Using ML/AI now they have enabled themselves to not only understand the importance of parameters but also to make predictions in real-time and forecast the future values. This helps the industry to manage and continuously improve the process by mitigating operational challenge...

Root cause analysis, or RCA, is an incredibly helpful process in identifying and solving problems in business. Particularly in industries like oil and gas and others in the sector, small problems can cause big issues, often without really becoming apparent. RCA is essentially...

What is Operational Excellence? In the business world, the term “operational excellence” is becoming extremely popular. But what is “Operational Excellence”? We need to put Operational Excellence into context before we can define it. “Operational Excellence” refers to efforts...

Machine learning by definition is a relationship which is established between a set of input variables and an output variable. Specifically, in process industry identification of this relationship becomes a difficult task, as it becomes highly non-linear at cases. The internal...

“Digital Transformation” is the adoption of the novel “Advanced Digital Technologies” to create modified processes from existing traditional processes. With Digital Transformation for the Process Industry being implemented in the Chemical/Manufacturing space, we have gained th...

“Technology is best when it brings people together” “Technology is best when you use it wisely” “Data is the real evidence” That’s right, today in this world of the digital era, we are all surrounded by digital technologies, tools & data. Everyone of us is now becoming a p...

With this article we will try to establish how OCR converts different kinds of documents into machine readable forms. It would be helpful if we typed each word individually, wouldn’t it? It will be extremely tedious, time-consuming, and stressful to type every word. OCR techni...

With this article we will try to establish our understanding around when, why and how monitoring the assets can solve the business problem. Monitoring the assets or prognostics analytics seems to be very widely used technique, which has been accepted across many Oil and Gas in...