The Digital Transformation
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- Juniper Beasley
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1 Digital Wind Ecosystem Unleashing Limitless Energy gerenewableenergy.com
2 The Digital Transformation GE Renewable Energy has reimagined the industry with a digital ecosystem that connects big data and machines to the humans who power them redefining revenue growth and operational efficiency through digital innovation and business transformation. 2
3 Digital Wind Ecosystem GE is the world s first digital industrial company, transforming the wind industry with software-defined machines and solutions powered by GE Predix*, the world s first digital industrial platform. Our Digital Wind Ecosystem is an enterprise software solution built on Predix. We apply GE s deep OT & IT expertise to drive customer outcomes of revenue growth and operational cost reductions that s $5 billion in global annual industry value by increasing performance visibility, improving outcome control and scaling collaborative innovation. We are helping wind customers accelerate their digital transformation to fuel productivity and growth. Enterprise software solution to drive $5B global annual industry value with revenue growth and cost optimization: Increasing performance visibility Improving outcome control Scaling collaborative innovation Increase your Business Outcomes with Our Solutions Visibility Control Innovation Outcomes Increase visibility into your fleet with data harmonization and process standardization. Move unplanned to planned maintenance and increase AEP to optimize your resources. Leverage an integrated OT+IT platform with GE design thinking and co-innovation partnerships. Generate measurable results to help drive your business forward. Machine and equipment health monitoring Fleet performance visibility tools Digital inspection services Workforce mobility Cyber security vulnerability assessments PowerUp services Work and outage optimization Reliability management analytics IT integration Advanced forecasting/bidding Edge-to-cloud cyber security Prognostic asset strategy optimization OEM-agnostic digital twin ecosystem Solution co-creation and collaborative development Data monetization Independent and collaborative app development on platform Increased Revenue Decreased Costs Increased Reliability Reduced Risk 3 * PREDIX is a trademark of General Electric Company.
4 Redefining Customer Value GE Renewable Energy s Digital Wind Ecosystem is Redefining Customer Value Leverage demand sensing data, algorithms and innovation platform to drive turbine intelligence and improve outcomes 10,502 62/ /$75MM 75 Turbines enhanced Customers/wind farms around the world Estimated TWh and value (USD) of additional generation Number of sites using digital plan of the day GE4GE 13,500+ assets monitored GE4Customers GE4All Leveraging Digital Wind Ecosystem with: Anomalies resolved yearly 2 0 GW of wind power connected to the Predix Industrial IoT operating system $36+MM Annual O&M savings 6% better forecast = $126K per farm/year C o-innovation of digital wind apps with 4 strategic customers 2-3% AEP across 1.5 GW GE/non-GE fleet Partners (digital solar and prognostic solutions) 1,286 GWh of additional AEP increase, generating $64MM in value O ver 50 wind-turbine specific analytics (and 150+ GED software analytics) 6 Turbine asset models 4
5 Digital Twin GE Renewable Energy is applying Digital Twin technology to scale the Industrial Internet and enable an entirely new way of connecting the physical and digital worlds to improve operations and outcomes. Digital replicas of wind turbines and farms allow us to monitor, analyze and improve the performance. The continuous data collection from the asset sensors allows GE to apply advanced analytics and through self-learning AI, statistics and modeling, and gain unique insights on performance and operation. Digital Twins can predict and respond to customers real-world problems and improve the operational and financial performance of an asset, farm or fleet. More than 700K Digital Twins active today across GE 5
6 Predix Platform From Edge to Cloud, Control Room to Board Room Connect to GE and Non-GE machines, any vendor or vintage 2 Take advantage of cloud economics by leveraging a centrally managed Industrial IoT infrastructure 5 End-to-end cyber, informational and operational security 1 Capture and analyze the velocity, volume and variety of industrial data 3 4 Innovate faster by shortening the app development cycle 6
7 Beginning the Transformation Journey Together Digital Foundry & Hub Locations Paris San Ramon Saudi Arabia Shanghai India Singapore First Step: Design Thinking Session Evaluate your digital maturity as it is today Help you define the opportunity space, frame the right set of problems and explore a new vision Execute field research that targets prospective end-users who provide critical insight to new strategies Iteratively design and prototype the user experience of an outcome-driven Predix based solution 7
8 GE Renewable Energy Digital Wind Ecosystem Unleashing Limitless Energy Renew.GE/DigitalWind 2017 General Electric Company. All rights reserved. GE Renewable Energy reserves the right to make changes in specifications and features shown herein, or discontinue the product described at any time without notice or obligation. Contact your GE representative for the most current information. GE and the GE Monogram, are trademarks of General Electric Company. GEA33168A (09/2017)
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