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© 2013 Rolls-Royce plc The information in this document is the property of Rolls-Royce plc and may not be copied or communicated to a third party, or used for any purpose other than that for which it is supplied without the express written consent of Rolls-Royce plc. This information is given in good faith based upon the latest information available to Rolls-Royce plc, no warranty or representation is given concerning such information, which must not be taken as establishing any contractual or other commitment binding upon Rolls-Royce plc or any of its subsidiary or associated companies. Open Innovation 2.0 The story behind ‘Power by the Hour’ Paul Stein Chief Scientific Officer – Rolls-Royce plc

Paul stein plenary 2 presentation

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Page 1: Paul stein plenary 2 presentation

© 2013 Rolls-Royce plcThe information in this document is the property of Rolls-Royce plc and may not be copied or communicated to a third party, or used for any purpose other than that for which it is supplied without the express written consent of Rolls-Royce plc.This information is given in good faith based upon the latest information available to Rolls-Royce plc, no warranty or representation is given concerning such information, which must not be taken as establishing any contractual or other commitment binding upon Rolls-Royce plc or any of its subsidiary or associated companies.

Open Innovation 2.0

The story behind ‘Power by the Hour’

Paul SteinChief Scientific Officer – Rolls-Royce plc

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Rolls-Royce proprietary information

“Strive for perfection in everything you do. Take the best that exists and make it

better. When it does not exist, design it.”

Sir Henry Royce 1863 - 1933

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Rolls-Royce proprietary information

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Rolls-Royce proprietary information

3 Shaft Gas Turbine

Permanent Magnet Thruster

Rolls-RoyceLiftSystem®

1904 1926 1940 1954

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Rolls-Royce proprietary information

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Rolls-Royce proprietary information

We manage a global supply chain of 8000+ suppliers >70% of the value of our gas turbines flows through our supply chain Unlocking innovation in the supply chain is key to reducing costs and increasing competitive advantage 28 University Technology and Research Centres around the world Open Innovation

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Nuclear Advanced Manufacturing Research

Centre (NAMRC) Sheffield 2011

Network of Advanced Manufacturing

Research Centres AxRCs

Manufacturing Technology Research Centre Singapore

2011

Commonwealth Centre for Advanced Manufacture (CCAM) Virginia 2012

Advanced Manufacturing Research

Centre (AMRC) Sheffield 2008

Advanced Forming Research Centre (AFRC) –

Glasgow 2010

Manufacturing Technology Centre

(MTC) Coventry 2011

National Composites Centre (NCC) Bristol 2011

Advanced Remanufacturing & Technology Centre (ARTC)

Singapore 2013

Rolls-Royce proprietary information

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Rolls-Royce proprietary information

Ser

vice

sIn

no

vati

on

Introduction of Power by the Hour

and TotalCare®

52% of underlying revenue now comes from servicing OEM products

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Global Growth Forecast

Rolls-Royce proprietary information

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Rolls-Royce proprietary information

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Rolls-Royce proprietary information