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, [...]
Digital Twins and Artificial Intelligence
Artificial Intelligence has been one of the technologies that most reflects the period of digital transformation. It is from the various computational AI techniques that algorithms capable of extracting and processing giant amounts of data can be developed and applied in industries. Artificial Intelligence is one of the most prominent computational techniques in the last decade. Because of this, we have prepared content that covers the main pillars of this technology that has been revolutionizing our lives. Click and access! We live in an increasingly digital era and every day new technologies take over our routine, [...]
Digital Twin is revolutionizing Asset Integrity activities in the industry – but how does it works?
Have you ever come across an article talking about how Digital Twin will change industries? The search for this technology is increasing among many industrial managers, especially the asset integrity ones, and software powered by this solution is the sector’s bet. Digital Twin History The Digital Twin was originally designed by Michael Grieves in 2002, to be used in industries Project Life-cycle Management (PLM). To simply define a Digital Twin, it is the digital representation of an existing object, with the ability to exchange data. In a real Digital Twin, all the data flows from the physical to [...]
The journey of digital transformation for the Mining sector
Since antiquity, mining activity has been present in civilizations, and since then it has played a very important role in the supply of mineral material for the development of tools, technologies, and inputs. The importance of this industrial sector is unquestionable. However, the sector faces several difficulties on its way so that its operation remains profitable, safe, and with the minimum possible environmental impacts. As it is a very complex operation and involves heavy machinery in its operations, it is not uncommon to find examples of accidents or failures that compromise the integrity of operators and the continuity of the [...]
