Chemical Engineering World - Fostering excellence and relevance in evolving ecosystems Process industry companies have a massive volume of information to manage. These companies also have complex assets to operate in a dynamic environment and need to make constant changes, which can add up to significant improvements in profitability. This translates to an improvement in sustainability metrics, lower emissions, improved product quality and so forth.

Industry News - Future-proof your assets with digital twinning Big data is the bedrock of artificial intelligence (AI), which gains momentum via machine intelligence and insights employing streams of business and operational data in a plant. A digital twin can unlock the potential of a massive data mountain in each company. As such, companies need to progress with new, advanced technology – to be strategic and have a roadmap to get ahead.

Bangkok Post - Digital transformation enables sustainability success Sustainability is emerging as a critical business topic, as many companies focus resources toward energy efficiency, pollution control, and value chain optimisation. Sustainability efforts have broad impact across a business, but fundamentally impact four key areas for processing industries: safety, efficiency, economics, and talent. Indeed, the importance of linking sustainability concepts to worker satisfaction cannot be underestimated.

As organizations embrace new approaches to asset management and maintenance, what does it mean for the engineers that keep the systems running?

Predictive analytics provide alerts to equipment failures weeks or months in advance, so you can manage downtime in a way that makes the most sense for your business.

Explore the top priorities in supply chain management and get tips on how to effectively address concerns around each objective.

Aspen Schedule Explorer beta customers share insight on their experiences; integration across suites uncovers new opportunities to improve operations.

Make run-to-failure an outdated asset maintenance method with prescriptive analytics and machine learning.

ARC analysts and AspenTech experts examine the key components of successful digital transformation at the 23rd Annual ARC Industry Forum.

Asset performance management solutions enable pharmaceuticals companies to protect their supply chain, increase asset utilization and avoid unplanned downtime. Machine learning is key to achieving fast results.