Growing business with digital connectivity

Growing business with digital connectivity

9:34 AM, 24th August 2017
Vikas Deshmukh, Vice President, Technology Center of Excellence, Reliance Industries
Vikas Deshmukh, Vice President, Technology Center of Excellence, Reliance Industries.

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.

We have also implemented integrity operating windows (IOW) to predict future incidents. This solution has helped us model our operations on the basis of past incidents. For eg. the issue of a leakage in a certain pipe due to some corrosive material. Here, IOW captures the lab analysis, process parameters etc, to continuously monitor the situation notifying the maintenance team to act before any damage happens. 

Acceptance of IIOT.

In the petroleum industry, the digitization index is still low. The management needs to understand the importance of these solutions and the ways in which it can add value to the entire system.  

© Chemical Today Magazine

 

See the Interview in Chemical Today magazine

https://www.worldofchemicals.com/digitalissue/chemical-today-august-2017/22

View the magazine on Mobile, download the Chemical Today magazine app

http://bit.ly/21W5H0z

http://apple.co/1ZwID77

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