Analytics for improved OEE, Improved innovation, Reduced risk
Much of the modernization effort will come with a better understanding of the manufacturing process. That requires data, and data capture requires better connectivity to the sources of manufacturing data.
IT has been connecting, capturing, and providing automated analysis of data for many years. If they can do this in the plant, then operational excellence can be measured and improved. Innovation can be implemented faster, and risk to product, productivity, and workers can be reduced with that knowledge.
But the operational environment is different than a typical IT space. Success will only happen when IT can partner with their OT (Operational Technology) peers in the factory.
In utilities, top line revenues are not growing as they once did, and the pressures to drive down costs continue to rise.
But driving down costs requires investments as well, and while modernization is clearly the path forward, it does generate some risk. Macroeconomic and political forces are unavoidable—people want cheaper and cleaner—but without sacrificing reliability.
There are so many different opportunities to make improvements—across all stages in the generation, transport, and distribution of power. Utilities have to balance the advantages of modernization with the capital expenses that each new investment requires.
And each change means something new to a previously stable environment.
Funding model, Operational cost reductions, Unregulated opportunities
Grid modernization, Increasing grid reliability, Cybersecurity/risk, Worker safety
Mandates for renewables, Clean power plan, Prosumers, Electric vehicles
We understand that there are challenges everywhere. Most industrial environments are well established and built at a time that did not consider the implications of a broadly connected system.
Some of those systems are rather old and built without much attention to security considerations. They were designed to maximize operational efficiency and resilience—not to anticipate, detect and remediate the types of threats we face today.
If you could just lock everything down, then you would reduce the exposure. But to compete today, businesses are moving in the opposite direction—bringing more and more of their operations online in order to improve understanding and predictability. The result is that we are rapidly connecting systems—and increasing risk by doing so.
So how do you address the continuous operational challenge while still securing the overall system?