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Schneider Electric’s EcoStruxure Machine Advisor Unlocks The Potential Of Data For Asia’s OEMs

Schneider Electric’s EcoStruxure Machine Advisor Unlocks The Potential Of Data for Asia’s OEMs

SINGAPORE: Amid the rapid digitisation of manufacturing, machine builders (OEMs) need to provide a better service to improve their customers’ agility and market responsiveness. Therefore, Schneider Electric has presented its EcoStruxure Machine Advisor, a platform that allows OEMs to track, monitor and fix machines remotely as well as enable operators to predict and execute preventive maintenance schedules and improve machine availability.

Real-time Operational Awareness Is A Competitive Advantage

Driven by rapid adoption of connectivity, mobility, cloud computing and big data analytics, digitisation in manufacturing has a huge potential. According to a 2015 McKinsey survey, by 2025 digitisation will reduce time to market by 20 to 25 percent, optimise expertise by 45 to 55 percent, and reduce machine downtime by up to 50 percent.

In this ultra-competitive environment, OEMs need solutions that will improve the connectivity of their machines, giving them real-time operational awareness, and access to their machines in order to optimise their operational efficiency while developing new business opportunities such as in their services business. These benefits need to be passed on to operators, while guaranteeing safety and data security.

Maximising The Value Of Data With EcoStruxure Machine Advisor

Schneider Electric’s EcoStruxure Machine Advisor is able to convert data into key insights for machine builders. “With EcoStruxure Machine Advisor, OEMs gain real-time remote access to their machines, allowing them to add and modify new services to each installed machine at any production site worldwide,” explained Xing Jian Pang, industrial commercial vice president, global OEM and Asia Pacific, Schneider Electric. The device is also able to provide a fully connected framework for reliable machine operation through three key functionalities:

  • Track: OEMs can visualise the location of all their machines, with real-time access to documentationand history, such as bill of materials, manuals, maintenance logs and task management schedules.
  • Monitor: The cloud-based software allows OEMs to collect and visualise machine data in real time,giving a comprehensive analysis of Overall Equipment Effectiveness (OEE), widgets for performance against key KPIs and other trends, and dashboards to monitor machine availability and output quality.
  • Fix: A service enabled by a mobile app to facilitate maintenance and operations with contextualinformation, the help of step-by-step procedures and remote expertise by leveraging augmented reality. Furthermore, this service also provides remote access to the engineering software in the cloud, enabling service technicians to use “Software-as-a-Service” to always have the right version and libraries by hand.

While these functionalities allow OEMs to improve customer satisfaction and innovate with new service offers, EcoStruxure Machine Advisor also gives immediate benefits to operators by leveraging the EcoStruxure Augmented Operator Advisor app. This allows the EcoStruxure Augmented Operator Advisor to put real-time information at their fingertips, whenever and wherever it is needed. Additionally, the custom application can improve operational efficiency with augmented reality, enabling operators to superimpose the current data and virtual objects onto a cabinet, machine, or plant.

EcoStruxure Machine Advisor pilots

The EcoStruxure Machine Advisor has been piloted successfully with many OEMs in Europe and Asia. In Taiwan, Leadermac, a manufacturer of four-side moulders, has incorporated the technology as a digitised solution to improve its service offers and the company is now able to execute early diagnosis and preventive maintenance of its machines, and sell better-connected, more flexible, more efficient and safer machines.

“EcoStruxure Machine Advisor is the future,” said Leadermac president, Michael Chang. “It helps OEMs like us provide better services, such as remote preventive maintenance, alarm monitoring, tooling usage and IoT applications.”

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Schneider Electric Unveils Smart Manufacturing Solutions At Industrial Transformation Asia-Pacific Conference

Schneider Electric Unveils Smart Manufacturing Solutions At Industrial Transformation Asia-Pacific Conference

SINGAPORE: Schneider Electric has unveiled its latest smart manufacturing solutions for the Asia-Pacific region during the launch of the Industrial Transformation Asia-Pacific Conference (ITAP) on 16 October 2018. This builds upon the company’s history in Singapore that began 40 years ago and which saw the company launch its East Asia and Japan headquarters in Singapore.

Mr David Orgaz, Senior Vice President, Process Automation, Schneider Electric Asia-Pacific has commented that, “Schneider Electric is at the forefront of helping companies in their digital transformation journey. Using cutting-edge Industry 4.0 technology, our customers can make informed, data-driven decisions that bring about improved profitability, operational efficiency and a smarter productive workforce – while keeping the operations secure and environmentally sustainable.”

During the ITAP, Schneider Electric will also be showcasing simulations of next-generation Control Command Centres in Oil & Gas, Digital Factory, Consumer Packaged Goods and Water & Wastewater environments and this includes:

EcoStruxure Machine Advisor

Machine builders sell machines to smart factories around the world. These machines are typically deployed with annual maintenance contracts. Thus with this technology, machine builders can track, monitor and even fix remotely deployed IoT-enabled machines from a single dashboard.

Similarly, smart factory operators can gain a bird’s eye view of all their running machines, be instantly alerted if any machine is not operational and analyse collected data in real-time to see if the machines are performing up to par.

EcoStruxure Augmented Operator Advisor

On-site operators can speed up machine maintenance and reduce human error by using augmented reality (AR) to view superimposed data over the different parts of the machines.

By simply holding an AR-powered tablet over the machine, the operator can instantly view data relevant to each machine part.

EcoStruxure Profit Advisor

This IoT-based solution lets companies measure the profitability of their industrial operations, by considering both historical data and real-time data analytics.

EcoStruxure Profit Advisor helps businesses to concentrate and refine efforts which provide the greatest financial returns and savings, predict the profitability of the change processes and minimise potential project risks while eliminating waste.

EcoStruxure Triconex Tricon CX v11.4

The EcoStruxure Tricon CX helps industries achieve safe and available production while improving output and profitability. It is quick and easy to install, configure and operate. This in turn reduces customers’ total cost of ownership by up to 8 percent with its triple redundant, high-availability architecture, inherent redundancy management, online module replacement and change/modification capabilities. It is also proven to help process manufacturers increase ROI by 11 percent.

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Accenture’s Research Report Provides Insights On Effective Digital Technology Adoption

Accenture’s Research Report Provides Insights On Effective Digital Technology Adoption

SINGAPORE: Accenture’s “Delivering Digital Dividends” report identifies value-gaps that organisations should address when adopting and implementing digital technologies. This research report builds on Accenture’s “Combine and Conquer” report from last year, which identified the best combinations of digital technologies to drive maximum business impact. “Combine and Conquer” calculated that companies that implemented those technologies effectively could boost their market capitalisation by 28 percent, on average.

The goal of this new research report is to help clients realise such gains by becoming what Accenture refers to as “Industry X.0” businesses which are defined as organisations that combine digital technologies to drive exceptional efficiency gains, create new, hyper-personalised experiences and enable new business models to drive both top and bottom line growth.

While the report focuses initially on five technologies (artificial intelligence (AI), augmented/virtual reality, big data, blockchain and robotics) found to be widely relevant and applicable across industries, it can be applied to a variety of other digital technologies, including mobile computing, 3D printing and digital twin, among others.

The report has dentified five broad areas related to technology implementation, referred to as “value-triggers,” along with a series of sub-elements for each trigger. The five value-triggers are:

  1. Value Potential. This focuses on the potential costs savings and gains in market cap value that the technology can deliver.
  2. Talent Readiness. This looks at both the existing workforce — in terms of the availability of talent and skills required for development, integration and maintenance of the technology — as well as the current demand and supply for talent with the specific technology skillset.
  3. Capital Adequacy. This considers the growth in venture capital investment, as well as the number of mergers and acquisitions related to the technology over the past three to five years.
  4. Ecosystem Maturity. This analyses the availability of widely accepted standards and protocols for the technology,efforts made to address interoperability challenges, the number of consortiums (academic and industry-specific) formed to advance the technology and the number of start-ups focused on advancing the technology.
  5. Adoption Intensity. This considers a variety of sub-elementssuch as the number of use case applications built using the technology, the number of use cases that have made it to commercial deployment, the estimated growth in technology spend, the number of companies investing in and/or developing the technology or related offerings and C-suite perception of the technology’s ability to improve efficiencies and deliver new experiences.

The value-triggers form the core of the Accenture Digital Dividends Diagnostic, a tool that measures the advancement of the technology against each of the value-trigger sub-elements on a scale of one to five. In which the smaller the number, the lower the advancement of that technology in the context of the particular sub-element of the value trigger. The value-trigger scores can be assessed for specific industries. This enables an enterprise to take necessary measures toward bridging value-gaps in the context of technologies adopted. For instance, a company adopting a technology with a low ‘Talent Readiness’ score can start investing to either build the necessary talent pool within its organisation or tap ecosystems to acquire the talent.

“When investing in a new technology, businesses often focus inward within their enterprise and ignore external factors — such as the available talent pool or industry investment in the technology — that could help them decide if the implementation of the technology is viable or feasible within their organisation,” said Raghav Narsalay, a managing director at Accenture Research, who led the Delivering Digital Dividends research. “The Digital Dividends Diagnostic we developed as part of our research takes the guesswork out of where the roadblocks to technology adoption might be and provides a clear understanding of what you will need to do to manage the implementation of the technology.”

The report notes that disregarding even a single value-trigger can be costly. For instance, the research found that companies that managed the ecosystem value-trigger particularly well are known as “ecosystem engagers”  and could achieve cost reductions per employee that were 2.4 percentage points greater, on average, than those of other companies. Therefore, for the three year period between 2013 and 2016, this translated to cost savings of US$844 million for the ecosystem engagers, on average.

“Given that nearly half of executives surveyed as part of last year’s ‘Combine and Conquer’ research cited an inability to combine rapidly evolving digital technologies as a key obstacle to successfully transforming their business, our new research should help ease their implementation concerns,” Narsalay said.

Aidan Quilligan, a managing director at Accenture and global lead of its Industry X.0 practice, said, “Executives don’t have to understand all the ins and outs of a technology to get the most value from it, but they must understand the broader business landscape around the technology. While there are many excellent frameworks for assessing the internal digitisation readiness of a company, until now you were on your own if you wanted to run an assessment of the external factors that might influence your digital transformation. Our Digital Dividends Diagnostic now makes this possible, providing a framework to help you get maximum value from digital technologies.”

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NTT Com And AVEVA Launch Smart Factory Package To Spur Digital Transformation In Southeast Asia

NTT Com And AVEVA Launch Smart Factory Package To Spur Digital Transformation In Southeast Asia

SINGAPORE: NTT Communications Corporation (NTT Com) and AVEVA announced the launch of the Smart Factory Package in Singapore on 16 Oct 2018. The solution which is powered by AVEVA’s leading industrial software, Wonderware and the NTT Com cloud computing platform ‘Enterprise Cloud’, offers an effective, data driven and cost-efficient approach for manufacturers of all sizes to embark on their digital transformation journeys and aids in streamlining and simplifying operations.

The manufacturing sector in Southeast Asia and globally is undergoing a period of disruption, with industry players looking to exploit advanced technologies to improve productivity and transform business processes. McKinsey recently reported that 96 percent of manufacturing companies in Southeast Asia believe digital transformation will create new business models, yet only 13 percent have begun their transformation journeys. Common obstacles that prevent adoption include a lack of information, internal integration and talent.

By combining the cloud platforms offered by NTT Com and AVEVA, the Smart Factory Package addresses these challenges by allowing Southeast Asian manufacturers to seamlessly kickstart their digital journeys in a cost-effective and scalable manner. The Smart Factory Package takes advantage of the Industrial Internet of Things (IIoT) and combines pervasive network sensors, a scalable cloud platform and advanced analytics capabilities to unlock the value of industrial data. Manufacturers can then leverage the industrial data for business intelligence or decision support, resulting in greater intelligence, efficiency and opportunity.

“The Internet of Things is a major force driving digital business strategies on a global scale. Manufacturers in Southeast Asia cannot risk failing to capture the plethora of opportunities made possible by this technology. The Smart Factory Package is a ready-to-go solution that allows manufacturers to start small and scale up as quickly as needed to help successfully navigate their digital transformation journeys. Partnering with AVEVA marks our continued commitment to meet growing customer demands for disruptive digital solutions, further strengthening our presence in the smart manufacturing market,” said Kiyoshi Matsumoto, Director Cloud and Managed Services, NTT Singapore Pte Ltd.

The launch of the Smart Factory Package is the next step by NTT Com to provide industry leading technology solutions for businesses of all sizes. Manufacturing customers, such as equipment manufacturers, have already reaped the benefits of the NTT Com Enterprise Cloud Computing platform through improved product reliability and reduced maintenance costs.

“The leading Cloud solution by NTT Com complements AVEVA’s asset and operations management software portfolio by offering manufacturers a robust suite of analytics, mobility and IIoT technologies, meeting the basic industry principles of simplicity, fast turnaround and cost control. The Smart Factory Package streamlines how manufacturers can monitor and control their current state of operations – either within a single plant or across the enterprise – with easily consumable and actionable intelligence. By removing information silos, it is possible to improve efficiency and profitability, while maximising return on capital across the manufacturing value chain,” said Doug Warren, Vice President of Strategic Partnership, AVEVA.

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