Achieve business outcomes that matter
Measure, manage, and operationalize your sustainability goals – including decarbonization, energy resources management, and reduced WAGES.
Achieve operations visibility and AI-based optimization, linking plant-floor actions to your enterprise sustainability initiatives.
A system of record to automate accurate GHG data collection, provide valuable insights, and identify ways to reduce carbon emissions
One modular solution to connect, see, control, and optimize DERs from a technical and an economic standpoint
Reduced operational costs and risks using Digital Twins, machine learning and predictive models
Increased network reliability
Advanced analytics to predict future asset and process performance for reduced variability and improved operations
Optimized asset performance to reduce risk and improve safety, reliability, compliance, and efficiency
Optimize assets and processes – from plant-level operations to the enterprise – with self-service process analytics software.
Minimized potential impact of anomalies
Comprehensive visibility of asset health for rapid situational adjustments with quality information
Streamlined mechanical integrity solution to reduce risk, maintain compliance and optimize resources
Develop, implement, maintain, and optimize asset strategies to effectively balance cost and risk
Operational visibility and analysis to reduce asset failures, control costs and increase availability
Performance Intelligence with APM Reliability is your partner in meeting your plant and fleet performance goals.
Predictive analytics software, helps prevent equipment downtime by detecting, diagnosing, forecasting & preventing emerging failures.
The AI-powered product automatically explores the space of operation of gas turbines, builds a machine learning model, and continuously finds the optimal flame temperatures and fuel splits to minimize emissions
BoilerOpt works within existing plant technology to improve boiler productivity and air-fuel ratios in a closed-loop system
Pre-built templates for equipment health monitoring, asset strategies, and process workflows
Operator rounds efficiency and operational impact
Secure and scalable data connectivity, analytics, and application services
Visualized data intelligence to make informed maintenance decisions
End-to-end digital solutions reducing costs, empowering crews, and improving the passenger experience
Addressing fuel usage, carbon emissions, airspace efficiency, predictive maintenance, and more
Increased fuel efficiency and reduced waste
Early detection of aircraft and component degradation
Reduced costs related to disruptions
Visualizations and analytics to help airline decision makers identify waste in an airspace
Fuel efficiency reports, helping airlines operate at peak safety and efficiency while reducing their carbon footprint
Operational excellence and improved safety
Outcomes that move your business forward in fuel, safety, and predictive maintenance
Analysis of multiple flights, routes, and assets across years
Reduced environmental footprint
Services and solutions to reduce vulnerability and identify, detect, prevent and protect
Turnkey solutions to reduce vulnerability and identify, detect, prevent and protect assets and systems
A globally recognized benchmark for procurement of OT secure products.
Strengthened device security across the development lifecycle
Informed decision making with data and insights from across the enterprise
Native cloud service for a data historian.
Safe and secure management and orchestration of the distribution grid
Network-level optimization with high-performing distribution power applications
Overcome foreseeable load variations
Minimized disruption of service even in extreme weather conditions
Effective management and orchestration to unlock the power of renewables and DERs
AI/ML energy market recommendations to improve profit for renewables and thermal generation assets
Increased output and energy production at times of highest demand
A common network view to ensure electrical integrity, network validity and infrastructure management
Operational efficiency and reduction in build costs while meeting regulatory regulations
Accurately model your asset network, support traceability, help assure data completeness, & support integrity management
End-to-end network connectivity modeling and data workflow management
Software designed to help grid operators orchestrate the grid
Increased efficiency and reduced costs
Secure-by-design connectivity and certification management, and faster operator response
Faster operator response and increased efficiency
Centralized visualization and configuration, digitized processes and intelligence
Full visualization and control seamlessly across devices, including phones, tablets and desktops
Best practices and proven deployment learnings
In-depth understanding of how GE Digital software can help your operations
Holistic performance management for today’s connected enterprise
Management of fast-moving processes as well as slower moving, labor-intensive jobs
Cost savings with improved manufacturing overall equipment effectiveness
Batch automation, regardless of the underlying equipment
Data analysis for quick identification of defects and better optimization of processes
Unified manufacturing data from disparate systems to better meet changing consumer demands
Procedures managed in an electronic format for consistency and predictability
Optimized production with better planning
Improved throughput with greater efficiency and lower costs
Materials to help you better understand GE Digital software and its robust functionality
Integrated solutions for improved efficiency and sustainability while supporting business growth
Mobile operator access to essential on-site HMI monitoring and control functions
Enable remote staffing, flexible resourcing and centralized monitoring across facilities
Boost worker productivity, automate tasks, keep safety first
Energy management for the zero carbon grid
Reliable mobilization of network assets to ensure maximum transmission of energy from multiple sources
Integrated solutions suite for energy market management
Decentralized data collection, data volume handling, and remote management
Getting the most benefit out of digitization and industrial IoT
Services that deliver best-in-class results
Rapid digital transformation wins based on industry-proven value cases and ROI
Best practices for your industrial processes to help build and maintain operational resilience
GE Digital’s expert service and support teams create value and deliver on business objectives
Expert service and support teams to maximize the benefits from your IIoT software
Improved efficiencies, optimized production and quality and reduced unplanned downtime
Increased reliability and availability, minimized costs, and reduced operational risks
Increased value from your equipment, process data, and business models
Facilitate documentation between airlines and lessors
Reduced costs related to disruptions with real-time visibility
The cornerstone of your journey to operational excellence
Operational excellence including improved reliability, reduced costs and managed risk
GridOS, the first grid software portfolio designed for grid orchestration
Reduced operational costs and risks using predictive models
Enhanced overall situational awareness
Field-connected operations and management
One modular solution that enables grid operators to connect, see, control, and optimize DERs from a technical and an economic standpoint
Reduced operational and new build costs and improved field inspection productivity
A holistic picture of the grid, reducing cost and complexity from traditional inspection approaches
Optimized operations to best meet changing consumer needs
Reduced variability and improved operations.
In-depth understanding of our software and its functionality
A clear a path to operational transformation
Maintain consistent quality and reduce cost per ton
Optimized costs and improved reliability while reducing risk to keep your teams and communities safe
Streamlined end-to-end operations driving high-volume, high-quality production
GE Digital software is the backbone of modern plant operations
Improved reliability, increased availability, and reduced O&M costs
AI/ML to make your gas turbine's fuel and air controls smarter
Increase energy production at times of highest demand without costly maintenance adders or adversely impacting the maintenance interval
Operate from anywhere with secure remote/mobile operator controls
Inclusive outsourcing services that deliver best-in-class results
Achieve digital transformation
Expert service teams to maximize the benefits from your IIoT software
Reduced costs, lower risk, and faster response times
Analytics to predict future asset and process performance for reduced variability & improved operations
A common network view to ensure integrity, network validity and infrastructure management
Mission critical software to better operate, optimize and analyze your work to deliver results
Locate the best partners to meet your needs
Digital transformation acceleration
Technical and domain expertise that complements GE Digital’s industry leading applications
Assistance to accelerate your digital transformation and put your industrial data to work
Deep domain knowledge and technical expertise
Product training, industry education, and rigorous certification programs
More efficient and secure electric grid, greater sustainability and waste reduction
Solutions for today, scale for tomorrow
Increased reliability and reduced reactive maintenance leading to higher efficiency and reduced costs
Using Digital Twin blueprints, GE's Industrial Managed Services team monitors 7,000+ global assets
Understanding of the latest thought leadership that can be applied to your operations
Understand how our software and services help our customers solve today's toughest challenges
Experienced team dedicated to customer success
Success stories and product updates from the world of Electrification Software
Analyst and third-party expert opinions of Electrification Software and our software and services
White papers, product overviews, and other content to help you put your industrial data to work
Experience in leading edge software development and business working with best-in-class leaders
Understand how Electrification software and services helps our customers solve today's toughest challenges
Energy Transition
After a solid profitable year, what is next for the future of the oil and gas industry? What are the best ways to balance Net Zero goals, pressure to be profitable and the global uncertainty?
2022 was a year of record profits for the oil and gas industry - a year in which Russia's war on Ukraine collided with the post-pandemic economic recovery to drive oil prices to their highest levels in history. While the future remains uncertain due to geopolitical and macroeconomic fluctuations, most oil and gas companies have surplus profits to invest in strategies in 2023.
This is particularly critical since the industry has been facing with the tough challenge to find the right balance between sustainability, reliability and affordability – the energy trilemma, a term referenced by the World Energy Council - while dealing with the pressure to reduce greenhouse gas (GHG) emissions and to achieving the goals of the Paris Agreement.
Oil and gas companies have been proficient at delivering the fuels that form the foundation of today’s energy system; the question they now face is whether they can help deliver the energy in a sustainable and profitable way through digital transformation[1].
Many of the large oil and gas companies have already started major investment in carbon capture and other carbon reduction strategies, but much more is still needed. Rystad Energy and Wood Mackenzie[2] both issued recent studies pointing out that the world has experienced an enormous structural shortage of investment in the finding of new oil reserves since 2014, a shortage measured in the hundreds of billions of dollars. That lack of adequate investment will almost certainly cause supply shortages soon if global demand continues to rise, as seems almost certain.
Apart from policies, regulation, geopolitical and economic factors, there three major pathways to Net Zero for the future of the oil and gas industry:
Two of the three strategies rely heavily on software to improve operations efficiency while reducing emissions and carbon footprint.
In a recent study from Gartner® [1], CIOS and technology leaders indicated which areas they would be increasing and decreasing investment. The top three areas mentioned are 1) Cyber/Information Security followed by 2) Business Intelligence/ Data Analytics and 3) Cloud Platforms, which is aligned to what GE Digital has been hearing from customers (figure 1).
Here is a good moment to pause and think of your company’s strategy and the areas you plan to invest more and the ones you plan to reduce or eliminate investment. Do they support the overall strategy and growth of your organization? Which of the technologies above are most relevant to your company and why? Do you have a set budget allocated for those investment in 2023?
The same Gartner study uncovered a variety of objectives for digitalization investment. Improve Operational Excellence comes on the top of the chart followed by Increase Employee Productivity and Ensure Business Continuity and Resilience (figure 2). Defining a clear objective is critical to track and measure ROI of your digital investment.
As no surprise, more executives are measuring digital returns: from 23% in 2020 to 41% in 2022[4].
GE Digital is partnering with Oil & Gas companies across the world to find the best solutions to successfully navigate the energy transition and achieve Net Zero. The most critical path for this success is trough digitalization of operations. Software designed to focus on asset an operations performance as well as power orchestrations, plays a vital role in helping improve performance and enable more reliable, affordable, and viable energy.
GE Digital customers are already adopting digital solutions that can substantially cut fugitive emissions of CO2 and methane (CH4) – both powerful greenhouse gases. Use of Asset Performance Management (APM) software, for example, improves maintenance routines to reduce intermittent flaring and improve leak detection and repair (LDAR) to reduce methane leaks. These changes alone have the potential to curb 62% of all emissions across upstream, midstream, and downstream operations.
France-based TotalEnergies hasn’t recorded a single unanticipated failure of critical production assets since 2013, when it implemented predictive analytics technologies. The center focuses on four key areas: power generation; gas compression; water injection and crude oil export. The monitoring operation across these four areas is extensive, with 30,000 sensors monitoring 260 shaft lines and 540 pieces of equipment. Data is sampled every 10 minutes to limit the burden on data storage without impacting analysis and effectiveness.
In Argentina, state-owned oil company YPF is extending deployment of monitoring and optimization software to approximately 30,000 assets, encompassing rotating, instrumentation, and electrical equipment. The move is allowing technical knowledge transfer across numerous sites in remote areas of the South American country.
Power consumption is projected to triple by 2050 as electrification and living standards grow. Despite all the uncertainty of what tomorrow brings for the global economy there is no debate that energy demand will increase.
The entire energy industry, including power generation, chemicals, and mining will benefit from software and digitalization to deliver environmental and economic gains in a world that will continue to demand more green energy. 2023 could be the perfect year for the oil and gas industry to accelerate investment in digitalization, with the profits gained in 2022.
[1] International Energy Association, World Energy Outlook, The Oil and Gas Industry in Energy Transitions
[2] Forbes, Big Profits For Big Oil From The High Price Environment Of 2022
[3] Gartner, 2023 CIO and Technology Executive Agenda: An Oil and Gas Perspective, Simon Cushing, Rich McAvey, Published 9 December 2022
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
[4] EY-Parthenon, How can your digital investment strategy reach higher returns?
Global Marketing Director, Power Generation and Oil & Gas
Francis brings 20 years of experience in B2B marketing with special focus in oil & gas and the energy industries. She helps delivering the best customer experience with GE Digital products and services assisting companies to maximize the value of Asset Performance Management and unlock the potential of software and digitalization. Francis holds a Masters in Integrated Marketing from Northwestern University and is based in the energy capital of the world, Houston, Texas, USA.
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