Maximizing Operational Excellence with Aspen Fidelis for Refining

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Maximizing Operational Excellence with Aspen Fidelis for Refining

Optimizing Spending Decisions

Managing spending decisions in a refining plant while considering all affected functions can be overwhelming. Aspen Fidelis offers a solution by simulating various scenarios to provide a comprehensive analysis of unquantified risks that could impact plant performance and revenue. This simulation serves as the first line of defense in risk assessment, enabling decision-makers to prioritize effectively.

Strategic Decision Support

When planning for capital expenditures or adjusting operational and maintenance strategies, understanding the full impact of decisions is crucial. Aspen Fidelis provides detailed analysis to help guide strategic decisions related to project prioritization, spare parts management, tankage optimization, demurrage reduction, and debottlenecking efforts. By offering a comprehensive view of various factors, Aspen Fidelis empowers decision-makers to make informed choices that align with the plant's performance and financial goals.

Integration Benefits

The integration of Aspen Mtell and Aspen Fidelis enhances risk quantification and enables data-driven decisions that align plant performance with operational and financial objectives. This integration allows for a more holistic approach to risk assessment and performance management, leading to better decision-making and optimized plant operations.

Economic Optimization

Aspen Fidelis goes beyond equipment-level predictions and accurately forecasts the future asset performance of the entire system. By providing insights that extend beyond individual components, decision-makers can maximize the economics of business decisions and ensure operational excellence. This prediction capability enables proactive decision-making to improve overall plant performance and efficiency.

Digital Transformation Support

By leveraging the latest innovations, Aspen Fidelis accelerates the digital journey of refining plants, helping them achieve higher levels of operational excellence. Through advanced tools and technologies, Aspen Fidelis enables efficient decision-making based on comprehensive data analysis, ultimately promoting a more streamlined and optimized operational environment.

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