Showing posts with label IIoT. Show all posts
Showing posts with label IIoT. Show all posts

Tuesday, November 23, 2021

Glimpses of GMIS 2021

As we embark on a post-COVID journey, it is heartening to note that energy, industry and manufacturing events are gradually returning to the physical format with all of us having had enough of endless Zoom conferences in lockdown. One such signature fixture that's back with a bang is the Global Manufacturing and Industrialisation Summit (GMIS), established in 2015, to further dialogues on the Fourth Industrial Revolution’s transformative potential. 

A joint initiative between United Nations Industrial Development Organization (UNIDO) and the Ministry of Industry and Advanced Technology of the United Arab Emirates, GMIS 2021 has returned to the physical format from November 22 to 27, 2021 in Dubai alongside the Dubai Expo 2020. Here are some glimpses of the ongoing event: 

Dubai Exhibition Centre where GMIS & Expo 2020 are being held
'Make it in the Emirates' & GMIS2021 going hand in hand 
US Climate Envoy John Kerry (right) & ADNOC CEO Sultan Al Jaber get the lowdown on RoboRace car at GMIS2021

CEO of Mubadala Khaldoon Al Mubarak tells US journalist John Defterios that the UAE is going big on AI investment

Vision of making Dubai a solar powered City


© Gaurav Sharma 2021. Photo © Gaurav Sharma, November 23, 2021.

Monday, November 11, 2019

ADIPEC Day I: Oil & Gas 4.0, efficiencies & VIPs

The Oilholic finds himself in the UAE for the 2019 Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), rounding up day one of the global event with more than a packed agenda to report back.

Dr Sultan Ahmed Al Jaber, CEO of the Abu Dhabi National Oil Company (ANDOC) got things going on Monday noting how Industry 4.0 is creating a "paradigm shift in global growth and energy demand."

"Oil and gas will play, as an essential part of the broader energy mix, in enabling tomorrow’s global economy. We have to admit some realities - our industry is being disrupted by new technologies, new forms of energy, a new geopolitical order. This disruption is only beginning and will gather pace," he added. 

Rubbing shoulders with attendees, expected to number 150,000 over the next few days, were several VIPs both foreign and domestic, and day one included sessions with the OPEC Secretary General Mohammed Barkindo, Indian oil minister Dharmendra Pradhan, BP Boss Bob Dudley, Eni’s Claudio Descalzi, and Total’s Patrick Pouyann√© to name a few.

And former US Secretary of State Condoleezza Rice told ADIPEC attendees the post World War II "established" economic model "is under strain [and] threat" from terrorism, cyber threats & global power rivalries. 

Away from the VIPs, quite a bit of "Oil and Gas 4.0" kit was on display alongside hydrogen cars, automation equipment and analytics platforms for integrated asset management, interspersed with nuts, bolts and pipeline joints.

Finally, day one was also timed to coincide with the official launch of the Abu Dhabi oil futures, that sees ADNOC partner with exchange group ICE, major oil companies, refiners and trading house Vitol.

The idea is an ambitious one of establishing Murban – Abu Dhabi's signature crude – as a potential oil benchmark. Here is some background to the development from the Oxford Institute for Energy Studies. (MS Word Download here)

Elsewhere, at the ADIPEC Awards, BP's Dudley, who is due to retire as the oil and gas major's CEO next year, was awarded a lifetime achievement award for his commitment to the energy industry.

That's all for the moment folks, more from here over the coming days. The Oilholic will be moderating and speaking on days two and three as the event gathers further momentum. Keep reading, keep it ‘crude’!

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© Gaurav Sharma 2019. Photo I: Exhibition Hall at ADIPEC 2019. Photo II: Drone on display at ADIPEC exhibition © Gaurav Sharma 2019. 

Tuesday, November 13, 2018

All about ‘EcoStruxure’ for Schneider Electric

The Oilholic finds himself at Schneider Electric's North America Innovation Summit 2018, here in Atlanta, stateside, and what a first day its been. North America accounts for nearly 27% of the global energy management and automation giant's headline business, and is home to several of its innovation hubs, making Atlanta a perfect place for the latest round of its innovation summit series. 

Unsurprisingly, the company is using the occasion to reveal several new announcements, the most eye-catching of which (so far) has to be the launch of a dedicated venture capital funding arm. The unit called Schneider Electric Ventures would have around €500 million of dry power to invest in new tech ventures (See The Oilholic’s detailed report for Forbes here). 

But the buzzword for the event is – 'EcoStruxure' – Schneider Electric's Industrial Internet of Things (IIoT) architecture conceived to deliver "smart machine" solutions within the energy sphere. To quote the company's Chairman and CEO Jean-Pascal Tricoire if you still haven't heard about it by the time the event comes to a conclusion, well you really haven't been here. 

EcoStruxure's innovative pathways run along five slants. First there's EcoStruxure Power, a solution that deploys the IIoT premise to strengthen power management capabilities with advanced monitoring and analytics. It is also designed to improve operational safety, reliability and efficiency. 

Then there's EcoStruxure Machine to deliver advanced smart machine solutions, including connectivity, control, tracking and monitoring.

You'd be surprised if there wasn't an EcoStruxure IT platform, which you've probably guessed is a cloud-based solution for improved monitoring and visibility across the entire data center ecosystem.

EcoStruxure Grid solution is where you'll find Schneider Electric in its element as an industry leader; the solution is an enhanced microgrid offering aimed at maximising "onsite renewable energy penetration and simplify power management."


And finally, EcoStruxure Building offers to fortify occupant engagement, optimise space utilisation better and empower personalised environments. For Schneider Electric, the direction of travel is clear – IIoT need not be a phantasm. It's here, it's now, it's accessible via EcoStruxure solutions, says Tricoire.

In his keynote address to over 1,400 attendees, the boss added: "How IoT will change things meaningfully is yet to be written, the journey is just starting. But at the same time IoT is more accessible that you think. We will continue to introduce new additions to the EcoStruxure architecture in step with the digital transformation of industrial automation markets."

Analysts here, including yours truly, believe we'll get more of the same from the company, with its connected products, edge control software, apps, analytics, and services, and more. It is the inexorable direction of travel in a digital economy. 

And Tricoire rightly notes that digital is not a zero-sum game. That means collaboration between energy and utility sector clients will bring about an integrated approach to energy management, and the boss' favourite topic – greater energy supply reliability and efficiency. 

Tricoire also said data and energy go hand in glove. "Major demand and consumption growth of electricity is coming from the proliferation of IT and datacentres. Nearly every new innovation uses electricity." 

So expect plenty more innovations under the EcoStruxure umbrella. And well, on a day both Brent and West Texas Intermediate oil futures contracts are down by over 7%, Tricoire says Schneider Electric sees "enormous opportunities" with the world moving from a largely fossil fuel-driven economy to an electrified economy! Bring in the noise people! That's all from Atlanta folks! Keep reading, keep it crude!

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© Gaurav Sharma 2018. Photo 1: Schneider Electric Chairman and CEO Jean-Pascal Tricoire addresses the company' Innovation Summit in Atlanta, Georgia, USA. Photo 2: Schneider Electric Summit's Innovation Hub. © Gaurav Sharma Nov 13, 2018.

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For comments or for professional queries, please email: gaurav.sharma@oilholicssynonymous.com

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