ESG : Main concepts and aspects to a better future
ESG stands for Environmental - Social - Governance. These are guidelines that guide financial companies towards the challenges and social objectives of the 21st century. Initially conceived in 2004 in the UN global pact in partnership with the world bank, the ESG strategies are about 03 pillars that must work in perfect harmony so that companies can generate sustainable growth, and be aligned with global goals. Next, we will show what each of the pillars means, and how important it is within organizations. E - Environmental The first ESG pillar concerns the good environmental practices that an [...]
The power of Big Data and Digital Twin
Digital transformation has been a period of many changes for industries with the rise of many innovative technologies that are daily implemented within production processes and operations. However, it is from a knowledge area called Big Data that these technologies have their potential highlighted The use of Big Data aligned with technologies such as IoT (Internet of Things), Digital Twin, and Artificial Intelligence, has provided the generation of valuable knowledge through the efficient interpretation of huge amounts of data. It is through Big Data techniques that industries can use all available data to identify possible bottlenecks, improvements [...]
What is Big Data and how the industry benefits from it
Big Data é um termo popularizado desde a Indústria 4.0 e tem sido amplamente utilizado em muitos setores da indústria e de tecnologia. Mas, afinal, o que é Big Data e qual é sua contribuição para os processos e operações industriais? O Big Data começou a se popularizar em meados de 2013 e, desde então, vem crescendo cada vez mais e se tornando uma técnica essencial para as indústrias de hoje. Basicamente, Big Data é a capacidade de analisar, processar e armazenar grandes quantidades de dados, de forma que essa análise possa gerar um conhecimento valioso [...]
What is LOD (Level of Development) ?
Have you ever heard of LOD (Level of development)? LOD is an industry-standard for multi-level 3D refinement. Each level represents a phase of the project's construction and refinement from design to operation, among other important metrics such as scheduling, animation, and field performance. Read: The 3 Levels of Digital Twin. There are 6 levels of refinement of a LOD, let's explain each one of them. LOD 100 - Design The first level is linked to the project design phase. At this level, a Gross 3D representation of the project with geolocation, area, volume, and height data [...]
The water treatment industry and its challenges
The water treatment systems industries are extremely important to our society and, like any other industry, they have challenges that can be solved through digital transformation. There are several types of plants when we talk about water treatment. Each one of them with its specific characteristics according to its final product. Among them stand out: Filtration Softening Addition of chemicals Half stream filtration After treatment Although the facilities for each specific type of operation are different, they share many pieces of equipment and machines, such as heating reserves, cooling, and distribution tanks. The operation of this [...]
Energy transition is possible through technology
The energy transition is one of the most important agendas for the industrial sector in order to contain the advance of global warming. But how can this be done feasibly? The need to reduce greenhouse gas emissions has been highlighted in recent months around the world. The role of the industrial sector in this change is to transform its operations so that energy dependence on non-renewable sources is eradicated. The task is far from simple and requires time and investment to actually get it done. However, from the digital transformation and its technologies, industries have the opportunity to [...]
The energy transition in industries is a necessity of now
Finding solutions for energy transition within industrial plants is a necessity that requires action. This need is the result of the race in search of industrial operations so that they do not emit greenhouse gases, being compliant with what we call ESG (Environmental - Social - Governance) strategies. The subject has gained importance in recent years. Governments try to ease the way for a change of operation aiming at the goal of containing the advances of global warming and climate change on the planet. Reducing costs and changing policies on the subject was the starting point [...]
Why industries must change their energy source
To reduce the environmental impact of our industries, switching energy sources is necessary. In recent years, this agenda has gained considerable prominence along with the demand for ESG (Environmental - Social - Governance) operations. The goal is to zero carbon emissions in the industrial sector by the year 2050 through the application of technology and especially the change of energy sources to renewable sources with a lower environmental impact. The issue of decarbonization comes to the fore amid a period where technology and digital transformation have dramatically changed the way industries operate. The digitization movement allows these industries to [...]
The challenges for the future of Oil and Gas sector
Undoubtedly, the impacts generated by the covid-19 pandemic on American oil and gas production will be witnessed for a few more years. Despite the sector's recent slight recovery, the problem appears to be far from over. To understand a little more about what made this drop in production so impactful, you can access this content where we detail more about it. Click and read! There are many variables behind the drop in US oil consumption and production. Basically, there is a cost behind all production, which can be more or less expensive depending on how the [...]
That’s why Oil and Gas production dropped
It was in the year of 2020 that the oil and gas industries suffered a major crisis in their production due to the covid-19 pandemic. Although the problem becomes more evident with the pandemic, it goes back much further. Why is the oil industry at the mercy of its production? The problem is a little more complex than one thinks when we analyze oil extraction around the world. Basically, there are 2 most common types of production, they are: Onshore and Offshore. Onshore operations are less risky and require a lower investment cost due to their easier [...]