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.
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 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.
Yokogawa 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.
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
|Annually High Estimate
|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.）
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:
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.
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.
At The Edge of Industrial Autonomy
by Kevin Zamzow, Manager, Emerging Solutions, Yokogawa Corporation of America Introduction
Digital transformation is the novel use of digital technology to accelerate your company's business strategy.
Watch this on-demand webinar to learn how digital twin technologies are moving process industries towards autonomous operations.
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.
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.
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.
Join this webinar which focuses on how value chain optimization can improve profitability, enhance capital efficiency and reinforce license to operate.
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