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Progressive Railroading - The Next Wave of Technological Wonders
“Automation also can help identify issues before something critical fails. Finding problems as early as possible helps improve asset management,” says CSX Executive Vice President and Chief Operating Officer, Cindy Sanborn. Read this article to learn more about CSX’s exciting project with Mtell, which uses patented machine learning technologies with industrial assets to perform predictive maintenance which no longer runs parts to failure.
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Blacks Swans and Gray Rhinos: Building Future Resilience
As all companies have been challenged by the current economic and health crisis, the successful recovery requires a new view toward future development and growth with metrics that consider broad and more long-term goals. Featured in Hydrocarbon Processing, AspenTech’s Paige Morse shares considerations for building future resiliency that center around digitalization.
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AspenONE MES Software Converts Data into Value for Operational Excellence
LOTTE Advanced Materials was looking for a tool that would convert data into value to drive operational excellence. In this ARC Advisory Group article, read how LOTTE chose AspenTech’s aspenONE Manufacturing Execution Systems (MES) software to transform digitally, and build a robust data analytics platform. Now, LOTTE is able to lock in a visionary software implementation roadmap to optimize business processes and operations.
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Case Study - Optimization of Refinery Middle Distillate System
This article appeared in the 2018 American Fuel & Petrochemical Manufacturers (AFPM) Conference Daily (Oct 2018) that highlighted the Operational Planning, Control and Automation Technologies session during which Chevron talked about the closed-loop, real-time coordination of a refinery middle distillate system, the benefits and key takeaways.
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Digitally Enabled Reliability: Beyond Predictive Maintenance in Mining
Real-time condition-based monitoring of assets is an attractive solution for mining companies to minimize their unscheduled downtime and improve reliability of critical equipment. The success of an asset monitoring program depends on how well this data is analyzed, filtered and categorized to enable accurate predictions of impending failures. Focusing on the behavior of an asset only tells a small portion of the story. To fully predict failures, the trends of the entire process must be considered as a whole.
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How Digitalization and Industrial AI are Accelerating Sustainability
The 2015 Paris Agreement and other international climate change accords have helped raise global awareness of the need for countries to take urgent action to combat climate change. As companies continue to focus on sustainability, a common theme is taking shape around the role of digitalization as a key enabler. In fact, a recent ARC Advisory Group survey revealed that 75% of respondents rated digital transformation as highly important for achieving sustainability goals.
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