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