February 14 – 17 | Napa, California Global Partner Summit ... · Reliance Retail Nationwide...
Transcript of February 14 – 17 | Napa, California Global Partner Summit ... · Reliance Retail Nationwide...
1Global Partner Summit 2017: Competing to Win
February 14 – 17 | Napa, California
Global Partner Summit 2017: Competing to Win
Digital Transformation JourneyEnabling Digital Industrials - Together
George MurphyGlobal Head of Alliances & ChannelsGE Oil & Gas Digital
Digital is Essential to unlock Productivity
Productivity• Digital Thread• Brilliant manufacturing
Apps• Service transformation• Digital enabled CSAs
Platforms• Predix Industrial Internet
Operating System
• Digital twin• Services effectiveness & efficiencies• Design & Innovation acceleration
• Better outcomes for customers• Optimize GE/BHI equipment• Fullstream data analytics
• Leapfrog digital industrial transformation• Industrial strength, cyber security, scale• Predix powered Process & Production
Optimization
GE for GE GE for Customers GE for Industry
Productivity New offerings / business models
New revenue streams / markets
GE for shareholders
A Case Study in Entrepreneurship and Growth…
Reliance: Growth is LifeThe Next Big Growth Initiative:Enabling the Digital Future of India
Journey to a Digital Reliance
Reliance: A Journey of Growth
1957 1966 1977
1980
1991
2002
2004
2007
20091999 2016
RelianceCommercialCorporation500 sq. ft. office
NarodaTextile Unit‘Only Vimal’
IPOUshers in the equity
cult in India
PatalgangaPolyester
&Petrochemicals
HaziraLargest
integrated producer of
Polyester
JamnagarLargest
grassroots refinery
KG D6Gas
Discovery
Global 500First
private Indian
company
Reliance Retail
Nationwide organized
retail initiative
Jamnagar SEZ
Refining hub of the world
Reliance Jio
Digital India
In the last 38 years since their IPO, Reliance has experienced a CAGR of 24.5% in revenue, 27.2% in PAT and 31.6% in market
capitalization.
#1 integratedrefiningcomplex 2nd largestproducer
ofpolyester 4th largestproducerofPTA 6th largestproducer
ofPX 8th largestproducerofMEG
Revenue:US$44.7billion
Refining&Marketing Petrochemicals Oil &Gas Organized
Retail
Media&EntertainmentandOthers
DigitalServices
US$26.6B US$12.3B US$1.1B US$3.2B US$1.4B Jio
Jamnagar- World’slargestintegratedrefiningcomplex1.24MMBPD
Integratedpetrochemicals
playerwithTop10rankingsinkeyproductsglobally
InterestsinonshoreandoffshoreE&PinIndiaandsignificantpresenceinUSshale
Marketleaderwithover13.25MMsq.ft.ofretailspacespreadin686cities
Interestsintelevision,print,internet,film,
mobilecontentandalliedbusinesses
US$25b+investmentsin4GVoLTE telecom;
First50MMsubscribersin83days
Reliance next Big Growth Initiative is Data!!!
All Reliance Growth Initiatives have paid off so far…
Source: Annual Report 2015-2016
RILFoundryCo-Development,Ideation&SolutionShowcase
Governance– ExecutiveSponsorship,ClearRoles&Responsibilities,&RigorousExecutionGE(Predix,APMSuite),Honeywell,Schneider,Siemens,Emerson,andotherpartners
Systemintegrators/partners,R&DData,Process&OperationsexpertiseofRIL+Jio connectivity,datacenter,cloud
DigitalInnovationHubTM
Process
Data Connect
Insights
Optimize
ForRIL(Refinery&Petrochemical)ü Optimization&productivityü Jamnagarroadmapfordigitalrefineryü q Downtime&p Availability
ForIndiaandtheWorldü Cloudconnectivity&solutions- Predix &Jioü O&G,Power,Fertilizer,Telecom&Healthcareü SolutionsforSMEstoimproveproductivity
… by leveraging the best partner ecosystem
Enabling the Digital Future…
Asset Performance Management for Upstream
Largest Predix APM deployment at scale covering systems + platforms
Machine learning + digital twin analytics
Full deployment … cover 400-600 assets and asset classes, deployed 20MM+ tags
Next steps:Expansion into reliability management + inspection
Events, alerts, workflows
Customer challenge Outcomes and valueSolution
$100MM+Bottom line
impact per 1% efficiency
improvement
• Siloed business operations
• Safety concerns
• Reactive to process upsets
Predix APM + O&G extensions providing fleet-wide insights for real-time visibility of global plant operations
1) Excursion and anomaly management
2) Equipment monitoring and analysis
3) Process Surveillance
4) Knowledge repository … best practice sharing
Connected OptimizedInsights
Reduced production deferrals
Contributing to 2-4% higher global operations efficiency
Improved safety, engineering productivity, data visibility and efficient decision making
Outcome KPI 2017 2020Value to
Customer*Value to Segment
Reduced NPT- LNG Reliability 2-3% +1% $40-50M$3-7B
LNG process optimization Production +4% +6% $5-10M
Avoid unplanned downtime Availability 1% 3% $10-20M$6-12B
Reduce OpEx cost- Refining OpEx Cost $30k/d $60k/d $10-20M
Reduce artificial lift NPT Availability +3% +8% $10-25M$5-8B
Optimize lift sizing Production +10% +25% $20-30M
Reduce NPT - drilling Cost/well 10% 30% $5-$15M $15-20B
Maximize ultimate recovery ROA 20% 40% $300-$350M $20-50B
$200bOpportunity for industry
Creating the Fullstream productivity leader for the oil and gas industry
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*Annualized value creation opportunity for average sized opportunity (ie: mid-sized refinery, mid-sized LNG facility, 100 BOPD oil field operation)
Oil & Gas Predix-powered outcomes
GE Oil & Gas Digital 10
• Today, industrial organizations spend $7B annually on point-in time, manual inspections services; $4B is on hardware alone• Corrosion-related issues continue driving unplanned outages to the tune of up
to 30% impact on availability• Refineries spend more than $6B per year globally to address corrosion issues
Corrosion is a multi-billion dollar challenge for industrials
GE Oil & Gas Digital 11
Predictive Corrosion Management
• RightraxPM Installed UT Sensors• Repeatable, accurate corrosion
measurement• Reduce manual corrosion-based
inspection labor • Designed for safety– ATEX certified
Installed UT SensorsContinuous Inspection
• Corrosion and temperature data stored as full A-scan UT data • Powerful trending, modeling & analysis
tools • Risk-Based Inspection (RBI) analysis• Data analysis, reporting & exporting • Cloud-based, APM software solution
• Remote & immediate software updates• Installed sensor maintenance
SoftwarePredictive & Proactive Maintenance
ServiceOngoing Advisory Support
APM
Intelligent data for better decisions Insights into the health of your assets to keep your processes running longer
Manage asset health status for:• Current corrosion rate• Projected corrosion rate• Temperature• Wall thickness measurements
Real-time correlations
Invaluable analytics forecasting remaining asset life for corrosion rate, projected corrosion rate, temperature and wall thickness measurements
GE Oil & Gas Digital 13
Asset integrity where you need it most
Improved Uptime
Reduced Risk
Proactive Maintenance
Reliable Data for Better Decisions
Predictive Corrosion Management delivers:
$6Bspent annually
on corrosion $1.3Bspent on downtime &
equipment failures
30%decrease in corrosioncosts with Predictive
Corrosion Management
What does a Wining Partnership Look Like?
Partner / GE Foundry - Executive Briefing, Training, Co-Develop/Ideation, & Solution Showcase
Governance – Executive Sponsorship, Clear Roles & Responsibilities, & Rigorous Execution
The Importance of a Comprehensive Partner Ecosystem
Global Strategic Digital Transformation Partners
Strategic Technology Partners & Telcos
Operating Technology (OT) Partners
• Leverage complementary Digital Industrial Transformation experience to create better solutions for clients.
• Bring deep understanding of client enterprise architecture & IT Priorities.
• Build repeatable Oil & Gas Industry Solutions to accelerate deals and time to value for clients.
• Leverage strong customer install bases todeliver most relevant solutions for customers
• Create Value Added Bundles involving Predix & Partner products / services to speed time to value
• Delivering facility level solutions extending beyond GE equipment
O&G Digital Industrial Partners
• Defining & Delivering a Digital Industrial Journey - Do it for themselves first as Clients
• Enabling Client to Become Partner and enable Digital Industrial Transformation for Industry / Geography
Independent Software Vendors
(ISVs)
• Extend value of the Predixplatform to clients by working with Oil & Gas specific applications or microservices(solutions) form
Onshore Production
Optimize Production
Offshore Production
Maintenance
Refining & PetroChem
Energy Management
APP Developers
TechnologyPartners
Transportation
Risk
LNG
Plant Performance
Predix
The Partner Ecosystem Converging to Deliver Digital Transformation
Security
Quality
Energy Use
Affordable Technology Efficient Execution
Full Stream Strategic Partners Digital Transformation Journey