With current shortages in on-site staffing, many companies struggle to prevent unexpected breakdowns. AI and machine learning technology leverage precise pattern recognition from manufacturing assets to provide weeks, or even months, of advanced warning on imminent degradation and failures.

Las herramientas digitales pueden equipar a las empresas para responder a cambios sin precedentes. Conozca cómo la digitalización puede aumentar la resiliencia.

Engineering, Procurement and Construction (EPC) firms with a large presence in the process industries are preparing for a major disruption to their business. The now inevitable scaling back, delaying or cancelling of projects will have a tremendous effect on these companies. A top priority for EPCs, which typically operate on very thin margins and own few assets, will be preserving cash.

This executive brief highlights the results of a recent survey conducted with Oil & Gas Journal on how EPC firms are pursuing new sources of revenue from the operations and maintenance phases of a project lifecycle.

In the current extreme VUCA (volatile, uncertain, complex and ambiguous) environment, chemical producers are learning the importance of operating with insight and agility. At the same time, companies are being tested for the depth of their resilience, and learning how to navigate huge shifts in demand, supply, workforce and economics, and emerge from this crisis in a stronger position.

The upstream oil and gas sector has faced a variety of challenges such as unpredictable oil prices, changing patterns of demand and ensuring safe working conditions at remote sites. Accelerated digitalization programs, particularly those that include digital twin technology, can provide agility and resilience to better handle future market uncertainty and lay the foundation for longer term competitive advantage.

As machines make more and more decisions, one obvious question needs to be answered: Are their decisions reliable?

Refineries are tasked with finding better ways to navigate today’s extremely disruptive environment. Many companies are operating under a “new normal”, characterized by extremely volatile markets, a depressed demand for products and a non-essential staff working remotely. In this on-demand webinar AspenTech experts share best practices to help you:

YPFB es la petrolera nacional de Bolivia y es un productor clave en la producción de gas en Sudamérica. Su producción empezó a disminuir drásticamente en dos de sus principales campos de gas en Bolivia por lo tanto YPFB necesitaba superar este problema para cumplir con sus obligaciones contractuales. En este webinar aprenda cómo utilizaron un gemelo digital de Aspen HYSYS para solucionar los cuellos de botella de su planta, ductos y estaciones de compresión lo que les permitió:

Economic, workforce and production transitions for chemical industry