In today's rapidly evolving industries with ever-changing dynamics, maintaining operational efficiency and reliability is crucial. Digitalization offers insights into facility capacities and capabilities across varying scenarios—short and long term. By understanding the potential effects of equipment downtime or changes in production plans, organizations can proactively manage risks and optimize resource allocation.

Due to demands of production, evolving regulations, need to advance sustainability goals and a widening skills gap, organizations are implementing adaptive process control capabilities.

During the Q&A portion of a AspenTech Inmation™ webinar with Verdantix, attendees had the opportunity to pose their questions to the panel of experts presenting. This document contains the answers to those industrial data questions.

Are you struggling to extract meaningful insights from your industrial data using traditional PLS (Partial Least Squares) modeling techniques? It's a common challenge—despite scrutinizing scores, loadings and statistical parameters, achieving satisfactory model performance remains elusive.

Contrary to popular opinion, the journey to improve asset performance does not need be an ordered, strict, logical set of steps. Rather, it is about knowing the right issues to solve at your site and doing so with technologies that complement your assets.

Reducing energy use and GHG emissions remains a priority for the process industries. However, when designing more energy efficient plants or revamping existing sites, a high level of expertise is required to perform Pinch analysis. Engineers have limited time available for design, and the use of separate tools by multiple disciplines also brings the risk of errors due to manual data transfer.

As asset-intensive companies grapple with the increased complexity of maintaining reliable, high performing equipment, the challenge grows exponentially when critical asset data—maintenance records, sensor data, historical information, etc.—is siloed across various systems, departments and formats.

Safety remains a critical imperative for companies worldwide as it impacts the workforce, surrounding communities and operations of the plant or refinery. Yet engineers often struggle to analyze scenarios and design risks for an effective safety system.

Watch this video demonstration to learn more about how Aspen Mtell can help you enhance performance monitoring and energy efficiency.

In today's complex and ever-changing technological landscape, integration between Information Technology (IT) and Operational Technology (OT) is not just a buzzword; it's a necessity.