Digital Transformation

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 TransformationDigital 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) 

Digital TransformationYokogawa 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.

Digital Transformation

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

CATALYST 
Links to external websites
    ►Digital Transformation Is Happening
    ►The fourth industrial revolution will be digitalized
    ►The IIoT: Instigator of teamwork

  • Digital Twin

    A digital twin is the key to effective decision making, providing deeper analytics technology and strategies to maximize profitability.

    See More
  • Industrial IoT

    In this rapidly changing world, one place where momentous change is being felt is the industrial automation field. Thanks to the advent of big data, cloud computing, the Industrial Internet of Things (IIoT), Industry 4.0, and artificial intelligence, a digital transformation is underway that is changing every facet of how businesses operate.

    See More
  • 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.

    See More
  • 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. 

    See More
  • Smart Industry Readiness Index

    The Smart Industry Readiness Index (SIRI) is rapidly becoming the global standard of industrial digitalization assessment. The Smart Industry Readiness Index assessment program sets digitalization projects on course and helps de-risking investments with quantifiable metrics.

    See More

Resources

Overview:

Traditional refinery optimization tools that rely on bulk properties are limited in fully achieving the objectives of molecular management.

Key objectives of molecular management are maximizing high-value products and replacing expensive feedstocks with low value streams.

Download the White Paper and learn how to Improve gross product worth by maximizing high value products and, Reduce cost of feedstock by replacing expensive imports with low value streams.

Download Here.

Overview:

Digital Safety Transformation:  

Digital Technologies Create a Sustainable Safety Foundation

At The Edge of Industrial Autonomy
(Hydrocarbon Engineering Article)
Overview:

At The Edge of Industrial Autonomy

by Kevin Zamzow, Manager, Emerging Solutions, Yokogawa Corporation of America Introduction

Overview:

A Perspective on New Technology Impacts on the Chemical Processing Industry

by Sergio Fernandes, Chemical Market Leader, Yokogawa Corporation of America

Industries:
Article
Digitally Transforming Overall Safety
(Digitally Transforming Overall Safety)
Overview:

A new digital risk management methodology combines four digital technologies to form the foundation of a sustainable safety regimen.

Read all about it, inside.

Article
The Emerging Business Risk Management Strategy for OT Cybersecurity
(The Emerging Business Risk Management Strategy for OT Cybersecurity)
Article
Futurecasting the Path to Autonomy
(Futurecasting the Path to Autonomy)
Article
Platform for Shaping the Future of Advanced Manufacturing and Value Chains
(Platform for Shaping the Future of Advanced Manufacturing and Value Chains)
Article
Digitally Transforming to Autonomous Operations and Smart Manufacturing 4.0 (Panel-Discussion)
(Digitally Transforming to Autonomous Operations and Smart Manufacturing 4.0)
Article
Five Industrial Automation Trends for 2022
(Five Industrial Automation Trends for 2022)
Article
Y NOW 2021 Opening Keynote on Yokogawa's Vision
(Opening Keynote Outlines Yokogawa's Vision for Autonomous Operations and Smart Manufacturing)
Article
Realizing Next Normal Business Resilience with Agile Autonomous Operations
(Realizing Next Normal Business Resilience with Agile Autonomous Operations)
Article
How Digital Transformation Enables Autonomous Polymer Operations
(How Digital Transformation Enables Autonomous Polymer Operations)

Downloads

Videos

Overview:

Digital transformation is the novel use of digital technology to accelerate your company's business strategy.

Overview:

Watch this on-demand webinar to learn how digital twin technologies are moving process industries towards autonomous operations.

Overview:

This webinar talks through a case study of how a client is using a remote operations center for their onshore oil field and how people, technology and processes need to be integrated to make it a success.

Overview:

Join this webinar which focuses on how value chain optimization can improve profitability, enhance capital efficiency and reinforce license to operate. 

Overview:

With many stakeholders in the operations planning process, different tools being used and different datasets it’s likely there will discrepancies interpreting the production results, making it harder to decide on the best improvements. Join this webinar which looks at operationalizing a digital twin in the context of Unit Performance Monitoring.

Overview:

This webinar, delivered by KBC’s Pablo Montagna and Motiva’s Raul Adarme, will profile how Motiva’s Port Arthur refinery complex uses online energy monitoring and optimization.

News

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