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Fig. 4 - EcoStruxure for oil &   ken and development planned in the aggregate,   These new open architectures of connected pro-
            gas is an open architecture   with the application and the physical environment   ducts, edge control, and apps, analytics and servi-
            designed  to  optimize  IIoT   being central considerations (figure 4).  ces now interoperate across the domains of power
            business value        Fortunately, there’s no need for oil & gas engine-  and oil & gas plant facilities.
                                  ers to reinvent the wheel by architecting a virtua-
                                  lization infrastructure from the ground up. Infra-
                                  structure companies  like  Schneider  Electric have  Linking the new technologies
                                  developed vendor-neutral, validated architectures   to profitability
                                  (which Schneider Electric calls “EcoStruxure for Oil
                                  & Gas”) that include an open but tailored stack of   Early signs of the link of digitalization technologies
                                  connected products, control level software, and   to profitability science are emerging in the domain
                                  cloud-based services for supporting applications   of process automation. The new systems designs
                                  and data analytics. Such platforms are made ac-  are much more aligned to the business problem
                                  cessible to developers and to a wide ecosystem   than to the physical hardware constraints. That re-
                                  of partners so that systems are more agile, flexible   presents a huge step forward in terms of enabling
                                  and secure. This common platform/open architec-  higher profitability. In essence automation is emer-
                                  ture/open ecosystem approach accommodates in-  ging as not only an engine for control of a process,
                                  formation technology (IT) and Operations Techno-  but also a critical element in helping to control the
                                  logy (OT) equipment and software and IoT-oriented   profitability of that process.
                                  solution development.                    New tools that enable this profitability measurement
                                  EcoStruxure for oil & gas is the comprehensive   (Schneider Electric’s EcoStruxure Profit Advisor
                                  architecture of innovative digital technologies that   being one example), use big data analytics to mea-
                                  allows companies to seamlessly connect, collect,   sure the financial performance of an industrial ope-
                                  analyze and act on data in real time to improve sa-  ration in real time, from the equipment asset level of
                                  fety,                                    a plant up to the process unit, plant area, plant site
                                  The EcoStruxure architecture allows for much   and enterprise levels. On-premise or cloud-enabled,
                                  easier management of core oil & gas processes   these tools work with any process historian to mine
                                  across the key elements of cloud, edge, and on-  both historical and real-time data. The data is then
                                  premise. Operators, for instance, are able to view   processed through the company’s segment-specific
                                  cloud connected critical data anytime, anywhere   accounting algorithms to determine real-time ope-
                                  from any device. Resiliency and visibility are impro-  rational profitability and potential savings. The tool
                                  ved through live sensor data, predictive analytics,   continually displays operational profitability and also
                                  and smart alarming. Operators also have access to   projects profit potential into the future. When inte-
                                  experts monitoring connected assets 24/7.  grated with process control, such tools help oil &
                                  Deployable both on-premise and in the cloud with   gas companies reduce energy and materials costs
                                  built-in cybersecurity at each architectural level   3-5% and improve production output 1-3% [10].
                                  users are able to perform real-time corrective ac-  This new level of desired control means that deci-
                                  tions  in  the  short  term  and  optimize  their  whole   sions need to be made within a timeframe that im-
                                  ecosystem in the long term. This results in better   pacts the process. In instances where this is achie-
                                  decisions which directly increase the profitability of   ved, profitability will shift down into the domain of
                                  the business.                            control. When profitability, control, efficiency, safety,
                                  EcoStruxure improves the agility of organizations   and environmental risk are all allowed to link, execu-
                                  by enabling key process owners to respond more   tives will be in a much stronger position to discern
                                  quickly to market dynamics. By providing a colla-  integration’s positive impact on the profitability of a
                                  borative workspace that connects applications and   plant because measurement is now visible. Once vi-
                                  analytics to the field systems/devices, the archi-  sible, stakeholders can learn over time how to make
                                  tecture allows teams to view combined intelligent   decisions that influence not only on the safety and
                                  dashboards in real-time, enabling faster and more   efficiency of the plant but also on the profitability of
                                  accurate decisions.                      the plant.



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