This podcast is part of a series featured on "In the Oil Patch" with Shale Oil & Gas Business Magazine radio show. In this podcast, Kim Bolado, host with "In the Oil Patch" interviewed Ron Beck, AspenTech Market Strategy Director and Industry expert on how technology can help improve sustainability in the oil and gas industry.

This podcast is part of a series featured on "In the Oil Patch" with Shale Oil & Gas Business Magazine radio show. In this podcast, Kim Bolado, host with "In the Oil Patch" interviews with Mike Brooks, APM Global Director and Ron Beck, AspenTech Market Strategy Director and Oil and Gas Industry expert on how Prescriptive Maintenance technology can improve safety, compliance and the environment.

Digital transformation seeks to use technology to achieve your goals: fewer errors, more production, better product quality and improved customer service. The vertical integration of enterprise and IT technologies — also known as "smart manufacturing" or Industry 4.0 — synchronizes commercial systems, such as production orders from the ERP, with manufacturing systems like the DCS, weigh scales or barcode readers. This webinar will show you how can reduce product quality errors, batch cycle times and operating costs

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.

Pharma and biotech companies face a pivotal next step in addressing the increased complexity of production while balancing mounting cost pressures with the need to ensure product quality, security of supply and regulatory compliance.

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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?

GlaxoSmithKline (GSK) wanted to review the structure of its batch production record and associated workflows as part of a continuous improvement process. Reducing batch review time usually results in faster batch cycle time, meaning higher throughput at the production facility and faster cash-to-cash cycle time. AspenTech was selected for this process due to integration with other solutions, such as Aspen InfoPlus.21® and GSK’s existing plant automation software (DCS). The pilot project was a resounding success, reducing order preparation time by 95% and record review time by over 50%.

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.

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.