- July 24, 2024
KBC (a Yokogawa Company) announces the release of KBC Acuity Process Twin Pro, a web-based software as a service (SaaS) application. This AI-powered application leverages rich data analytics and optimization methods to automatically monitor and update our Petro-SIM digital twin solution to ensure consistent value is delivered. From one centralized platform, KBC Acuity Process Twin Pro technology provides meaningful insights to help refiners accelerate decision-making and facilitate efficient asset management and operational effectiveness. These aspects are crucial to achieve growth, scalability, sustainability and profitability.
According to Soni Malik, product management senior consultant, “The oil and gas industry faces volatile prices, rising costs and sustainability concerns. The industrial internet of things, combined with first-principles models and engineering expertise, enables real-time monitoring and data-driven strategies to support operational effectiveness. KBC Acuity Process Twin Pro application can increase efficiency, help identify missed opportunities and uncover new revenue streams.”
Key benefits of KBC Acuity Process Twin Pro technology include:
- Health index monitor: Proactively alerts users of any inaccuracies and risks in one or more assets across sites to prevent outdated digital twins from being used for unit optimization and profitability studies.
- Automated workflow: Performs calibrations and tuning studies within the application to profile candidate cases based on quality and prediction analysis to facilitate efficient data handling while increasing employee productivity and engagement.
- Perfect digital twin: Fine-tunes the model’s parameters, enhancing the digital twin’s accuracy long-term. By reducing dependency on domain expertise, it empowers users to make well-informed decisions.
- Cloud collaboration: Provides a scalable and centralized platform to monitor, maintain and visualize multiple assets that simplifies asset management, planning and sharing best practices across all business units.
The KBC Acuity Process Twin Pro application uses data-driven insights and automated work processes to update digital twins for identifying business opportunities, mitigating risks and optimizing assets, thereby improving refining operations. KBC's dedication to innovation is evident in this new application, which operates within the KBC Acuity Industrial Cloud Suite and seamlessly integrates with the Petro-SIM process simulator and RTO (real time optimization) systems. With KBC’s expertise and first-principles modeling and simulations, the new solution accelerates digital transformation and provides sustained value.