February 2018

Columns

Digital: Fulfilling the promise: The next phase of asset performance management

As asset performance management (APM) continues to evolve, the introduction of new methods and cutting-edge technologies are rapidly increasing its bottom-line value. Cloud computing, data science and machine learning are among the technologies that are now being integrated with automated methodologies directly into APM solutions. As a result, operators and engineers now have advanced analytical capabilities at their fingertips.

Hague, J., AspenTech

As asset performance management (APM) continues to evolve, the introduction of new methods and cutting-edge technologies are rapidly increasing its bottom-line value. Cloud computing, data science and machine learning are among the technologies that are now being integrated with automated methodologies directly into APM solutions. As a result, operators and engineers now have advanced analytical capabilities at their fingertips. While APM has made major advances over the past 20 yr, this is just the beginning. The traditional approaches of first principles-based solutions and “armies” of consulting engineers and data scientists are a thing of the past. Low-touch machine learning is the key

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.

2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain IMMEDIATE ACCESS to the current issue as well as to 3 articles from the HP archives per month. $399 for an annual subscription.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain IMMEDIATE ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,695 for an annual subscription.  For information about group rates or multi-year terms, contact J'Nette Davis-Nichols at  jnette.davis-nichols@gulfpub.com or +1 713.520.4426.

Related Articles

From the Archive

Comments