How you are going to become a reference through Digital Twin
Industries are currently experiencing a strong moment of disruption and digitalization in their operations as a result of digital transformation. The technologies emerging after Industry 4.0 have not only revolutionized the industry, but also brought to the fore a question frequently asked among managers: Which technologies do I really need? And the answer to that question can be quite surprising! Industries & Digital Transformation Hundreds of technologies that promised to revolutionize industrial operations have become popular and have made their way into the sector generating an ever-growing amount of data. However, having digital technologies in the midst [...]
How Digital Twin Technology can predict failure, risk and cost 2022
Asset integrity management is an essential task for any type of industry, especially renewable energy, oil and gas, offshore, mining, manufacturing, energy, and other complex industrial plants. Besides being indispensable to achieving the expected results from these industries, it also involves increasing the life cycle of the equipment, reducing risks, and also reducing the plant's operating costs, which are extremely high. However, fulfilling the goal of keeping the operation's efficiency at its maximum is not simple, especially in low-digitized environments. In this context, Digital Twin technology serves as a solution to optimize the process of digital transformation in the [...]
The many applications and benefits of Digital Twins in the different PLM phases
Regardless of the implemented project or the used management methodology, all projects can be separated into basic stages for a better understanding from their beginning to their end. This separation can be done through the PLM (Project Lifecycle Management), which serves to indicate each of these stages and facilitates the management of new or existing projects. PLM's functionality is also very valuable in industry, when analyzing, for example, the development of an industrial plant or the improvement of a process with new equipment. In this scenario, in search for greater efficiency in the operation, digital transformation allies itself to [...]
Digital Twin: a solution to mining operations
The mining industries have great challenges ahead of them, but these can be overcome by implementing effective strategies based on digital transformation. Although the mining industries suffered the least from the impact of the pandemic, according to the WPC, the mining industry still has a long way to go in complying with ESG, decarbonization, and safety guidelines in its operations. In addition, the industry has the opportunity to generate greater flexibility, integration, and profitability through innovative Industry 4.0 technologies. Read: Understand how mining companies have adapted to a new model of carbonless operation! The issue of [...]
Digital Twin for the O&M phase
Digital twin technology has attracted increasing attention in the industry due to the great benefits generated by its implementation. A digital twin consists of a technology capable of mirroring a physical object in the virtual sphere so that a constant flow of data is established between the parties. Although the concept is widespread, a true digital twin is capable of performing actions from the physical as well as the virtual sphere. Read on: Understand what an authentic digital twin is Other concepts such as Digital Shadow and Digital Model can also be easily confused with a true digital twin, however, [...]
Advantages of using Digital Twin
Digital twin has provided great competitive advantages for industries that seek in digital transformation and Industry 4.0, a way to use new digital technologies in order to generate greater integration, flexibility and control over the operation The technology consists of a continuous flow of data between real and digital assets, where an authentic digital twin is able to generate actions on assets through the digital or real sphere, unlike the concept of digital model and digital shadow. Read on: Understand what an authentic digital twin is The high level of digital integration of an [...]
The perspectives for North Sea Oil extraction
The extraction of oil in the North Sea is one of the oldest operations in the world and is responsible for the economic flow of countries like Norway, Germany, Scotland, and England. Despite its extreme importance to the region's economy, the sector has obstacles in its path that compromise the long-term future of the industry. The pandemic was one of the most difficult periods for the sector and its impacts culminated in the biggest drop in the price of a barrel in history, forcing industries in the region to reduce oil extraction. The difficulties [...]
The answer to Steel Industries future relies on Digital Twins
Digitalization has provided the opportunity of reinvention of the industrial sector through the intelligent use of data and application of technologies from the fourth industrial revolution for better efficiency and operation control. But how effectively can a complex industry like the steel industry change its operation to better management of assets, energy efficiency, and serious accident prevention? The solution may lie in the digital twin. Digital Twin: Predict the Future The digital twin is one of the technologies that quickly became popular thanks to its high applicability. It is through its use that industries can base [...]
Artificial Intelligence as a data-driven approach to Industries problem solving
Artificial intelligence is one of the main tools of digital transformation. It is from this rich technique that industries have the opportunity to optimize their operation based on data. The use of artificial intelligence is spreading within industrial processes and operations, however, the use of this technique has been becoming even more relevant to prevent accidents, failures and reduce carbon emissions in industries. Artificial intelligence algorithms are capable of extracting, processing, and storing large amounts of data. A sub-area of development within artificial intelligence called Machine Learning has enabled industries to extract valuable knowledge from this [...]
How data contextualization has been assisting asset management
Asset management brings together some good practices that should be used by organizations in order to optimize their processes and control in order to achieve a desirable result and performance, ensuring the safety of operators and integration between different industrial disciplines. From the revolutionary concepts of industry 4.0 and the application of technology in the midst of production processes, asset management has been driven by technologies capable of extracting, processing, and storing gigantic amounts of data. A common industry can easily surpass the number of 500,000 assets, which must be monitored in order to guarantee the [...]
