SlideShare a Scribd company logo
1 of 24
CONTEXT OF APPLICATION OF AI IN CHEMICALS,
OIL & GAS – 26 OCTOBER 2017
ARTIFICIAL
INTELLIGENCE
Sidharth (Sid) Haralalka
Digital Transformation, APAC
Saurabh Mangal
Data Scientist & Artificial
Intelligence Practitioner, APAC
SPEAKERS
DEMYSTIFYING
AI
WE ARE IN AN UNPRECEDENTED
PERIOD OF TECHNOLOGY INNOVATION
1 MAINFRAME
2 CLIENT-SERVER
AND PCS
3 WEB 1.0
ECOMMERCE
4 WEB 2.0,
CLOUD, MOBILE
BIG DATA, ANALYTICS,
VISUALIZATION5
IOT AND
SMART MACHINE6
ARTIFICIAL
INTELLIGENCE7
QUANTUM
COMPUTING8
TODAY
1950 1960 1980 1990 20201970 2000 2010 2030
1950 Turing Test
2005: Web 2.0 Quantum
1964: System/360
Server/Host
1969:
ARPANET
1990: System/390
1991: Public Internet
1994: Amazon
1977: PC
1999: Salesforce.com
2006: AWS
2008: iPhone
1997: Big Data
Public Cloud Mainstream
2010: Sales of PC Peak
2010:
Self-driving Car
AI
2014, IDC:
4.4 Zettabytes of Data
1972: SAP
1999: IoT, M2M
WHAT IS ARTIFICIAL
INTELLIGENCE (AI)?
It is the single biggest technology
revolution the world has ever seen.
SENSOR
PROCESSING
DEEP
LEARNING
ROBOTIC
PROCESS
AUTOMATION
EXPERT
SYSTEMS
INFERENCE
ENGINES
MACHINE
LEARNING
COMPUTER
VISION
KNOWLEDGE
REPRESENTATION
SENSE
COMPREHEND
ACT
LEARN
AI IS REDEFINING THE WAY
THE ENTERPRISE WORKS
Copyright © 2017 Accenture All rights reserved. 6
Apply a combination of
sense, comprehend, &
act AI technologies to
drive automation for
complex processes
Automate core processes
where typically human
judgment is key, but
provide low levels of
competitive differentiation
Apply automation to
routine processes that
require no human
judgement
SAMPLE PROCESS
DISTRIBUTION
AUTOMATE
ROBOTIC
PROCESS
AUTOMATION
(RPA)
COGNITIVE
AUTOMATION
MACHINE-
BASED
PROCESS
EXECUTION
AUGMENT
ROBOTIC PROCESS
AUTOMATION (RPA)
COGNITIVE
AUTOMATION
MACHINE-BASED
PROCESS
EXECUTION
By applying a balance of automation and augmentation.
AI powered service that answers
customers’ common lubricant
questions in seconds
AI robots for ocean exploration
to improve natural seep
detection capabilities
AI to accurately and speedily
predict quality of gas products
By 2020, 85% of customer
Interactions will be managed
without a human
AI IS DRIVING ECONOMIC VALUE
ACROSS THE VALUE CHAIN
Through three channels of AI-led growth that drive
increased productivity, satisfaction, and value…
R&D /
LABORATORY
PLANTS, ASSETS,
MANUFACTURING & OPERATIONS
SUPPLY CHAIN
& INVENTORY
COMMERCIAL
& SALES
ENTERPRISE
FUNCTIONS
INTELLIGENT AUTOMATION
Creates growth through a set of features enhancing traditional automation solutions.
LABOR & CAPITAL AUGMENTATION
Growth will come from enabling resources to be used much more effectively and valuably
INNOVATION & DIFFUSION
Ability to propel innovations as AI diffuses through the economy.
AI
LIVE IN ACTION
Copyright © 2017 Accenture All rights reserved. 9
COGNITIVE
PLANT
OPERATIONS
DIGITAL
ASSISTANT
(CHATBOT) AI FOR
DARK DATA
COGNITIVE
PLANT
OPERATIONS
DIGITAL
ASSISTANT
(CHATBOT) AI FOR
DARK DATA
APPLICATIONS
• Automobile parts
• LCD displays
• Extrusion sheets, optical
lenses
• Tableware
• Swimming pools and water
feature projects
COGNITIVE PLANT OPERATIONS
APPLYING AI TO
IMPROVE QUALITY…
...by consistently reducing defects
through optimal plant conditions
...from data capture to actions
taken by operations, maintenance
& reliability team
Automotive Parts Construction: Stadium Roof
PRODUCT
CHALLENGES TODAY
DRYER
Spray Water
Overflow Water
CONVEYOR WATER
Lower
Feed Roll
EXTRUDER
PELLETIZER
MMA
Powder
Additives
1
FEED
2
EXTRUDING
3
STRAND
COOLING
4
PELLETIZING
5
PELLET
COOLING
6
DRYING
Hopper
Thermocouple
NozzleBarrelScrew Heaters
Cutting
Rotor
Cutting
Blade
Upper
Feed Roll
CONVEYOR
Operators follow a trial and
error approach towards
reducing defects
Cutting rotor changed without
clear reason or justification
Golden recipes looking at 70
parameters out of which operators
are currently adjusting 7 parameters
APPROACH
Engineers /
Supervisors NLP,
Intelligent Search
In History
Data Science To
Model The Plant
Form-less Interaction
With Virtual Assistant
2016
2015
2014
2013
2012
2011
0 20 40
0
2
4
6
0
2
4
6
0
2
4
6
0
2
4
6
0
2
4
6
0
2
4
6
week
wday
crack_category
Average
Bad
Good
Calendar Plot for MH 100 Crack
Categorically Bad > 15 Defects
Categorically Good < 10 Defects
Categorically Average 10 – 15 Defects
TI2
403.P
V_m
ed
75
80
85
90
SC2401.PV_med
138
139
140
141
142
143
fittedvalue
8
10
12
14
16
18
Good
Bad
No. of defects
Good quality operating zone
HELPING OPERATORS LEVERAGE DATA
SCIENCE & AI TO FIND BEST RECIPE
SMART
Predict current
cutter condition &
degradation levels
Predict optimal setting for
adjustable parameters
in near real time
12 variables that
impact quality
and defects
Automatically identify
past load changes,
quality measurements
Apply best in class
settings achieved in the
past to current situationsAFTER
Sub-optimal change
of cutter
Currently adjusting
only 7 variables
Trial and Error
Approach taking days
Memory / experience
driven actions
BEFORE Hand written
operator logs
WISE
COGNITIVE
PLANT
OPERATIONS
DIGITAL
ASSISTANT
(CHATBOT) AI FOR
DARK DATA
OBJECTIVE: Use Artificial Intelligence to optimize the operating conditions of a cracked gas compressor for maximizing production benefits.
APPROACH
CHALLENGES
FEEDSTOCK
STORAGE
PROCESS OPTIMIZATION
1
SCOPE
DEFINITION
2
DATA
GATHERING
& ANALYSIS
3
MODEL
DEVELOPMENT
& EVALUATION
4
DESIGN
THINKING
& CHATBOT
CREATION
5
VALUE
EXPANSION
FURNANCE
SET UP
QUENCHING 5 STAGE COMPRESSOR DISTILLATION
INPUT SCOPE INPUT
COGNITIVE
PLANT
OPERATIONS
DIGITAL
ASSISTANT
(CHATBOT) AI FOR
DARK DATA
DARK DATADARK DATA: LOOKING AT THINGS DIFFERENTLY
TECHNOLOGY CAN HELP HUMANS SEE MORE IN WHAT THEY HAVE.
USING TECHNOLOGY TO BYPASS HUMAN PROCESSING CONSTRAINTS, E.G.
NLP, COMPUTER VISION, VIDEO ANALYTICS, DEEP LEARNING…
INSIGHTS
FROM
UNTAPPED
DATA
Email
Correspondences
Notes/
Presentations
Survey Data
Document
Versions
REPOSITORIES
Video
Surveillance
Access Logs
Audit Files
Internet Logs
MONITORING
Employee Data
Purchasing
History
Usage LogsCustomer/Account
Information
Financial
Statements
OPERATIONS/ BI
STRUCTURED +
UNSTRUCTURED
LARGE VOLUMES
REAL-TIME +
HISTORICAL Maintenance
Records
INSERT VIDEO SCREENSHOT HERE
Natural Language
Processing (NLP)
capabilities enabling smarter
business decisions
SMART DATA
EXTRACTOR
UNSTRUCTURED
TO STRUCTURED
DATA
IN SUMMARY…
AI IS ALREADY QUITE
PERVASIVE - THE TIME
TO ACT IS NOW!
AI DOESN’T REPLACE
BUT RATHER AUGMENTS
THE WORKFORCE
HARNESSING AI WILL
ONLY HELP BOOST
YOUR BUSINESS
CURRENT TRENDS ARE
MAKING AI ACCESSIBLE AND
EASY TO IMPLEMENT TODAY
THANK YOU
WHAT VALUE DOES AI POTENTIALLY DRIVE?
In 2035, AI will …..
DOUBLE ECONOMIC GROWTH
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
5
US Finland UK Sweden Netherlands Austria Germany France Japan Belgium Spain Italy
Baseline AI Steady State
Real GVA* Growth in 2035
WHAT VALUE DOES AI POTENTIALLY DRIVE?
In 2035, AI will …..
Source: Accenture and Frontier Economics
29%
30%
34%
35%
36%
37%
11%
12%
17%
20%
25%
27%
LABOUR PRODUCTIVITY BY 40%
Help People be More Productive and Increase
Sweden
Finland
United States
Japan
Austria
Germany
Netherlands
United Kingdom
France
Belgium
Italy
‘Spain

More Related Content

What's hot

TMS workshop on machine learning in materials science: Intro to deep learning...
TMS workshop on machine learning in materials science: Intro to deep learning...TMS workshop on machine learning in materials science: Intro to deep learning...
TMS workshop on machine learning in materials science: Intro to deep learning...BrianDeCost
 
The Top Trends in Artificial Intelligence
The Top Trends in Artificial IntelligenceThe Top Trends in Artificial Intelligence
The Top Trends in Artificial IntelligenceErling Hesselberg
 
Properties of Nano-materials
Properties of Nano-materialsProperties of Nano-materials
Properties of Nano-materialsPartha P. Mishra
 
Data science presentation
Data science presentationData science presentation
Data science presentationMSDEVMTL
 
Machine Learning and Industrie 4.0
Machine Learning and Industrie 4.0Machine Learning and Industrie 4.0
Machine Learning and Industrie 4.0Peter Schleinitz
 
Applications of carbon nanotubes
Applications of carbon nanotubesApplications of carbon nanotubes
Applications of carbon nanotubesNitin Patel
 
Gaussian presentation
Gaussian presentationGaussian presentation
Gaussian presentationmojdeh y
 
artificial intelligence
artificial intelligenceartificial intelligence
artificial intelligencevallibhargavi
 
Artificial Intelligence in Life Sciences and Agriculture.
Artificial Intelligence in Life Sciences and Agriculture.Artificial Intelligence in Life Sciences and Agriculture.
Artificial Intelligence in Life Sciences and Agriculture.Yannick Djoumbou
 
Artificial Intelligence - Past, Present and Future
Artificial Intelligence - Past, Present and FutureArtificial Intelligence - Past, Present and Future
Artificial Intelligence - Past, Present and FutureGrigory Sapunov
 
Optimization Simulated Annealing
Optimization Simulated AnnealingOptimization Simulated Annealing
Optimization Simulated AnnealingUday Wankar
 
Automated Machine Learning
Automated Machine LearningAutomated Machine Learning
Automated Machine Learningsafa cimenli
 

What's hot (20)

TMS workshop on machine learning in materials science: Intro to deep learning...
TMS workshop on machine learning in materials science: Intro to deep learning...TMS workshop on machine learning in materials science: Intro to deep learning...
TMS workshop on machine learning in materials science: Intro to deep learning...
 
Machine Learning and Artificial Intelligence
Machine Learning and Artificial IntelligenceMachine Learning and Artificial Intelligence
Machine Learning and Artificial Intelligence
 
The Top Trends in Artificial Intelligence
The Top Trends in Artificial IntelligenceThe Top Trends in Artificial Intelligence
The Top Trends in Artificial Intelligence
 
Chemical engineering.pptx
Chemical engineering.pptxChemical engineering.pptx
Chemical engineering.pptx
 
Properties of Nano-materials
Properties of Nano-materialsProperties of Nano-materials
Properties of Nano-materials
 
Introduction to Artificial Intelligence and few examples
Introduction to Artificial Intelligence and few examplesIntroduction to Artificial Intelligence and few examples
Introduction to Artificial Intelligence and few examples
 
AI at the Edge
AI at the EdgeAI at the Edge
AI at the Edge
 
Data science presentation
Data science presentationData science presentation
Data science presentation
 
Machine Learning and Industrie 4.0
Machine Learning and Industrie 4.0Machine Learning and Industrie 4.0
Machine Learning and Industrie 4.0
 
Artificial Intelligence
Artificial IntelligenceArtificial Intelligence
Artificial Intelligence
 
The Ethics of AI
The Ethics of AIThe Ethics of AI
The Ethics of AI
 
Applications of carbon nanotubes
Applications of carbon nanotubesApplications of carbon nanotubes
Applications of carbon nanotubes
 
Gaussian presentation
Gaussian presentationGaussian presentation
Gaussian presentation
 
artificial intelligence
artificial intelligenceartificial intelligence
artificial intelligence
 
Chemical Engineer
Chemical EngineerChemical Engineer
Chemical Engineer
 
Artificial Intelligence in Life Sciences and Agriculture.
Artificial Intelligence in Life Sciences and Agriculture.Artificial Intelligence in Life Sciences and Agriculture.
Artificial Intelligence in Life Sciences and Agriculture.
 
IONIC LIQUIDS
IONIC LIQUIDS IONIC LIQUIDS
IONIC LIQUIDS
 
Artificial Intelligence - Past, Present and Future
Artificial Intelligence - Past, Present and FutureArtificial Intelligence - Past, Present and Future
Artificial Intelligence - Past, Present and Future
 
Optimization Simulated Annealing
Optimization Simulated AnnealingOptimization Simulated Annealing
Optimization Simulated Annealing
 
Automated Machine Learning
Automated Machine LearningAutomated Machine Learning
Automated Machine Learning
 

Similar to Artificial Intelligence: Context of application of AI in Chemicals

Dell NVIDIA AI Roadshow - South Western Ontario
Dell NVIDIA AI Roadshow - South Western OntarioDell NVIDIA AI Roadshow - South Western Ontario
Dell NVIDIA AI Roadshow - South Western OntarioBill Wong
 
Miguel Angel Perdiguero - Head of BIG data & analytics Atos Iberia - semanain...
Miguel Angel Perdiguero - Head of BIG data & analytics Atos Iberia - semanain...Miguel Angel Perdiguero - Head of BIG data & analytics Atos Iberia - semanain...
Miguel Angel Perdiguero - Head of BIG data & analytics Atos Iberia - semanain...COIICV
 
Dell AI Oil and Gas Webinar
Dell AI Oil and Gas WebinarDell AI Oil and Gas Webinar
Dell AI Oil and Gas WebinarBill Wong
 
2016 Sept 1st - IBM Consultants & System Integrators Interchange - Big Data -...
2016 Sept 1st - IBM Consultants & System Integrators Interchange - Big Data -...2016 Sept 1st - IBM Consultants & System Integrators Interchange - Big Data -...
2016 Sept 1st - IBM Consultants & System Integrators Interchange - Big Data -...Anand Haridass
 
Accelerating Data Science and Real Time Analytics at Scale
Accelerating Data Science and Real Time Analytics at ScaleAccelerating Data Science and Real Time Analytics at Scale
Accelerating Data Science and Real Time Analytics at ScaleHortonworks
 
Dell AI and HPC University Roadshow
Dell AI and HPC University RoadshowDell AI and HPC University Roadshow
Dell AI and HPC University RoadshowBill Wong
 
Preventative Maintenance of Robots in Automotive Industry
Preventative Maintenance of Robots in Automotive IndustryPreventative Maintenance of Robots in Automotive Industry
Preventative Maintenance of Robots in Automotive IndustryDataWorks Summit/Hadoop Summit
 
IoT Meetup September 2019
IoT Meetup September 2019IoT Meetup September 2019
IoT Meetup September 2019IoT Academy
 
Vertex Perspectives | AI-optimized Chipsets | Part I
Vertex Perspectives | AI-optimized Chipsets | Part IVertex Perspectives | AI-optimized Chipsets | Part I
Vertex Perspectives | AI-optimized Chipsets | Part IVertex Holdings
 
Vertex perspectives ai optimized chipsets (part i)
Vertex perspectives   ai optimized chipsets (part i)Vertex perspectives   ai optimized chipsets (part i)
Vertex perspectives ai optimized chipsets (part i)Yanai Oron
 
The Impact of IoT on Product Design
The Impact of IoT on Product DesignThe Impact of IoT on Product Design
The Impact of IoT on Product DesignAras
 
Industrial Analytix.0
Industrial Analytix.0Industrial Analytix.0
Industrial Analytix.0accenture
 
Paris FOD Meetup #5 Cognizant Presentation
Paris FOD Meetup #5 Cognizant PresentationParis FOD Meetup #5 Cognizant Presentation
Paris FOD Meetup #5 Cognizant PresentationAbdelkrim Hadjidj
 
AWS O&G Day - Ambyint and AWS
AWS O&G Day - Ambyint and AWSAWS O&G Day - Ambyint and AWS
AWS O&G Day - Ambyint and AWSAWS Summits
 
Emerging Trend #2 | Artificial Intelligence, construction and operations of b...
Emerging Trend #2 | Artificial Intelligence, construction and operations of b...Emerging Trend #2 | Artificial Intelligence, construction and operations of b...
Emerging Trend #2 | Artificial Intelligence, construction and operations of b...Leonard
 
Cheryl Wiebe - Advanced Analytics in the Industrial World
Cheryl Wiebe - Advanced Analytics in the Industrial WorldCheryl Wiebe - Advanced Analytics in the Industrial World
Cheryl Wiebe - Advanced Analytics in the Industrial WorldRehgan Avon
 
A Look Under the Hood of H2O Driverless AI
A Look Under the Hood of H2O Driverless AIA Look Under the Hood of H2O Driverless AI
A Look Under the Hood of H2O Driverless AISri Ambati
 
SCADA a gyakorlatban - Accenture Industry X.0 Meetup
SCADA a gyakorlatban - Accenture Industry X.0 MeetupSCADA a gyakorlatban - Accenture Industry X.0 Meetup
SCADA a gyakorlatban - Accenture Industry X.0 MeetupAccenture Hungary
 
Von der Zustandsüberwachung zur vorausschauenden Wartung
Von der Zustandsüberwachung zur vorausschauenden WartungVon der Zustandsüberwachung zur vorausschauenden Wartung
Von der Zustandsüberwachung zur vorausschauenden WartungPeter Schleinitz
 

Similar to Artificial Intelligence: Context of application of AI in Chemicals (20)

Dell NVIDIA AI Roadshow - South Western Ontario
Dell NVIDIA AI Roadshow - South Western OntarioDell NVIDIA AI Roadshow - South Western Ontario
Dell NVIDIA AI Roadshow - South Western Ontario
 
Miguel Angel Perdiguero - Head of BIG data & analytics Atos Iberia - semanain...
Miguel Angel Perdiguero - Head of BIG data & analytics Atos Iberia - semanain...Miguel Angel Perdiguero - Head of BIG data & analytics Atos Iberia - semanain...
Miguel Angel Perdiguero - Head of BIG data & analytics Atos Iberia - semanain...
 
Dell AI Oil and Gas Webinar
Dell AI Oil and Gas WebinarDell AI Oil and Gas Webinar
Dell AI Oil and Gas Webinar
 
2016 Sept 1st - IBM Consultants & System Integrators Interchange - Big Data -...
2016 Sept 1st - IBM Consultants & System Integrators Interchange - Big Data -...2016 Sept 1st - IBM Consultants & System Integrators Interchange - Big Data -...
2016 Sept 1st - IBM Consultants & System Integrators Interchange - Big Data -...
 
Accelerating Data Science and Real Time Analytics at Scale
Accelerating Data Science and Real Time Analytics at ScaleAccelerating Data Science and Real Time Analytics at Scale
Accelerating Data Science and Real Time Analytics at Scale
 
Dell AI and HPC University Roadshow
Dell AI and HPC University RoadshowDell AI and HPC University Roadshow
Dell AI and HPC University Roadshow
 
Preventative Maintenance of Robots in Automotive Industry
Preventative Maintenance of Robots in Automotive IndustryPreventative Maintenance of Robots in Automotive Industry
Preventative Maintenance of Robots in Automotive Industry
 
IoT Meetup September 2019
IoT Meetup September 2019IoT Meetup September 2019
IoT Meetup September 2019
 
Vertex Perspectives | AI-optimized Chipsets | Part I
Vertex Perspectives | AI-optimized Chipsets | Part IVertex Perspectives | AI-optimized Chipsets | Part I
Vertex Perspectives | AI-optimized Chipsets | Part I
 
Vertex perspectives ai optimized chipsets (part i)
Vertex perspectives   ai optimized chipsets (part i)Vertex perspectives   ai optimized chipsets (part i)
Vertex perspectives ai optimized chipsets (part i)
 
The Impact of IoT on Product Design
The Impact of IoT on Product DesignThe Impact of IoT on Product Design
The Impact of IoT on Product Design
 
Industrial Analytix.0
Industrial Analytix.0Industrial Analytix.0
Industrial Analytix.0
 
Paris FOD Meetup #5 Cognizant Presentation
Paris FOD Meetup #5 Cognizant PresentationParis FOD Meetup #5 Cognizant Presentation
Paris FOD Meetup #5 Cognizant Presentation
 
AWS O&G Day - Ambyint and AWS
AWS O&G Day - Ambyint and AWSAWS O&G Day - Ambyint and AWS
AWS O&G Day - Ambyint and AWS
 
Emerging Trend #2 | Artificial Intelligence, construction and operations of b...
Emerging Trend #2 | Artificial Intelligence, construction and operations of b...Emerging Trend #2 | Artificial Intelligence, construction and operations of b...
Emerging Trend #2 | Artificial Intelligence, construction and operations of b...
 
Cheryl Wiebe - Advanced Analytics in the Industrial World
Cheryl Wiebe - Advanced Analytics in the Industrial WorldCheryl Wiebe - Advanced Analytics in the Industrial World
Cheryl Wiebe - Advanced Analytics in the Industrial World
 
A Look Under the Hood of H2O Driverless AI
A Look Under the Hood of H2O Driverless AIA Look Under the Hood of H2O Driverless AI
A Look Under the Hood of H2O Driverless AI
 
AI in the enterprise
AI in the enterprise AI in the enterprise
AI in the enterprise
 
SCADA a gyakorlatban - Accenture Industry X.0 Meetup
SCADA a gyakorlatban - Accenture Industry X.0 MeetupSCADA a gyakorlatban - Accenture Industry X.0 Meetup
SCADA a gyakorlatban - Accenture Industry X.0 Meetup
 
Von der Zustandsüberwachung zur vorausschauenden Wartung
Von der Zustandsüberwachung zur vorausschauenden WartungVon der Zustandsüberwachung zur vorausschauenden Wartung
Von der Zustandsüberwachung zur vorausschauenden Wartung
 

More from accenture

The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024accenture
 
The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023accenture
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education accenture
 
The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023accenture
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education accenture
 
Engineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibileEngineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibileaccenture
 
Digital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial SystemDigital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial Systemaccenture
 
More deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journeyMore deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journeyaccenture
 
The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023accenture
 
Reinventing Enterprise Operations
Reinventing Enterprise OperationsReinventing Enterprise Operations
Reinventing Enterprise Operationsaccenture
 
Semiconductor Gender Parity Study
Semiconductor Gender Parity StudySemiconductor Gender Parity Study
Semiconductor Gender Parity Studyaccenture
 
The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023accenture
 
Nonprofit reinvention in a time of unprecedented change
 Nonprofit reinvention in a time of unprecedented change Nonprofit reinvention in a time of unprecedented change
Nonprofit reinvention in a time of unprecedented changeaccenture
 
Free to be 100% me
Free to be 100% meFree to be 100% me
Free to be 100% meaccenture
 
The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023accenture
 
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimentoMundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimentoaccenture
 
Pathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications IndustryPathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications Industryaccenture
 
The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023accenture
 
Reimagining the Agenda | Accenture
Reimagining the Agenda | AccentureReimagining the Agenda | Accenture
Reimagining the Agenda | Accentureaccenture
 
Climate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | AccentureClimate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | Accentureaccenture
 

More from accenture (20)

The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024
 
The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education
 
The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education
 
Engineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibileEngineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibile
 
Digital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial SystemDigital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial System
 
More deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journeyMore deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journey
 
The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023
 
Reinventing Enterprise Operations
Reinventing Enterprise OperationsReinventing Enterprise Operations
Reinventing Enterprise Operations
 
Semiconductor Gender Parity Study
Semiconductor Gender Parity StudySemiconductor Gender Parity Study
Semiconductor Gender Parity Study
 
The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023
 
Nonprofit reinvention in a time of unprecedented change
 Nonprofit reinvention in a time of unprecedented change Nonprofit reinvention in a time of unprecedented change
Nonprofit reinvention in a time of unprecedented change
 
Free to be 100% me
Free to be 100% meFree to be 100% me
Free to be 100% me
 
The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023
 
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimentoMundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
 
Pathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications IndustryPathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications Industry
 
The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023
 
Reimagining the Agenda | Accenture
Reimagining the Agenda | AccentureReimagining the Agenda | Accenture
Reimagining the Agenda | Accenture
 
Climate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | AccentureClimate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | Accenture
 

Recently uploaded

A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)Gabriella Davis
 
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...HostedbyConfluent
 
Enhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for PartnersEnhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for PartnersThousandEyes
 
Human Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsHuman Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsMark Billinghurst
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking MenDelhi Call girls
 
Pigging Solutions Piggable Sweeping Elbows
Pigging Solutions Piggable Sweeping ElbowsPigging Solutions Piggable Sweeping Elbows
Pigging Solutions Piggable Sweeping ElbowsPigging Solutions
 
Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)Allon Mureinik
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerThousandEyes
 
How to convert PDF to text with Nanonets
How to convert PDF to text with NanonetsHow to convert PDF to text with Nanonets
How to convert PDF to text with Nanonetsnaman860154
 
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticsKotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticscarlostorres15106
 
Maximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptxMaximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptxOnBoard
 
Slack Application Development 101 Slides
Slack Application Development 101 SlidesSlack Application Development 101 Slides
Slack Application Development 101 Slidespraypatel2
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsMaria Levchenko
 
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024BookNet Canada
 
Unblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesUnblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesSinan KOZAK
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxMalak Abu Hammad
 
Breaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountBreaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountPuma Security, LLC
 
Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Paola De la Torre
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationSafe Software
 
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxFactors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxKatpro Technologies
 

Recently uploaded (20)

A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)
 
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
 
Enhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for PartnersEnhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for Partners
 
Human Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsHuman Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR Systems
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men
 
Pigging Solutions Piggable Sweeping Elbows
Pigging Solutions Piggable Sweeping ElbowsPigging Solutions Piggable Sweeping Elbows
Pigging Solutions Piggable Sweeping Elbows
 
Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
How to convert PDF to text with Nanonets
How to convert PDF to text with NanonetsHow to convert PDF to text with Nanonets
How to convert PDF to text with Nanonets
 
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticsKotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
 
Maximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptxMaximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptx
 
Slack Application Development 101 Slides
Slack Application Development 101 SlidesSlack Application Development 101 Slides
Slack Application Development 101 Slides
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed texts
 
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
 
Unblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesUnblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen Frames
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptx
 
Breaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountBreaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path Mount
 
Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
 
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxFactors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
 

Artificial Intelligence: Context of application of AI in Chemicals

  • 1. CONTEXT OF APPLICATION OF AI IN CHEMICALS, OIL & GAS – 26 OCTOBER 2017 ARTIFICIAL INTELLIGENCE
  • 2. Sidharth (Sid) Haralalka Digital Transformation, APAC Saurabh Mangal Data Scientist & Artificial Intelligence Practitioner, APAC SPEAKERS
  • 4. WE ARE IN AN UNPRECEDENTED PERIOD OF TECHNOLOGY INNOVATION 1 MAINFRAME 2 CLIENT-SERVER AND PCS 3 WEB 1.0 ECOMMERCE 4 WEB 2.0, CLOUD, MOBILE BIG DATA, ANALYTICS, VISUALIZATION5 IOT AND SMART MACHINE6 ARTIFICIAL INTELLIGENCE7 QUANTUM COMPUTING8 TODAY 1950 1960 1980 1990 20201970 2000 2010 2030 1950 Turing Test 2005: Web 2.0 Quantum 1964: System/360 Server/Host 1969: ARPANET 1990: System/390 1991: Public Internet 1994: Amazon 1977: PC 1999: Salesforce.com 2006: AWS 2008: iPhone 1997: Big Data Public Cloud Mainstream 2010: Sales of PC Peak 2010: Self-driving Car AI 2014, IDC: 4.4 Zettabytes of Data 1972: SAP 1999: IoT, M2M
  • 5. WHAT IS ARTIFICIAL INTELLIGENCE (AI)? It is the single biggest technology revolution the world has ever seen. SENSOR PROCESSING DEEP LEARNING ROBOTIC PROCESS AUTOMATION EXPERT SYSTEMS INFERENCE ENGINES MACHINE LEARNING COMPUTER VISION KNOWLEDGE REPRESENTATION SENSE COMPREHEND ACT LEARN
  • 6. AI IS REDEFINING THE WAY THE ENTERPRISE WORKS Copyright © 2017 Accenture All rights reserved. 6 Apply a combination of sense, comprehend, & act AI technologies to drive automation for complex processes Automate core processes where typically human judgment is key, but provide low levels of competitive differentiation Apply automation to routine processes that require no human judgement SAMPLE PROCESS DISTRIBUTION AUTOMATE ROBOTIC PROCESS AUTOMATION (RPA) COGNITIVE AUTOMATION MACHINE- BASED PROCESS EXECUTION AUGMENT ROBOTIC PROCESS AUTOMATION (RPA) COGNITIVE AUTOMATION MACHINE-BASED PROCESS EXECUTION By applying a balance of automation and augmentation.
  • 7. AI powered service that answers customers’ common lubricant questions in seconds AI robots for ocean exploration to improve natural seep detection capabilities AI to accurately and speedily predict quality of gas products By 2020, 85% of customer Interactions will be managed without a human
  • 8. AI IS DRIVING ECONOMIC VALUE ACROSS THE VALUE CHAIN Through three channels of AI-led growth that drive increased productivity, satisfaction, and value… R&D / LABORATORY PLANTS, ASSETS, MANUFACTURING & OPERATIONS SUPPLY CHAIN & INVENTORY COMMERCIAL & SALES ENTERPRISE FUNCTIONS INTELLIGENT AUTOMATION Creates growth through a set of features enhancing traditional automation solutions. LABOR & CAPITAL AUGMENTATION Growth will come from enabling resources to be used much more effectively and valuably INNOVATION & DIFFUSION Ability to propel innovations as AI diffuses through the economy.
  • 9. AI LIVE IN ACTION Copyright © 2017 Accenture All rights reserved. 9
  • 12. APPLICATIONS • Automobile parts • LCD displays • Extrusion sheets, optical lenses • Tableware • Swimming pools and water feature projects COGNITIVE PLANT OPERATIONS APPLYING AI TO IMPROVE QUALITY… ...by consistently reducing defects through optimal plant conditions ...from data capture to actions taken by operations, maintenance & reliability team Automotive Parts Construction: Stadium Roof PRODUCT
  • 13. CHALLENGES TODAY DRYER Spray Water Overflow Water CONVEYOR WATER Lower Feed Roll EXTRUDER PELLETIZER MMA Powder Additives 1 FEED 2 EXTRUDING 3 STRAND COOLING 4 PELLETIZING 5 PELLET COOLING 6 DRYING Hopper Thermocouple NozzleBarrelScrew Heaters Cutting Rotor Cutting Blade Upper Feed Roll CONVEYOR Operators follow a trial and error approach towards reducing defects Cutting rotor changed without clear reason or justification Golden recipes looking at 70 parameters out of which operators are currently adjusting 7 parameters
  • 14. APPROACH Engineers / Supervisors NLP, Intelligent Search In History Data Science To Model The Plant Form-less Interaction With Virtual Assistant 2016 2015 2014 2013 2012 2011 0 20 40 0 2 4 6 0 2 4 6 0 2 4 6 0 2 4 6 0 2 4 6 0 2 4 6 week wday crack_category Average Bad Good Calendar Plot for MH 100 Crack Categorically Bad > 15 Defects Categorically Good < 10 Defects Categorically Average 10 – 15 Defects TI2 403.P V_m ed 75 80 85 90 SC2401.PV_med 138 139 140 141 142 143 fittedvalue 8 10 12 14 16 18 Good Bad No. of defects Good quality operating zone
  • 15. HELPING OPERATORS LEVERAGE DATA SCIENCE & AI TO FIND BEST RECIPE SMART Predict current cutter condition & degradation levels Predict optimal setting for adjustable parameters in near real time 12 variables that impact quality and defects Automatically identify past load changes, quality measurements Apply best in class settings achieved in the past to current situationsAFTER Sub-optimal change of cutter Currently adjusting only 7 variables Trial and Error Approach taking days Memory / experience driven actions BEFORE Hand written operator logs WISE
  • 17. OBJECTIVE: Use Artificial Intelligence to optimize the operating conditions of a cracked gas compressor for maximizing production benefits. APPROACH CHALLENGES FEEDSTOCK STORAGE PROCESS OPTIMIZATION 1 SCOPE DEFINITION 2 DATA GATHERING & ANALYSIS 3 MODEL DEVELOPMENT & EVALUATION 4 DESIGN THINKING & CHATBOT CREATION 5 VALUE EXPANSION FURNANCE SET UP QUENCHING 5 STAGE COMPRESSOR DISTILLATION INPUT SCOPE INPUT
  • 19. DARK DATADARK DATA: LOOKING AT THINGS DIFFERENTLY TECHNOLOGY CAN HELP HUMANS SEE MORE IN WHAT THEY HAVE. USING TECHNOLOGY TO BYPASS HUMAN PROCESSING CONSTRAINTS, E.G. NLP, COMPUTER VISION, VIDEO ANALYTICS, DEEP LEARNING… INSIGHTS FROM UNTAPPED DATA Email Correspondences Notes/ Presentations Survey Data Document Versions REPOSITORIES Video Surveillance Access Logs Audit Files Internet Logs MONITORING Employee Data Purchasing History Usage LogsCustomer/Account Information Financial Statements OPERATIONS/ BI STRUCTURED + UNSTRUCTURED LARGE VOLUMES REAL-TIME + HISTORICAL Maintenance Records
  • 20. INSERT VIDEO SCREENSHOT HERE Natural Language Processing (NLP) capabilities enabling smarter business decisions SMART DATA EXTRACTOR UNSTRUCTURED TO STRUCTURED DATA
  • 21. IN SUMMARY… AI IS ALREADY QUITE PERVASIVE - THE TIME TO ACT IS NOW! AI DOESN’T REPLACE BUT RATHER AUGMENTS THE WORKFORCE HARNESSING AI WILL ONLY HELP BOOST YOUR BUSINESS CURRENT TRENDS ARE MAKING AI ACCESSIBLE AND EASY TO IMPLEMENT TODAY
  • 23. WHAT VALUE DOES AI POTENTIALLY DRIVE? In 2035, AI will ….. DOUBLE ECONOMIC GROWTH 0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 5 US Finland UK Sweden Netherlands Austria Germany France Japan Belgium Spain Italy Baseline AI Steady State Real GVA* Growth in 2035
  • 24. WHAT VALUE DOES AI POTENTIALLY DRIVE? In 2035, AI will ….. Source: Accenture and Frontier Economics 29% 30% 34% 35% 36% 37% 11% 12% 17% 20% 25% 27% LABOUR PRODUCTIVITY BY 40% Help People be More Productive and Increase Sweden Finland United States Japan Austria Germany Netherlands United Kingdom France Belgium Italy ‘Spain

Editor's Notes

  1. The backdrop to all of this is that we are in the midst of a massive amount of technological change. We are moving from scarcity to abundance. Cost per million transactions was $222 in 1992 to 6 cents in 2012. Cost for sequencing a genome in 2001 was $100 million … in 2015, it was $1,000 (https://www.genome.gov/images/content/costpergenome2015_4.jpg) Cost for hard drive storage in 1980 $437,000 per gig … now it is .019 cents per gig 2016 (http://www.statisticbrain.com/average-cost-of-hard-drive-storage/) An industrial 3D printer in 1987 was $800,000 … in 2012, it was $15,000 … and in 2013 In 2007 a personal 3D printer was $4,000 and in 2013, it was about $1,000 (and dropping) (Accenture 3DP Article)
  2. Intelligent Automation: Creates growth through a set of features enhancing traditional automation solutions. Ability to automate complex physical world tasks that require adaptability and agility Ability to learn by experience and improve, enabled by repeatability at scale Based on software robotics + machine learning/deep learning to respond autonomously for it’s defined task. Examples: Customer Service (Answering questions, providing recommendations), Insurance Claims (how to process, adapts the activity based on performance, can be proactive to handle to minimize exceptions/mistakes). It’s base on RPA (robotic process automation) capabilities and then layered with machine vision, self-learning, and adaptive capabilities to enhance the process accuracy, flexibility, and autonomy. Predictive algorithms for supply-chain Automate planning and scheduling of raw material purchase Demand forecasting for more effective pricing strategies Labor and Capital Augmentation: Growth will come from enabling resources to be used much more effectively and valuably Enable humans to focus on parts of their role that add the most value Improve capital efficiency—a crucial factor in Industries where it represents a large sunk cost Using Machine Learning capabilities to provide proactive recommendations, advice, and personalization that enhances performance/productivity. This includes inference engines, predictions, or expert systems. Also AI can be used to optimize the use of raw materials, assets, and capital for an organization – either through analysis and actions or to recommend optimal solutions to buyers, procurement, and operations leads. Innovation Diffusion: New products that are based/rely on AI. This includes autonomous cars, Alexa, and Loon (Alphabet’s system to provide global internet). Optimize operational efficiency Intelligent robots – Reduced worker risks, improve productivity and cost-effectiveness Virtual assistance – Navigates database, and processes general inquiries using natural language InNOVATION & DiFFUSION Ability to propel innovations as AI diffuses through the economy. Innovation begets innovation, the potential impact of an AI solution expands to new products/industries Opens new business models and opportunities Enhancing Product innovation and integrity Modeling oil-refining strategies Compliant Product Lifecycle Management
  3. CHALLENGES Bottleneck on turbine torque is limiting the compressor capacity to produce more Simulations based first principle is tedious and does not holistically generate insights that are visible using big data Reliability concerns/fear of increasing turbine speed Data Science Led Approach Deploy Data Science coupled with process expertise to derive valuable insights from a tight operating window Visualize analytical outputs, delivering insights to operators upfront, ready for consumption Insights on different operating states / trends and key drivers of Ethylene yield Insights on optimization / improved efficiency of the compressor and production management at given energy levels (set points that need to be adjusted towards improved operations)
  4. CHALLENGES Bottleneck on turbine torque is limiting the compressor capacity to produce more Simulations based first principle is tedious and does not holistically generate insights that are visible using big data Reliability concerns/fear of increasing turbine speed Data Science Led Approach Deploy Data Science coupled with process expertise to derive valuable insights from a tight operating window Visualize analytical outputs, delivering insights to operators upfront, ready for consumption Insights on different operating states / trends and key drivers of Ethylene yield Insights on optimization / improved efficiency of the compressor and production management at given energy levels (set points that need to be adjusted towards improved operations)
  5. CHALLENGES Bottleneck on turbine torque is limiting the compressor capacity to produce more Simulations based first principle is tedious and does not holistically generate insights that are visible using big data Reliability concerns/fear of increasing turbine speed Data Science Led Approach Deploy Data Science coupled with process expertise to derive valuable insights from a tight operating window Visualize analytical outputs, delivering insights to operators upfront, ready for consumption Insights on different operating states / trends and key drivers of Ethylene yield Insights on optimization / improved efficiency of the compressor and production management at given energy levels (set points that need to be adjusted towards improved operations)
  6. Intelligent Automation: Based on software robotics + machine learning/deep learning to respond autonomously for it’s defined task. Examples: Customer Service (Answering questions, providing recommendations), Insurance Claims (how to process, adapts the activity based on performance, can be proactive to handle to minimize exceptions/mistakes). It’s base on RPA (robotic process automation) capabilities and then layered with machine vision, self-learning, and adaptive capabilities to enhance the process accuracy, flexibility, and autonomy. Labor and Capital Augmentation: Using Machine Learning capabilities to provide proactive recommendations, advice, and personalization that enhances performance/productivity. This includes inference engines, predictions, or expert systems. Also AI can be used to optimize the use of raw materials, assets, and capital for an organization – either through analysis and actions or to recommend optimal solutions to buyers, procurement, and operations leads. Innovation Diffusion: New products that are based/rely on AI. This includes autonomous cars, Alexa, and Loon (Alphabet’s system to provide global internet).
  7. Intelligent Automation: Based on software robotics + machine learning/deep learning to respond autonomously for it’s defined task. Examples: Customer Service (Answering questions, providing recommendations), Insurance Claims (how to process, adapts the activity based on performance, can be proactive to handle to minimize exceptions/mistakes). It’s base on RPA (robotic process automation) capabilities and then layered with machine vision, self-learning, and adaptive capabilities to enhance the process accuracy, flexibility, and autonomy. Labor and Capital Augmentation: Using Machine Learning capabilities to provide proactive recommendations, advice, and personalization that enhances performance/productivity. This includes inference engines, predictions, or expert systems. Also AI can be used to optimize the use of raw materials, assets, and capital for an organization – either through analysis and actions or to recommend optimal solutions to buyers, procurement, and operations leads. Innovation Diffusion: New products that are based/rely on AI. This includes autonomous cars, Alexa, and Loon (Alphabet’s system to provide global internet).