Asset Performance Management from GE Digital

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GE Digital’s Asset Performance Management software uses Digital Twins, advanced visualizations and improved connectivity to help asset and process intensive companies in Power Generation, Oil & Gas and Chemical Processing Industries to rapidly reduce costs while adapting to changing market conditions.

The GE Digital APM Roadmap continues to advance the state of technologies for APM as well as features and functions. APM 4.4 is now generally available from GE Digital.

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Transcript:

Derek Taravella:
GE Digital, in terms of the APM space, was one of the early pioneers in the space. In my opinion, pretty much invented the space. One of the key things for us was their ability to integrate with some of our other third party tools that we use for data acquisition.

Nick Brescia:
It's really important for us to have assets that are reliable. And so, APM is one way of making sure that we get the most reliability and most efficiency that we can out of all of our assets. And of course, that reflects in the bottom line.

Toni McIlvenna:
So, with our corporate vision of going 80% carbon-free in 2030, we need to start looking at our strategies for our fuel types. The outcome of using Asset Performance Management for Xcel Energy is focusing on our strategies and balancing it with the risk and the savings and the liability and spend.

Matias Palacios:
The outcome of smart signal, we are using in Exploration & Production for a couple of years has allowed us to considerably increase our overall gas and electricity, decrease our carbon impact as well.

Basil Abdul Melibari:
We are implementing this in the Grassroots Refinery, which is a new refinery built in Saudi Arabia with the capacity to produce 400,000 barrel per day.

So hopefully this kind of integration between APM smart signal will help to proactively manage our assets and increase the asset life cycle.
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