2017 Digital Rail Summit 2017 The ‘Internet of Things’ What is it? How does it work? Richard White David Gate Director, Strategic Consulting [email protected] Head of IoT Consulting [email protected] Richard White and David Gate – EAMS Group Digital Rail Summit 2017 About EAMS Group IBM Business Partner 2017 Global Award for outstanding IBM Watson IOT and EAM solution development Specialist EAM Organisation Products and Services based on 10 years’ development across asset intensive industries EAMS Group Solutions and Products benchmarked as world leading Digital Asset Management - Visualisation, IOT and Analytics end to end Platforms across entire asset lifecycle Development partnerships with world leading product vendors ~60 Expert specialised personnel experienced in EAM, Consultancy and Technology Services Unrivalled ROI generated with our clients Richard White and David Gate – EAMS Group Agenda What is the Internet of Things? What are the Benefits for Enterprise Asset & Safety Management? How do we maximise the value of IOT? Digital Rail Summit 2017 Richard White and David Gate – EAMS Group Digital Rail Summit 2017 What is the Internet of Things (IOT) “Internet of Things” – coined by Kevin Ashton of P&G – 1999 “thing” – any object with embedded electronics & network connectivity “internet of things” – a network of “things” communicating with each other, typically with supporting capabilities to extract value (e.g. security, data storage, signal processing/interpretation) Richard White and David Gate – EAMS Group Digital Rail Summit 2017 Why has IoT taken 18 years to reach us? The Internet of Things is a technology tipping point, the combination of newer technologies becoming ever cheaper and more readily available, such as: Internet Connectivity Sensor hardware Cloud Computing Along with Big Data Predictive Analytics Cognitive Computing Richard White and David Gate – EAMS Group Digital Rail Summit 2017 What is the Internet of Things (IOT) An IOT technology stack usually looks something like the following Operational Control Scada BMS etc Mobile Workforce Live Processing & Actions IOT Enabled sensors EAM Gateways & Network Message Broker Time Series Storage/Historian Predictive & Cognitive Toolsets Richard White and David Gate – EAMS Group Digital Rail Summit 2017 What is the Internet of Things (IOT) An IOT technology stack usually look something like the following Scada BMS etc Operational Control Intelligent Operations Centre Live Processing & Actions IOT Enabled sensors Gateways & Network Mobile Workforce EAM Maximo Message Broker Watson APIs Time Series Storage/Historian Watson IOT Platform Predictive & Cognitive Toolsets Richard White and David Gate – EAMS Group Digital Rail Summit 2017 What is the Internet of Things (IOT) An IOT technology stack usually look something like the following Operational Control Scada BMS etc Value Opportunity and ROI Live Processing & Actions IOT Enabled sensors Gateways, Edge Analytics & Network Mobile Workforce EAM Message Broker Current Spend and Trends Time Series Storage/Historian Predictive & Cognitive Toolsets Richard White and David Gate – EAMS Group Digital Rail Summit 2017 Typical Benefits Improve response time to incidents Tune historical preventative maintenance regimes with real time condition/performance Enable predictive Richard White and David Gate – EAMS Group Digital Rail Summit 2017 How do we use IoT in EAM? Get the fundamentals of EAM in place first. “Next generation” Asset Information Specifications FMEA & associated metering points – context for IoT data Asset Systems models – structure for impact & criticality analysis Processes enforced by the system – guarantee data quality Accurate Asset Register – provide the context for IoT data streams Focused IoT deployment – Target Key Assets which fail often and/or have high impact on service, cost or performance Richard White and David Gate – EAMS Group Digital Rail Summit 2017 The EAM IOT Journey Basic IOT (Improved and Streamlined Reactive/Condition Based Maintenance) Automate Scada/BMS data and alarms directly into EAM – create actionable work and/or update asset condition Retro fit IOT sensors to non-intelligent high priority assets Advanced IOT (Predictive and Cognitive Maintenance) Feed sensor and EAM data into predictive and cognitive toolsets to predict failures and move away from reactive and preventative maintenance Plus harness all the operational benefits once the IOT Platform is in place
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