Aspen Technology Achieves AWS Energy Competency Status

The energy transition will come down to focus, innovation and investment. In this post, we explore how companies are adjusting and planning for the future.

Asset Performance Management (APM) 4.0 concerns far more than just asset reliability and availability. It is all about fully optimized asset performance driving to any manufacturing company’s bottom line.

In this blog, we dive deeper into one of these digital accelerators: fully digital solutions for planning and scheduling.

Los datos generados durante el diseño conceptual y FEED se están volviendo cada vez más importantes desde un punto de vista estratégico. Desde la comprensión de las emisiones y el uso de energía hasta una comprensión más completa del diseño y los costos del proyecto, los propietarios y sus empresas de ingeniería están poniendo más énfasis en la comprensión temprana de las opciones de diseño. Pero con la complejidad de los proyectos de diseño, el desarrollo de información que es tan importante a menudo puede ser lento, ineficiente y propenso a errores. Lo que se necesita es un proceso colaborativo más integral, respaldado por herramientas digitales que ayuden a fomentar una creciente sabiduría colectiva sobre el proyecto, a través de disciplinas y partes.

Companies in capital-intensive industries are facing a dual challenge—meeting the growing demand for resources and higher standards of living from a growing population while also addressing sustainability goals. And to succeed they will require new levels of operational excellence.

AutomationWorld - Pharmaceutical Industry Applies Artificial Intelligence

Hydrogen is an essential yet often limited resource for refiners, with demand increasing due to processing of renewable feedstocks. In addition, hydrogen production is very expensive, particularly with the recent rise in natural gas prices and the significant, costly CO2 emissions it generates. Now more than ever before, refiners need an effective way to manage the hydrogen supply-and-demand balance.

CERAWeek is back, live and in full force for its 40th anniversary. As usual, the conference started with an impressive lineup of heads of state and multinational corporations.

As it relates to asset reliability, Failure Modes and Effect Analysis (FMEA) is a process to identify potential failures in a system as well as their causes and effects. By combining predictive maintenance technology with FMEA tools, companies can associate causation with known failures and their suggested FMEA remedies – leading to earlier intervention, minimized equipment damage, fewer process interruptions and improved production yields.