Brooks, M.
Mike Brooks is Global Director, APM Solutions at AspenTech. Previously, he was the Chief Operating Officer at Mtell, which pioneered machine-learning for managing the health of industrial equipment. He has also served as a venture executive with Chevron Technology Ventures and held senior roles at five startups. Brooks began his career as an engineer at Esso and Chevron.
How companies can take advantage of APM solutions to reduce planned maintenance
According to Löfsten, “the costs of maintenance are estimated to be between 15% and 40% of production costs.” Consequently, efforts to reduce such costs without compromising risk to equipment, personnel safety and environmental integrity are welcomed.
If you want AI to overcome limitations, give it more scalability
Artificial intelligence (AI) has caused a significant buzz not only within the hydrocarbon processing industry but also in everyday activities.
- 1
- ... 1 pages
- Ineos to shut polystyrene facility in Illinois (U.S.) by the end of the year 6/19
- How ASTM approval of methanol-to-jet accelerates SAF at scale 6/19
- EU crafts plan to give industries extra free CO2 permits this year 6/19
- PetroChina forecasts Chinese oil consumption will drop 4.9% this year 6/19
- Digital Exclusive: Water injection pump mechanical seals failure after pump shutdown 6/19
- Russian gasoline output down 25% so far in June after drone attacks on refineries 6/19
