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Boosting traditional business by IoT and Analytics
VESA PIRINEN, VICE PRESIDENT STRATEGY & DEVELOPMENT
yitgroup.com
2018 in figures
REVENUE*
3.8EUR billion in 2018
ADJUSTED OPERATING PROFIT*
134.5EUR million in 2018
EMPLOYEES
10,000in 11 ...
We are the largest Finnish
and significant North European
construction company
SCANDINAVIA
Revenue: 333 EUR million
Person...
The Challenge: how to double EBIT in Mineral Aggregates business?
Feeder settings Cone/ jaw crusher
settings
Crushing plan...
The solution after 6 months – 4 crushing plants using IoT
• Crushers are connected to
Azure Edge
• 1 minute delay
• We get...
Next steps
• Expand solutions to cover whole fleet.
• More data from feeders & scales.
• Phase 2 in analytics – go deeper ...
APIdays Helsinki 2019 - Boosting Traditional Business by IoT and Analytics with Vesa Pirinen, YIT Finland Ltd
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APIdays Helsinki 2019 - Boosting Traditional Business by IoT and Analytics with Vesa Pirinen, YIT Finland Ltd

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Boosting Traditional Business by IoT and Analytics, Vesa Pirinen, Vice President, Strategy and Development at YIT Finland Ltd

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APIdays Helsinki 2019 - Boosting Traditional Business by IoT and Analytics with Vesa Pirinen, YIT Finland Ltd

  1. 1. Boosting traditional business by IoT and Analytics VESA PIRINEN, VICE PRESIDENT STRATEGY & DEVELOPMENT yitgroup.com
  2. 2. 2018 in figures REVENUE* 3.8EUR billion in 2018 ADJUSTED OPERATING PROFIT* 134.5EUR million in 2018 EMPLOYEES 10,000in 11 countries NET PROMOTER SCORE (NPS) 52%SCALE: -100%–100% * Pro forma BUSINESS CENTER B66, KAUNAS, LITHUANIA
  3. 3. We are the largest Finnish and significant North European construction company SCANDINAVIA Revenue: 333 EUR million Personnel: 757 CEE COUNTRIES Revenue: 164 EUR million Personnel: 290 FINLAND Revenue: 2,578 EUR million Personnel: 5,034 RUSSIA Revenue: 314 EUR million Personnel: 1,740 BALTIC COUNTRIES Revenue: 300 EUR million Personnel: 1,249 FINLAND SWEDEN NORWAY DENMARK POLAND CZECH REPUBLIC SLOVAKIA RUSSIAESTONIA LATVIA LITHUANIA
  4. 4. The Challenge: how to double EBIT in Mineral Aggregates business? Feeder settings Cone/ jaw crusher settings Crushing plant location Stone feeding style Crushing plant maintenance Assumptions: • Machinery from same manufacturers • Similar quarries • Pricing is based on market conditions Target is to maximize crushed stone/ gravel output.
  5. 5. The solution after 6 months – 4 crushing plants using IoT • Crushers are connected to Azure Edge • 1 minute delay • We get alarms, pressure, power and temperature data. Data modelling The live IoT dashboard tells you: • Maintenance needs (fastest payback) • Crusher settings optimization. • Machinery optimization success/ quarry. • Plant teams training and guiding needs.
  6. 6. Next steps • Expand solutions to cover whole fleet. • More data from feeders & scales. • Phase 2 in analytics – go deeper in finding correlations • Combine with external data like weather. • Machine learning solutions. Being world’s best in this business at 2022! IOT can be expanded to asphalt plants, rollers and pavers.

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