A Journey Towards Autonomous Operations and Operational Excellence
More than ever, market forces and new technologies are bringing unprecedented opportunities to the business environment. Capturing these opportunities depends on your capacity to transform your operations and align the people, processes, and technology aspects of your business.
By combining an understanding of our customers’ businesses, automation, and operational technologies, cultivated over decades, with the latest digital technologies, Yokogawa supports your digital transformation journey toward sustainable, smart, and autonomous operations.
Digital Transformation and Smart Manufacturing
While digital transformation means different things to different people, it has become a mantra for enterprises looking to earn relevance and establish themselves as leaders in the digital economy.
Digital Transformation (DX) is the novel use of digital technology to accelerate business strategy. It is about the application of digital technologies to empower people, optimize processes, and automate systems of the organization to achieve a step-change in business performance.
Digital transformation applied to production and manufacturing is what Yokogawa calls: Smart Manufacturing (Ref.: Smart Manufacturing white paper).
While DX is often viewed as a program with prioritized digital initiatives oriented around business processes rather than point solutions, smart manufacturing is about applying digital enabling technologies to production and manufacturing to allow self-learning, self-adapting, autonomous operations.
From industrial Automation to Industrial Autonomy (IA2IA)
Yokogawa believes for many end users, to achieve their smart manufacturing goals, autonomous operations is the destination.
Autonomous operations can be defined as assets and operations that have human-like learning and adaptive capabilities. They respond without operator interaction to situations that were not pre-programmed or anticipated in the design and ensure all safety-critical functions within a secure bounded domain.
IA2IA is what Yokogawa foresees as the transition from Industrial Automation to Industrial Autonomy. In tandem with its customers, Yokogawa is working to accelerate this transition by offering value to customers in the form of industrial autonomy-based business opportunities and business model creation.
Smart Manufacturing Solutions
Yokogawa provides end-to-end solutions on the journey towards industrial autonomy and operational excellence. We cover the entire value chain of the supply chain, from feedstock sourcing to product delivery, as well as the asset lifecycle of facilities and processes from planning, design, construction, commissioning, and startup to production/manufacturing and maintenance. Our smart manufacturing solutions cover the areas of:
• Operations Management
• Production Optimization
• Supply Chain Management
• Plant Asset Management
• SDGs, Energy Management & Optimization
In manufacturing industries, major potential benefits of digital transformation are increased profitability, reduced costs, and higher productivity. According to research conducted by McKinsey & Co., the estimated effects are as follows:
| Sized Applications | Annually Low Estimate ($ Billion) |
Annually High Estimate ($ Billion) |
Potential Value Gain |
|---|---|---|---|
| Operations Optimization | 633 | 1766 | 5-12% cost reduction |
| Predictive Maintenance | 240 | 627 | 10-40% cost savings |
| Health and Safety | 65 | 226 | 10-25% savings |
| Human Productivity | 69 | 160 | 10% productivity improvement 3-5% productivity gain |
Potential Economic Impact Per Year in 2025 （Reference: McKinsey & Co.）
Partner up with Yokogawa
Every company is unique in how it operationalizes its’ business strategy. So too will be the desired approach to digital transformation, smart manufacturing, and industrial autonomy.
Yokogawa helps organizations achieve their business goals through Co-innovation. It conveys our commitment to co-create value with long term client partnerships to develop solutions that meet business and sustainable development goals.
Yokogawa brings deep and broad experience in operations, process, and technology consulting and services:
- We understand that every company is unique in how it operationalizes its’ business strategy.
- Our engagement model starts with understanding your goals, identifying challenges, quantifying financial impacts, and estimating complexity.
- We offer a design-driven approach to comprehensively understand as-is and desired business processes, human factors, and enabling technologies.
- Quick wins are developed to accelerate implementation and adoption using an expert-curated set of technologies, including cloud, artificial intelligence, wireless sensors, robotics, and IT/OT integration.
- Throughout the process, we continuously develop and tune to deliver value through digitalization.
Leveraging our decades of experience in process manufacturing plus our digital fluency, Yokogawa can be your partner in laying out a digitalization roadmap that thoughtfully considers people, processes, technology, assets, and data.
Related Information
Digital Transformation in Operation and Manufacturing
Digital Transformation Accelerated by Co-innovation
Links to external websites
►Digital Transformation Is Happening
►The fourth industrial revolution will be digitalized
►The IIoT: Instigator of teamwork
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Yokogawa Cloud
Yokogawa Cloud is a industrial transformation and IoT platform to accelerate the development and deployment of industrial cloud applications. Yokogawa engineers platform applications and solutions on behalf of customers. It supports the ingestion, processing, and curation of data from various sources, provides industry-specific algorithms and models and integrates across applications to support insightful decision-making and higher levels of automation.
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Digital Twin
A digital twin is the key to effective decision making, providing deeper analytics technology and strategies to maximize profitability.
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Digital Transformation Consulting
DX Consulting provides advice and support with its global industry experience and vast technical expertise stemming from Yokogawa’s trusted digital technology and KBC’s years of improvement consulting.
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Smart Industry Readiness Index
No matter if you’re just at the beginning or have already started your Digital Transformation journey: the Smart Industry Readiness Index (S.I.R.I.) helps you identify your current ‘digital maturity’ and based on this prioritise your next actions, always with a view to the benchmark for your industry.
Resources
For pharmaceutical companies like Vetter, freezers are extremely important equipment for storing for storing products to be shipped. Yokogawa provided an AI-driven system to detect freezer defects at an early stage.
The industrial world is changing, and it is driven by the application of digital technologies and the power of information to an organization’s people, processes, assets, and systems to achieve a step-change in business performance. We call it a digital transformation (DX). Fundamentally, this transformation is about deriving value from digital data from various sources and assets along with algorithms to make insightful and well-informed decisions. But in the complex world of manufacturing, data doesn’t gets translated into value easily. In fact, most organizations struggle with it and even collect more data than they can analyze, and so they leave much of it untouched. Until we start thinking about better data integration and using advanced big data analytics tools to process (unused) data, it will be difficult to extract maximum value from it. In this whitepaper we will examine the role of (big) data and data analytics in the reformative processes of digital transformation (DX).
Assets and operations will have human-like learning and adaptive capabilities, allowing responses without operator interaction to situations within a secure, bounded domain.
Downloads
Videos
Digital transformation is the novel use of digital technology to accelerate your company's business strategy.
Digital Twin: The Yokogawa Difference While most digital twins today emulate individual assets or devices, the Yokogawa/KBC thought process is far more extensive. In this Eugene Spiropoulos focuses on the powerful, context-driven digital twin concept, which encompasses multiple digital twins emulating not only devices but also systems, processes and human behavior. Benefits extend across the value chain throughout the entire enterprise.
Discover how to achieve industrial autonomy step by step through one of the 75+ inspiring presentations.
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