In two weeks. I'll be running in my first marathon.
I'll cross the finish line hours behind the elite Runners.
They'll be no oversized check for me to hold up. No big endorsement deal to sign
but my finish will be historic. groundbreaking
because in two weeks
I'll become the first transplant patient to complete a marathon with a bioengineered
heart. We are making future advances possible
and it starts now.
We are expanding what's possible by enabling a secure integrated supply chain
to get exactly what's needed where and when it's needed.
And we're efficiently managing Ever Changing Demand with Speed and Agility.
Simplifying complexity and applying technology. So a single machine
is capable of endless customization
and getting people superpowers by collaborating with technology
building and learning from each other.
We are minimizing impact enabling NetZero carbon production and optimization of
resource consumption.
And working in the industrial metaverse accelerating development in the digital world
for the greatest impact in a physical world.
Expanding. What is humanly possible?
If we can manufacture a bioengineered heart together anything is possible
Rockwell Automation is creating the future of industrial operations
now.
Welcome to automation Fair 2023, please welcome Rockwell Automation
Chairman and CEO Blake Moret to the stage.
Good morning, everyone. I hope you're as excited. As I am
to attend this 32nd automation fair, you know as somebody who
has attended a lot of these I can remember in the early days when the total attendance
would have taken up about half of this room, and we've grown both in terms
of attendance of but also in terms of the number of
exhibitors and the breadth of what we're offering it's always been at its core a
training event, but with the show and with the industry
forums and also a larger amount of training than ever before
I think this really represents here in Boston
Milestone on our journey of automation fair and really as Rockwell as a company,
it continues to be about us and our friends
because with all the capabilities that Rockwell has we can't do it alone.
We have strong Partners every step of the way.
We'll be talking to some of those this morning. And so that ecosystem is
what really sets us apart.
In terms of Rockwell's offering as we've evolved and you saw the concept on the video
a minute ago, but some of you took the tour of the actual Advanced
regenerative medicine Institute nearby in New Hampshire
earlier this week to show what we're actually doing along that journey
in terms of regenerative medicine. And for me, that's one of the clearest
examples of how we're making this real taking a concept of tissue regeneration
and doing it at scale with the knowledge and the expertise that
that Rockwell has it's bringing the connected Enterprise to life in ways that you
wouldn't have thought of as Rockwell being a participant in even a few years ago, but
we're making that happen. Our job is to
understand customers complex challenges
to be able to help them better Define what the specific issues are
and to simplify the business of automation because I still
believe that's really what's going to set apart the winners and the losers over the
next decade. We combined the technology
and the expertise to create outcomes
and these help our customers. More resilient and agile and sustainable.
So let's talk a little bit about what those specific outcomes are
start with kind of our core is to optimize production.
Better faster cheaper doing that with closed-loop control
and that technology is still terribly important to Rockwell across a variety of
Industries. One of the recent examples in
the semiconductor industry, which is getting a lot of attention now is the use of our
Independent Cart Technology
In what was previously a very manual operation
to decrease their throughput time and therefore
increase their overall productivity.
Another example is building resilience. And I think all of us
have recognized that during the last couple of years
resilience is back on the charts as something that is
uppermost in the minds of Manufacturers across a variety of Industries beginning with
covid shutdowns and the need for redundant operations when you just couldn't
get people into certain places to supply chain chain. Images
that we could not have conceived of that limited production
and caused us to see shortages of critical components
to being able to forecast demand accurately to
deal with that kind of volatility that we didn't think we were going to have to
deal with in this time.
And to be able to add that resilience cybersecurity
another area that Rockwell provides a broad range of services for to help customers
understand their risk and then act on that. These are all ways that
we can build resilience for what comes next whatever that might be.
We just made an acquisition of Verve that significantly increases our capabilities
with respect to cyber security. adding software
that we can continue to build our services around to provide those outcomes for
customers to make them the hardest possible targets.
Plex Demandcaster is another example helping to better understand what the demand is on
our supply chain. And so this is an area that for years. We've
talked about that idea of connected supply chain
and customers intuitively know that there are huge savings and efficiencies to be gained
there and Rockwell has significantly increased our
capability to help with that connected supply chain and will continue to invest in this
area. Another outcome is to empower people,
you know, it may sound a little bit unusual for an automation company to talk about
people as much as we do but this really is a human Centric view of the plant floor
and we know that the winning hand is enabled energized
people who are comfortable interacting with the technology that gives them
superpowers. And so that's it's a different way of framing
our opportunity, but we that we find it to be very useful and it's so important because
in a period where Workforce shortages
are on the critical path to project completion across a lot of these industries
making the most of scarce resources.
By getting those people comfortable with the technology
and properly equipping them is sometimes the difference between a
successful and unsuccessful project.
Another outcome sustainability and importantly sustainability
is something that has multiple Dimensions. It starts with just
being a more efficient Steward of the inputs that you need. So let's start
by making sure that we limit the amount of energy of water.
That is needed in those operations. And then we look at the sources of that
energy helping to decarbonize traditional sources
of energy and then speeding the production and the capacity expansion
of Renewables as well. And so these are some of the outcomes that we can do and
importantly it's with the same set of tools the same technology. That's Being used for
the basic control. So if you think of it, it's another aspect of multi-discipline
control to be able to address the energy requirements
as well. One of the places that we're doing. This
is with Occidental and their 1.5 project. So Occidental Petroleum has an
initiative where they're
producing some of the largest direct air capture units in the world, and we're very
proud to be the the process control supplier for these direct air capture units
Another area to be able to provide these outcomes is in
accelerating digital transformation.
I'm sure that virtually all
of the customers in this room today have initiatives
that are centered around digitizing their operation creating digital twins to be able
to simulate their processes to be able to bring
to the left on the timeline the commissioning of those processes to be
able to model those operations and gamify potential changes
to the layout. To be able to move faster 2D bottleneck
and to incorporate new requirements new packaging formats and so on
and the technology is available today to be able to do that
virtually without having to run the endless hours of physical material through these
processes in a in a trial and error process that's wasteful
and so accelerating that digital transformation.
We have the Consulting Services. To help customers better Define those
problems up front to help with the change management because
that's so important. What begins as a glimmer in somebody's eye in
corporate engineering will fail if the plants themselves
don't feel empowered and engaged in that process
and we can help with that because we've seen it hundreds of times before
and then the technology tools like emulate 3D
Factory talk twins Studio to be able to help
model those processes to simulate them and then transform that into more efficient
operations.
We really are picking up the pace as a company
the things that I'm talking about this morning
largely were not a part of our portfolio
10 years ago and we built on that Foundation
of Rock Solid control Hardware the end devices
the program will control the operator interface
and built around that the additional information management capabilities.
The high-value services that are part and parcel of delivering these
outcomes and I think we're in a hole news place as we
really we create the future of these industrial
operations. So we talked about our offering
as including the production design the things I've talked
about with emulate 3D twin Studio factory talk Design Studio things like that.
We have the control. with our continuing best-in-class logixai
Mobile robots. It's really a space that is as important as the basic fixed line
control in operations, and we didn't really address that as much in the past. I know for
all the years. I've been in this business as I've tried to explain to people on the
outside. You know, what do you do? They say? Oh, so like robots automation, like robots.
Well, not really and now we can say yeah a little bit we are in the robot business
because there is a natural Affinity there
those together it's also about the edge and Cloud
Solutions and we recognize that their different
applications requiring on-premise information management
and Cloud native SAS applications, and we have
both in a really strong portfolio we have built and we have bought
different applications. You'll hear more about these over the week.
You'll get a chance to see them to give customers a choice because you're a
different places in your journey. Sometimes you want a highly customized on-prem
application. Other times
you just want to get it up and running quick and you're a smaller business and you don't
have the ability to have a full-time staff of it
professionals and Cloud native Solutions help democratize that
and get you up and running quickly. We have both of those and we're also looking
at ways in the roadmap to be able to bring the Best of Both Worlds together. We have
examples for instance of using the quality management capabilities
of Plex. With our Factory talk production Center.
And so it's being able to meet you as a customer wherever you are on that
Journey.
And again, it's about not only the technology but it's also about
the expertise because the parts don't just fit together quite yet.
And so having expertise experts on the technology
having that industry knowledge of understanding. What are
the key gotchas in certain high value applications.
That's an important part of what our lifecycle Services business provides
and also really Lee that ecosystem
we're not so arrogant to think that we can do it all by ourselves.
We have a great network of Partners at each stage of the game
from our Channel our Distributors to our integrators. The machine Builders
all the way through epcs
because we recognize that that web of
community and ecosystem is what's going to win the game.
So that's solid foundation is giving us the opportunity to really
address what I think are endless possibilities as we seek to
to expand human possibility to
basically take the imagination of people and the potential
of technology to address these problems
that we couldn't address as efficiently in the past and in the end it's really about
improving the quality of life. I mean if we About when manufacturing plants
were closing during covid, which shut downs.
We recognized how much we depend on manufacturing and automation
to preserve our quality of life. You just can't do a lot of the things and
Manufacturing through purely manual processes. There's too
many of us. There's too much of a requirement on quality
think of all those doses of covid vaccine you
Couldn't do that manually, you can't packaged food. You can't build cars
without a certain degree of automation intensity.
When I was when I was just down at Georgia Tech in the
80s. I wrote a paper on the impact of the factory of the future and
30-plus years on at had an opportunity to you know, kind of look back in hindsight
at that and I got a couple things right I'd say the paper was
okay not great. You know things like, you know, small parcel delivery,
you know that became
more important as time went on
robots. Obviously continue to be more and more important but one of the things that I
didn't contemplate at that time that have seen now is
the importance of reducing the complexity that human factor and being able to
more easily selected integrate and commissioned the equipment and
to keep it running and to have a Workforce. Is that understood the technology and had the
opportunities for upskilling along the way
that was an area that I didn't really recognize but today I think
you know again that's that's what's going to sort out the winners and the losers going
forward as if we can simplify this whole business
of applying the technology with people who are comfortable interacting with it.