To what extent do you see the deployment of digital approaches to maintain and operate facilities while leveraging artificial intelligence (AI) in the restructured operations of the petrochemical industry?Mar-2023
Charles Brandl, Honeywell UOP, email@example.com
As the refining and petrochemical industry evolves to address challenges related to the energy transition, sustainability and digital transformation (digitalisation) are critical to be viable and competitive. Adoption of digital applications, including cloud-enabled solutions, continues to improve and deliver benefits to the industry. Digitalisation is transforming how we will run sustainable, reliable, safe plants in the future. Advanced analytics (machine learning/AI) is becoming an integral part of digitalisation efforts.
Intelligent, AI-driven applications are at the core of the journey from automation to autonomous operations, enabling self-optimising applications, autonomously adjusting to different operating conditions and environments and orchestrating disparate applications to optimise the operations. Adoption of AI technology is key to delivering on the promise. The commercial success will depend not just on the technology readiness (maturity) but also on the organisational readiness to deploy the applications and sustain the value delivered. This will entail focusing on workforce development and organisational structure that can drive change management, successfully scale up, and deliver value to the business.
Simply bolting machine learning or AI solutions onto specific layers may help with engineering productivity but will not provide an optimisation step change or add millions in new margins to your bottom line. For example, our Performance Services offer digital applications and consulting services that help our customers to run sustainable, safe, reliable, and optimum operations.