In today’s rapidly evolving landscape, the strategic utilisation of process data isn’t just a competitive advantage – it’s a necessity. Join us as we delve into the transformative power of data and discover how modelling can help harness its potential.
Data Availability
The availability and quality of process data vary significantly across industries. While many existing facilities operate with access to only critical data due to historical constraints, newer plants equipped with Internet of Things (IoT) technology enjoy real-time data capture through sophisticated sensor networks.
With the next wave of improvements on plants likely dominated by automation and intelligent monitoring systems, maximising the utilisation of available data will become imperative. This is true whether your operation deals with limited data availability or boasts cutting-edge measurement capabilities and is generating vast datasets.
Data Utilisation
In our recent blog post, we highlighted hybrid models, which, although less data-intensive than empirical models, still rely on access to relevant data. By employing hybrid models, plants can maximise the utilisation of data, effectively transforming it into a living digital report of the process. This empowers operators with actionable insights to enhance operational strategies and refine process control. While experienced operators remain central to operations, accurate model predictions complement their expertise, providing valuable data for informed decision-making. Additionally, models expedite the training of a new generation of operators and engineers, facilitating seamless knowledge transfer.
For operations with limited data availability, the development of a hybrid model can pinpoint knowledge gaps, which can then be addressed through targeted sampling campaigns. As sensor costs decrease and regulatory requirements for monitoring increase, existing plants are, however, expected to increase investment in data collection. Leveraging an existing model of your process can assist in identifying priority measurements required to optimise control and process efficiency.
In the world of process optimisation, data is the cornerstone of success. To unlock the full potential of your operations you, however, need more than just data – you need a robust modeling framework. Are you ready to harness the power of data for your process?
Ready to harness the power of hybrid modelling for your process? Fill in the form and one of our experts will connect for a tailored solution.