Charlie Boyle with Fortive

Industrial Talk is onsite at Accruent Insights and talking to Charlie Boyle, VP of Global Data, Analytics and AI at Fortive about “Leveraging operational data and AI for improved insights.

Scott MacKenzie hosts an industrial podcast discussing data analytics and AI with Charlie Boyle, VP of Advanced Solutions at Accruent. Boyle highlights the importance of data in decision-making, emphasizing the need for automated solutions to manage the vast amounts of data being generated. He discusses Accruent's mission to unify the built environment through IoT and advanced analytics, focusing on predictive maintenance, energy management, and space intelligence. Boyle also mentions the use of generative AI to assist aging technicians and improve maintenance efficiency. The conversation underscores the transformative power of data and AI in enhancing business operations and problem-solving.

Action Items

  • [ ] Explore using generative AI to document maintenance technician knowledge and provide guidance to junior technicians.
  • [ ] Investigate using sensor data and analytics to audit energy usage and bills, and automate HVAC controls.
  • [ ] Connect with Charlie Boyle on LinkedIn to further discuss Accruent's data analytics and AI initiatives.

Outline

Accruent Insights Event Introduction

  • Scott MacKenzie introduces the Industrial Talk podcast, emphasizing its focus on industry innovations and celebrating professionals.
  • Scott highlights the importance of data and AI in the industrial sector, setting the stage for the discussion.
  • The event, Accruent Insights, is taking place in San Antonio, Texas, with a focus on problem-solving and customer obsession.
  • Scott introduces Charlie Boyle, VP of Advanced Solutions at Accruent, who will discuss data analytics and AI.

Charlie Boyle's Background and Experience

  • Charlie Boyle shares his background, including his role as VP and General Manager of Advanced Solutions at Accruent.
  • He has over 25 years of experience in advanced analytics and data science, previously serving as Chief Data Scientist at Honeywell and Chief Analytics Officer at a telematics company.
  • Charlie discusses his journey and the various analytic use cases he has encountered in different industries and verticals.
  • Scott and Charlie reflect on the rapid advancements in AI and generative AI, particularly with the advent of tools like ChatGPT.

The Role of Data and AI in Business Efficiency

  • Charlie explains the importance of data in today's business environment, emphasizing the need for automated solutions to manage large data sets.
  • He discusses the concept of decision intelligence, which involves turning data into actionable insights.
  • Scott and Charlie delve into the challenges of managing large amounts of data and the role of AI in generating actionable insights.
  • They discuss the potential of AI in various industries, including retail and HVAC, and the importance of proactive maintenance.

Accruent's Mission and Data Platform

  • Charlie outlines Accruent's mission to unify the built environment through IoT and advanced solutions.
  • He explains the role of Accruent's data platform in managing reporting, business intelligence, and insights generation.
  • Accruent's IoT analytics platform connects sensors to assets, providing telemetry data and predictive models to solve business challenges.
  • Scott and Charlie discuss the importance of proactive maintenance in industries like retail, where preventing food spoilage can save significant costs.

Evaluating AI Use Cases and Customer Validation

  • Charlie describes Accruent's “dream process” for evaluating AI use cases, which includes problem validation, customer validation, and business model validation.
  • He mentions the partnership with Ford's Data Science Center of Excellence (Fort) in building rapid prototypes and MVPs.
  • The focus is on creating solutions that provide real value to customers, distinguishing between “nice to have” and essential solutions.
  • Scott emphasizes the importance of AI in providing actionable insights without requiring users to search for information.

Future Use Cases and Generative AI

  • Charlie highlights three primary use cases for Accruent: space intelligence, occupancy analytics, and predictive maintenance.
  • He discusses the importance of generative AI in assisting aging technicians and transferring knowledge to the younger generation.
  • Scott and Charlie explore the potential of generative AI in providing accurate and actionable answers for maintenance tasks.
  • They discuss the challenges of validating generative AI solutions and ensuring accuracy in responses.

Energy Management and HVAC Use Cases

  • Charlie introduces energy management as a key area for Accruent, focusing on auditing energy bills and reducing costs.
  • He explains how sensors can be used to compare meter readings with energy bills, leading to significant savings for clients.
  • Scott and Charlie discuss the potential of energy management in controlling HVAC systems and optimizing energy usage.
  • Charlie shares his personal experience with HVAC use cases from his time at Honeywell, highlighting the complexity of managing multiple HVAC units in large institutions.

Conclusion and Contact Information

  • Scott wraps up the conversation, emphasizing the importance of data collection and AI in generating tactical insights.
  • He encourages listeners to reach out to Charlie Boyle on LinkedIn for further collaboration and innovation.
  • Scott reiterates the key themes of the podcast: education, collaboration, and innovation.
  • The podcast concludes with a reminder of the importance of data in driving industrial innovations and solving real-world problems.

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 “Why You Need To Podcast” for Greater Success in 2023. All links designed for keeping you current in this rapidly changing Industrial Market. Learn! Grow! Enjoy!

CHARLIE BOYLE'S CONTACT INFORMATION:

Personal LinkedIn: https://www.linkedin.com/in/charlesboyle2/

Company LinkedIn: https://www.linkedin.com/company/fortive/posts/?feedView=all

Company Website: https://www.fortive.com/

PODCAST VIDEO:

THE STRATEGIC REASON “WHY YOU NEED TO PODCAST”:

OTHER GREAT INDUSTRIAL RESOURCES:

NEOMhttps://www.neom.com/en-us

Hexagon: https://hexagon.com/

Arduino: https://www.arduino.cc/

Fictiv: https://www.fictiv.com/

Hitachi Vantara: https://www.hitachivantara.com/en-us/home.html

Industrial Marketing Solutions:  https://industrialtalk.com/industrial-marketing/

Industrial Academy: https://industrialtalk.com/industrial-academy/

Industrial Dojo: https://industrialtalk.com/industrial_dojo/

We the 15: https://www.wethe15.org/

YOUR INDUSTRIAL DIGITAL TOOLBOX:

LifterLMS: Get One Month Free for $1 – https://lifterlms.com/

Active Campaign: Active Campaign Link

Social Jukebox: https://www.socialjukebox.com/

Industrial Academy (One Month Free Access And One Free License For Future Industrial Leader):

Business Beatitude the Book

Do you desire a more joy-filled, deeply-enduring sense of accomplishment and success? Live your business the way you want to live with the BUSINESS BEATITUDES…The Bridge connecting sacrifice to success. YOU NEED THE BUSINESS BEATITUDES!

TAP INTO YOUR INDUSTRIAL SOUL, RESERVE YOUR COPY NOW! BE BOLD. BE BRAVE. DARE GREATLY AND CHANGE THE WORLD. GET THE BUSINESS BEATITUDES!

Reserve My Copy and My 25% Discount

Industrial Talk is onsite at Accruent Insights and talking to Charlie Boyle, VP of Global Data, Analytics and AI at Fortive about "Leveraging operational data and AI for improved insights". Scott MacKenzie hosts an industrial podcast discussing data analytics and AI with Charlie Boyle, VP of Advanced Solutions at Accruent. Boyle highlights the importance of data in decision-making, emphasizing the need for automated solutions to manage the vast amounts of data being generated. He discusses Accruent's mission to unify the built environment through IoT and advanced analytics, focusing on predictive maintenance, energy management, and space intelligence. Boyle also mentions the use of generative AI to assist aging technicians and improve maintenance efficiency. The conversation underscores the transformative power of data and AI in enhancing business operations and problem-solving.
Transcript

SUMMARY KEYWORDS

data analytics, AI solutions, customer obsession, advanced analytics, generative AI, decision intelligence, actionable insights, IoT integration, predictive maintenance, energy management, HVAC optimization, connected ecosystem, data storytelling, proactive maintenance, data platform

00:00

Scott. 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 hard hat, grab your work boots, and let's

00:21

all right once again, industrial professional. Thank you very much for joining Industrial Talk and thank you for your continued support of this platform that celebrates you each and every day, because you know you're bold, you're brave, you dare greatly, you innovate, you're collaborating, you're solving problems each and every day. You're making the world a better place. That's why we celebrate you on the number one industrial related podcast in the universe, the universe, I tell you, it's all backed up by data. Speaking of data, we're going to be talking about data in this particular conversation, but we are broadcasting on site. Accrent Insights. Is the event we are in San Antonio, Texas, and it is a collection of individuals that are truly passionate about solving problems. It is all here. They are absolutely fantastic. Again, I said data. We have Charlie Boyle in the hot seat, VP of advanced solutions. They say that, right? You did. I got it. And we're going to be talking about, well, data analytics and AI and, you know, it's a paper and pencil conversation. Let's get cracking. All right. You having a good conversation? Awesome. It's good. It's great. It is cool. This is a good were you here last year?

01:33

I was and I think last year was interesting, because you had a different, diverse group of clientele and maybe more variety of sessions, but now it's more focused on certain topics. Very, very structured this year. Love it. It's

01:49

amazing. That's the that's the sense I get. But what I do get is, without a doubt, customer is king, oh yeah, in this

01:58

customer obsession, one of the Florida FBS. It

02:02

is absolutely and it it shows all right, before we get into the conversation, give us a little background on who Charlie is sure. So

02:10

Charlie Boyle, VP and product line, General Manager of advanced solutions for accru. It started with the company about two years ago as the VP of data strategy. Person, yeah, new person as the head of data strategy, I got to interact with across the different FAL operating companies, so facilities and asset life cycle group. I've been in advanced analytics and data science for about 25 years, most recently, the chief data scientist at Honeywell and most recently, Chief analytics officer at a telematics company based in Rome. So this is, this is great to be back in back home side.

02:50

You've seen a lot of changes I have,

02:52

and I've been lucky to see a lot of different interesting analytic use cases. Just, you know, the use of AI in a different capacity and different industries and different verticals solving different problems. And that's what I love about the discipline. Quite honestly, what

03:07

happened all of a sudden one day, you know, we were talking about AI, we were talking about, yeah, getting data and collecting data, and it's that's important stuff. There's gold in the data and and then all of a sudden, boom, chat GPT comes on a thing, and everybody's thinking, oh my gosh, it's here. What has changed so that it enabled all of this stuff? And then all of a sudden, this plethora, this tsunami of use cases coming out, and like, oh my gosh, it's just the most amazing things. What changed? I

03:41

think it's it has a lot to do with the computing power of the machines that we use today, right? I mean, and the plethora of data that's being captured across a number of different industry verticals, in different markets, just data is king, as you said earlier. And quite honestly, the more data that's out there, you're starting to need solutions, automated solutions, to sift through it. Quite honestly, the human can't do it anymore. And what you're using generative AI and some of the newer AI tools is really to do data storytelling, right? I talk about decision intelligence, right? How do you take data, go to insights, and then generate action, because I want actionable analytics. I don't want to just have diagnostic solutions that tell me that there's a problem. I need someone. I need a solution that tells me how to solve the problem.

04:31

Yeah, but it's just amazing. I think, I think we're going to have, how do you deal with the amount necessary? I go off on a tangent because I just, I, I think about it, but I have no answers, and so I'm going to pick your brain. So you get these server farms, right, and you get this gen AI, and you're just constantly generating data, just and not to mention all of the stuff that these, these, you. These companies are, are building, and everything goes into the cloud. I think the continent of Australia was going to be a server farm.

05:10

Got to be Scott to be, I don't see put it down in Antarctica. It'll never, it'll never stay cool. They'll say cool exactly. You never have to worry about fires. You never have to worry about the data melting.

05:21

No, I'm just, I'm dumbfounded, nice,

05:25

tremendous amount of information out there, and it really is. I look at generative AI as not just content generation, but it's that ability to decipher information from, you know, actionable need of the data set, right? So I always talk about the difference between informational and actionable, and there's informational alerts that I get from my system, and then there are alarms that I need to actually take action and prevent something from a disaster from occurring.

05:57

Okay, so let's, let's delve into it, sure. So what we have is we have, all of a sudden, this, this and crew, and you are collecting data, you're you've got data coming in and with clients are looking for ways of making their business more efficient, more actionable information, greater Insights. And yeah, that is a that is a real good use case for a an AI type of solution, because I just, I can't do it, sure, but everybody's telling me I need to have all this data so the internet doesn't lie. So where does that fit into Accrent, what do we what? How are you thinking through that? So

06:43

the mission at accruing is really to unify the built environment. And you heard, you heard Richard and Brooke during the keynote speak to the fact that we are about the connected ecosystem. We can't have the connected ecosystem without IoT, and that's the industrial internet of things, and that's where advanced solutions are really focused. So my area of focus is to manage the data platform for Accrent across all the product suites. So that means all of the reporting, all of the business intelligence, and essentially our insights generation, or insights as a service engine. And then the other aspect is our observed product, which is situated around IoT, and it's our IoT analytics platform, and we connect sensors to different assets, and that telemetry data is being streamed into our data warehouse. We're doing calculations, we're doing we're applying different predictive models and set and basically solving business challenges for our customers.

07:42

Why is that important? What's going on? And I have my idea, but I want to hear from you,

07:47

yeah, I think it's a high total cost of ownership for certain assets, right? You think about the retail space, you've got the ability to have these large refrigeration cases going down overnight and food spoilage. And I think that's amazing. Yeah. I mean, we have customers who have come back and tell told us that, you know, just saving a catastrophic event on one refrigerator case will save 50, $60,000 in food spoilage, because, you know, you need to be proactive in maintaining these assets. They're expensive, right?

08:19

They don't have the bandwidth either. No, they don't have the bandwidth of being able to sort of say, Okay, we have a full time maintenance individual doing, you know, the diagnostic, and we're wandering around and

08:29

what think about the optimization scenario, right? Like, if I've got six or seven different ones going down at once, and I need more than one technician to come out and at different times of the day and different days of the week. I mean, it's a coordination nightmare.

08:42

Oh, yeah, absolutely. So with all that said, I know that everybody's been talking about this connected environment, this and how are we how are you looking at looking at the data, looking at AI, looking at at all these connected solutions. How are you evaluating what use case is getting elevated to the we

09:06

have a really interesting model at fordive, where we follow what we call the dream process. So we take it through a few different stages of looking at whether it's a problem worth solving, doing some customer validation, and then executing on what we call a business model validation for most of the data science and AI solutions that we're developing, we're actually partnering with Ford and their Data Science Center of Excellence. They call it the fort fort, yes, so and I have one of my data scientists here from the fort, and he and I have been presenting on our anomaly detection algorithm. But what we do in that partnership is they are our accelerator. They are building rapid prototypes, MVPs, minimum viable products that we can then demonstrate to our clients and check and validate if there's any value in it to them. Is it a solution that there were work? You know, they're willing to. Spend on, or is that a nice to have? And that's the distinction that we really need to make every day when we're evaluating these solutions, because, quite honestly, sometimes it doesn't require an AI based solution. Everybody wants to jump on the AI bandwagon. I guess I

10:14

agree. I just, for me personally, I don't want to see how the sausage is made. I certainly want to just be able to say, here's my business. I have the solutions that that are in place. I'm getting the data that I need to make, the decisions that I need to make to make this a more resilient business, sure efficient business, managing what I need to manage, and it's sort of pushing that information to me. I don't have to go search for that information.

10:39

Yeah. I mean, it's the distinction between being proactive and react. Yeah, right. And our customers don't want to react, no? Because once they have to react, that means they've, they've lost right? There's an inefficiency in that situation, in that workflow. They want to be more proactive. And if we can give them the lead time in order to be proactive, and the insight to go resolve their, you know, resolve the issue, or from a maintenance perspective, or, you know, from a reporting perspective, they're going to, they're going to generate so much value from that.

11:10

With all that said, and you're, you're in the trenches, you've seen a lot of changes happening. You see a lot of things happening going forward. Put your future hat on. What do you see happening with you know, everybody talks about collecting data, but what do you really see from a use case perspective,

11:27

three or four primary use cases at accruing I mean, we're looking at accruing space intelligence, the occupancy analytics, right? That's huge. Predictive maintenance is a top of mind because our asset management solutions are driving all of this telemetry data we're learning about different assets every day, the nuances of those assets, we're leveraging generative AI to really assist an aging technician population. I don't know if you've heard this silver tsunami. Yeah, the silver tsunami is hitting us, and quite honestly, it's hitting those maintenance technicians that are going and retiring, and the new knowledge base is not being transferred over to the younger gene. Having that conversation.

12:11

I was with the consulting firm, and we were having that same conversation. These planners are going to be retiring anytime soon. How do you just pull that information out of the head? We just didn't have the capability,

12:21

yeah, and now we have like, they can document their notes, they can document their knowledge base. We can put it into a generative AI solution, and a junior technician can go out and look at an asset that's being, you know, need, that requires maintenance, and they can pull it up and ask it a natural language question, and just get the answer right in front of them.

12:41

mp? And as the pump is number:

13:15

is exactly the use case that we would be trying to solve for. And quite honestly, it's pretty simple, right? You take the OEM, the original equipment manufacturer training manuals, you take the maintenance technician manuals, and you take all of the notes that those aged technicians have been pumping into our CMMS platforms for years, and you allow and you train the generative AI model to basically collate all of that data and generate an answer when it's connected to a specific anomaly or a specific incident that's been or event that's been generated. See,

13:52

it would seem to me, too, for accuracy with these Gen AI solutions. Now you got the chat GPT, and it goes and scours the World Wide Web and then comes up with, no, that's not the answer I'm looking for. I said it this way. I didn't say it that way. Why am I getting that? You know, really odd, odd response. But if you, if you encapsulate the Gen AI into a certain environment that I'm pulling that information from, like you said, CMMS, other sources of data, it's a single source of truth, yeah, so I I get it.

14:33

And quite honestly, the training of those of those models isn't all that difficult. When you have that single source of

14:39

truth, yeah, it's coming from you. This is like, yeah, yes, I think it's easy coming from that perspective. No, sure. So that's that's interesting. So with that, what other items? What. What other data analytics outside of AI, what give us another paint, another picture out there that I'm collecting, I got my devices collecting data. Give us another How about

15:10

energy management? All we keep hearing about is the cost of energy is skyrocketing for all of our customers. How about we utilize those sensors to do auditing on your energy bills. How about we compare what the what the energy is coming off of the meters and the sub meters to your energy bills. And then you can go back to your energy provider and say, hey, look, I didn't use this much, and we're saving five to 8% across the board for many of our retail clients, really? Yeah, and it's not just an auditing situation, it's, it's also a controls automation, right? I can reduce the set point if it's cooler outside. I could raise it up if it's, you know, it's 98 degrees out here. I mean, yeah, I'm glad that it's cooler in this

15:56

I'm glad this facility works. Because Have you, have you been walking around? It's like, why am I doing out here? People are melting out I know. Why am I walking around in this i and then you start sounding like a whiny little baby, because I'm crying. I'm going to anyone like this heat. It's kind of any

16:13

problem. Well, it's interesting. The HVAC use case is one that's near and dear to my heart, because it's how I started in the industry. Yeah, right, when I was at Honeywell, that was our primary use case, and I learned so much about how the HVACs in certain institutions think about, like, your big box retailers, you know, some of your corporate real estate, there's not just one HVAC unit on the top of this hotel. There's like 50.

16:36

You see this cooling tower, yeah. Speaking of right there, right there, all right. Now, for the listeners out there, as you wrap this up, how do they get a hold of you? They're saying, God, this guy knows his stuff. I'm

16:53

on LinkedIn. I'm on LinkedIn. Did we have that conversation before? I think we did. He's on LinkedIn. I like it

17:00

now. That was a great conversation. Yeah, you got a lot of pepper.

17:07

All right, passionate about the

17:08

job. Yeah, man, you can tell all right, listeners, we're gonna wrap it up on the other side. We're gonna have all the contact information for our friend Charlie out there and reach out. He wants to collaborate, at least again, you need to educate, you need to collaborate and you need to innovate each and every day. Make that a priority. That's the three legs to the stool that I always talk about. All right, thank you very much for joining. We, once again, are broadcasting from Accrent insights here in San Antonio, Texas. It's a must attend event. Wonderful people solving great problems. So stay tuned. We will be right back. You're

17:43

listening to the Industrial Talk Podcast Network.

17:53

Again, if you haven't heard yet, enough data. Data, you can't experience all this wonderful, innovative stuff without the collection of data and then being able to take that data in such a way that it makes sense. And that's an AI solution there, you know. So I get the tsunami of data. It's coming in, it's coming in, it's coming in. But how do you sort of sift through it so that you get tactical insights? Yep, Charles Boyle, he knows it. Port of is the company the event was accruing insight. And don't, don't be left behind. You need to collect data. You need to do it. All right, Industrial Talk is here for you. You industrial professional, you have a podcast, you have technology. You want to tell your story. Go out to Industrial Talk.com talk to me. You won't be disappointed. All right, be bold, be brave, dear. Greatly. Hang out with Charleston. You're going to change the world. So we're going to have another great conversation shortly.

Scott MacKenzie

About the author, Scott

I am Scott MacKenzie, husband, father, and passionate industry educator. From humble beginnings as a lathing contractor and certified journeyman/lineman to an Undergraduate and Master’s Degree in Business Administration, I have applied every aspect of my education and training to lead and influence. I believe in serving and adding value wherever I am called.

Leave a Comment





This site uses Akismet to reduce spam. Learn how your comment data is processed.