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Liberate Your Data Francois Laborie – CMO Head of Partner Engagement November 22 nd 2017

Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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Page 1: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

LiberateYourData

FrancoisLaborie– CMOHeadofPartnerEngagementNovember22nd 2017

Page 2: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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OurVision Liberateindustrialdatatoredefinetherealworldfromdailyroutinestobusinessmodels.

2

Page 3: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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TheLargestCompaniesbyMarketCapTheoilbaronshavebeenreplacedbythewhizkidsofSiliconValley

Masteryofdataandtechnologyhasledtothemostrapidshiftineconomicmodelseverexperiencebyhumanity.

Top5PubliclyTradedCompanies(byMarketCap)

Nov2017

$806B $679B $608B $497B $467B

2011

$406B $376B $277B $237B $228B

2006

$446B $383B $327B $293B $273B

2001

$406B $366B $277B $237B $228B

TechOil Others

Page 4: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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SystematicuseofvastpoolsofdatacombinedwithmachinelearningenablesnewandimprovedbusinessmodelsbeyondB2CintotheB2Bindustrialworld

4

Page 5: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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SpaceX autonomousrocketlearnedfromitsinitialfalterstoembarkinan

unbroken18successfullandingofFalcon9firststageasofOct’17.

5

Page 6: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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AwardedGlobalCommercialLaunchbyMarketShare

Theresult:

Completedisruptionofthecommerciallaunchindustryinjustafewyears.

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2010 2011 2012 2013 2014 2015 2016 2017 2018

Japan

SEALaunch

China

Russia

Europe

OtherU.S.

SpaceX

ChartpresentedtotheHouseSubcommitteeonSpace,ScienceandTechnologybySpaceXVicePresidentTimHughes

Page 7: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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DigitalTechnologiesareherealready.Howtounlock

them?

AdditiveManufacturing

CyberSecurity

Robotics&automation

MobileConnectivity&AR

VirtualReality

CollaborativeTechnologyPlatforms

BigData&Analytics

CloudComputing/Storage

3DScanning

Real-timeCommunicationand

AssetTracking

UnmannedAerialVehicle

Pervasive,lowcostSensor

Page 8: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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AdditiveManufacturing

CyberSecurity

Robotics&automation

MobileConnectivity&AR

VirtualReality

CollaborativeTechnologyPlatforms

BigData&Analytics

CloudComputing/Storage

3DScanning

Real-timeCommunicationand

AssetTracking

UnmannedAerialVehicle

Pervasive,lowcostSensor

Algorithms&Models

Page 9: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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McKinseyestimatesthatthroughactivitieslikeusingbigdatatoanalyzetheperformanceofvariousproductionplatforms,oilcompaniescanimprove:

$11/barrel

PROFITS

$300Billion/year

2025

Page 10: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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Wherearethelargescaleoperationalizationprojects?

Pilot

ProofofConceptTestRun

CaseStudyProject

Page 11: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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“Wedon’thavebetteralgorithms thananyoneelse; wejusthavemoredata”Google’sChiefScientistPeterNorvig

Page 12: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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Liberateyourdata

McKinseyAdvancedAnalyticsexpertsestimatethat80to90%ofalladvancedanalyticsprojectstimeinassetheavyindustriesisspentgatheringandcleaningthedatanotbuildingmodels.

Googleestimatesthetimelostto75%acrossindustries.

Gatheringdata

Buildingmodels

TimeSpentonDataScienceProjects

EverynewAdvancedAnalyticsprojectstartsfromzeroagain.

Page 13: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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Aworldofsilos

• OilServicesprovider:− 100operationaldata systems.− 4.800activeintegrations.

− 500connectionsrebuilteveryyear.

• LargeO&GOperator:

− lessthan60%of4MsensorIDscanbemappedtoequipment.

− Backfillingofhistoricaldataimpossibleatscale.

Datalayer

Dataingestion

AdvancedAnalyticsDashboards DataVizualisationApplications

Enduser

Datasources

Page 14: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

Cognite’sContribution

14

Page 15: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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Removethesilos

Datalayer

Dataingestion

Adavanced AnalyticsDashboards DataVizualisationApplications

Enduser

Datasources

Needasingleintegrationforalloperationaldataanalytics

HORIZONTALDATAPLATFORM

• OilServicesprovider:− 100operationaldata systems.− 4.800activeintegrations.

− 500connectionsrebuilteveryyear.

Page 16: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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Othercontext:weather,satelliteimages,maps++

Maintenancelogs,ERPdata

3Dmodels

P&IDs

Equipmenthierarchy

Sensormetadata

Sensorvalues

Bar,C,F,Hz

Type Compressor

Manufacturer WILCO

S/N 89267000123

Automatedcontextualizationalgorithms

Currentresultsshow90%positivemapping

• LargeO&GOperator:

− lessthan60%of4MsensorIDs canbemappedtoequipment.

− Backfillingofhistoricaldataimpossibleatscale.

Page 17: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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Alvheim

Sampleusecase:DataLiberationforallAkerBPoperationaldata

• AlloperationaldatafromallAkerBP operationsavailableinthesysteminstantly(morethan350.000sensors,0,5Tn datapointshistoricalandlive).

• Backfillperformedinweeksfromhistorians.

• Alllivedataavailablewitha2-300msdelayforfreshness.

• Combinedwithcontextualdata:− Tagmapping− Allavailable3Dassets− P&IDprocessfiles− Maintenancemodules− ERP

17

Skarv

JohanSverdrup

Valhall/Hod

Ula/Tambar

IvarAasen

Page 18: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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TheCogniteDataPlatformisanenablerforDigitalizationacrossindustries

ClearstrategyDevelopworld-classhorizontalIoT dataplatformmakingdataastrategicassetforindustrialcompanies

Cognite

Lighthousecustomer– realfromday1Cognite IoT DataPlatformdevelopedbysolvingrealbusinessproblemsbasedonrealdataforAkerBP

UniquelytalentedteamCombiningfoundersofseveralcompanies,world-classtechandbusinesstalent

SolidownersprovidingindustrialbackingOwned70%AkerASAand10%AkerBP– industrialcredibility,accesstoglobalnetworkandfunding

Page 19: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

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… andone morething

Democratizeaccessto3Dmodelsandoperationaldata

Page 20: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

• The largest game development competitionfor students in Norway

• 23rd February 2018, Trondheim• Sign up your game today, win amazing prizes!

Page 21: Liberate Your Data - Energy Valley · Liberate your data McKinsey Advanced Analytics experts estimate that 80 to 90% of all advanced analytics projects time in asset heavy industries

OptimizingtheRealWorldThankyou