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00:00 Anytime you buy something, you want it to operate reliably and last. A house, an appliance, a car, but businesses experience the same thing with their assets, think of a bridge, an airplane, or even a production plant. Unplanned outages and breakdowns can cost hundreds and thousands of dollars per hour, if not maintained. So how does agentic AI impact these asset-intensive industries and help prevent very real, very expensive problems?
00:41 For decades, we've managed these assets using systems of record. They track data related to assets, operations, and management, such as... Asset details, work orders, and inventory. They tell us things like, what has changed, when it changed, qnd who changed it. The data is continuously captured in a variety of ways, synthesized, planned, and executed.
01:19 But the real challenge is turning that data into the right actions while balancing the trade-off decisions. Automated workflows help, but too many of those decisions still depend on too few skilled people. And that doesn't scale. So systems have to evolve. And that's where agentic AI comes in. We're seeing a shift from systems of record to systems of intelligent action.
01:56 This doesn't replace the record. It runs on top of it. It reasons, it plans, and it acts. Together, this is where a genetic AI takes us beyond analysis into systems that act with purpose and operational context. Let's imagine a technician is scheduled for a complex repair. In a standard system of record flow, a person manually prepares the work order, schedules it, and assigns it to a technician.
02:42 In an intelligent system of action flow, an AI agent. Does the heavy lifting before anyone even logs in. Then it provides the work order to our maintenance manager who approves. Once approved, the technician logs in to find a work order that's already scheduled with parts, tools, and diagnostic guidance. But intelligence doesn't stop at planning. Let's follow that technician into the field.
03:17 Now the technician is on site looking at existing data. The AI agent determined a root cause based on sensor data and the graded performance of a pump. From here, the tech and the agent work together hand in hand in every stage. The technician works hands-free, describing what they observe verbally, unusual vibration, a visible leak. The technician can also use the camera on a mobile device or smart glasses to capture what they see.
03:55 The agent processes that visual input and overlays procedural guidance in real time. Helping diagnose and repair the problem on the spot. An intelligent system of action doesn't stop at advice. Today, incomplete closeouts are one of the biggest sources of rework and compliance gaps. Critical steps get skipped. Documentation gets deferred. Parts go unrecorded.
04:21 In an intelligent system of action, it will catch what's often missed. It prompts in real time to ensure Documentation is captured. Compliance steps are completed. Parts used are recorded, and follow-up inspections are scheduled. The work isn't done when the repair is done. It's done when record is complete. For decades, enterprise software recorded the past. Now it can reason about the future, from systems of record to intelligent systems of action, powered by agentic AI. Thank you.