Unlock Transformational Value through Technology: How Leaders are Changing the World
Companies have been using automatization in their business processes for a long time
For metallurgy, for the whole industry automatization <...> is not a new concept. It is clear that producers have always tried to collect as many data as possible and control production processes. The other thing is that today, with the development of digital technologies, we get an opportunity to collect a larger amount of data and analyze them. These are our skills and abilities that help us work efficiently. Metalloinvest is consistently making its way; we worked with our colleagues from Accenture on the Industry 4.0 programme for three years, from 2017 to 2020. Now we are at the next stage of digitalization. Artificial intelligence and big data make it possible to take the next steps — Nazim Efendiev, General Director, Management Company Metalloinvest.
Digitalization has turned old production companies into tech-savvy ones
Before they began to become think tanks, banks looked like [traditional lending institutions, Ed.]. Those offices, white collars, more or less decent, I would say. <...> While petrochemical companies looked completely different, they were even referred to as dull, dirty, dangerous. <...> But we managed to change this. Digitalization, digital transformation is one of the levers of this transformation. <...> This means that we are also turning into an analytical centre and are becoming more like a flight control centre. We are building coordinated digital remote control rooms, from which people who make decisions based on data control the work of these factories. And from one control room, we can simultaneously manage several production sites — Alice Melnikova, Director of Digital and Information Technology, SIBUR Holding; Chief Executive Officer, SIBUR Digital.
Technological development is unpredictable for companies
The world is developing very quickly in terms of acceleration and technology. What has been happening in the past few months? In fact, we have been discovering new ways of interaction between people. What happens in a company when people are no longer physically present in the office but still need to get the work done? How can we connect to our consumers, to our clients? E-commerce has taken a huge step forward this year. But even more is yet to come. Much of what has happened seemed impossible until recently. What is happening with technology certainly adds value: 5G <...> artificial intelligence and so on. If a company is driven by ambitious plans related to technology and digital core, then what do they need to do? They must rethink their product, the work they do — Frank Riemensperger, Senior Managing Director, Head of Germany, Switzerland, Austria, Russia at Accenture.
During the pandemic government agencies faced challenges due to poor digitalization
Rosreestr provides 15 public services, performs eight control and supervisory functions. We have about 50,000 people across all Russian regions. Every year we provide more than 133 million services and perform about 100,000 registration procedures daily. This means that we are doing a huge amount of work. About 30% of specialists are public registrars of rights. Of course, when the pandemic came <...> we were not ready for this at all, but we understood that the agency could not stop working. We were operating in an emergency mode. We had to transfer our services into electronic form. All data that we use in our work are stored in a system called the Federal State Information System of the Unified State Register of Property Rights. Those who <...> faced <...> the need to obtain information from the real estate register or to perform registration procedures, wanted to do it quickly, with the service being accessible and everything being done electronically. When we analyzed these needs related to Rosreestr, we realized that we needed to change — Elena Martynova, Deputy Head,The Federal Service for State Registration, Cadastre and Cartography (Rosreestr).
Business first tests new technologies on less important projects
[We are implementing, Ed.) a unique project, currently it is the largest unexplored field in the world <...> it is unique in its location, capex size and production volumes. Once launched, we aim to complete the construction by 2026–2027, and after that, thanks to this new asset, Polyus's gold production will almost double. <...> Of course, while implementing such project, we must take advantage of all technologies and developments that are available in the world and in global practices that we have already tested on our other assets, but during their implementation we had to go through a very difficult and sometimes long transformation from traditional routine management methods to new digital technologies. In Sukhoi Log, where we design production from scratch, all these developments are already incorporated in the initial project, and working groups that are making preparations are guided by these new solutions from the very beginning — Pavel Grachev, Chief Executive Officer, Polyus.
Companies want to get data from all available sources, analyze them, and improve business processes
Technologies that we are implementing are, first of all, designed to work with data, to process huge amounts of information, they help to make decisions on operating processes and on the subsequent supply chain <...> as well as planning and delivery of products to clients across the world. What used to be planned over months, now is planned over days and even hours. <...> We apply quite advanced pricing tools, because of the large number of product brands. Prices vary by brand in different countries. Therefore, calculations of where what products should be delivered require a rather powerful analytical system. The second group of technologies is the technologies of the industrial Internet of things that allow to collect these data from equipment, from production plants and from people — Alice Melnikova, Director of Digital and Information Technology, SIBUR Holding; Chief Executive Officer, SIBUR Digital.