APIdays Helsinki 2019 - Boosting Traditional Business by IoT and Analytics with Vesa Pirinen, YIT Finland Ltd

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Boosting Traditional Business by IoT and Analytics, Vesa Pirinen, Vice President, Strategy and Development at YIT Finland Ltd

Technology

Boosting traditional business by IoT and Analytics
VESA PIRINEN, VICE PRESIDENT STRATEGY & DEVELOPMENT
yitgroup.com

2018 in figures
REVENUE*
3.8EUR billion in 2018
ADJUSTED OPERATING PROFIT*
134.5EUR million in 2018
EMPLOYEES
10,000in 11 countries
NET PROMOTER SCORE
(NPS)
52%SCALE: -100%–100%
* Pro forma
BUSINESS CENTER B66, KAUNAS, LITHUANIA

We are the largest Finnish
and significant North European
construction company
SCANDINAVIA
Revenue: 333 EUR million
Personnel: 757
CEE COUNTRIES
Revenue: 164 EUR million
Personnel: 290
FINLAND
Revenue: 2,578 EUR million
Personnel: 5,034
RUSSIA
Revenue: 314 EUR million
Personnel: 1,740
BALTIC COUNTRIES
Revenue: 300 EUR million
Personnel: 1,249
FINLAND
SWEDEN
NORWAY
DENMARK
POLAND
CZECH
REPUBLIC SLOVAKIA
RUSSIAESTONIA
LATVIA
LITHUANIA

The Challenge: how to double EBIT in Mineral Aggregates business?
Feeder settings Cone/ jaw crusher
settings
Crushing plant
location Stone feeding
style
Crushing plant
maintenance
Assumptions:
• Machinery from same manufacturers
• Similar quarries
• Pricing is based on market conditions
Target is to maximize crushed stone/ gravel output.

The solution after 6 months – 4 crushing plants using IoT
• Crushers are connected to
Azure Edge
• 1 minute delay
• We get alarms, pressure,
power and temperature data.
Data modelling
The live IoT dashboard tells you:
• Maintenance needs (fastest payback)
• Crusher settings optimization.
• Machinery optimization success/ quarry.
• Plant teams training and guiding needs.

Next steps
• Expand solutions to cover whole fleet.
• More data from feeders & scales.
• Phase 2 in analytics – go deeper in
finding correlations
• Combine with external data like
weather.
• Machine learning solutions.
Being world’s best in this business at
2022!
IOT can be expanded to asphalt plants,
rollers and pavers.

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