What is a Digital Twin and what does it do? View this infographic to learn what a digital twin is and how it provides important insight on system performance enabling companies to optimize operations and reduce costs by maximizing uptime with real-time recommendations.

With vertically integrated unified production optimization, you can dynamically optimize multiple process units in closed loop.

With the introduction of centralized performance monitoring in aspenONE APC V11, organizations can improve operating margins across the enterprise by providing greater visibility into APC benefits and performance. New non-linear capabilities in Aspen DMC3™ enable you to extend controller features and functionality to non-linear processes.

Most upstream assets have large untapped benefits that AspenTech's advanced process control (APC) technology can unlock through mitigation of slugging effects, optimizing well production and improving energy efficiency. These benefits offer 2-5 percent improvement in production and up to 10 percent reduction in energy usage. AspenTech customers currently using APC in upstream assets report millions of dollars per year in benefits from a single application. This webinar discusses the benefits and application examples of APC in upstream processes.

Sustainability remains top-of-mind for most executives as they work to balance environmental concerns with business performance. Digital solutions have emerged as a key enabler to help companies make progress toward their sustainability goals.

What is a digital twin? Why is it an essential building block for your organization’s initiatives, such as sustainability, operational excellence and improved margins? Leading energy and chemical companies are leveraging digital twin technology to model the behavior and performance of assets to improve their bottom line. In this on-demand webinar AspenTech’s Market Strategy Director and industry expert Ron Beck shares how digital twin technology provides the following benefits:

While most chemical companies have sustainability initiatives in place with varying reliance on digital technologies to achieve these goals, challenges remain. What are the key enablers to eliminate emissions and waste, extend material use and regenerate natural systems? How do new innovations accelerate this effort?

This podcast is part of a series featured on the “In the Oil Patch” radio show and podcast produced by Shale Oil & Gas Business Magazine. This episode features Aspen Technology’s Ron Beck, Director of Industry Marketing, and Alex Kalafatis, Senior Director of Product Management, sitting down with host Kym Bolado to discuss how to reduce costs and increase sustainability with a core digitalization solution, advanced process control.

Conozca cómo YPFB Andina integró y optimizó su producción en Upstream de gas usando un gemelo digital

COVID-19 has pressed the green accelerator as part of its impact on oil and gas producers. Technology will open new frontiers to enable the industry to emerge leaner, stronger and greener.