Information Systems
Industrial AI: A game-changer in fast-tracking digital transformation in the energy sector
To mark the official opening of Schneider Electric’s flagship Energy Innovation Center in Houston, Texas (U.S.), Hany Fouda, Senior VP of Process Automation, highlights the largely untapped potential of Industrial AI and warns that the energy and chemicals sectors must embrace and fast-track digital transformation to catch up with other industries.
Schneider Electric unveils industrial Gen AI Copilot in collaboration with Microsoft
Schneider Electric, a leader in energy management and automation, has introduced its industrial copilot, developed in collaboration with Microsoft. Designed to boost productivity and enhance workforce efficiency, it integrates Microsoft Azure AI Foundry with Schneider Electric's advanced and secure industrial automation solutions.
Emerson's Aspen Technology business releases new software with expanded AI capabilities, enhanced visualization and simplified workflows
Emerson announced a new release of the flagship software of its Aspen Technology business. The release introduces a significant expansion of industrial AI capabilities, enhances user experience, provides new capabilities to accelerate progress toward sustainability goals and improves operational performance.
ABS and Akselos complete technical assessment for FPSO digital twin technology
ABS, a global leader in providing classification services for marine and offshore assets, with Akselos S.A., a global leader in structural performance management (SPM) software, have completed a technical assessment for structural digital twin technology. This marks a significant advancement in the application of digital twin technology for FPSO units, enabling more accurate and reliable assessments of structural integrity.
Digital Exclusive: From safety silos to strategic insights: Digitally transforming SIS management
When it comes to digital transformation, refining and processing operators face unique challenges. Unlike other industries already leveraging digital twins to improve design, enable predictive maintenance and boost operational efficiency, the refining and processing sectors often struggle with data management.
Manage reliability and asset management performance by implementing a reliable operations committee program
This article examines how the author's company instituted a reliable operations committee program at its refinery in Yanbu, Saudi Arabia. The main goal of the program is to oversee the implementation and performance of maintenance and reliability programs to ensure a culture of optimum reliability and endorse new initiatives and programs that enhance maintenance performance in the facility.
Harness the power of asset performance management to transform reliability
As the energy industry navigates the shifting energy landscape and macroeconomic uncertainties, it must adopt collaborative and innovative solutions to enhance the productivity and quality of value chain operations, while also remaining focused on efficiency improvement projects that protect the bottom line. Spurred by this need for increased resilience and recent advancements in artificial intelligence, the market is seeing growth in the deployment of asset performance management (APM) solutions.
Driving operational excellence: Integrate digital solutions for a smarter supply chain
Siloed systems lead to isolated data and inefficiencies in decision-making due to a lack of visibility. To address these challenges, the authors' company built a strategic digital command and control center. The goal was to resolve daily operational issues by integrating various systems into a unified data ecosystem, enabling real-time, integrated decision-making and driving operational excellence.
Yokogawa to acquire Web Synergies, a provider of IT and integrated IT/OT solutions
Yokogawa Electric Corp. has finalized an agreement to acquire Singapore-based Web Synergies, a leading provider of information technology (IT) and integrated IT and operational technology (OT) solutions.
Neste divests its NAPCON technology to Lummus Technology
Neste has signed an agreement to sell its proprietary technology NAPCON to Lummus Technology. NAPCON covers solutions in the field of interactive operator training simulators and game-aided learning systems, real-time process optimization, AI based process predictors and real-time process information gathering, monitoring and analytics.
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