Industrial AI-based Solutions for Agile Operations
AVEVA Refining Solutions offers industrial AI-based solutions that provide the agility to respond to changing conditions in real-time, ensuring greater safety, profitability, and sustainability. These purpose-built solutions are tailored to meet the specific industry and application requirements of the clients, integrating AI technology and machine-learning capabilities. The continuous optimization through autonomous and semi-autonomous processes allows for enhanced operational efficiency and performance.
Advantages of Industrial AI-based Solutions
The AI solutions from AVEVA enable organizations to detect current performance issues and anticipate future ones, reducing the risk of critical asset failure and maximizing operational performance. By leveraging advanced pattern recognition and machine learning, anomalies in processes, equipment, and assets can be effectively identified. Additionally, the solutions optimize processes by improving yield and operational efficiency through first-principles analysis, machine learning, and purpose-built algorithms.
Enhanced Decision Making with AI
Moreover, AVEVA's AI solutions empower businesses to make smarter decisions by providing in-depth insights and minimizing risks through root-cause analysis, prescriptive guidance, and risk-based decision support. Organizations can forecast events, schedules, and scenarios with precision using neural networks, deep learning, and reinforcement learning. By maximizing machine learning capabilities, clients can extract optimal performance from their intelligent machines.
Forecasting and Optimization
AVEVA's AI solutions also enable forecasting of remaining useful life, estimating the time to replacement or overhaul of an asset under the current operating conditions. This predictive capability helps in proactive asset management, reducing downtime and maintenance costs. Duke Energy, for example, saved $34 million utilizing AVEVA Predictive Analytics to detect issues early across its asset fleet, showcasing the tangible benefits of AI-infused solutions.
AI-infused Products and Support
AVEVA offers a range of AI-infused products for operations and engineering purposes, such as AVEVA Insight, System Platform, Predictive Analytics, and Operations Control for operational excellence. Additionally, engineering solutions like E3D Design, Process Optimization, Advanced Process Control, Crude Assay Management, and Dynamic Simulation enhance plant design, optimization, and control. These products leverage AI to drive efficiency, reliability, and profitability in industrial operations.
AI Resources and Continued Digital Transformation
Furthermore, AVEVA provides a wealth of AI resources including blog posts, white papers, and industry insights to deepen understanding and foster innovation in industrial artificial intelligence. Clients can explore topics like predictive and prescriptive AI, chemicals process optimization, and the revolutionizing impact of industrial AI. As organizations continue their digital transformation journey, AVEVA's AI solutions, backed by cutting-edge technologies and expert support, play a crucial role in shaping the future of agile, data-driven operations.
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