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DNV GL © 2017 20 January 2017 SAFER, SMARTER, GREENER DNV GL © 2017 08 March 2017 Bringing trust to the Internet of Things Valuable insights from data to support critical decisions in industry Jørgen Kadal DNV GL 20 January 2017 1

Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

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Page 1: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017 SAFER, SMARTER, GREENERDNV GL © 2017

08 March 2017

Bringing trust to the Internet of ThingsValuable insights from data to support critical decisions in industryJørgen Kadal DNV GL

20 January 2017

1

Page 2: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Global organisasjon – lokal kunnskap

2

250kontorer

100land

14,000ansatte

150år

Page 3: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Fem forretningsområder

3

OIL & GASMARITIME ENERGY BUSINESS ASSURANCE

SOFTWARE

Page 4: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Digitalisation will impact even DNV GL

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Page 5: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Digital disruptive forces

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Page 6: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Target for disruptive digital initiatives

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Trapped value Transactional friction

Page 7: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Industry is full of transactional friction and trapped value

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Page 8: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

The potential impact from digitally-enabled initiatives is high

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Page 9: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

The rise of digitalization

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TODAY

• Devices are generating 277 times as much data as people• 30 million new devices are connected every week• Only 25% of companies report having a strategy for

digital transformation

Source: Cisco

Page 10: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

The rise of digitalization

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THE FUTURE

• 78% of all computing will be done in the cloud (2018)• 40% of all businesses will be disrupted by a digital issue

(2019)• Connected systems will each generate 5TB of data per

day (2020)• There will be 50 billion connected devices (2020)

Source: Cisco

Page 11: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Big data/IoT Analytics–some key identifiers and business value

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Sources Business value

Volume(real time)

Characteristics New Capabilities

Behavioural data

Velocity(real time)

Variety(Sensor,

transaction, text etc.)

Veracity(Truthfulness)

Sensor data

Geospatial data

Transaction / Contributory data

Technology

Competence

Data management & Governance

Target marketing

Connectivity and data sharing

Health diagnostics

Logistics and optimisation

Page 12: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Managing risk in 1864

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Page 13: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Analogue trust

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Page 14: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Industry 4.0 - Toward data-driven decision making

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Manufacturer

Operator

Authority

Asset owner

Service provider

Systems integrator

Page 15: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

IoT Revolution promise new Data enabled outcomes for Industry

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Demonstrate Compliance with regulations

Manage operation related cost riskOptimise productivity

Drive towards sustainable operation

Asset Owners

Page 16: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Predicitive maintenance promise huge gains across industries

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5 10 15

Con

ditio

n

TimeNormal 5 year maintenance

interval

20 % reduction in cost

Pridicive alogrithm can tell when next problem is likely to occurr given the operating mode. Chaning operating mode may further postopne problems

Plan maintenance according to prediction

Page 17: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

But – You do not want to end up here

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Page 18: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Digitalisation of DNV GL –

we need to learn Big Data analytics to continue to deliver safety assurance and leading advisory services to our customers

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Page 19: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Invest in new competencies - DNV GL digital accelerator

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Leading global teams of;• Data scientists• Data engineers• Software developers• Domain experts

• More than 15 nationalities, 4 locations

Page 20: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Invest in new technologies – research on Big Data technologies over the past 6 years.

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Fantorangen:

Serious size

• 21 nodes

• 680 cores

• 2.2 TB RAM

• 1.3 PetaBytes of raw data

Smalldata: big data:

§ 10 nodes

§ 52 cores

§ 240 GB RAM

§ 72 TB raw storage

webofdata.wordpress.com

Cloud:

Page 21: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Invest in new technologies - Azure Cloud Data Management platform capabilities

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Page 22: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Running pilots with customers - Condition monitoring of drillship from sensor data

Case description:DNV GL and partners have executed a Joint Development Project to develop an assurance framework enabling use of big data analytics for condition monitoring and failure prediction of key systems and components from sensor data.

Data facts:• 2 Drillships• 3 Main Systems• 15000 sensors• 36 billion records• Up to 1 year of data

Need updated picture of rig here, not the right picture.

Page 23: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Using sensor information, most bearing, winding, brush and shaft failures are predictable. Periphery failures lead to comparably short downtimes.

ÞPortion of surprising failures w.r.t downtime could become much lower than 50%

Motor winding wear is highly temperature dependent (cable isolation breakdown).

10 degrees temperature increase can double ageing.

Running pilots with customers: Electric motor effective age based on temperature data

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Page 24: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Turbine ID 10

Running pilots with customers - Detection of deteriorating conditions on wind farms: Data flagging automation

Consumer benefits

• Able to get better and more continues evaluation and forecasting of windfarm performance

• Ability to compare performance across own windfarms and turbine manufacturers

• Ability to compare performance across the industry through benchmarks

Case description:

Forecast and assessment of windfarm performance – detection of deteriorating conditions from sensor data (wind speed, power, pitch, wind direction,++).

Page 25: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Digital trust – challenges and opportunities

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Page 26: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Lack of trust in the data value chain

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Wrong Decision

from datae.g.

Component fails while Algorithm says Ok

Sensors and

metadataNetworks

Data Logging

and storage

Data Mgmnt.

Modelling and

Algorithmsxxxxxxxxxx

Mitigation of causes Mitigation of consequences

Page 27: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Lack of trust in the veracity (truthfulness) of the data

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Page 28: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Handling of ownership is challenging

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Asset operator

Component/system manufacturer

System Integrator

Stakeholder or others?

It is my data as it is generated in my processes

It is my data as it is generated from components I have manufactured

It is my data as it is aggregated in my control and monitoring systems

It is my data as it is aggregated a process where I hold the risk

Page 29: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

New opportunities from cross industry data aggregation

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Better decisions with insights from data aggregates

Example OREDA:Eight Oil companies combining their failure data with the help of DNV GL as data curator since the eighties.

“The most Valuable dataset in the Oil & Gas Industry”

Page 30: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Data aggregation and cross asset analysis rely on standardisation

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Aggregation of data to cross industry benchmarks and indexes rely on standardisation.

An asset owner wanting a cross fleet perspective across systems and components from differnet vendors rely on standardisation

DNV GL are experts at developing, promoting, and using industry standards, domain and product models

Page 31: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

Handling of privacy

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Asset operator

• I want to control who sees my data throughout the data value chain

• I want to compare against a benchmark, but I do not want my assets to be identified by others

• Etc.

Page 32: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

The value of combined data sets – DNV GL Cross industries curated data lake

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YOUR DATA+

data from:>20% of world fleet

>65% of offshore pipelines>70% of offshore wind farms

>80,000 customersThousands of associated

suppliers>1 million software user

§ Shared data platform cost

§ Richer insights and analytics

§ Reduce friction

§ Benchmarking

§ Aggregate your data

§ Manage sharing of your data

Page 33: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

VERACITY – Industry Insight Platform

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Page 34: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

VERACITY – Industry Insihgt Platform

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Page 35: Bringing trust to the Internet of Things · 2017. 3. 13. · Sources Business value Volume (real time) Characteristics New Capabilities Behavioural data Velocity (real time) ... Plan

DNV GL © 2017 20 January 2017

SAFER, SMARTER, GREENER

www.dnvgl.com

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