reinvent possibility with industry x - jef...accenture has integrated several digital initiatives,...
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INDUSTRY X.0DIGITAL CAPITAL PROJECTS
Copyright © 2019 Accenture. All rights reserved. 2
1932 RCA BuildingNew York Herald Tribune
2017 Salesforce TowerSan Francisco Chronicle
LOOKING AT CONSTRUCTION PROJECTS TODAY, I DO NOT SEE MUCH DIFFERENCE IN THE EXECUTION OF THE WORK IN COMPARISON TO 50 YEARS AGO.
John M. Beck
CEO, Aecon Group, Canada
2016 World Economic Forum
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LAGGING CONSTRUCTION PRODUCTIVITY
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▪ 25% of projects came within 10% of their original deadlines1
▪ 31% came within 10% of the original cost baseline1
▪ 98% of mega projects become delayed or overbudget including 77% that are more than 40% behind schedule2
What Are Some of the Causes?
▪ Cyclical industry with low profit margins discourages investing to improve, including a lack of technology investment
▪ Inefficient job site design
▪ Poor logistics management
▪ Design induced rework
▪ Lack of skilled labor1: Source: KPMG Global Construction Survey 20152: Source: McKinsey Construction Productivity Imperative, 20153: Source: “Can we fix it?: The construction industry’s productivity problem”, Economist, August 17th 2017
OUR WORLD IS UNDERGOING A FUNDAMENTAL SHIFT TO THE NEW…
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NEW WORLDInformation abundant
Dynamic networks
Collaborate to win
OLD WORLDInformation scarce
Static hierarchies
Compete to win
Individual productivity
Focus on planning ahead
Efficiency of process
Collective value creation
Experiment, learn and respond
Effectiveness of outcomes
… AND DIGITAL IS ACCELERATING THIS SHIFT IN INDUSTRY EXPONENTIALLY
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Mainframe
Client-server & PCs
Web 1.0 ecommerce
Web 2.0, cloud, mobile
IoT & smart machines
Artificial intelligence
Quantum computing
Big data, analytics, visualization
To
da
y
1950 1960 1970 1980 1990 2000 2010 2020 2030
A.I
1964: System/360
Server/Host1972: SAP
1977: PC
1991: Public Internet
1994: Amazon
1990: System/360
1999: Saleforce.com
2005: Web 2.0
2006: AWS
2008: iPhone
Public Cloud Mainstream
1950: Turing Test
Quantum
1969: ARPANET 1997: Big Data 1999: IoT, M2M
2010: Self Driving Cars
2007: IBM Deep Blue
2014, IDC: 4.4 Zettabytes of Data
2010: Sales of PC Peak
2016: Pokemon Go
TO CAPTURE TRAPPED VALUE, COMPANIES NEED TO ADOPT A DISCIPLINED AND PROGRAMMATIC APPROACH TO CHANGE
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Rotation to the New is a deliberate and perpetual journey, not a single event
TRANSFORM THE CORE BUSINESSTo drive investment capacity…[What is required just to stay viable? What is required to increase profits?]
GROW THE CORE BUSINESSTo sustain the fuel for growth… [What is required to drive top-line growth in the core business?]
SCALE THE NEW BUSINESSESTo be responsive to obsolescence of old businesses… [How to build an Innovation Architecture into the business that is reflective of its own specific S-Curve?]
PIVOT WISELYTo get the timing, scale and direction of investments right… [How to manage investment processes and capital allocation over time in the core business and in the new business?]
Ente
rpri
se V
alu
e
Re
leas
e
Time
DIGITAL SUPPORTS BUSINESS TRANSFORMATION BY CREATING VALUE AT SCALE
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Unleashing the power of your people and culture to enable change (they want to experience better ways to work)
Distributed innovation on the existing operating model
Leadership participation in applying industry skills to imagine the future and commitment to a smart pivot at pace
Digital is an ecosystem effect so look for and adopt good ideas and solutions from others
WE ARE ENTERING THE INDUSTRY X.0 ERA, CONVERGING INFORMATION AND OPERATIONAL TECHNOLOGY
1970 –RECENTINDUSTRY 3.0Electronics and IT for automation of production and front/middle/back office
TODAYINDUSTRY 4.0Cyber physical production systems
20TH CENTURYINDUSTRY 2.0Mass production based on the division of labor and powered by electrical energy
18TH CENTURYINDUSTRY 1.0Mechanical production powered by water and steam
TOMORROWINDUSTRY X.0
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RECOGNIZED AS WORLDWIDE
LEADER BY INDUSTRY ANALYSTS
YEARS OF EXPERIENCE
IN DESIGN, MANUFACTURE AND SUPPORT
INDUSTRY X.0PROFESSIONALS
#1 25+ 10,000+
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INDUSTRY X.0THE FUTURE OF MAKING THINGS BETTER
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DESIGNENGINEER
MANUFACTURECONSTRUCT
MAKEOPERATEDELIVERSERVICESOURCE
OIL & GASCHEMICALS
MININGPOWER GENERATION
THINGSCITIES
TRANSPORTATIONMEDICAL TECH
SERVICES
ON DEMANDFASTER
SMALLERSAFER
BETTERCLEANERCHEAPER
SUSTAINABLESMARTER
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DOLLARS OF E&C CAPEX UNDER
INFLUENCE
$8BGLOBAL CAPITAL
PROJECTS CLIENTS
PRACTITIONERS GLOBALLY
120+ 1,000+
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HOW MIGHT WE LEVERAGE DIGITAL TO TRANSFORM CAPITAL PROJECTS?
DIGITAL CAPITAL PROJECTS UNLOCKS THE POWER OF INNOVATION IN THE FACILITY LIFECYCLE
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• untangles complexities in the engineering & construction process
• optimizes budgets, resources, and timelines
• increases the ability to innovate through the facility lifecycle
▪ Break down inherent barriers and gaining more control to influence productivity
▪ Create the digital ecosystem across partners, contractors, subcontractors and suppliers
▪ Manage information across multiple channels including IT/OT, workflow, communication
▪ Empower people to make informed decisions and supplementing the workforce’s capability and capacity
REIMAGINING THE WAY CONSTRUCTION PROJECTS ARE EXECUTED
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TRANSPARENT
REAL-TIME
COLLABORATIVE
PREDICTIVE
INTELLIGENT
CONVERGENT TECHNOLOGIES ENABLE DIGITAL CAPITAL PROJECTS
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Cloud
IIOT
Mobile Applications
Data Mining and Advanced Data Analytics
Predictive Analysis
Artificial Intelligence and Machine
Learning
Advanced Process Automation
Robotics and Robotic Process Automation
(RPA)
Video Analytics and Drones
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DIGITALIZATION OF CAPITAL PROJECTS HELPS ADDRESS KEY CHALLENGES
Time to Value
Design Reuse
Standards Simplification
Lean Construction
LifecycleValue
GlobalDelivery
Digital EngineeringA well synchronized platform aligning data across multiple project stakeholders and project lifecycle phases to build a digital model that ensures streamlined processes, better interoperability and improved data integrity
Digital Project Supply ChainCloud based solutions to support contracting and procurement strategy enhanced with collaboration, analytics and mobility services
Digital ConstructionThe use and application of digital tools to improve the process of delivering and operating a safer, more efficient and more collaborative built environment
Digital Project Management & ControlCloud solutions with supporting services for project controls, consolidating portfolio data with enhanced analytical and collaborative tools
CAN ADDRESS…….
…LEVERAGING DIGITAL ENABLERS
…BY DEFINING A DIGITAL CAPITAL PROJECT
Digital Thread
Digital Twin
Digital Worker
Robotics
IoT Integration
Data Driven Insights
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KEY ENABLERS TRENDING IN INDUSTRY
DigitalThread
Digital connection of data and information throughout the capital project lifecycle
Robotics
Both virtual software and physical robotics enabling automated
Digital Twin
Digital replica of physical asset that lives and evolves over its lifetime
IoTIntegration
Analyze structured and unstructured data within and across projects
Digital Worker
Connecting engineers, supervisors, field workers and data
Data driven Insights
Analyze structured and unstructured data within and across projects
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DIGITAL IS DISRUPTING ESTABLISHED APPROACHES AND ACCELERATING INNOVATIVE VALUE-CREATION IN CAPITAL PROJECTS
What tools people use in the work site…
How entire processes are executed…
Where applications are hosted and data is stored…
Where people work…
How technology and services are bought…
Who does the work…
Who makes the decisions…
Which players are involved in the value chain…
How teams communicate and collaborate…
DIGITAL THREAD DIGITAL TWIN
DIGITAL WORKER
ROBOTICS
IOT INTEGRATION
DATA DRIVEN INSIGHTS
Digital Disruptors
DIGITALLY ENABLED CONSTRUCTION SITE
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“Smart” Machines
Real-Time Inventory Tracking
Intelligent Vehicles / Telematics
Jobsite Human Resources
Mobile Field Force
Interactive Job Trailer
Environment and Safety
Project Control and Analytics
Video Analytics
BIM/Asset Lifecycle Management
Autonomous Quality
Digital tools and techniques to accelerate innovation, reduce risk and create value in large capital projects
INDUSTRY X.0THE FUTURE OF MAKING THINGS BETTER
20Copyright © 2019 Accenture. All rights reserved.
DESIGNENGINEER
MANUFACTURECONSTRUCT
MAKEOPERATEDELIVERSERVICESOURCE
OIL & GASCHEMICALS
MININGPOWER GENERATION
THINGSCITIES
TRANSPORTATIONMEDICAL TECH
SERVICES
ON DEMANDFASTER
ON TARGETSAFER
BETTERCLEANER
EFFICIENTLYSUSTAINABLE
SMARTER
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CONSTRUCT PLANTSEFFICIENTLYTransform field processes with digital forms, mobile and wearable devices, and digital workflow tools
• Reduce rework (due to double entry, quality errors, etc.)
• Enhanced collaboration and improved decision making
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…to the Connected Worker
From Manual, Paper Driven Processes…
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ENGINEER PLANTSFASTERRapidly extract engineering information from legacy content
• Computer vision and text analytics to extract information
• Use to jump start brownfield projects, reliability improvements, data handover, cleanup, etc.
• Self learning AI to continuously improve
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CONSTRUCT PLANTSSAFERCreate safer work environment during heavy lifts
• Highly precise position tracking of workers and load
• Integration with crane telemetry
• Increases awareness of the cone of exposure
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CONSTRUCT PLANTSEFFICIENTLYIncrease efficiency and transparency site operations
• Insights, alerts surfaced from previously unseen data to site supervisors in real-time
• Individual and aggregate data to drive continuous improvement and efficiency
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MANAGE PROJECTS BETTERIncrease productivity with timely identification of issues
• Daily scanning to capture reality in field
• Images captured via robot/drone or field worker cameras
• Estimate progress and inspect for quality issues
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26Copyright © 2019 Accenture. All rights reserved.
GETTING STARTED
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WHAT DRIVES INNOVATION SUCCESS
TTALENT
x RRESOURCES
PER COLLISION
CCOLLISIONS
PER TALENT
IMPACT
PER RESOURCE
Ix x
Skillsetthe right, technical skills
Mindsetinterest in innovation
Diversityexposed to different world views
Densitycritical mass of talent
Culturein the right environment
Partnersconnected to outside world
Capitalaccess to funding
Sponsorshipnon-financial support
Infrastructuretools needed to test ides
Skillsetproject delivery
Mindsetfinal solution roll-out
Communicationmarketing innovation success
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IDENTIFY OPPORTUNITIES
DESIGN & DEPLOY TO PROVE VALUE
SCALE TO UNLOCK ENTERPRISE VALUE
1 2 3
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PROCESS• Assessing impact on processes
(complete / partial elimination or redesign)
VISION• Vision and roadmap• Flexible roadmap• Quick wins that capture
benefits built into strategy
KEY SUCCESS FACTORS FOR DIGITAL CAPITAL PROJECTS
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FINANCING• Managing around market conditions • Well defined business case
TECHNICAL• Understanding existing gaps that
need to be filled in current capabilities (e.g. data quality / gaps)
• Recognize master data management importance
ORGANIZATION• Integrated governance• Clear ownership • Senior champion• Understanding organizational impacts • Manage competing initiatives• Site alignment / pull
30Copyright © 2019 Accenture. All rights reserved.
THANK YOU
ANDY WEBSTERMANAGING DIRECTOR – INDUSTRY [email protected]
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Industry 4.0 is the platform on which 12 digital technologies meet the manufacturing shop floor to operate the plant more efficiently and more securely:
Accenture has been nominated Top Company for excellence in Industry 4.0 Innovation and Execution
Accenture has integrated several digital initiatives, such as blockchain, security, AI, etc., with Industry 4.0 offerings along with the capabilities of a number of acquired organizations specializing in these areas. Accenture
Industry 4.0 integrates the expertise of more than 10,000 professionals.
Accenture
IBM
HCL
Infosys
Wipro
TCS
L&T TS
Altran
Atos
Cognizant
Tech MahindraGenpact
WINNER CIRCLEHIGH PERFORMER
S
HIGH POTENTIALS
EXECUTION POWERHOUSE
Excellent in Innovation and ExecutionInvesting in Innovation
ACCENTURE TOP COMPANY FOR EXCELLENCE IN INDUSTRY 4.0 INNOVATION AND EXECUTION
Copyright © 2019 Accenture. All rights reserved.
DIGITAL ENGINEERING & CONSTRUCTION
DIGITAL ASSET
DIGITAL WORKER
DIGITAL PRODUCTION
DIGITAL VALUE CHAIN
OPTIMIZATION
Manufacturing Internet of Things
Data Analytics
Video Analytics
Automation
Digital Clone
Virtual Reality
3D Printing
Artificial Intelligence Augmented Reality
Robots Cybersecurity
Cloud
Building all Capabilities Execution is ahead of Innovation
WE PUT INNOVATION AT THE CENTER OF OUR CLIENT RELATIONSHIPS
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Our Innovation-led architecture is able to address innovation needs across all layers of client’s organizations
RESEARCH VENTURES LABS STUDIOS INNOVATION CENTERS
DELIVERY CENTERS
Trends Investment & Open Innovation
Research & Development
Solution Innovation
Use Case & Assets
Industrialization
Ideate through thought
leadership
Shape Emerging
technologies
Prototype through applied
R&D projects
Build with speed and agility
Re-usewith clients
Industrialize sale & delivery
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ACCENTURE INDUSTRY X.0 –BUILDING ON OUR SUCCESS IN INDUSTRY
LEADING MARKET
POSITIONING
UNMATCHED INDUSTRYEXPERTISE
ECOSYSTEM OF STRATEGIC
ALLIANCES
CULTURE OF PRODUCT
INNOVATION & DESIGN
33Copyright © 2019 Accenture. All rights reserved.