Steve Aitken on the Industrial App Store, Digitalization, and the Future of Energy

SPEAKERS

Steve Aitken Founder, Intelligent Plant Ltd

ABOUT THE SESSION

At the Oil & Gas Automation & Digitalization Conference 2022, Steve Aitken, founder of Intelligent Plant, shared compelling insights on how smart technologies are reshaping industries, particularly the energy sector. With a background in physics and software, Steve has long been committed to using industrial analytics not only to enhance efficiency but also to positively impact the planet. 
 

Reimagining Industry with the Industrial App Store 
At the heart of Steve’s presentation was the Industrial App Store—a digital platform designed to help industrial operators access advanced analytics and optimize operations. He explored how digital tools, when effectively implemented, can reduce costs, improve income streams, and transform operations across energy and industrial sectors. 
 

Navigating the Digitalization Dilemma 
Steve posed a thought-provoking question: Is digitalization a cost saver or simply a new cost center? His insights addressed the need for strategic implementation, showing that when thoughtfully deployed, digital solutions can drive both efficiency and profitability. 
 

Balancing the Energy Mix: Physical and Digital Requirements 
As the industry navigates the shift from traditional energy sources to cleaner alternatives, Steve emphasized the importance of balancing energy generation from both fossil fuels and renewables. He highlighted the dual challenge of managing physical infrastructure alongside digital innovation—a critical consideration for a sustainable energy future. 
 

The Role of Intellectual Property in Innovation 
Another key theme of his talk was the impact of intellectual property (IP) on progress. While IP can fuel innovation by protecting new ideas, it can also create barriers that hinder collaboration and the adoption of cutting-edge technologies. Steve shared his perspective on how to navigate the IP landscape to drive meaningful progress in the industrial space. 
 

Key Topics Covered: 
 

• Making digitalization deliver: Can it reduce costs and boost income, or is it just a new cost center? 
• Managing the energy mix: Navigating physical and digital demands 
• Intellectual property: How it drives and restricts innovation 

For more on this conference or to access the session, reach out to us at info@ptnevents.com. 

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