Software solutions to optimize investments and maintenance for heavy industry, chemical and petrochemical plants, and refineries.
Augmented Intelligence for Heavy Industry.
It’s a simple equation, really: if you can do more in your business but spend less, you’ll make more money. Businesses keenly asses each and every process, seeking out opportunities to optimize practices, policies, and programs to reveal the chance to save time, money, or both. Every optimization is, in effect, money in the pocket of a business owner, a shareholder, or a stakeholder.
However, some processes are not easy to optimize because they form part of a complex system of interactions. The more complex the system, the more difficult it becomes for a manager, consultant, or executive to judge by intuition, experience, or via basic technologies how that system might be optimized. While it can sometimes seem obvious that modifying a single task, series of tasks, or entire process might offer significant savings, just as often the changes to one part of the system end up impacting other parts of the system.
These secondary or cascading effects can be disastrous and, in the end, even cost the company more than they expected to save.
Unless you optimize your processes with the world’s only technology capable of modeling any complex system, that is.
Cosmo Tech has proved that its modeling and simulation approach to complex systems can help heavy industry to optimize their processes and save significant operating expenditure (OPEX), too.
Optimize a process, make more money. It’s a simple equation, and one that Cosmo Tech can help you embrace.
Ensure the safety and reliability of your network through a better understanding of your processes. Focus on the causation of the data, not the correlation, with a prediction based on model calibration from historical data.
Visualize your network holistically in order to determine how your decisions on one portion of your network will affect another. Take into account the cascading effects and create plans that optimize your network and your assets.
“Heavy industry is now on the brink of the digital revolution…modular, easy-to-use analytical packages, especially those that also include artificial intelligence and machine learning, can harness and process this information to provide new levels of insight.”
McKinsey and Company – ‘Buried treasure: Advanced analytics in process industries’