Can you tell us a little bit about the main developments that you have seen in recent years in automation and use of big data and how this has impacted on Emerson Automation Solutions offerings?
We’ve seen a flood of activity in this regard, with notable successes and failures. Organizations have been attempting to improve productivity, safety and reliability by bringing together monitoring and control data that has historically been kept separate. At Emerson, we’ve seen success in a bottom-up approach in building these analytics, as part of our Plantweb offering. Rather than trying to create a single fabric spanning all controls, which has proven to be a boil-the-ocean approach, we are taking individual components of the process, adding analytics, and connecting them into ever larger ecosystems.
What do you see as the key challenges facing the industry in the region over the coming 5-10 years and how is Emerson Automation Solutions positioned to help their clients overcome these challenges?
Organizations are now keenly recognizing they need the flexibility to better manage through the cycle without the large swings we have been experiencing in the last decade. Rushing to invest and then slamming on the brakes has been a difficult operating climate. Organizations seem to be turning towards digital transformation as a way to better manage through the cycle, with the flexibility to ramp up and down as needed.
Where do you see the opportunities for growth within the industry in the next 5 years and how are you positioned to support this?
In the near term, we see broad industry growth, perhaps led by the shales but extending even to offshore. Emerson’s broad portfolio of automation assets are well positioned to capitalize on this growing need to do more work by improving efficiencies rather than returning to the massive capital expenditures of the past.
What would you say is the biggest game-changing technology that is currently making waves/ predicated to shake things up in the sector?
Machine learning continues to be the key technology that can unlock efficiency gains through automation, from the factory floor to the field and the subsurface.
About Indy Chakrabarti
Indy Chakrabarti is Senior Vice President of Strategy and Marketing at the Exploration and Production Software, Emerson Automation Solution. He is responsible for advising on product and marketing direction. Mr. Chakrabarti has more than 20 years of experience in product strategy, corporate marketing, and product management. He began his career in 1998 and has worked for leading software and oil and gas companies. Mr. Chakrabarti joined Paradigm (acquired by Emerson in December 2017) in 2013 in the role of Senior Vice President of Product Management and Strategy. Prior to that, he held positions as the Vice President of Strategic Marketing at MicroSeismic Inc. and Chief Marketing Officer at Seismic Micro-Technology (SMT). He transitioned to oversight of product marketing and sales enablement for the $500 million energy technical business unit following SMT’s acquisition by IHS, He has held numerous positions in the IT software industry.
Indy earned a BS in Electrical and Computer Engineering from Rice University in Houston, Texas, and a master’s in Engineering Logistics from Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts. He is a member of the Society of Petroleum Engineers, Society of Explorations Geophysicists, and American Association of Petroleum Geologists.