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 [...]
Revolutionizing Industries through Data-Driven Problem Solving: The Role of Artificial Intelligence
Introduction: Artificial intelligence (AI) stands at the forefront of the digital transformation sweeping across industries, offering a powerful tool for optimizing operations through data analysis, pattern recognition, and anomaly identification. In the current landscape, AI is not only a trend but a necessity, with its applications expanding rapidly within various sectors, particularly in industrial processes and operations. The Capabilities of AI Algorithms: AI algorithms play a pivotal role in data-driven decision-making by efficiently extracting, processing, and storing vast amounts of information. Their ability to recognize complex patterns and visually identify anomalies surpasses what can be achieved [...]
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 [...]
Contextualization of data is an industry need
In the data era, having the control and monitoring of assets in industrial plants becomes essential. Industrial operations and processes are characterized by their high complexity, which is often one of the greatest challenges when it comes to monitoring these assets. In addition to being complex, industrial plants are characterized by a very large number of assets. It is estimated that an installation of this type easily surpasses the number of 500,000 assets, which must be monitored in order to preserve their integrity, so that, in this way, risks are minimized. In the midst of a period in [...]
Digital Twin: Leading the Pulp and Paper Industry to Digital Transformation
The pulp and paper industries are some of the most important and traditional industries in the world. Despite the obstacles faced in recent years, this is an industry that has been showing good growth. With the arrival of the digital transformation, the pulp and paper industry had to face the drop in graphic paper consumption and redirect its energies to other segments. This change was able to curb consumption impacts and allow this industry to continue to generate growth. However, the pulp and paper industry still has some challenges ahead to maintain its production. Among these challenges, we can highlight [...]
A Guide to Better Leveraging IoT Data (Internet of Things)
IoT (Internet of Things) has been widely used by the oil and gas industry, forming a large communication network between physical objects, which have any possibility of communication with each other. The use of this technology in industrial plants has allowed the extraction of gigantic amounts of data, bringing up the question: How to use IoT data efficiently? The path found by the oil and gas industries so that data can be used in order to generate valuable insights and turn them into actions that result in performance optimization, control, safety and greater fluidity of the process as [...]
Vidya has a confirmed presence at Future Digital Twin!
The Future Digital Twin conference will take place between May 26th and 27th, 2021. This online event will analyse the steps needed to be taken to incorporate a Digital Twin and ensure best practice throughout the product life cycle. For instance, some of the topics that will be covered include: How adopting Digital Twins affects your carbon footprint Data and its relation with Digital Twin How can you achieve the maximum value through DIgital Twin combined with AI and Machine Learning strategies? Change Management: How can a Digital Twin replicate the behaviour of a company? Predictive Maintenance: create a digital [...]
How Digital Twin Technology can predict risk and cost 2021
Digital Twin technology can predict risk and cost in 2021, through asset integrity awareness. Keeping the integrity of industrial assets is an essential task for any industry especially Offshores, Refineries, Oil & Gas, Pulp and Paper, Mining among other complex industrial plants. However, some challenges can appear in the process of inspection and maintenance of these assets. Such as: Lack of a complete and updated inventory of the complex plant; Difficulty in outlining a maintenance budget; Time-consuming inspection tasks; How could asset awareness be achieved? Until the operational phase of the complex plant, many engineering data , technical drawings, [...]
