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How Digitalization is turbo-charging KPI setting
Turning numbers on a glossy KPI dashboard into profit on your income statement. Digitalization can address many of the issues that have compromised KPI effectiveness in the past. We see a future where KPIs will be smart, backed up with changes in culture and organization to get the most out of the new information, and allowing digital technology to determine the optimum course of action.
Driving flow assurance through effective KPI setting, analytics and digital twin technology
In the past, when oil prices were higher, upstream producers were very focused on managing their assets for maximum production volume. However, in the current and forecast business environment, there is a much greater need to manage for value. Maximum value is not always maximum flow; this can sometimes lead to value destruction. So what does managing for value mean for an upstream producer?
View whitepaperWhat does IMO 2020 mean for refinery reliability?
While the IMO 2020 regulation will create economic opportunities for some refineries and challenges for others, both scenarios will put pressure on reliability and integrity teams to keep equipment running. Crucially, reaction to the regulation is not a gentle change to slowly adapt to and work through. On January 1, 2020, the regulations will come into force with full effect and could be decisive in the future of many facilities.
View whitepaperDigitalization Manifesto
Digitalization allows you to manage day-to-day performance safely and reliably, respond to swings in market dynamics, operate at a true optimum, squeeze down on the gap between potential and realized margin, create more utility for the end customer / consumer, and outmaneuver competition. Find out about our view on Digitalization in our Digitalization Manifesto.
View whitepaperDisciplined delivery of digitalization results
All Digitalization initiatives lie somewhere in the journey to a destination of results delivery. Many will not make it. Why? Lack of structured approach and discipline to stick to it. All Digitalization initiatives should follow this roadmap.
View whitepaperEuropean refining 2050: Turning the vision into reality
Europe’s refiners, through their industry organization Fuels Europe, have set out their long-term ambitions in a new program called Vision 2050. Putting this vision into practice will require Europe’s refiners to rethink and rebuild their long-term strategies, along the way transforming their organizations into modern, flexible knowledge-based enterprises. Read more in this market insight by KBC Chief Economists.
View whitepaperIs the maintenance function in need of some maintenance?
The key to getting value from technology advances in maintenance is to deeply understand your organization’s fundamental aims and direction, challenge assumptions and approximations and incorporate a structured change management process.
View whitepaperEnergy Management Information Systems evolve to see the bigger picture
Poorly designed and overly simplistic energy performance indicators often drive energy savings at the expense of product yield or quality. However, a well-designed energy management information system can minimize energy cost without impacting production and, in some cases, can even enhance process performance.
View whitepaperImproving energy and sustainability with cloud-based services
A Co-Pilot in the Cloud enables collaboration between process plants and service providers to improve operations.
View whitepaperHarnessing IT/OT convergence for operational success in the power industry
In the power industry, the future is meeting the present head on as a wave of digitalization crashes over industrial control systems that are, in many cases, decades old. Operational excellence for these companies increasingly depends on how efficiently their IT interacts with their OT. In large power companies, this kind of inter-departmental alignment is difficult enough. However there are also external factors that make it even harder.
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