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Innovation 8 – Eaton

        Case Study
                  By

  Team Renegade (MICA - II)
      Arpita Sahoo | Jagriti Chhateja
   Sneha Chaturvedi | Noor Salam Khan


                                        1
Preface
    Greetings from Team Renegade!!!

    We would like to take this opportunity to thank Road2Ideas Team for
    providing this wonderful opportunity…

    We appeal you to “Go Green” with Road2Ideas 2012 and request you not to
    print this Case Study unless really needed.

    Our presentation theme symbolizes our spirit of “Go Green” Initiative and we
    request you to read “Go Green Tip” on Thank You Slide 


    Cheers
    Team Renegade


Team Renegade
                                          2
Introduction – Eaton
   Founded in 1911—by J O Eaten
   HQ—Cleveland
   Regional HQ—China, Switzerland, brazil
   Innovation Center—USA, China, India & Czech Republic
   70000+ Employees
   Customers—150+ countries

   It’s a Power Management Company
   Provides Energy Efficient Solutions 4 electrical, mechanical, &
   fluid applications

   Aim of Eaton
    Understanding & Helping our Customers succeed
    Anticipating tomorrow. Achieving Today.

   Motto: To deliver reliability, efficiency & safety for:

        Cities & Buildings—Electricity, Steel
        Industrial Machinery
        Information Technology—UPS systems that back up the data
        Transportation—Landing Facilities for Aircrafts, Cockpit
         Panel, Big trucks etc in USA
        Infrastructure—All hydraulic system
        Energy & Utilities—Windmill, tracing & Drive Mechanisms of
         Solar Panels/Devices etc


Team Renegade
                                                                      3
Key Characteristics of Innovation

    Commitment to Sustainability
     Strong Financial Records & History
     Leadership in Environment Practices
     Commitment to doing business right
      Ranked high for CSR, Innovation,
      Ethical Practices etc in the World

    Eaton’s 2 major Sectors
     Electrical Sector -- $ 7.2 Billion Sales
     Industrial Sector -- $ 8.8 Billion Sales




Team Renegade
                                             4
Eaton’s Thought on Innovation
    Innovation is

       Creating Value that will bring the change
       Intro valuable novelties
       International
       Converting Ideas into Cash – Commercial
        feasibility of Inventions/Ideas

    Growth through Innovation
    Two Types:
     Organic by innovation: developing
      capabilities by coming up with new
      products, markets etc for growth and
      expansion
     Inorganic: when you go and acquire
      companies. Eg: Mergers and Acquisition




Team Renegade
                                                    5
Eaton’s Innovation Cycle – Primary Research Insight




Team Renegade
                         6
Innovations by Eaton – Primary Research Insight

     Superchargers in Audi, Formula1 car, etc.
      making the superchargers fuel efficient

     Trying to innovate transmitters in
      racing/sports cars, where only oil can be
      sprinkled on the gear box and it need not
      be immersed in the oil tank. Currently the
      scenario is of immersed gear boxes in oil
      tanks that has to resist friction from oil.

     8-comfort: Intelligent AC's that can detect
      where a person is and what the
      temperature outside is and give alarm to
      switch off the AC accordingly.

     Eaton’s Advances in Next-Generation
      Aircraft Products




Team Renegade
                                              7
Eaton Lab Innovation & Conventional patch clamping
 (Secondary Data Insight)




Team Renegade
                            8
Eaton Lab Investigates – Secondary Data Insight

                            Na+

                            2      2
                        1
                                       1




                    N                          N
                            C     C terminus
                                  N-
                                                      N- terminus




   Primary cells:               Cell lines:        Ion channels:
   Human lung           Xenopus kidney, murine     ENaC (sodium)
                        kidney, chinese            -Highly selective
   Rat lung
                        hampster ovary, murine     -Non-selective
   Murine lung          alveolar lung….
                                                   CFTR (chloride)
Team Renegade
                                               9
Insights from Field Team (Primary Research)
                                                  Pictures taken on field




  Challenge/Opportunity
  Double Challenge
  A purely Energy Challenge
  In addition, a climate challenge
  Year 2050
  Energy Demand will double----- Emission must be reduced to half!!
  Megatrends—the Eaton Opportunity
  Goals/Mega-Facts:
  Electrical -- 23% reduction in electricity demand thru energy efficient equipment
  Hydraulics -- 100% increase in agricultural output by 2050 to feed rising global population
  Aerospace -- 30% decrease in fuel consumption of next generation single aisle aircraft by 2020
  Trucks – 20% decrease in fuel consumption & emission by 2018
  Automotive – 90 % increase in Corporate Average Fuel Economy standards by 2025 for passenger cars

Team Renegade
                                                                 10
Insights from Field Team (Primary Research)
                                       Pictures taken on field




   How Eaton Creates Value (A few Examples)
    Not just designing Hydraulic system Equipment—but making it lighter & fuel efficient
    Not just delivering high performance—but to make driving fun & delivering higher
     mileage
    Not just creating electrical power—but ensuring reliability, safety & economy
    Not just developing automated transmission for trucking fleets —but making miles
     safer & fuel efficient


Team Renegade
                                                  11
Secondary Research – Real Insights
  System Enhances Engine Health and Aircraft Safety Eaton’s advanced oil debris-monitoring
   system enhances engine health and aircraft safety by capturing, retaining and analyzing oil
   debris particles to determine if critical engine component failures are imminent.

  Eaton’s Advances in Next-Generation Aircraft Products “Our innovations through the years
   have established Eaton as an industry leader in the growing engine prognostics market, and the
   LEAP contract validates the advancements we’ve made to develop solutions for next-generation
   aircraft,” said Uday Yadav, president of Eaton’s Aerospace Group.

  Multiple Benefits Make Eaton Technology “A Great Selling Point” “Eaton provides oil debris
   monitoring products for most of the industry’s commercial airplane business, and our work also
   has applications in gas turbines for cogeneration plants, oil platform pumping stations, mining,
   and other industries,” said Steve Showalter, chief engineer at Eaton’s aerospace facility in
   Glenolden, Pennsylvania, and originator of three Eaton patents related to oil debris
   monitoring. “Our technology helps improve reliability, provides maintenance credits and
   increases flight safety. When you supply a product that can do all those things, it’s a great
   selling point.”



Team Renegade
                                                  12
Secondary Research – Real Insights
   Jet-engine manufacturer Snecma, headquartered in Courcouronnes,
    France, recently selected Eaton’s oil debris-monitoring technology for the
    revolutionary new Leading Edge Aviation Propulsion (LEAP) engine.

   The contract value is expected to exceed $100 million over the life of the
    program, or through 2032 and possibly beyond.

   The LEAP-1C, selected by COMAC of China in December 2009 to power
    the new C919 single-aisle jetliner, will be the first member of the LEAP
    engine family. It is slated to be certified in 2014. The LEAP-1A engine was
    also selected by Airbus in December 2010 as part of its offering for the
    new A320neo (new engine option). The new airplane/engine
    combination could enter commercial service by spring 2016. The LEAP- 1B
    engine was selected by Boeing in August 2011 as the exclusive engine for
    the B737 MAX reengine program which could enter commercial service in
    2017.



Team Renegade
                                         13
SWOT Analysis
                Strengths:                               Weakness:
                                                         -Great Idea must be converted into
                -Patents to protect                      great product within the required
                technological innovations                time(difficult at times)
                -Keeps Innovating—has high               -Attracting Pool of talented people
                goals                                    for employment



                Opportunity                              Threats
                -Growth through innovation               -Technology becomes obsolete v
                -Expanding into different Sectors        quickly
                                                         -Very pressing demands—at times
                                                         the innovation might not just be
                                                         right (for the specific customer!)




Team Renegade
                                                    14
Stage I – Table Analysis
 Rating the innovation on a scale of 0 to 5 (5 being the highest score) on each of the
 parameters outlined in the sandbox, the self assessment scores are:




Team Renegade
                                              15
Stage II - C.K. Prahlad’s Sandbox
                           HIGH


                MODERATE              MODERATE




          MODERATE
                                       HIGH

                           MODERATE
Team Renegade
                              16
What’s the way forward – Key Recommendations

     Cross pollination of the technology can be done in the
      product portfolio of Eaton
     Innovation performed in one sector can be utilized for other
      sectors as well
     Growth through innovation. Eaton has already done
      substantial work via performing Innovation. Eaton can make
      Innovation as the key driver for growth.
     Eaton can expand into different Sectors which are related to
      their current sectors e.g. infrastructure, logistics.




Team Renegade
                                   17
Sources for Secondary Research

     http://www.eaton.com/ecm/groups/public/@pub/@eaton/@aero/docum
      ents/content/pct_391797.pdf
     http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&c
      ad=rja&ved=0CCQQFjAB&url=http%3A%2F%2Fuserwww.service.emory.ed
      u%2F~mhelms%2Fhtml%2F120605SuCampo.ppt&ei=d-
      aUUOewLc_NrQeXsYHoBQ&usg=AFQjCNEltzkZqQrPWhwX5GGyewjfVrJYy
      Qwww.glasification-guide.eu
     www.ultimateaviationlinks.com/aircraftpartmanufacturers.php
     www.eaton.in




Team Renegade
                                    18
Thank You




                         Go Green Tip :
                Switch all your lightbulbs to CFLs
                  (or at least switch a few).




Team Renegade
                               19

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Eaton team renegade (mica-ii)_3rd_nov_2012

  • 1. Innovation 8 – Eaton Case Study By Team Renegade (MICA - II) Arpita Sahoo | Jagriti Chhateja Sneha Chaturvedi | Noor Salam Khan 1
  • 2. Preface Greetings from Team Renegade!!! We would like to take this opportunity to thank Road2Ideas Team for providing this wonderful opportunity… We appeal you to “Go Green” with Road2Ideas 2012 and request you not to print this Case Study unless really needed. Our presentation theme symbolizes our spirit of “Go Green” Initiative and we request you to read “Go Green Tip” on Thank You Slide  Cheers Team Renegade Team Renegade 2
  • 3. Introduction – Eaton Founded in 1911—by J O Eaten HQ—Cleveland Regional HQ—China, Switzerland, brazil Innovation Center—USA, China, India & Czech Republic 70000+ Employees Customers—150+ countries It’s a Power Management Company Provides Energy Efficient Solutions 4 electrical, mechanical, & fluid applications Aim of Eaton  Understanding & Helping our Customers succeed  Anticipating tomorrow. Achieving Today. Motto: To deliver reliability, efficiency & safety for:  Cities & Buildings—Electricity, Steel  Industrial Machinery  Information Technology—UPS systems that back up the data  Transportation—Landing Facilities for Aircrafts, Cockpit Panel, Big trucks etc in USA  Infrastructure—All hydraulic system  Energy & Utilities—Windmill, tracing & Drive Mechanisms of Solar Panels/Devices etc Team Renegade 3
  • 4. Key Characteristics of Innovation Commitment to Sustainability  Strong Financial Records & History  Leadership in Environment Practices  Commitment to doing business right Ranked high for CSR, Innovation, Ethical Practices etc in the World Eaton’s 2 major Sectors  Electrical Sector -- $ 7.2 Billion Sales  Industrial Sector -- $ 8.8 Billion Sales Team Renegade 4
  • 5. Eaton’s Thought on Innovation Innovation is  Creating Value that will bring the change  Intro valuable novelties  International  Converting Ideas into Cash – Commercial feasibility of Inventions/Ideas Growth through Innovation Two Types:  Organic by innovation: developing capabilities by coming up with new products, markets etc for growth and expansion  Inorganic: when you go and acquire companies. Eg: Mergers and Acquisition Team Renegade 5
  • 6. Eaton’s Innovation Cycle – Primary Research Insight Team Renegade 6
  • 7. Innovations by Eaton – Primary Research Insight  Superchargers in Audi, Formula1 car, etc. making the superchargers fuel efficient  Trying to innovate transmitters in racing/sports cars, where only oil can be sprinkled on the gear box and it need not be immersed in the oil tank. Currently the scenario is of immersed gear boxes in oil tanks that has to resist friction from oil.  8-comfort: Intelligent AC's that can detect where a person is and what the temperature outside is and give alarm to switch off the AC accordingly.  Eaton’s Advances in Next-Generation Aircraft Products Team Renegade 7
  • 8. Eaton Lab Innovation & Conventional patch clamping (Secondary Data Insight) Team Renegade 8
  • 9. Eaton Lab Investigates – Secondary Data Insight Na+ 2 2 1 1 N N C C terminus N- N- terminus Primary cells: Cell lines: Ion channels: Human lung Xenopus kidney, murine ENaC (sodium) kidney, chinese -Highly selective Rat lung hampster ovary, murine -Non-selective Murine lung alveolar lung…. CFTR (chloride) Team Renegade 9
  • 10. Insights from Field Team (Primary Research) Pictures taken on field Challenge/Opportunity Double Challenge A purely Energy Challenge In addition, a climate challenge Year 2050 Energy Demand will double----- Emission must be reduced to half!! Megatrends—the Eaton Opportunity Goals/Mega-Facts: Electrical -- 23% reduction in electricity demand thru energy efficient equipment Hydraulics -- 100% increase in agricultural output by 2050 to feed rising global population Aerospace -- 30% decrease in fuel consumption of next generation single aisle aircraft by 2020 Trucks – 20% decrease in fuel consumption & emission by 2018 Automotive – 90 % increase in Corporate Average Fuel Economy standards by 2025 for passenger cars Team Renegade 10
  • 11. Insights from Field Team (Primary Research) Pictures taken on field How Eaton Creates Value (A few Examples)  Not just designing Hydraulic system Equipment—but making it lighter & fuel efficient  Not just delivering high performance—but to make driving fun & delivering higher mileage  Not just creating electrical power—but ensuring reliability, safety & economy  Not just developing automated transmission for trucking fleets —but making miles safer & fuel efficient Team Renegade 11
  • 12. Secondary Research – Real Insights  System Enhances Engine Health and Aircraft Safety Eaton’s advanced oil debris-monitoring system enhances engine health and aircraft safety by capturing, retaining and analyzing oil debris particles to determine if critical engine component failures are imminent.  Eaton’s Advances in Next-Generation Aircraft Products “Our innovations through the years have established Eaton as an industry leader in the growing engine prognostics market, and the LEAP contract validates the advancements we’ve made to develop solutions for next-generation aircraft,” said Uday Yadav, president of Eaton’s Aerospace Group.  Multiple Benefits Make Eaton Technology “A Great Selling Point” “Eaton provides oil debris monitoring products for most of the industry’s commercial airplane business, and our work also has applications in gas turbines for cogeneration plants, oil platform pumping stations, mining, and other industries,” said Steve Showalter, chief engineer at Eaton’s aerospace facility in Glenolden, Pennsylvania, and originator of three Eaton patents related to oil debris monitoring. “Our technology helps improve reliability, provides maintenance credits and increases flight safety. When you supply a product that can do all those things, it’s a great selling point.” Team Renegade 12
  • 13. Secondary Research – Real Insights  Jet-engine manufacturer Snecma, headquartered in Courcouronnes, France, recently selected Eaton’s oil debris-monitoring technology for the revolutionary new Leading Edge Aviation Propulsion (LEAP) engine.  The contract value is expected to exceed $100 million over the life of the program, or through 2032 and possibly beyond.  The LEAP-1C, selected by COMAC of China in December 2009 to power the new C919 single-aisle jetliner, will be the first member of the LEAP engine family. It is slated to be certified in 2014. The LEAP-1A engine was also selected by Airbus in December 2010 as part of its offering for the new A320neo (new engine option). The new airplane/engine combination could enter commercial service by spring 2016. The LEAP- 1B engine was selected by Boeing in August 2011 as the exclusive engine for the B737 MAX reengine program which could enter commercial service in 2017. Team Renegade 13
  • 14. SWOT Analysis Strengths: Weakness: -Great Idea must be converted into -Patents to protect great product within the required technological innovations time(difficult at times) -Keeps Innovating—has high -Attracting Pool of talented people goals for employment Opportunity Threats -Growth through innovation -Technology becomes obsolete v -Expanding into different Sectors quickly -Very pressing demands—at times the innovation might not just be right (for the specific customer!) Team Renegade 14
  • 15. Stage I – Table Analysis Rating the innovation on a scale of 0 to 5 (5 being the highest score) on each of the parameters outlined in the sandbox, the self assessment scores are: Team Renegade 15
  • 16. Stage II - C.K. Prahlad’s Sandbox HIGH MODERATE MODERATE MODERATE HIGH MODERATE Team Renegade 16
  • 17. What’s the way forward – Key Recommendations  Cross pollination of the technology can be done in the product portfolio of Eaton  Innovation performed in one sector can be utilized for other sectors as well  Growth through innovation. Eaton has already done substantial work via performing Innovation. Eaton can make Innovation as the key driver for growth.  Eaton can expand into different Sectors which are related to their current sectors e.g. infrastructure, logistics. Team Renegade 17
  • 18. Sources for Secondary Research  http://www.eaton.com/ecm/groups/public/@pub/@eaton/@aero/docum ents/content/pct_391797.pdf  http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&c ad=rja&ved=0CCQQFjAB&url=http%3A%2F%2Fuserwww.service.emory.ed u%2F~mhelms%2Fhtml%2F120605SuCampo.ppt&ei=d- aUUOewLc_NrQeXsYHoBQ&usg=AFQjCNEltzkZqQrPWhwX5GGyewjfVrJYy Qwww.glasification-guide.eu  www.ultimateaviationlinks.com/aircraftpartmanufacturers.php  www.eaton.in Team Renegade 18
  • 19. Thank You Go Green Tip : Switch all your lightbulbs to CFLs (or at least switch a few). Team Renegade 19