equipment Effectiveness (OEE) monitoring, asset utilization analysis and downtime tracking in the cloud to enable operational efficiency improvement while reducing total cost of ownership.
  • Enhances Manufacturing Operations Management Offering for Mining Industry: Schneider Electric announced enhancements to its Manufacturing Operations Management (MOM) solution for the Mining industry. By introducing real-time production accounting and inventory management, the enhanced solution will improve decision support, planning and reporting capabilities for mining companies, enabling them to meet their digital transformation goals.
  • Powers Roy Hill’s Remote Operations Center to Drive Digital Strategy: Schneider Electric announced the success achieved at independent iron ore operation in Western Australia – Roy Hill. By implementing Schneider Electric’s Mining industry software solution, Roy Hill has been able to consolidate end-to-end operational visibility and optimize its mining value chain.
  • Drives Digital Transformation in Food & Beverage with New Industry Solutions: Schneider Electric announced three new solutions –  Energy Performance, Advanced Process Control and Label Assurance – all aimed at solving industry challenges from growing environmental and sustainability regulations, higher energy costs, consumer demands and product quality and safety standards. The solutions empower F&B manufacturers to simultaneously improve efficiency, quality and performance by delivering real-time visibility, control and intelligence across operations and functional areas.

APM Offering

Schneider Electric announced a new partnership with MaxGrip that will enable a more comprehensive asset lifecycle management offering that includes assessment services and risk-based maintenance capabilities. This expanded offering will be available as part of Schneider Electric’s Enterprise Asset Performance Management (APM) solution.

This solution delivers a comprehensive view of asset health as a first step of an asset reliability strategy that takes into account business context to benchmark current performance and identify areas for improvement. Expert consultants will address a number of key areas of evaluation such as HSE (health, safety and environment), cost control, resource allocation, use of OT/IT systems and asset utilization. These insights will be translated into a pragmatic action plan to optimize production and improve margins while ensuring regulatory compliance.

As a result of this partnership, Schneider Electric can offer enhanced APM capabilities that allow customers to better strategize and optimize maintenance execution according to asset criticality for optimal business results. Risk analysis, what if analysis and asset management strategic review can provide detailed insight into asset reliability and performance, facilitating long-term strategic planning. Users can optimize operations by eliminating reoccurring incidents with root cause analysis, inventory management and strategy simulations to identify hidden inefficiency and drive value across the enterprise. An extensive library of asset reliability data and templates allows up to 90% faster time to deployment.

Subscription Access Across Industrial Software Portfolio

An expansion of the company’s subscription license model – Subscription Access – includes greater value, new benefits and access to more industrial software applications. Customers choosing this offering can benefit from reduced upfront costs, ease of license fee management, access to exclusive products, bundled capabilities and a lower total cost of ownership. Subscription Access is now available when purchasing Engineering, Planning, Operations and Asset Performance, as well as Control and Information software solutions.

Expands Cloud Platform with New Performance Module

Continued expansion of its cloud platform, Insight, powered by Wonderware Online, with new Insight Performance module that provides Overall Equipment Effectiveness (OEE) monitoring, asset utilization analysis and downtime tracking in the cloud.

This Software as a Service (SaaS) offering offers the following capabilities:

  1. Light-weight applications that are easier to install, configure and maintain
  2. Virtually no on-premise servers or hardware requirement

Enhances Manufacturing Operations Management Offering for Mining Industry

The company announced enhancements to its Manufacturing Operations Management (MOM) solution for the Mining industry. This initiative can help optimize the mining supply chain, drive efficiency and maximize utilization of all operating assets, resulting in better profitability.

This data, when made available to domain-specific decision support tools and integrated with supply chain and enterprise resource planning systems, unlocks new levels of intelligence to drive continuous improvement. Eliminating manually entered production values while breaking down pervasive operational data silos can minimize time, errors and costs associated with manual and duplicate data-entry, further enhancing agility and efficiency.

Select improvements of Schneider Electric Software’s MOM solution for the Mining industry include:

  • User selectable point in time feature for ‘Inventory data reprocessing’
  • Data reprocessing has improved performance by 4X
  • New “Calculated Inventory” feature to define custom calculations on captured inventory data
  • Ampla Planner, Gantt Chart usability and user experience enhancements
  • Client response times has improved performance by 2X
  • Wonderware Online InSight connectivity

Powers Roy Hill’s Remote Operations Center

The company announced the success achieved at Roy Hill, an independent iron ore operation in Western Australia. Roy Hill implemented a Schneider Electric Mining industry software solution to consolidate end-to-end operational visibility and optimize their mining value chain.

Roy Hill built a greenfield iron ore mine and mine process plant in the Pilbara region, a heavy haul railway system from mine-to-port, new port facilities in Port Hedland, and a Remote Operations Center (ROC) in Perth. Each of these infrastructure components were designed to meet its capacity of 55 million tonnes per annum (Mtpa) of iron ore.

Most leading mining companies have historically evolved with organizational silos, usually between mines, processing facilities and logistics. In the age of increasing automation, data, and digitalization, these silos often prevent end-to-end visibility and optimization opportunities to realize resource to market potential. Through its efforts, as no small accomplishment, Roy Hill has been able to avoid these pitfalls with the help of its ecosystem partners, including Schneider Electric.

Roy Hill implemented Schneider Electric’s industrial software offering tailored for the mining industry, which included the following specific solutions:

  • Demand Chain Planning and Scheduling (DCPS)
  • Inventory Tracking and Quality Management (ITQM)
  • Delay Accounting (DA)
  • Capacity Simulation Model (Pre-CAPEX Analysis)

Drives Digital Transformation in Food & Beverage

Three new Food and Beverage manufacturing solutions were announced as part of the company’s ongoing effort to drive operational excellence, efficiency and performance while enabling regulatory and food safety compliance.

Food and Beverage and Consumer Packaged Goods manufacturers face a number of challenges, which are potentially impacting profitability. Growing environmental and sustainability related regulations are resulting in higher energy costs. Product yields must continually be improved to meet an increasingly diverse set of consumer demands. Each of these industry challenges must be addressed while maintaining product quality and safety standards to avoid product recalls and ensure continued consumer trust and confidence.

Three new industry solutions from Schneider Electric can help manufacturers to address these challenges:

  • Energy Performance – provides improved visibility into energy usage, enabling opportunities to reduce consumption and costs
  • Advanced Process Control (APC) – allows manufacturers to improve yield and product quality by minimizing unpredictable variations in the drying process
  • Label Assurance – ensures compliance through 100% label inspection checks; reduces recalls

These solutions empower Food and Beverage manufacturers to simultaneously improve efficiency, quality and performance by delivering real-time visibility, control and intelligence across all operations and functional areas.

GE Extends Predix But Where Lies Its Future

GE Extends Predix But Where Lies Its Future

GE has a new CEO coming soon. Jeff Imelt led the industrial push that led to Predix and Industrial Internet of Things, services based upon data, predictive maintenance. He spurred development of GE Digital and the transformation into a software company (check out the TV ads).

The company has announced some extensions to Predix. But we need to wonder where the new CEO will take the company. One software entrepreneur I know unleashed on the company in a LinkedIn post hoping that the new guy would trash Predix and build “something better.” We’ll have to wait and see, of course.

First a little context for one of the announcements.

The facility electrical engineer and I were speculating on an idea of linking measurement of electricity usage at perhaps the bus level for different areas of the plant with machine performance. Perhaps he could detect a machine problem through electrical changes. That was somewhere around 1993.

I quoted something, but we never did it.

Here are the high points of the announcements:

  • GE Digital announces integration of ServiceMax field service management solution and Asset Performance Management portfolio to transform service operations, reduce cost and eliminate unplanned downtime
  • GE Ventures launches Avitas Systems, a new venture that will transform inspection services with advanced robotics, data analytics and artificial intelligence
  • GE Power releases Predix-powered ‘Digital Utility’ to connect real-time machine and operations data with energy trading to drive more profitable utilities businesses

The asset optimization organizations within a plant have a variety of new tools to take them beyond maintenance into an enhanced role. Growth of the Internet of Things and analytics capabilities especially leading into predictive and eventually prescriptive strategies are the keys to the future.

GE Extends Predix But Where Lies Its Future

Asset Optimization The New Frontier Beyond Process Optimization

It is time to think beyond the unit process to asset optimization. Two press releases have come my way in the past couple of weeks from companies who are seeking to expand their product portfolios into ever broadening circles with the theme being adding emphasis on asset optimization.

This release is from Aspen Technology announcing general availability of aspenONE Version 10 software. “The latest Asset Performance Management, Engineering and Manufacturing & Supply Chain software release supports the company’s evolution from process optimization to asset optimization, the next frontier of optimization that makes the best companies even better by driving increased financial return over the entire asset lifecycle.”

If this sounds familiar, Schneider Electric’s Peter Martin has been writing and speaking on this for years. He’s an acknowledged industry visionary. I’ve worked with an industry organization MIMOSA also interested in organizing standards around asset lifecycle. Maybe we’ll begin getting a critical mass around the subject.

Where AspenTech tries to go beyond is to link in design with process and equipment. [Click on the “ad” in the right column of this Website for a white paper describing doing this with standards. We are getting there as an industry.] The aspenONE Version 10 software release includes aspenONE Asset Performance Management (APM).

The integrated suite of APM analytics provides prescriptive guidance to address multiple levels of asset performance:

  • Site-Wide Risk Analysis with Aspen Fidelis Reliability software helps identify asset availability and utilization risks through reliability modeling and simulation.
  • Process Analytics include Aspen Asset Analytics software to assess the root causes of process disruptions, predict future occurrences and prescribe actions to avoid them. Rapidly configured and deployed, prepackaged analytics for column troubleshooting use ensemble modeling to provide operational guidance. Included as well, Aspen ProMV software improves process reliability and asset uptime using advanced multivariate process analytics for continuous and batch monitoring.
  • Equipment Performance Analytics with Aspen Mtell software provides machine-learning analytics that predict when failures will occur, understand why they will occur and prescribe what to do to avoid the failure. aspenONE Engineering Suite Highlights The latest version of aspenONE Engineering software enables asset design optimization across capital, energy, controllability, environmental impact, safety and yield, empowering collaborative workflows that drive sustained profitability.
  • Specialty chemicals and pharmaceuticals companies are making significant investments to rapidly develop and deliver new products to market. Aspen Plus software in aspenONE Version 10 extends modeling from continuous to batch and semi-batch processes to help companies accelerate new product development and optimize production to compete more effectively.
  • Engineering, Procurement & Construction (EPC) companies need to accelerate projects and reduce risk to compete effectively. The new web-based Aspen Basic Engineering streamlines data integration in FEED preparation and improves collaboration across globally distributed teams.
  • Process plants are faced with frequent operational changes and risks to asset utilization. Faster calibration of model to plant data in Aspen Plus and Aspen HYSYS software for operations support reduces operating costs and increase yields.

aspenONE Manufacturing & Supply Chain Suite Highlights Building on the PIMS-AO engine, the new Aspen Unified PIMS features a modern web-based architecture with scalable high performance computing that enables better collaboration and improved insights into model performance.

The first of a family of Unified products envisioned to unify the production workflow from planning to scheduling and performance monitoring, Aspen Unified PIMS will initially be targeted at a specific set of customers identified by the company for the aspenONE Version 10 software release.

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