Maximising value from data

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Data Innovation
  • Overview
  • Challenge
  • Background
  • Solution
  • Application

Seizing the opportunity

Advancements in technology, data science and the Internet of Things present new opportunities for our customers to become more efficient, more profitable, fully optimised businesses.

They need a partner that can help navigate this new landscape, manage vast quantities of information, and reveal the meaningful insights that unlock the most value from data.

  • Information overload
  • Making the most of it
  • Inaction is not an option

Information overload

More data is created now than at any point in human history.

Technology advances have created more data sources, exponentially increased data collection frequency, and enabled its transmission more quickly than ever before.

  • The volume of data generated globally doubles every two years
  • A Boeing 787 generates 500Gb of data per flight
  • Transmitting this data is becoming faster and cheaper

Making the most of it

  • Locked away within this data is enormous potential value. If properly processed and analysed, the insights gained from this data can transform every aspect of a customer’s business.
  • But delivering the most value possible requires a unique blend of technology, data expertise and engineering knowledge. It’s not simply a case of ‘doing’ big data – you have to know what to do with it.

Inaction is not an option

Business leaders know they need to act - but don’t always know how.

  • 50% of CEOs place high importance on data analytics today, rising to 83% in five years
  • CEOs in the Aerospace, Defence, Transportation, Logistics and Industrial Manufacturing sectors expect digitisation to deliver $122 billion in cost savings per year
  • Yet 47% of companies have no structured approach to data analytics

30 years of data innovation

For three decades, we’ve used the power of data to give our customers greater control of, and insight into, their operations.

In the air, our data services have led to more efficient fleets spending more time flying. On land, the effective use of data has cut downtimes and maximised plant lifetime performance for the industrial power and nuclear sectors. And at sea, our data expertise has added the insight the marine industry needs to run more profitable, compliant and sustainable operations.

The new opportunity

As technological progress quickens, and with data connecting everyone and everything around the globe, we’re entering a new era of possibility.

Technology infrastructure costs are falling and the connectivity of assets is improving, so the benefits of analytics and data integration can now be accessible and achievable for all.

Going further. Faster.

Next generation data services, today

Advancements in cloud-based technology and the explosive growth in the volume and sources of data have changed the game.

From within our own operations and across those of our customers, we’re able to build a richer eco-system from which to extract more intelligence, and reveal valuable insights that previously remained hidden.

We are creating a major step-change in the capability of our data-enabled services to take customers further and faster in their pursuit of optimised efficiency.

A new data innovation model

We’ve evolved our operating model to allow us to be highly focused, agile and collaborative in creating the next generation of data services.

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Multi-disciplinary teams

What:

Expert teams work closely with customers running focused and rapid development projects to discover cost saving or revenue growth opportunities.

Benefit:

Service innovation that addresses the specific challenges and opportunities of each customer; not off-the-shelf solutions that don’t maximise value.

Extensive data lakes

What:

Creation of a large pool of relevant data from various sources, organised into a single source of truth to extract intelligence.

Benefit:

Using unconstrained analytics techniques to experiment model and deliver more value.

Open relationships

What:

Embedding Data Innovation Cells within customer operations and a total commitment to close collaboration between the project team and the customer.

Benefit:

Unparalleled understanding of customer objectives and challenges, for the development of more targeted and accurate solutions.

Data Innovation Cells

Continuous innovation

What:

Regular, intensive, and time-limited exploratory projects run by the Data Innovation Cells to ensure highly focused working practices and fast results.

Benefit:

Promotes an entrepreneurial philosophy that encourages continuous data innovation and the ongoing pursuit of hidden value within customer operations.

Service introduction

What:

A simplified, more focused approach to the development of new solutions that removes traditional barriers and streamlines procedures.

Benefit:

Unconstrained by old service delivery cycles, we’re able to respond to and meet changing customer needs with much greater speed than ever before.

Delivering excellence

What:

Alongside pace and agility, we remain committed to the highest standards in our delivery.

Benefits:

Effective, real-world implementation means customers see the full benefit from our solutions.

Sprints

Innovation community

What:

A community of data innovators to add depth and breadth to our data ecosystem, including OEM partners and a wide range of trusted third parties.

Benefit:

Our customers benefit from all the expertise and innovation potential from this community – while still getting the Rolls-Royce service they expect.

An open platform

What:

A single architecture platform that provides a secure, open and technology-agnostic environment.

Benefit:

Maximum potential for collaboration among our data and technology partners, without the limitations of other closed, proprietary analytics systems.

Collaboration

View Benefits

Data services in action

Our data services are unlocking hidden value for customers across the sectors we serve. Here are just a few recent examples.

For an airline customer, new insights from data have led to a better understanding of taxiing fuel consumption, drinking water requirements, diversion flight planning and the zero-fuel weight of its aircraft – saving nearly $10 million in annual fuel costs.

In the Defence sector, data and algorithms are being used to improve service interval times for turbine shroud inspections from 100 to 400 engine flying hours. This initiative has streamlined maintenance schedules and significantly reduced disruption to the customer’s operations.

Data services in action

Our data services are unlocking hidden value for customers across the sectors we serve. Here are just a few recent examples.

For an airline customer, new insights from data have led to a better understanding of taxiing fuel consumption, drinking water requirements, diversion flight planning and the zero-fuel weight of its aircraft – saving nearly $10 million in annual fuel costs.

In the Defence sector, data and algorithms are being used to improve service interval times for turbine shroud inspections from 100 to 400 engine flying hours. This initiative has streamlined maintenance schedules and significantly reduced disruption to the customer’s operations.

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Insights from data

Insights

Big data. Big solutions.

Insights