To deliver Digital Twin technology for the upstream oil and gas markets, Doris group, Schneider Electric and AVEVA are entering into a strategic partnership.
The goals of oil & gas organizations to improve asset performance, increase sustainability and maximize return on capital on projects will be supported by this partnership. Engineering capabilities, an asset lifecycle software solution and digital specialization will be brought to the table by the association between the three companies. It will help create a fully formed digital twin to serve as a backbone for improving performance for the upstream sector.
The new solution will bring new assets on stream faster through the utilization of cloud-enabled software that improves collaboration and increases engineering efficiencies, deliver enhanced safety resulting in better business outcomes, improve traceability through one point of accountability and enable remote operations and production assurance through a totally functional Living Digital Twin that mirrors all aspects of the operating asset.
The operators constantly faced a struggle to go digital due to the lack of a structured offering and orchestration as no single vendor currently delivers what is required to achieve this.
Another challenge operators face is the collection of large amounts of data of various types, from different sources which leads to data inaccuracy and incompatibility, as well as difficulties in organizing that data and identifying trends. Similarly, the oil & gas sector is under considerable pressure to quantify, track and reduce CO2 emissions also to reduce overall pollution. Limited monitoring, no established method and no data-driven decision making make it even more challenging to achieve this goal. The newly developed collaborative solution will help oil & gas owner operators address many of those challenges.
About Schneider Electric
Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.