being a digital industrial by anthony thomas, group chief information officer, ge global, ge digital
TRANSCRIPT
Being a Digital IndustrialAnthony ThomasSVP, Chief Information Officer
General Electric
Twitter@AnthonyAThomas
LinkedIn https://in.linkedin.com/in/anthonythomasa
Digital Transformation - Overview
Deliver outcomes
Consumer ≠ industrial
Talent follows ideas
Assets + devices matter
The Principles
Build digital content
Reform IT
Simplify culture
Industrials trust each other
Industrial productivity
4%
1991 – 2010
1%
2011 – 2015
Meets the Digital Twin
+Physics Analytics
The Idea
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@AnthonyAThomas
The Value to Customers is HugeConnected machines could eliminate billions in waste across industries
Segment Type of savings Estimated valueover 15 years(Billion nominal US dollars)
$30B
$27B
$90B
Commercial
Freight
1% fuel savings
Exploration and development
1% reduction in system inefficiency
1% reduction in capital expenditures
Note: Illustrative examples based on potential one percent savings applied across specific global industry sectors. Source: GE estimates
Industry
$63BSystem-wide1% reduction in system inefficiency
$66BGas-fired generation
1% fuel savings
Aviation
Power
Rail
Healthcare
Oil and Gas
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@AnthonyAThomas
Vertical/horizontal execution. Making scale an advantage.
Horizontal Digital SolutionsWith an ecosystem
Brilliant
ManufacturingPredix OS APM
Service
Transformation
Optimized with vertical domain expertise
AVIATIONRENEWABLE
ENERGYOIL & GAS CURRENTPOWER
ENERGY
CONNECTIONSHEALTHCARE TRANSPORTATION
Enterprise-wide customer adoption
@AnthonyAThomas© 2017 General Electric Company - All rights reserved
Sharing the Digital Industrial blueprint
Apps
Service Transformation
• BP – 650+ connected wells, $3MM in
rev/
wk/well.
• Exelon – $35M deal, 48 states, $6MM-
$11MM/year
• Port of LA – digitize maritime shipping
GE for Customers
Brilliant manufacturing
• Parts supplier savings $25MM
• FieldVision - $200MM reduced
unplanned downtime
• GE Store – aviation analytics to
energy businesses
Productivity
GE for GE
Predix: Industrial Operating System
• Schindler – 200MM data points
collected/
day, reducing elevator wait time up to
50%. Move 1B+ people/day, intend to
connect 1MM elevators & escalators
by 2020
• Lixil - 19K bathroom installations per/
mo, reduce scheduling time 66%
• Gerdau – 11 plants, 600 connected
assets, $4-5MM savings/year
Platform
GE for World
@AnthonyAThomas© 2017 General Electric Company - All rights reserved
The Predix powered world
Technology Global Distribution
Cloud Edge
Ecosystem
Industrial
app store /
economy
Digital
ThreadAPM
Digital Twin
Cybersecurity
Telcos
Resellers
SIs
Technology Partners
ISVs
Architecture
Apps
@AnthonyAThomas© 2017 General Electric Company - All rights reserved
Customer Insights
• 250 Automotive Customers including 8 of the top 10 F500
• +1000 F&B/CPG Customers; 5 out of the top 10 F500 use GE
Software to optimize their manufacturing
• +2500 Heavy Industry Customers (including discrete &
electronics) 9 out of the top 10 F500
• 1000 Chemical Customers including 10 of the top 10 F500
• +500 O&G Customers including 7 of the top 10 F500
• +500 Power Generation Customers including 8 of the top 10
F500
* As of Dec 31, 2016
4.5 / 5.0Customer
Satisfaction Score
~10K Total Customers* | 40% (200) Fortune 500
@AnthonyAThomas© 2017 General Electric Company - All rights reserved
The GE ecosystem – 400+partners signed in 2016
Independent Software
Vendors (ISVs)Technology
Partners
Strategic Systems
IntegratorsSoftware
Representatives/Reselle
r• Revenue & Renewal
• Customer Time to
Value
• Force Multiplier
• Influence &
Relationships
• Deep Industry
Expertise
• Global Scale
• Customer Influence & Relationships
• Go-to-market 3-tier approach
• Channel Evolution
• Joint Research & Development
• Joint go-to-market partnerships
• Deep Industry Expertise
Create Market
and Shared Revenue
Mindshare, Pipeline,
Orders, Customer Stories
Accelerate Mid to
Low Markets
Accelerate Product
Roadmap, Source,
Influence
@AnthonyAThomas© 2017 General Electric Company - All rights reserved
An outside perspective
“Predix may become for the
industrial internet of things (IoT)
what Microsoft Windows
became for personal computers
if GE has
its way.”
- Clint Boulton, CIO
“GE Is the best example today
of a company that fully
understands the potential of
#digital.”
– Nigel Fenwick, Forrester
“GE’s investments in its digital/technology offerings coupled
with GE’s large installed base of industrial assets globally
resulting in a competitive advantage for the company.” – Citi
Research
@AnthonyAThomas© 2017 General Electric Company - All rights reserved
Digital HubsEcosystem that engages with customers, business units and partners to deliver outcomes for GE.
We are building the bridge between Digital and Industrial
Reinventing Work Linking Personas to Assets
• Connecting Machines, Data & People
• Building Business outcomes
Tomorrow’s Digital Leaders
• From Generalists to Technologists
• Develop Digital DNA
• Vertical to Horizontal
• Project management to Product Development
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@AnthonyAThomas
Talent Transformation - GE,125 year Old start upOur entrepreneurial culture allows people to work in small teams, move around and collaborate to
build new products, constantly experimenting and iterating, all while enjoying the unparalleled
resources, industry knowledge, data and brand of the innovative 125 year-old company that built the
first light bulb, jet engine and x-ray machine
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@AnthonyAThomas
We are Hubs of Transformation
This is a story of transformation, both inside and
outside of GE. The GE Digital Hubs are a
transformation for the company and the Digital
Industrial. They are a transformation for the culture of
our people.
We recognize change and we embrace it, because
we know that’s what drives us. The power of
collaboration, inspiration and thought. We drive
change to be the pioneers for the future of the digital
industrial. One breakthrough at a time, one person at
a time.
For our businesses and for customer outcomes,
we are Hubs of Transformation.
We are
writing
it
There is no
blueprint
for a Digital
Industry
Creating a
new
category of
jobs
Digital
Industrial
jobs
It’s
messy
and
ambiguous
“Perfection”
will kill
speed and
progress
Fit it
and
pivot
We
hope
to fail
fast
This
is a big
horizontal
play
That is
also
vertical
Deliver results in an
uncertain world
Empower & inspire
each otherCustomers determine
our success
Stay lean to
go fast
Learn & adapt
to win
Digital Industrial Transformation
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@AnthonyAThomas