Digital Transformation - London Summit

London Summit – Digital Transformation Vocabulary Value Chain _______________________________________________________________________ Assets _______________________________________________________________________ Roundtables _______________________________________________________________________ Breaking Ground _______________________________________________________________________ Deploy _______________________________________________________________________ Project Lifecycle _______________________________________________________________________ Unlock Opportunities _______________________________________________________________________ Keep Up _______________________________________________________________________ Planning Approach _______________________________________________________________________ Usability Assessment _______________________________________________________________________ Collaborative Contracts ______________________________ _________________________________________________________________ ___________________________________ Risk Share _______________________________________________________________________ Stakeholders _______________________________________________________________________ Problem Solving Mentality __________________________ ___________________________________________________ _______________________________________ Supply Chain _______________________________________________________________________ Skill Sets _______________________________________________________________________ Skill Gaps _______________________________________________________________________ Corporate Culture _______________________________________________________________________ Apprenticeship Program __________________________ ___________________________________________ _______________________________________ Widespread _______________________________________________________________________ Track Progress _______________________________________________________________________ Commitment _______________________________________________________________________ Smart Infrastructure _______________________________________________________________________ Forecast _______________________________________________________________________ Funding Sources _______________________________________________________________________ Revenue Sources _______________________________________________________________________ User Centric View _______________________________________________________________________ Build a Pipeline of Talent __________________________ _________________________________________________________________ _______________________________________ Anderson Romanhuk London Summit – Digital Transformation Discussion Questions What is your Digital Transformation rmation Strategy? (Advanced Analytics, AI, IoT, Robotics, 3D Printing Printing…) ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ The summit participants identified 2 actions to help the industry come together: Develop a single, global platform to share data on digital best practices that is open and accessible accessible to all players in the industry and level group that sets data and technology standards to unlock opportunities presented by create an industry-level the internet of things (IOT), analytics and artificial intelligence. Discuss the 2 actions… actions ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ The dialogue across all four summit pillars (plan, finance, build and operate) surfaced a need for changes to term. What would be the changes based how we design projects, define their success and invest in the long-term. on what we currently do today? ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ Anderson Romanhuk nds the use of collaborative contracts that set expectations beyond financial incentives. The summit recommends What would the guidelines nes for the use of such contracts? Have you already used anything like it? ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ The summit also recommends businesses to attract and develop the workforce to evolve with industry needs. How would you attract or develop the wor workforce in such a manner? ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ On the highlights from the 2018 Summit, discuss the analysis made on each, PLAN - Innovate early in planning processes and design for the future, Digitize and automate processes and esilient and climate-smart systems, Prioritize capability building and recruiting new talent, Invest in rresilient climate infrastructure. ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ FINANCE - Refine business plans and forecasts using data analytics, Build flexible assets to capture a range of funding sources over time, Include diverse revenue sources in financing plans, Bu Build and broaden investors´ in-house digital expertise. ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ Anderson Romanhuk well-defined, BUILD - Scale the use of interoperable and modular components, Measure progress against a well outcome-focused focused business case, Use real-time real time management data to enable early identification of project issues, Adopt collaborative contracts that incorporate ris riskk sharing and clear requirements. ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ OPERATE - Adopt a user-centric centric view, Use technology to break down barriers between assets and systems, Consider regulatory latory and procurement changes to set the conditions for innovation, Plan for changes in mobility as the biggest disruptor across all types of infrastructure. ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ CROSS-CUTTING SESSIONS - Build a pipeline of talented and diverse project leaders to set critical major financing needed projects up for success over a long term and Minimize risk to attract private and multi-lateral multi to close the infrastructure investment ment gap. ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________ Anderson Romanhuk