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The Importance of Asset Performance Management in Today’s Business Environment

Introduction   In today's fast-paced business environment, maximizing the performance of industrial assets is critical. Asset Performance Management (APM) is the process of optimizing the performance, reliability, and safety of physical assets, such as machinery, equipment, and infrastructure. Effective APM can help businesses reduce downtime, improve efficiency, and increase profitability.   In this article, we'll explore the importance of APM in today's business environment and how it can help you stay ahead of the competition. From identifying potential issues before they become major problems to implementing proactive maintenance strategies, we'll cover everything you need to know to get the most [...]

October 26th, 2022|Industry 4.0, Maintenance|

What is Process Safety Management

Intro   The oil and gas industry is characterized by the exploration of oil and natural gas in extremely hostile environments generating constant risks to the staff, the environment, and also to the integrity of the plant. Offshore operations are marked by their high complexity, with many processes occurring simultaneously in tens of thousands of heavy assets. In this scenario, operational safety management has the objective of developing internal procedures in order to avoid accidents and provide assertive measures to decision-makers. What is Process Safety?   As mentioned before, Process safety management is about developing efficient and effective safety management [...]

October 19th, 2022|Asset Integrity Management, Digital Transformation|

Why ESG concepts are totally related to digital transformation in industry

ESG (Environmental - Social - Governance) concepts have been gaining much attention in recent years. In collaboration with major global goals, such as the Paris Agreement and the SDGs, the concept focuses on sustainable growth, social responsibility, and transparent corporate governance. Turning these practices to the industrial ecosystem, it is possible to identify several challenges that obstruct the commitment to a net-zero operation, such as the extensive emission of greenhouse gases, asset failure, and non-optimal energy consumption due to operational inefficiencies.   The emergence of digital transformation and digital technologies has opened up new opportunities for achieving optimal operational [...]

October 11th, 2022|Digital Transformation|

Unlocking the Potential: Exploring the Fascinating World of Digital Twin Technology

Digital twin is a technology that has gained great prominence over the past few years for generating amazing results. The technology emerges in the midst of a movement known as digital transformation, which has revolutionized the way companies relate to their customers, operate, and develop their products and services.   What is a Digital Twin?   Despite the big boom behind the digital twin the term was conceived in 2002 by Michael Grieves and has since been applied for different purposes.     But how could we define a digital twin? Well, the technology consists of a digital [...]

October 6th, 2022|Digital Transformation, Digital Twin|

Digital Transformation in the O&M phase

As industrial processes become increasingly complex, more data are collected by sensors and technologies from digital transformation. However, this gathered information is not always centralized and contextualized, making the process of asset integrity management even more difficult. The Fourth Industrial Revolution and the increased investment in new technologies by companies are constantly generating better results in their processes. One of the main gains from this is the improvement of the Operation and Maintenance phase of the industry (one of the most enduring stages of Project Lifecycle Management) with tools that keep up with the complexity of the operation and [...]

September 13th, 2022|Digital Transformation|

Data Contextualization to the O&M Phase

In the last 10 years, the amount of data generated by industries is the largest in history. Despite the growing digitalization of the sector, there is still a great need to contextualize this information to be effectively useful to the industry.     In the contextualization process, three questions are fundamental for data processing. What is it? What is it for? and Who is it for?   From this, a filtering process begins, the goal of which is to classify data as useful or useless. In addition, the contextualization process is also responsible for formatting the data into usable [...]

July 5th, 2022|Digital Transformation|

Real Business Value Through Digital Transformation

Digital transformation has been a must for many companies in recent years. The digitalization provided by the movement has attracted the attention of many managers trying to encourage transformation within their organizations. Despite being indispensable, not all companies are aware of the real gain provided by digital transformation. In this post, we will clarify the main points of change generated by the movement.   What to expect from digital transformation   Digital technologies are the main drivers of digital transformation. From the implementation of tools such as Artificial Intelligence, Cloud, and Analytics, companies had access to the necessary tools [...]

June 8th, 2022|Digital Transformation|

The 5 essential steps to implement digital transformation in your industry

Deploying a new digital transformation strategy in an industrial environment can be quite challenging. The process from analysis to the actual implementation of the new tool can take months, and go through the approval of dozens of people. To deal with this bureaucratic journey and achieve effective results, it is necessary to understand which path should be followed in order to minimize problems that may arise and make the process more fluid. Besides that, in the case of large industries, the insertion of new technologies in worker’s daily basis may represent a change in the routine of hundreds of [...]

May 24th, 2022|Digital Transformation|

The role of leadership in industries’ Digital Transformation

The innovation process within industry can be quite bureaucratic. Especially when it comes to large companies, implementing a new technology in the day to day of the workers represents changing the daily routine of hundreds of people, and this requires assertive and precise planning by those responsible for this change. In a scenario empowered by Industry 4.0, the exchange of paper for digital is already proving to be more than necessary to optimize operations and processes. Moreover, in industries that already use digital as the main tool, the need to improve and optimize processes with new technologies has also [...]

May 17th, 2022|Digital Transformation|

How digital transformation can help in industry decarbonization

The C02 emission into the atmosphere, even with the constant efforts for a net zero future, remains quite problematic. In 2019, the three sectors that emitted the most gas worldwide were Electricity and heat producers, Transport, and Industry, reaching values of approximately 14068 Mt, 8222 Mt and 6254 Mt according to the International Energy Agency. In this scenario, seeking greater control of the operation within these sectors, digital transformation appears as essential to monitor the emission of gases into the atmosphere and increase the efficiency of processes, allowing a gradual decarbonization of the industry in general and a sustainable [...]

May 5th, 2022|Decarbonization, Digital Transformation|
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