Gulf Oil and Gas accountACCOUNT

Borealis Selects Aspen Mtell® Prescriptive Maintenance Software to Improve Reliability

Source: www.gulfoilandgas.com 4/25/2018, Location: Europe

Aspen Technology, Inc. (AZPN), the asset optimization software company, today announced that Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, has selected Aspen Mtell® software. The scope of the first rollout is their production site in Stenungsund, Sweden.

Aspen Mtell is part of the aspenONE® Asset Performance Management (APM) software suite combining big data, machine learning and process knowledge expertise to maximize performance across the design, operations and maintenance asset lifecycle. Aspen Mtell mines historical and real-time operational and maintenance data to discover the precise failure signatures that precede asset degradation and breakdowns, predict future failures and prescribe detailed actions to mitigate or solve problems.

The company’s selection of Aspen Mtell was based on its successful performance in a competitive predictive maintenance “proof of concept” project for a business-critical compressor on site. Predictive maintenance is a key initiative for Borealis and this initial project effectively demonstrated the tangible benefit of automating such data analysis and knowledge work. The decision to move forward with Aspen Mtell was further supported by the demonstrated rapid speed of deployment, accurate early detection of asset degradation and ability to scale the solution system-wide.

Through asset performance management — enabled by a blend of historical and real-time process, asset and enterprise data — organizations can transform asset maintenance into optimum reliability, extending the life of assets and maximizing the return on capital employed.

Software >>

Software News in Sweden >>

Austria >>  12/26/2018 - As 2018 comes to a close, it's time to review the top energy stories of the year. For the oil market, 2018 has been a roller coaster ride. Ups and dow...
Norway >>  12/18/2018 - Equinor and Ocean Installer have signed a contract that covers the FPSO mooring installation, tow out and hook-up of the Johan Castberg FPSO in the Ba...

Norway >>  12/18/2018 - The Atlantic region has recently been awarded three new contracts in the North Sea. The first of these contracts will see DOF Subsea undertake a work...

Related Categories: Bid and Proposal Software  CAD Systems  Control Software  Design Software  e-business  Financial Accounting Software  Gas Software  General  GIS Software  Import Documentation System  Materials Management Software Materials Management  Oil Software  Petroleum Software  Process Simulation  Procurement Software  Property Management Software  Risk Management  Sales automation Software 

Related Articles: Bid and Proposal Software  CAD Systems  Control Software  Design Software  e-business  Financial Accounting Software  Gas Software  General  GIS Software  Materials Management Software Materials Management  Oil Software  Petroleum Software  Process Simulation  Procurement Software  Property Management Software  Risk Management 


Sweden Oil & Gas 1 >>  2 | 3 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.