Brooks, M.
Mike Brooks is Global Director, APM Solutions at AspenTech. Previously, he was the Chief Operating Officer at Mtell, which pioneered machine-learning for managing the health of industrial equipment. He has also served as a venture executive with Chevron Technology Ventures and held senior roles at five startups. Brooks began his career as an engineer at Esso and Chevron.
How companies can take advantage of APM solutions to reduce planned maintenance
According to Löfsten, “the costs of maintenance are estimated to be between 15% and 40% of production costs.” Consequently, efforts to reduce such costs without compromising risk to equipment, personnel safety and environmental integrity are welcomed.
If you want AI to overcome limitations, give it more scalability
Artificial intelligence (AI) has caused a significant buzz not only within the hydrocarbon processing industry but also in everyday activities.
- 1
- ... 1 pages
- Shell Aviation, Accenture, and Amex GBT expand Avelia into a multi-supplier SAF solution 7/16
- ORLEN and Krajowa Grupa Spożywcza sign MoU to accelerate biomethane production in Poland 7/16
- New plants, U.S. trade worries to drive China's 2025 naphtha imports to record 7/16
- Blue Water significantly reduces CO2 emissions by switching to HVO in port operations 7/16
- Swire Shipping launches new carbon insetting program – ‘Voyage to Zero’ 7/16
- China's surplus crude oil surges in June, giving refiners options 7/16
