There is a growing need for complex industries to quickly implement AI solutions to prepare for a less skilled workforce. But not all AI is created equal. Having the “right” AI is essential to success.

This report, written by Dr. Carole Nakhle, CEO of Crystol Energy, discusses the findings of a survey assessing the impact of the COVID-19 crisis on the global energy industry. The survey, a collaboration between Crystol Energy and AspenTech, was completed in November 2020. Download this comprehensive and informative report to learn more about the survey's key findings.

At CERAWeek 2021, Bill Scudder, Senior Vice President and GM of AIoT Solutions at Aspen Technology, discussed the convergence of AI and IIoT into a new paradigm: The Artificial Intelligence of Things or AIoT. He described how a variety of market forces are putting increased pressure on operators to improve their operational efficiency. These forces include economic, sustainability, workforce and technology. Bill illustrated how industrial AI is defined by three domains, software at scale, data science/AI and domain expertise, and that, to be successful, Industrial AI solutions need to encompass all three domains. Finally, Bill introduced the vision of the Self-Optimizing Plant and the necessity of robust Industrial AI infrastructure to support it.

Technology Licensors and Engineering and Construction firms seek to boost project agility, compress FEED activities, and hence shorten the overall design process producing higher quality projects. Aspen Basic Engineering propagates changes and automates deliverables decreasing FEED package preparation time and decreasing rework. Watch now to learn more/

Finding ways to use petroleum resources while meeting the increasing demand for high-quality products and environmental regulations is one of the key challenges faced by the refining industry.

Sustainability, business agility and resource efficiency will be key to organizations in Asia Pacific as advanced process manufacturing solutions accelerate their digital transformation.

Top industry performers deploy more effective maintenance strategies, supported by technology, resources and continuous optimization to keep assets performing high on the P-F curve and delivering business value.

Solutions that address the challenge of the circular economy exact particular demands for the chemical industry. Products and processes must be redesigned to cut emissions and waste and extend material use systems.

Aspen Technology LandT Technology Services Partner to Deliver Engineering Solutions

The era of the intelligent mine is here and the maintenance department of the future will use insight to improve its decision-making ability based on data.