Industrial intelligence, built through digital solutions, is valuable at any stage of the chemical lifecycle—but, when Engineering, Procurement and Construction include a digital twin during the design and build phase of a new CapEx project, chemical companies get additional compounding benefits throughout the asset’s lifecycle. For as long as chemical organizations have undertaken CapEx projects, engineering teams have faced pressure to reduce project risks. Despite their best intentions, disjointed workflows and inconsistent data were common roadblocks—until now. Collaborative, cloud-based tools allow dispersed teams to work on designs and simulations simultaneously, thereby accelerating engineering cycles, reducing rework, and improving overall project outcomes However, building new facilities or modernizing existing ones is only part of the story when it comes to improving engineering outcomes. As with new construction CapEx projects, engineering new processes often comes with a good deal of risk for chemical companies. But a unified digital engineering approach can accelerate process engineering at every stage of the project lifecycle. In this session you will learn:
- How to lay the foundation for the digital twin with process data
- How the digital twin embraces data-centric engineering and design tools
- How the digital twin helps evolving detailed engineering
- How the digital twin incorporates materials and equipment
- How the digital twin incorporates real-time data for operations
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