paul stein plenary 2 presentation
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© 2013 Rolls-Royce plcThe information in this document is the property of Rolls-Royce plc and may not be copied or communicated to a third party, or used for any purpose other than that for which it is supplied without the express written consent of Rolls-Royce plc.This information is given in good faith based upon the latest information available to Rolls-Royce plc, no warranty or representation is given concerning such information, which must not be taken as establishing any contractual or other commitment binding upon Rolls-Royce plc or any of its subsidiary or associated companies.
Open Innovation 2.0
The story behind ‘Power by the Hour’
Paul SteinChief Scientific Officer – Rolls-Royce plc
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“Strive for perfection in everything you do. Take the best that exists and make it
better. When it does not exist, design it.”
Sir Henry Royce 1863 - 1933
Rolls-Royce proprietary information
Rolls-Royce proprietary information
3 Shaft Gas Turbine
Permanent Magnet Thruster
Rolls-RoyceLiftSystem®
1904 1926 1940 1954
Rolls-Royce proprietary information
Rolls-Royce proprietary information
We manage a global supply chain of 8000+ suppliers >70% of the value of our gas turbines flows through our supply chain Unlocking innovation in the supply chain is key to reducing costs and increasing competitive advantage 28 University Technology and Research Centres around the world Open Innovation
Nuclear Advanced Manufacturing Research
Centre (NAMRC) Sheffield 2011
Network of Advanced Manufacturing
Research Centres AxRCs
Manufacturing Technology Research Centre Singapore
2011
Commonwealth Centre for Advanced Manufacture (CCAM) Virginia 2012
Advanced Manufacturing Research
Centre (AMRC) Sheffield 2008
Advanced Forming Research Centre (AFRC) –
Glasgow 2010
Manufacturing Technology Centre
(MTC) Coventry 2011
National Composites Centre (NCC) Bristol 2011
Advanced Remanufacturing & Technology Centre (ARTC)
Singapore 2013
Rolls-Royce proprietary information
Rolls-Royce proprietary information
Ser
vice
sIn
no
vati
on
Introduction of Power by the Hour
and TotalCare®
52% of underlying revenue now comes from servicing OEM products
Global Growth Forecast
Rolls-Royce proprietary information
Rolls-Royce proprietary information
Rolls-Royce proprietary information