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January 21, 2021
Nikhil Chauhan, Chief Strategy Officer, Lummus Digital, illustrates Digital Twin and its Value for Downstream Plants as a keynote speaker at the International Downstream Week (IDW), 2021
HOUSTON, October 1, 2021 – The International Downstream Week (IDW) 2021, was recently held from 28-30 September 2021 where Mr. Nikhil Chauhan, Chief Strategy Officer, Lummus Digital, was a keynote speaker, detailing the ‘Digital Twin and its value for Downstream Plants’ on 29 September 2021
For the past 20 years, the International Downstream Week has been a forum of knowledge transfer to the new generations, discussing the highs and lows of the ever-evolving petroleum industry, the different challenges faced and overcome, and the many advancements and successes. Due to the ongoing COVID19 scenario and with the IDW, having flexibility and adaptability as its basis, IDW 2021 was organized virtually by Euro Petroleum Consultant.
The focus of IDW 2021 was on preparing the petroleum industry for the future through future fuel predictions, market outlooks and transition preparations. It offered practical solutions for boosting production flexibility, profitability, building resilience, and optimizing operational potential.
Mr. Nikhil Chauhan, spoke about Lummus Digital and its state-of the art AI platform, tcg mcube, which is the enabler of Digital Twin and other digital solutions. He showcased tcg mcube by providing an inside-view of its 5 blocks, i.e., Data Ingestion, Data Exploration, Data Storage, AI/ML and Analytics Algorithms and Frameworks, and lastly, Visualization and Insight.
It was followed by a sharp presentation of the Digital Twin and its value for the downstream plants. Explaining for both its project and operating phases, a walkthrough of its design, build, and operation phases revealed the Digital twin as a virtual replica of the actual physical plant. That, it is a true version of reality in terms of data, information, and visualization. It possesses static data for the project Digital Twin phase, which results in 3D and 5D environment. Additionally, it also hosts dynamic data, which is needed for operating and maintenance purposes. In a nutshell, the Digital Twin was positioned as the Single Source of Truth.
Further, an insight into the integrated and modular approach to the Digital Twin was presented detailing the process plants and different systems, which are mapped upto the equipment levels. Emphasis was laid on the workspaces of individual systems, which showcase near real-time actionable insights pertaining to the physical plant operations through respective KPIs, 2D/3D visual views, ‘what-if analysis, and more, needed for necessary alerts. Next, it was followed by a mention of the impeccable process synchronization for the different monitoring, optimizing, and predictive solutions.
To know more about tcg mcube, the cutting edge AI platform utilized or about the Digital Twin and its applications, particularly in the downstream, please reach out to us at firstname.lastname@example.org