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The Industrial Talk Podcast with Scott MacKenzie

Pieter van Schalkwyk with XMPRO

Industrial Talk is onsite at OMG, Q1 Meeting and talking to Pieter van Schalkwyk, CEO of XMPRO about "Successful solutions and tools to implement your Digital Twin strategy".

Scott MacKenzie and Pieter discussed the potential of digital twin technology in the industrial sector, emphasizing the need for standards and proper implementation to achieve real business value. They highlighted the importance of digital twins in addressing business problems and achieving ROI, particularly in asset-intensive industries like oil and gas, mining, energy, and utilities. The conversation emphasized the significance of digital twin technology in improving efficiency, reducing costs, and enhancing decision-making in these industries.

Action Items [ ] Connect with Pieter van Schalkwyk on LinkedIn [ ] Read Peter's book on building industrial digital twins using Azure Digital Twin [ ] Promote your podcast or technology on the industrial talk platform [ ] Reach out to Peter for more information on digital twin implementation and the periodic table Outline Digital twin technology and its challenges. Peter, CEO of XMPro, discusses digital twin technology at OMG's Q1 meeting. Pieter highlights increasing complexity in digital twin technology, emphasizing need for standards and interoperability. Digital twin capabilities and their importance in business. Pieter explains technology-agnostic approach to digital twins, focusing on business value. Pieter emphasizes the importance of understanding capabilities in the digital twin context. Pieter and Scott MacKenzie discuss how to identify and prioritize capabilities in an organization. Pieter discusses vetting capabilities for digital twin technology with industry practitioners and DTC members. Digital twin technology and its applications in various industries. Pieter suggests expanding the digital twin standard to include emerging technologies like Gen AI, while also making it machine-readable for easier adoption and compliance. Scott MacKenzie appreciates the simplicity of the digital twin standard, which allows for easy explanation and understanding, even for non-technical individuals. Pieter MacKenzie, CEO of XM Pro, discusses digital twin technology and its applications in asset-intensive industries. Pieter encourages listeners to reach out to him on LinkedIn for more information and collaboration.

If interested in being on the Industrial Talk show, simply contact us and let's have a quick conversation.

Finally, get your exclusive free access to the Industrial Academy and a series on “Marketing Process Course” for Greater Success in 2024. All links designed for keeping you current in this rapidly changing Industrial Market. Learn! Grow! Enjoy!

PIETER VAN SCHALKWYK'S CONTACT INFORMATION:

Personal LinkedIn: https://www.linkedin.com/in/pietervs/

Company LinkedIn: https://www.linkedin.com/company/xmpro-inc/

Company Website: https://xmpro.com/

Duration:
16m
Broadcast on:
24 Jul 2024
Audio Format:
mp3

Industrial Talk is onsite at OMG, Q1 Meeting and talking to Pieter van Schalkwyk, CEO of XMPRO about "Successful solutions and tools to implement your Digital Twin strategy".
Scott MacKenzie and Pieter discussed the potential of digital twin technology in the industrial sector, emphasizing the need for standards and proper implementation to achieve real business value. They highlighted the importance of digital twins in addressing business problems and achieving ROI, particularly in asset-intensive industries like oil and gas, mining, energy, and utilities. The conversation emphasized the significance of digital twin technology in improving efficiency, reducing costs, and enhancing decision-making in these industries.

Action Items

  • [ ] Connect with Pieter van Schalkwyk on LinkedIn
  • [ ] Read Peter's book on building industrial digital twins using Azure Digital Twin
  • [ ] Promote your podcast or technology on the industrial talk platform
  • [ ] Reach out to Peter for more information on digital twin implementation and the periodic table

Outline

Digital twin technology and its challenges.

  • Peter, CEO of XMPro, discusses digital twin technology at OMG's Q1 meeting.
  • Pieter highlights increasing complexity in digital twin technology, emphasizing need for standards and interoperability.

Digital twin capabilities and their importance in business.

  • Pieter explains technology-agnostic approach to digital twins, focusing on business value.
  • Pieter emphasizes the importance of understanding capabilities in the digital twin context.
  • Pieter and Scott MacKenzie discuss how to identify and prioritize capabilities in an organization.
  • Pieter discusses vetting capabilities for digital twin technology with industry practitioners and DTC members.

Digital twin technology and its applications in various industries.

  • Pieter suggests expanding the digital twin standard to include emerging technologies like Gen AI, while also making it machine-readable for easier adoption and compliance.
  • Scott MacKenzie appreciates the simplicity of the digital twin standard, which allows for easy explanation and understanding, even for non-technical individuals.
  • Pieter MacKenzie, CEO of XM Pro, discusses digital twin technology and its applications in asset-intensive industries.
  • Pieter encourages listeners to reach out to him on LinkedIn for more information and collaboration.

If interested in being on the Industrial Talk show, simply contact us and let's have a quick conversation. Finally, get your exclusive free access to the Industrial Academy and a series on “Marketing Process Course” for Greater Success in 2024. All links designed for keeping you current in this rapidly changing Industrial Market. Learn! Grow! Enjoy!

PIETER VAN SCHALKWYK'S CONTACT INFORMATION:

Personal LinkedIn: https://www.linkedin.com/in/pietervs/ Company LinkedIn: https://www.linkedin.com/company/xmpro-inc/ Company Website: https://xmpro.com/

PODCAST VIDEO:

https://youtu.be/4CoPRpZNGp0

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(upbeat music) - Welcome to the industrial talk podcast with Scott Mackenzie. Scott is a passionate industry professional dedicated to transferring cutting edge industry focused innovations and trends while highlighting the men and women who keep the world moving. So put on your heart hat, grab your work boots, and let's go. - All right, once again, welcome to industrial talk, a platform that is dedicated to industrial professionals all around the world. I say it once, I say it a million times, you are bold brave, you dare greatly, you collaborate, you solve problems, you innovate, and therefore you are making the world a better place. Thank you very much for what you do, and that's why we celebrate you on industrial talk. We are broadcasting from Reston, Virginia. It's a quiet place. Have you ever been around? Peter, you've been walking around? - Yeah, it's a quiet place. It's a quiet place. And we are broadcasting at OMG's Q1 meeting, and it is a collection of incredible, passionate, problem solvers that truly want to do what is great and wonderful and they talk way up a mic. In the hot seat, you heard his voice. It's silky smooth, his name is Peter. That's pretty much it. And I'm not gonna pronounce his name, last name. Nope, nope, nope. How do you pronounce your last name? - Vans Koltbek. - Yep, there it is. There it is. Now I have to, in my transcription, I've gotta try to figure out how to spell that. You having a good meeting? It's just starting. - Yeah, just starting today, yeah. First day, we're actually doing training on next generation digital twins, so that's our first day for this. - So, before we get chirping on the, there's a periodic table out there. - Yeah, digital twin stuff. Before we get going on that, give us a little background on who Peter is. - Yeah, I'm Peter Vans Koltbek. I'm CEO at XM Pro. I'm kind of the chief technology enthusiast as well, in real terms. My die job is looking after the business, but I'm also heavily involved with DTC, digital twin consortium. Start at the capabilities periodic table, which we'll talk about, but I'm also a chair for the natural resources working group as well as the composability, sub-right, sub-toss group, yeah, just a number of initiatives. - I can't, I hope there's not a test, because every time I come to an OMG event, there's just so many organizations, consortium teams, whatever you want to call them, but they're just heavily involved in really debating challenges. And in this, the world that we, this industry, right now, it's even more needed than ever before. I just, this pursuit of doing it right, and figuring that out. - Yeah, absolutely. I think one of the opportunities and challenges is that the complexity is increasing. It's almost exponential, you know? As soon as you start with the basic digital twin, and then you start adding intelligence onto it, AI, IoT, all those things, you just increase the complexity, almost exponential. So if you don't work at standards, and interoperability, and all the good things that OMG and DTC are doing, then it'll be really, really tough, going forward, trying to put these things in to get real business value, 'cause that's really what you want to do. - Yes, and I think I'm glad you brought that out, because I just said, if you don't do it right, and people don't see the value, they're not gonna, there's not gonna be any adoption of it. They're gonna just look at it, and that's why would I want that pain? Why would I want that aggravation? Who do I trust? Where do I go? You gotta get it right. You gotta get it right. - Yeah, absolutely. People don't buy digital twins, because they want to have a digital twin. They buy it because they need a business problem solved. They need ROI. - Yeah. - And that's also the reason why we came up with a technology, agnostic approach, like the capabilities periodic table, which removes the technology and all the things around it, and really talk about what should it do? - So take us through that. That's a good segue into what we wanna talk about it. Take us through what it is, and then why it's meaningful. - So we started this initiative in 2022, in the natural resources working group. So mostly coming out of well and gas and mining, really complex systems, trying to explain to you about signing budget for a digital twin really hard, because they wanna understand the business value. So we had to come up with a way to make a technology agnostic, firstly, and also not bound to any architecture. And it was really around what job I'm hiring the twin to do. And if that twin was a person, what skill sets with their needs need capabilities? So we then broke it into six main categories, six areas. And this is all downloadable from the DTC website. So I'm gonna run through detail of it. - No, no, no, no, it's okay, but it's available. - It's available, it's really available. - Yeah. - Started in 2022, and it's been through a few iterations. Some large organizations have even adopted it as their corporate standard in terms of how they organize their business around digital twins in it. And we've just released a version 1.1 update. And looking forward to version two, which also incorporates some of all the new things like AI and Gen AI with a market setting with this stuff. - Why? Why is it important? Why? For me personally, I'm always gonna go to the business reason. It's one thing to be able to talk about all of this wonderful innovation and technology that exists out there today and get caught up with a shiny object. But the reality is that it has to benefit me as a business and talk to us about that. - And that was one of the key reasons again why we created this. So when you explained to an executive that a new digital twin, you need to kind of break it down into what are the core things from a capabilities point of view that we are going to achieve with that. So the other opportunity that it gives us is also to look at what capabilities we don't have in our organization. So let's say we want to do predictive energy for a win form. It's gonna need some AI. Maybe we don't have that in an organization. So if there's not a way that I can bring a multi-disciplinary team, and that's the other kind of thing, if I've got a multi-disciplinary team, no one agrees on what the thing should be. - How do I get them to talk about capabilities rather than technology? And then if we have it or don't have it, do we hire, do we partner? How do we go about getting that capability into our organization? Again, removing it from the technology conversation. And I can put it all on one slide for my CEO to show what it is that we're trying to do. - How do you come up with capabilities? I mean, it's so easy to talk about the technology. It's so easy to Google it and boom, here it is. It's all great. And, but how do you know what capabilities you need in an organization? Do you just sort of have a conversation around it? Coffee table and like-- - I wish it was that easy. - Yeah. - Yeah, so what we've done is we've created it in six main categories and there are 62 elements in it. Each one was a kind of detailed description. So if you look at data services or intelligence or user experience, there's some sub capabilities in there. And there's also a format in the periodic table that helps you run through and say what questions you need to ask. It's the ability to, so describe to me, so when you're in a large workshop setting, you can say, describe the ability to have a gaming engine as a front-end, or do data integration for my IoT systems or use a standard for data management. But it's the description of the ability and it's done again, there's a format with questions that help you derive for each of those, whether it's applicable or not. So the ones are not, just park them and just focus on the ones that you actually need. - Trust is a big deal. - Absolutely. - 'Cause if I'm gonna look at that chart, I'm going to, it has to be predicated on the fact that what I'm looking at from this chart has been thoroughly vetted by a bunch of good people who are truly having that passion and then I can feel comfortable in and trying to find those capabilities. Is that? - Yeah, so it comes from both industry practitioners have used this practically and also from members inside DTC, both vendors and again, end user organizations. And that's actually why we have a version 1.1. There were some combinations like AI and ML combined, but then also some new areas like responsible. So how do we bring in responsible capabilities? So how do we make digital tools that they are used for good and not for bad? So those are some of the feedback that we had. And also things like spatial data and very domain specific things, we had some feedback around expanding that and improving that. - Where do you see it going? I mean, you're gonna come out with an, it seems like it's a document that is going to continue to just sort of evolve, grow, adapt to what's taking place. - Yeah, I think that we'll be taking it in two directions. So the one is how do we expand it for emerging capabilities and technologies like Gen AI? I mean, there's not a conversation we in these days which is not about how do we bring it in. There's a lot of regulation in that area that's starting to happen. We see that with EU and other places. So that's the one area. But we don't wanna keep it as a paper-based document. So we also are turning it into a machine kind of readable standard so that you can plug it into a real system. And it's not just a paper-based exercise by a bunch of people sitting in a restaurant, you know, in a little board room. Which, and talking to David, what I can appreciate is I'm not a software engineer, I'm not any of, I'm just a business guy, right? And what I can appreciate it is that with every system that I've ever tried to deploy, I was always looking for that simplistic approach, make it as simple as possible to ensure that there's this adoption that happens in compliance and whatever all of the terms that are used to use the system itself. And what I heard him saying and what I hear you saying is that that's exactly what this chart allows. It just makes it more approachable, is that? - Absolutely, the whole objective from the start was to put it on one bait, firstly, so that I can explain it. - You just shrink it in size. - I can just, well, as it continues to expand, you just, you shrink it eventually, you'll need it. - Yeah, it still needs to be readable on one page. But, and, no, that was a driver from the start and also put it into plain, explainable language and don't use complex word and, you know, anyone should be able to read it and understand. It's almost like when you have a resume for a person. If you're hiring a twin to do a certain job for you, the resume explains what they can do in simple terms. So, your resume for the digital twin should be in simple terms. - With all that said, I'm intrigued by what does your company do? - We're a real-time digital twin platform, so we take data from real-time systems and create solution-based applications around predictive maintenance, predictive quality. So, again, we're building digital twins that solve real problems, so that's why we started and kind of backed into the periodic table, 'cause the conversation always went to technology and we, well, that's the problem that you're trying to solve and what capabilities do we need to do that? So, that's what Eximpro does. So, we work primarily in asset intensive industries like oil and gas, mining, energy utilities, all the big things. - We're looking at the assets themselves, the health of the assets and determining the failure rate associated with those assets. - Yeah. - I didn't know that. 'Cause I'm a big fan of asset management, reliability. I've had a number of those conversations and I can really appreciate that. - Well, you are just absolutely fantastic. How do people get a hold of you? - The easiest to get hold of me on LinkedIn, Peter Van Skalpe, I just get a hold of you, thank you. - I'm gonna have all the contact information for Peter out there. That's, so you don't have to worry about it. Just go out to industrial talk and we're gonna have this. LinkedIn stat card out there, so you gotta connect because it's all about education, especially today, education, collaboration and innovation. Whether you like it or not, it's happening. That train has left the station and it's a bullet train, whether you like it or not. All right, you were absolutely wonderful. Thank you very much. - Thank you. - All right, listeners, we're gonna wrap it up on the other side. We're gonna have all the contact information for Peter out on industrial talk. As I said, we are broadcasting from OMG Rest in Virginia. This is a Q1 meeting and it is a collection of people like Peter. Solving problems, making our lives better. They are the heroes in this story. Stay tuned, we will be right back. - You're listening to the industrial talk podcast network. (upbeat music) - Your to-do list. One, reach out to Peter. We're gonna have all the contact information out on industrial talk. CEO of XM Pro, that's XM-P-R-O. And you will not be disappointed. We talked about digital twin. We talked about AI. We talked about the digital twin periodic table. You need to implement digital twin. You need to be successful at it because it's important. He also has a book. I go out to a stat card. He has a book. It's called Building Industrial Digital Twin. Learn how to design, develop and deploy digital twin solutions for real world industries using Azure Digital Twin. Right there, get that book too, be successful. We need you to be successful. All right, we're building a platform, industrial talk. You have a podcast, put it out on industrial talk. You have technology that you wanna promote, put it out on industrial talk. That's what industrial talk is all about. Educating, collaborating, and of course, innovating. That's what we're here for you. All right, people will be brave. We are greatly hanging out with Peter Chase and World. We're gonna have another great conversation coming from OMG shortly, so stay tuned.