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What is possible? Innovating Safety Through Analytics Richard Phillips, GE

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Page 1: Richard Phillips, GE - HeliOffshorehelioffshore.org/wp-content/uploads/2015/02/Day2... · Richard Phillips, GE. Digital Industrial Revolution in Full Force By 2020: 152 M Cars connect

What is possible?Innovating Safety Through Analytics

Richard Phillips, GE

Page 2: Richard Phillips, GE - HeliOffshorehelioffshore.org/wp-content/uploads/2015/02/Day2... · Richard Phillips, GE. Digital Industrial Revolution in Full Force By 2020: 152 M Cars connect

Digital Industrial Revolution in Full Force

By 2020:

152MCars connect to the

internet…6 fold increase

10BInternet connected

light bulbs

+1BGrowth in the installed Base of Smart Meters

108BTerabytes a day

generated by GE machines

Page 3: Richard Phillips, GE - HeliOffshorehelioffshore.org/wp-content/uploads/2015/02/Day2... · Richard Phillips, GE. Digital Industrial Revolution in Full Force By 2020: 152 M Cars connect

Offshore

Production

Refinery

Conventional

Production

Petrochemical

Pipeline

Unconventional

Production

LNG

Enterprise

OEMs

Operators

Oil companies

/ refineries

Page 4: Richard Phillips, GE - HeliOffshorehelioffshore.org/wp-content/uploads/2015/02/Day2... · Richard Phillips, GE. Digital Industrial Revolution in Full Force By 2020: 152 M Cars connect

RELIABILITY Increase availability and longer asset life

COST REDUCTION

Lower operating costs with greater efficiencies

RISK MITIGATIONLower operations and financial risk

PROFITABLE GROWTH

Increase production for market advancement

Ubiquitous connection

SINGLE VERSION OF THE TRUTH

Proactive maintenance

NO SURPRISES

CONSISTENCY

Deep business insights

OPTIMIZED PERFORMANCE

Greater profitability

…ULTIMATELY DRIVING

Operators need…

Page 5: Richard Phillips, GE - HeliOffshorehelioffshore.org/wp-content/uploads/2015/02/Day2... · Richard Phillips, GE. Digital Industrial Revolution in Full Force By 2020: 152 M Cars connect

Asset Performance Management…GE’s Vision

Machine to Enterprise connectivity

Enterprise Industrial Data Management

Asset Visibility Monitoring and

Analysis Predictive Analytics Safety Analytics

Performance Analysis

Collaborative Workspace

Maintenance Strategy

Safety strategy optimisation

Connect, collect and organize your

Data

Monitor, Analyze and Predict Problems

Optimize Equipment and Organizational Performance

Get Connected Get Insights Get Optimized

Page 6: Richard Phillips, GE - HeliOffshorehelioffshore.org/wp-content/uploads/2015/02/Day2... · Richard Phillips, GE. Digital Industrial Revolution in Full Force By 2020: 152 M Cars connect