Develop and implement a digital architecture to facilitate proactive asset and operations management beyond localized optimization through applied analytics and artificial intelligence at scale. The Digital refinery should connect the entire operating asset vertically from shop floor to boardroom and horizontally across the value chain from supplier to customer, enabling 1-5% in revenue uplift and 2-6% in margin uplift. Digital Refinery solutions should provide predictive, real-time visibility into operational performance, potential risks, and recommended actions, resulting in 10-20% reduced maintenance costs and reduced off-spec products. In turn, the company as whole can optimize its responses and create opportunities for margin improvements, greater reliability and safer operations.
"Digital Refinery" by Motor Oil wins 3 awards in 2021
Updated: Aug 26, 2022
Want to read more?
Subscribe to architecturerating.com to keep reading this exclusive post.