An IDC Infographic Sponsored by Dassault Systemes
Optimizing Plant Operations in the
&GasIndustry
OilBringing virtual into reality
Virtual technology leads to better outcomes.
Reduce downtime Capture critical knowledge
by validating asset from key personnel for risk
changes offline before mitigation with skilled staff
executing departures
Improve safety Increase profitability
through hazard analysis and residual value by increasing
in virtual reality Gross Refining Margins
VIRTUAL TWIN
unifies fragmented modeling
and simulation siloes into a single
and unified model of the plant
that validates all changes
and activities
REAL-WORLD EXAMPLE
Raw material market Manager and planners A forecast can then be
changes lead to raw can use the virtual twin quickly developed to
material cost and distilled for optimizing distilled present impact on yield,
product price volatility fractions to leverage cost, and profitability
current market trends
Inefficient operations mean that refining
facilities are already taking on the
burden of significant risk.
Top challenges for improving operations
$
$
$
Lower commodity Safety and Unplanned or
prices put pressure compliance prolonged
on HR budgets. issues can shutdowns
cause huge drops result in
in Gross Refining lower yields.
Margins.
Engineering and plant managers have
their own operational challenges.
Optimizing Managing rapid
equipment expansion of facilities
maintenance and and processes to
asset utilization capture new markets
Compensating for the
Ensuring compliance
lack of experienced
and security
staff due to budget
requirements Optimizing feedstock
constraints and
inputs to meet
workforce
market demand
demographics
5O%
are increasing spending
3O%
are increasing spend on O&G companies are looking
on automation of software and systems2 to reduce labor budgets by
business processes1 using software and systems
to drive performance
An integrated technology environment
can encourage multi-disciplinary
teams to collaborate.
Digital transformation is needed to automate, modernize,
and provide a foundation for intelligence and analytics
using KPI-driven dashboards.
Recommended
approaches:
Set standards for Deploy process intelligence
operational and modeling to predict the
performance, security, impact of change on
and compliance business performance
Establish a solid platform to develop
a Virtual Twin to model plant
systems and processes
DOWNSTREAM: TOP 2015 DRIVERS
3
INCREASE INCREASE OPTIMIZE
ORGANIZATION’S ORGANIZATION’S ORGANIZATION’S
PRODUCTIVITY AGILITY BUSINESS PROCESS
A Virtual Twin models processes and assets
and can be used with knowledge management
systems to train new workers to collaborate.
Virtual Twins offer the ability to simulate and model processes
in a virtual world before going live in the real world.
REAL-WORLD EXAMPLE
Apply analytics to determine the right
balance of feedstock input to optimize the
product mix for meeting market demand
realizing maximum cash margins
HOW ARE BIG DATA/ANALYTICS USED?
To understand and To understand &
optimize business optimize product
processes performance
To understand patterns in
large data sets
With the use of Virtual Twins,
decision-making capabilities can
improve substantially.
Virtual Twins offer the ability to see what works and what
doesn't in an artificial world before going live in the real world.
Data management advances encourage enterprises to build
full digital twins of operating assets. The overlay of economic
and financial data will usher in a new era of business
management based on evidence-based decision-making.
3O PERCENT
of companies will use simulation and virtual twins
for products, processes, and facilities with
real-time performance feedback in the next
1-2 YEARS
4
1, 2: IDC EI report: Business Strategy: The Impact of Lower Oil Prices on Oil and Gas IT Budgets Is Not as Much as Expected.
3, 4: IDC EI report: IDC FutureScape: Worldwide Oil and Gas 2016 Predictions.
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