In an interview, Vikas Deshmukh, Vice President, Technology Center of Excellence, Reliance Industries with Chemical Today Magazine talks about digitalisation in the petroleum industry.
Going digital.
For me a digital enterprise is an organization that uses technology as a competitive advantage to integrate information, process, work, and people to bring about organizational change and drive efficiency and productivity.
Today, business focus is changing from “maintaining business” to “growing business.” Business models are changing to “consumption based” models. A digital enterprise is customer centric and demand driven - continuously seeking opportunities to transform plant and business operations, leverages real time information throughout the value chain and encourages collaboration internally and with partners.
Benefits of digitization.
Digitization of a plant reduced costs and risks, improves competency of operating personnel, helps to get higher productivity by doing more with less and brings in predictability in decision making.
Reliance’s experience with IIOT.
We have been using Honeywell’s operation management solutions for the past five years, in order to have planned management of various operations. Most problems happen in the transition phase - when one shift leaves and other shift takes over and information is not correctly passed on. Our IIOT solutions have work processes embedded in them enabling us to move from manual log book entries to electronic logs making detailed information available to every worker. These Operations Logbook secures critical shift handover and takeover processes without minimal communication gaps.
Read more: Growing business with digital connectivity
In an interview, Vikas Deshmukh, Vice President, Technology Center of Excellence, Reliance Industries with Chemical Today Magazine talks about digitalisation in the petroleum industry.
Going digital.
For me a digital enterprise is an organization that uses technology as a competitive advantage to integrate information, process, work, and people to bring about organizational change and drive efficiency and productivity.
Today, business focus is changing from “maintaining business” to “growing business.” Business models are changing to “consumption based” models. A digital enterprise is customer centric and demand driven - continuously seeking opportunities to transform plant and business operations, leverages real time information throughout the value chain and encourages collaboration internally and with partners.
Benefits of digitization.
Digitization of a plant reduced costs and risks, improves competency of operating personnel, helps to get higher productivity by doing more with less and brings in predictability in decision making.
Reliance’s experience with IIOT.
We have been using Honeywell’s operation management solutions for the past five years, in order to have planned management of various operations. Most problems happen in the transition phase - when one shift leaves and other shift takes over and information is not correctly passed on. Our IIOT solutions have work processes embedded in them enabling us to move from manual log book entries to electronic logs making detailed information available to every worker. These Operations Logbook secures critical shift handover and takeover processes without minimal communication gaps.
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