A digital twin should be capable of scaling to incorporate as many of the constituent parts of the asset as possible. Different types of digital twins are suited for different purposes; their value varies significantly. The kind of digital twin, and how big and fast it will deliver value is key for integrated asset and supply chain optimization.
This whitepaper describes the key blocks of the scalable digital twin, which build along the value chain starting at the foundational molecular level. An optimum business portfolio is dependent on the molecular capabilities of the assets.
Today there are multiple different digital twins covering various aspects of the asset lifecycle and supply chain. The paper examines how they currently serve distinctly different purposes and use siloed / limited data sources and at fit-for-purpose compute speeds. Over time these digital twins will become increasingly holistic and connected for multi-purpose/- dimensional deployment and will be using increasingly ubiquitous data sources.
Get in touch with us
Do you have a project which you are interest in working with us on?
You may also be interested in
Aug 15, 2019
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?Read full article
Feb 4, 2020
Achieving autonomous operations is all about empowering the plant to run, learn, adapt and thrive in tomorrow’s environment. Dynamic real-time optimization gives a fast automated response based on the actual changes in raw material properties, product demand, and operating conditions.Read full article
Get the latest updates from KBC
Sign up to our newsletter to receive our latest innovations, viewpoints and be informed about any upcoming events.