Infrastructure Energy & MaterialsJune 14, 2018

Optimizing Asset Performance Using the Power of the 3DEXPERIENCE Twin

  Like many other industries, the oil and gas industry is looking…
header
Avatar ncoze

Like many other industries, the oil and gas industry is looking to innovation to help maximize productivity and achieve operational excellence. In today’s economic environment where demand, supply and commodity prices are more volatile than ever, it is imperative to think “outside the box” to solve some of the industry’s most complex issues.

Bold moves are needed to propel the industry forward. At Dassault Systèmes’ 3DEXPERIENCE roadshow in Perth on June 7, 2018, some 30 key attendees from the West Australian oil and gas industry came to hear local and international experts, customers and partners, including McDermott International Inc., Bureau Veritas and Simuserv, speak on this very topic and explore solutions that challenge the status quo. The speakers shared their experiences and insights on the adoption of the 3DEXPERIENCE twin industrial methodology in optimizing asset performance and leveraging on an organization’s extended value network of service suppliers and customers. After the seminar, delegates had the opportunity to experience hands-on 3DEXPERIENCE twin models of a real-world underground mine, a petroleum refinery, and more, with VR headsets.

We round up the top five takeaways from the event:

The 3DEXPERIENCE is your Virtual Twin

The 3DEXPERIENCE enables digital continuity across the asset life-cycle, breaking down functional silos and creating a 360 degree view of your business. It unifies the real and virtual worlds and provides the ability to play forward or rewind time so you can optimize decision making and create greater business value.

The 3DEXPERIENCE Facilitates Effective Digital Asset Management

The 3DEXPERIENCE fosters innovation and makes collaborating with your team more effective. It improves productivity by finding and reusing valuable IP, identifying and resolving issues more efficiently, while reducing development time. The software provides a single version of the truth that ensures your entire enterprise can access accurate and up-to-date information, which improves overall product quality. Using a data-driven approach, it quickly responds to customer needs and increases your business agility for sustainable growth. Not only that, the 3DEXPERIENCE combines invisible governance and PLM analytics to gain real-time insights and improve your decision making and reduce project cycle times.

The 3DEXPERIENCE Enables Multi-scale Digital Systems Engineering

The 3DEXPERIENCE is a collaborative digital workspace. It maintains a multi-scale systems architecture design, integrated with safety and automated multi-physics multi-scale simulation. The 3DEXPERIENCE also offers end-to-end engineering requirement traceability, real-time tracking of Key Performance Indicators, as well as automated report generation.

The 3DEXPERIENCE Mines Relevant Data for Impactful Analytics

The 3DEXPERIENCE provides the ability to use statistics and deep learning to make better decisions. It mines the previous data you input and foresees possible situations and risk, while developing predictive models to explore every possible alternative. The 3DEXPERIENCE interprets the results and data to arrive at meaningful decisions that impact your business.

The 3DEXPERIENCE Advances Digital Transformation

With 3DEXPERIENCE, you are able to connect your Digital Mock-Up with real-time field data for better decision-making. You can prepare and rehearse missions in your virtual environment to maximise workers’ safety and efficiency. You can also consolidate and analyze data from multiple sources onto one platform to minimise unplanned downtime on the field. Plan, optimize, and schedule your resources to improve overall plant efficiency for your business.

Interested in hearing more? Register here to hear about our upcoming events, webinars and receive news from our global innovation labs.

Or to request copies of the event presentations please contact nicole.belbin@3ds.com.

Stay up to date

Receive monthly updates on content you won’t want to miss

Subscribe

Register here to receive a monthly update on our newest content.