Drive Operational Excellence
and Advance Sustainability Efforts
Process manufacturers face unprecedented challenges.
Market Volatility
Digitalization
Climate & Environment
Evolving Competition
Changing Workforce
Economic uncertainty
is the new normal
post-COVID and other recent shocks to the
global economy.
More companies
are adopting
and implementing
digital technologies
more quickly.
Massive clean energy investment is critical
to achieve global sustainability goals.
Operational excellence is
a must-have for companies to keep up with rapidly changing technology
and peers.
The still widening workplace skills gap and flexible work practices are both here to stay.
To tackle so many demands,
companies must work proactively
to improve operational excellence
by minimizing equipment failures,
process disruptions—and
Unplanned downtime
alone costs industrial manufacturers as much as
$50 billion
a year.
Businesses are seeing the value in adopting an advanced APM 4.0 approach to address operational and equipment performance issues.
Asset Performance Management (APM) 4.0 technologies
leverage a combination of AI, machine learning, rules-based and condition-based monitoring to provide deep actionable insights and identify, diagnose and prioritize impending equipment problems continuously and in real time.
unplanned downtime.
How are your peers leveraging APM?
With APM 4.0, industrial organizations are realizing safety and process efficiency gains—while contributing to their bottom line and supporting critical sustainability efforts.
82%
82% of process manufacturers relate energy consumption and emissions reduction
goals to APM
Over two thirds of manufacturers are considering APM 4.0 solutions to achieve sustainability KPIs
See how APM 4.0 delivers value for our customers
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Reduced
Fuel/Gas Consumption
Reduced
Maintenance Spend
Reduced
Downstream Treatment Costs
Global petrochemical company, Braskem, wanted to improve monitoring and efficiency of its pyrolysis furnaces by integrating a
predictive vision.
Braskem applied Aspen ProMV®, in AspenTech’s APM suite, to identify the parameters most critical for energy consumption and then monitor for deviation from desirable operating levels.
Wind farm operator, Sardeolica, was looking to extend the useful life of its 57 wind turbines at its 259GWh wind farm.
Sardeolica implemented AspenTech’s predictive and prescriptive maintenance digital solution to identify gearbox and generator degradation two to five months before impending failures occurred.
Chemical producer, Petrocuyo, wanted to reduce the amount of chemical treatment needed to produce the one of its resin products.
Petrocuyo used Aspen ProMV software to map production variables against the product’s quality and melt flow properties to respond faster to process deviations.
reduction in fuel/gas consumption
Sustainability Impact:
50-75 kg./hr.
+$400K USD
maintenance program to schedule service before failures within low-wind periods
Transformed
Easier Repairs
Sustainability Impact:
in downstream treatment costs
60%
reduction
Sustainability Impact:
10% Reduction
in annual maintenance costs
in savings realized on four furnaces in just one month
To advance operational excellence and sustainability efforts, Read the Executive Brief:
Advancing Profitability and Sustainability with APM 4.0.
Download Now >
Citations:
1 Forbes, Unplanned Downtime Costs More Than You Think, February 22, 2022
2 2022 Verdantix APM survey results
3 2022 Verdantix APM survey results
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Achieve a Win-Win:
Market Volatility
Economic uncertainty
is the new normal
post-COVID and other recent shocks to the
global economy.