MAY 2017 Digital Industrial Revolution Bearing Specialists Association Greg Scheu, President ABB Americas
Industrial Revolutions 1 st Industrial 2 nd Industrial 3 rd Industrial 4 th Industrial Revolution Revolution Revolution Revolution 1784 1870 1969 Now • Steam engine • Electricity • Computers • Artificial intelligence • Water • Mass production • Automation • Internet of Things • Mechanical • Division of labor • Electronics • 3D printing production Slide 2 April 7, 2017
Digital technologies are driving new innovation in industrial markets Media is focused on B2C but the growth opportunity is in B2B Virtual/augmented Software-defined Time-sensitive reality machines Machine learning networking Big data Inexpensive computing Cloud computing Cybersecurity Connectivity Blockchain Slide 3 April 5, 2017
“ Eye of the storm” for massive value migration A $4 – 11 trillion digital opportunity by 2025 Range of sized potential Low economic impact High Disruptive technologies will have substantial impact by 2025 (economic impact of 12 most significant technologies, $ trillions, annual) 3.9 – 11.1 1 Internet of Things 3.7 – 10.8 2 Mobile internet 5.2 – 6.7 3 Automation of knowledge work 1.7 – 6.2 4 Cloud technology 1.7 – 4.5 5 Advanced robotics 0.2 – 1.9 6 Autonomous and near-autonomous vehicles 0.7 – 1.6 7 Next-generations genomics 0.1 – 0.6 8 Energy storage 0.2 – 0.6 9 3D printing 1 0.2 – 0.5 Advanced materials 0 1 0.1 – 05. Advanced Oil & Gas exploration and recovery 1 1 0.2 – 0.3 Renewable energy 2 1 Based on top-down estimate of potential net economic benefit, including consumer surplus Slide 4 April 5, 2017 Sources: McKinsey Global Institute
Industrial markets primed to adopt digital technologies Computing + connectivity + cloud + analytics set to unlock value Digital S-Curve Level of digitalization Time Industrial end-market Note: relative size of industry for advanced economies Source: ABB analysis Slide 5 April 5, 2017 Other industries
Accelerating rate of change: new entrants Not “business as usual” Median Age of new entrants to the S&P 500 50 40 30 42 20 22 10 0 2009 2015 Slide 6 April 5, 2017
Customer value Uptime Speed Benefit Yield Safety Security Slide 7 April 5, 2017
Interoperability On-premise, in the cloud, and in an ecosystem Fog Cloud Intercloud ABB Ability™ Cloud Lumada Ecostruxure Edge Edge Predix Mindsphere Device Device Slide 8 April 5, 2017
Security, data, and IP Making solutions and data safe for mission-critical applications 𝑔 (x) =$ Customers own their IP: Customers own their data: No loss of intellectual property Secure systems: Identity Secure operations Measurement data Threat detection You know what we do with your data Secure communications We only share data with your consent Secure updates Secure boot 1 Link to blog post; 2 Link to blog post Slide 9 April 5, 2017
What does it take to win in digital? Mastering the industrial customer Maintenance Service action Plant / equip. health Operation Set points Operational data Control Control signals Measurements From physical to digital differentiation Slide 10 April 5, 2017
Industry SELECTION Improved productivity (<200%), reduced energy (<30%), & longer product life (<30%) Manufacturing execution Connected robots systems Energy assessment Cybersecurity assessment Digital simulation for robot Power quality monitoring & Remote monitoring & deployment demand-response Distributed control systems optimization Slide 11 April 5, 2017
Auto service analogy Digitally connected products and services providing expertise Slide 12 April 5, 2017
Auto service analogy Digitally connected products and services providing expertise Slide 13 April 5, 2017
Auto service analogy Digitally connected products and services providing expertise Slide 14 April 5, 2017
Distributor Opportunity Digitally connected products and services providing expertise Upsell sensors Slide 15 April 5, 2017
Distributor Opportunity Digitally connected products and services providing expertise Upsell sensors Upsell monitoring Slide 16 April 5, 2017
Distributor Opportunity Digitally connected products and services providing expertise Upsell sensors Upsell monitoring Your value to customers increases as solutions advance Slide 17 April 5, 2017
Distributor Opportunity Digitally connected products and services providing expertise Upsell sensors Upsell monitoring Your value to customers increases as solutions advance New models for distribution a win for customers and a win for distributors Slide 18 April 5, 2017
Future blueprint for digital Using connected digital solutions to deliver expertise for customer value Expertise Integrated Data-driven Supported Flexible Connected Secured & Trusted Physical + Digital Slide 19 April 5, 2017
Digital Industrial Revolution Questions & Answers Slide 20 April 5, 2017
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