Cadmatic’s Post

📢Energy, Utilities & Resources industry focus sessions at IFS Unleashed 2024 What you can expect: 💡Reimagining the end-to-end asset lifecycle for AI with utilities 💡Discover the innovation and investments we are making in Energy, Utilities & Resources 💡Optimizing mobile workforce performance powered with AI-based automated scheduling and much more Find out what's in store for your industry today ⬇️ #IFS #IFSUnleashed #EUR #EnergyandUtilitiesandResources

EnergyCo*, a leading independent #energy company focused on developing oil and natural gas, knew that there was a smarter way to conduct oilfield inspections. With a bold vision to optimize operations with easier access to data, the company enlisted our help building two new #digital products. Read the full case study here to learn how we helped the company streamline operations and improve performance. #AI #analytics #digital

In the face of increasing grid complexity, having a unified and efficient maintenance strategy is essential. GridMatrix's advanced maintenance management platform enables utilities, TSOs, and DSOs to gain a comprehensive understanding of their grid assets while streamlining maintenance processes. With a focus on data centralization, diagnostics, and workflow automation, GridMatrix redefines how maintenance integrates with grid management. Key Features: 1- Unified Asset Management GridMatrix offers a centralized database to manage all grid assets, from transformers to substations, with detailed metadata such as operational status, specifications, and maintenance history. It visualizes the grid topology and asset connectivity, providing operators with a complete, up-to-date picture of the grid. 2- Advanced Diagnostics AI-powered tools allow for precise fault detection and classification, enabling operators to identify potential issues such as insulation failures or mechanical wear early. Root cause analysis helps pinpoint the exact source of problems, guiding maintenance crews to make informed, efficient interventions. 3- Automated Workflows Streamline your maintenance operations with automated work order generation and approvals. Tasks are automatically triggered by predictive analytics or scheduled maintenance intervals, complete with detailed instructions and safety protocols. This ensures consistency and reduces administrative overhead. GridMatrix empowers utilities to move beyond reactive maintenance, providing a proactive and integrated approach that saves time, reduces costs, and enhances grid reliability. By unifying asset management, leveraging AI for diagnostics, and automating workflows, GridMatrix is setting the new standard for maintenance management in the energy sector. #PowerGridMatrix #HolisticMaintenanceManagement #GridOptimization #UtilityInnovation

Harnessing Digital Twin Technology: A Game-Changer for Upstream Operations. In the rapidly evolving landscape of upstream oil and gas, Digital Twin Technology stands out as a transformative innovation. A digital twin is a virtual model that mirrors physical assets in real time, providing a comprehensive view of the equipment and processes used in drilling and production. This advanced tool has revolutionized how companies monitor, optimize, and sustain their operations. By employing digital twins, organizations can simulate and analyse the performance of rigs, pipelines, and other assets, enabling predictive maintenance and reducing unplanned downtimes. This real-time simulation not only prevents costly operational interruptions but also enhances safety by allowing teams to pre-emptively address potential hazards before they escalate.   Operational Efficiency and Precision: Digital twin technology facilitates data-driven decisions, optimizing the drilling process and resource extraction strategies. Operators can test different production scenarios in a risk-free digital space, ensuring that they choose the most effective approaches before applying them in the field.   Enhanced Safety Protocols: With real-time updates and predictive analytics, digital twins help identify vulnerabilities and potential failures. This enables proactive measures, significantly lowering the risk of accidents and creating safer work environments for personnel.   Sustainability and Resource Management: Beyond operational efficiency, digital twins contribute to sustainability efforts. By simulating energy use and identifying ways to reduce emissions, companies can align their operations with environmental regulations and corporate responsibility goals. Digital Twin Technology exemplifies how the oil and gas industry can leverage cutting-edge solutions for increased resilience and operational excellence. As digital integration becomes more sophisticated, the adoption of digital twins promises a future where upstream operations are smarter, safer, and more sustainable. #DigitalTwinTechnology #UpstreamInnovation #OperationalExcellence #SustainableEnergy #OilAndGasTech #OilAndGasEngineering #IndustryLeadership #FollowUsForMore #ParveenIndustries

The refining industry is struggling with aging facilities and an aging workforce. Institutional knowledge and various data necessary to run legacy equipment are often lost in individual electronic files or paper documents ENEOS is therefore now using Cognite Data Fusion's Industrial AI capabilities to build the digital infrastructure required to both capture its unique institutional knowledge and accelerate AI-powered efficiency improvements across its sites in Japan Exciting times for the refining industry https://lnkd.in/d4yFJpkd

BCPGroup & MAGNETA use permanent magnet motor technology and artificial intelligence applications to advance sustainability initiatives in the oil and gas industry

Learn how to respond to the common reasons for hesitation on digital transformation and use successful, tested strategies to enact change. Stan DeVries, Oil and Gas Industry Principal for AVEVA, says now is the time for #digitaltransformation. https://bit.ly/4cBEBFS

4 great topics of discussion. If any of the below pique your interest, reserve your spot today! 🔄 Optimizing #sustainability projects using a concurrent engineering solution that integrates #processsimulation, equipment design, cost estimation, risk assessment and more ⏩ Major trends, regulations and policies impacting the global #hydrogen value chain 📊 How Partial Least Squares models can improve performance and empower your team with actionable insights 💻Taking your data management to the next level with Microsoft and Aspen Technology

4 great topics of discussion. If any of the below pique your interest, reserve your spot today! 🔄 Optimizing #sustainability projects using a concurrent engineering solution that integrates #processsimulation, equipment design, cost estimation, risk assessment and more ⏩ Major trends, regulations and policies impacting the global #hydrogen value chain 📊 How Partial Least Squares models can improve performance and empower your team with actionable insights 💻Taking your data management to the next level with Microsoft and Aspen Technology

4 great topics of discussion. If any of the below pique your interest, reserve your spot today! 🔄 Optimizing #sustainability projects using a concurrent engineering solution that integrates #processsimulation, equipment design, cost estimation, risk assessment and more ⏩ Major trends, regulations and policies impacting the global #hydrogen value chain 📊 How Partial Least Squares models can improve performance and empower your team with actionable insights 💻Taking your data management to the next level with Microsoft and Aspen Technology