HP March 2022 eBook—Energy Transition - 87

Sustainability
or a piece of new hardware, such that the
business capability focus is overshadowed.
For example, if the traceability of
a product is the goal from a sustainability
perspective, then the objective should not
deteriorate to a proof-point of blockchain.
This will result in a short-sighted and
simplistic, even if agile, pursuit that keeps
everyone busy spinning wheels without
much progress or measurable attainment.
Sooner or later, this disconnect results in
successful technologies not seeing the
light of day due to poor application.
Instead, the choice of use cases should
be accompanied by aspects such as:
* Use-case definition based on
completeness of sustainability
impact articulation
* Prioritization of measurable
outcomes, organizational readiness
and ease of adoption
* De-prioritization of technology
validation across multiple domains
* Technology adoption strategy
following the success of use case.
The desired business capability, endto-end
as much as feasible, should be designed,
tested and delivered by whichever
combination of technologies and processes
within financial reason. This also establishes
trust, agility and relevance in the IT
delivery arm of the enterprise.
Takeaway. The hydrocarbon value chain
is in the crosshairs of every discussion
surrounding sustainability. Apart from
end usage, process manufacturing is the
next-highest significant contributor. The
desired changes and corresponding impacts
would take effort in terms of economic
compromises, innovation and adjustments
to social consumption patterns,
with acceleration being necessary in all
these areas. Nonetheless, it is clear that
immediate impacts can be positively delivered
by integrating existing technologies,
merging operational excellence with
the extended value chain, and adopting a
leadership-sponsored approach.
LITERATURE CITED
1 United Nations Development Programme,
" Sustainable development goals, " online: https://
www.undp.org/content/undp/en/home/sustainable-development-goals.html
2
Hyperledger,
" How Walmart brought unprecedented
transparency to the food supply chain with
Hyperledger Fabric, " 2019, online: https://www.
hyperledger.org/resources/publications/walmartcase-study
3
4
Alliance
to end plastic waste, online: https://endplasticwaste.org/
Neste,
" Neste and Finnair partner to reduce CO2
footprint of flying with sustainable aviation fuels, "
Press Release, March 5, 2020, online: https://www.
neste.com/releases-and-news/renewable-solutions/
neste-and-finnair-partner-reduce-co2-footprint-flying-sustainable-aviation-fuels
5
Krishnan,
V., " Business trends: Advent of cognitive
applications and the IoT in process manufacturing, "
Hydrocarbon Processing, June 2018.
VISWANATH KRISHNAN is an
IBM Global Executive who heads
the Industry 4.0 portfolio for the
process industries (chemicals,
petroleum and industrial products).
He is a thought leader in the
domain, with 28 yr of hands-on
expertise in the chemicals and petroleum segments,
particularly around manufacturing and the supply
chain. He has worked in multiple geographies on
various engagements, including greenfield and
established refineries and petrochemical and
chemical complexes. In his present role, Dr. Krishnan
works with clients in their digital transformation
(Industry 4.0 and others), in an era that places a
premium on costs, resilience and sustainability.
Dr. Krishnan holds a PhD in chemical engineering.
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https://www.hyperledger.org/resources/publications/walmart-case-study https://www.hyperledger.org/resources/publications/walmart-case-study https://www.hyperledger.org/resources/publications/walmart-case-study https://endplasticwaste.org/ https://endplasticwaste.org/ https://www.neste.com/releases-and-news/renewable-solutions/neste-and-finnair-partner-reduce-co2-footprint-flying-sustainable-aviation-fuels https://www.neste.com/releases-and-news/renewable-solutions/neste-and-finnair-partner-reduce-co2-footprint-flying-sustainable-aviation-fuels https://www.neste.com/releases-and-news/renewable-solutions/neste-and-finnair-partner-reduce-co2-footprint-flying-sustainable-aviation-fuels https://www.neste.com/releases-and-news/renewable-solutions/neste-and-finnair-partner-reduce-co2-footprint-flying-sustainable-aviation-fuels https://www.undp.org/content/undp/en/home/sustainable-development-goals.html https://www.undp.org/content/undp/en/home/sustainable-development-goals.html https://www.undp.org/content/undp/en/home/sustainable-development-goals.html http://Store.GulfEnergyInfo.com/electrolyzernadbook2022 http://Store.GulfEnergyInfo.com/electrolyzernadbook2022 http://www.H2-Tech.com http://www.HydrocarbonProcessing.com

HP March 2022 eBook—Energy Transition

Table of Contents for the Digital Edition of HP March 2022 eBook—Energy Transition