ARC All Viewpoint Blogs

Insights on emerging technologies, practices, and processes for Industry, Infrastructure and Cities.

Aug
21
2018
Inderpreet Shoker — Industry Trends

Three Major Components of a Successful Asset Integrity Management Program

The main objective of asset management initiatives is to ensure that assets perform their required functions throughout their life-time. Asset integrity management (AIM) has the same objective but with an emphasis on health, safety, and environment. AIM helps ensure that the appropriate people, systems, processes, and resources are in place, in use, and will perform when required. When assets are managed and maintained properly, not only it helps drive their sustainable performance, but also lowers inspection, maintenance and repair costs while improving plant reliability and operational safety.
Aug
21
2018
Janice Abel — Industry Trends

Advanced Analytics Improves Operations Decisions

Real-time operations and business operations have different data requirements. SCADA data users need real-time data to make decisions. According to Don Morrison, Real Time Data Engineer at Devon Energy, the company’s SCADA system was designed to support operations. However, SCADA data often has abnormalities. For example, when a sensor fails or is brought off line for maintenance, data averages can become inaccurate. In cases such as these, the data must be cleansed by removing abnormalities. Devon Energy has found that advanced analytics improves operations data. They achieve this by combining the real-time system and Seeq metrics to remove some of the abnormalities and improve data quality. Once this is done, the company incorporates the cleansed data into real-time operational dashboards to support drilling and production users as well as business users. For operations users, these dashboards typically provide both basic monitoring information and higher level operational status.
Aug
17
2018
Sharada Prahladrao — ARCView

Computing Megatrends Impact Business Models

At ARC Advisory Group’s sixteenth India Forum for the process and discrete industries, Digitizing and Securing Industry, Infrastructure, and Cities, July 5-6, 2018, Wind River participated as a global sponsor.
Aug
16
2018
Larry O'Brien — Industry Trends

NIST Cybersecurity Framework for Manufacturing

The National Institute of Standards and Technology (NIST) has received considerable recognition over the past few years for developing the NIST Cybersecurity Framework (CSF), which is now widely used as the basis for establishing effective security management systems.  NIST recently released version 1.1 of its Framework for Improving Critical Infrastructure Cybersecurity.  While this falls short of being a fully constructed risk management model for cybersecurity, the new framework does contain much expanded guidance on the element of risk in cybersecurity. 
Aug
16
2018
Ralph Rio — Acquisition or Partnership

Maersk and IBM Introduce TradeLens Blockchain Shipping Solution

In a follow up to their January announcement, A.P. Moller –Maersk and IBM announced the creation of TradeLens, jointly developed by the two companies to apply blockchain shipping to the world's global supply chain.
Aug
16
2018
Himanshu Shah — Industry Trends

Energy-Efficient AC Drives Reduce Power Consumption and Help Extend Motor Life Across Many Industrial Applications

While debate continues about both renewable energy versus fossil fuel-based generation to reduce greenhouse gas emissions and the correlation between GHGs and global warming, there’s no argument about the importance of reducing plant operating costs and extending the life of industrial assets. This is where energy-efficient AC drives can help.
Aug
14
2018
Paul Miller — Industry Trends

New world-scale Dangote Refinery in Nigeria will boast advanced technology for feedstock and product flexibility and environmentally responsible operations

In recent decades, we’ve seen some of the most advanced refineries and petrochemicals plants globally coming on line in India, China, and Saudi Arabia. These include really impressive, world-scale projects utilizing advanced technologies for more environmentally responsible operations such as Reliance Industry’s Jamnagar Refinery in India; the Zhanjiang refinery in China (a JV between Sinopec and Kuwait Petroleum); the Yanbu Refinery in Saudi Arabia (a JV between Saudi Aramco and Sinopec); and the Sadara chemical complex, also in Saudi Arabia (a JV between Saudi Aramco and Dow Chemical); to name just a few.
Aug
14
2018
Tim Shea — Industry Trends

Machine learning enables Equinor to optimize production operations in North Dakota

ARC takes every opportunity to highlight owner-operators and independent E&P firms that are taking the journey of digital transformation by deploying advanced analytics and machine learning to improve their operational performance and by lowering costs, increasing production and/or EUR, or im

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