A digital twin is a digital representation or virtual replica of a physical object, person, or process. It is the result of a so"ware algorithm that harnesses real world data captured via sensors, laser mapping, or other internet of things (IoT) technologies that are attached to the source object or reference material. Ideally, any information that can be obtained by examining the physical object can, in theory, also be obtained from its digital “twin.” The virtual twin of the object is usually hosted in the cloud, where it connects to and mirrors the physical asset’s data – historical, current, and changes as they occur – enabling near real-time, remote access to the physical object’s actual conditions at all times.
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The positive impact of digital twins on planning, costs, turnaround, revenue generation, and safety are substantial and rapid in their return. This article will examine why to leverage this technology and how to do so in a fiscally viable manner.
Acting as a reliability twin, QRO is a new dynamic reliability approach that bridges existing first principles-based reliability models with advanced data science principles and system-based optimization to drive improved facility performance.
One of the most important opportunities is digitalization, visualization, and access to actionable information, which is best achieved via AIM software with digital twin technology. Yet, can it really create enough value to justify the business case?
Training options to meet your needs. E²G contracts with API to deliver training programs for FFS, Risk–Based Inspection, Damage Mechanisms, and Pressure Relieving Systems. ETI and Customized Training offers specialized courses based on industry...
This Asset Intelligence Report on Digital Twins serves as a primer to increase your familiarity with Digital Twin technology as well as its applications in the refining, chemicals, and petrochemical industries.
Pinnacle, the world’s largest reliability analytics company, and Cognite, a global leader in industrial software innovation, have strategically partnered to accelerate and scale the deployment of the world’s first live reliability digital twin.
In this interim report, Pinnacle analysts take data from the oil refining industry and dive into how that key sector is being affected by reliability today. Download your free copy!
