Name
Informing Value: The Business Case for Lifecycle Management of Complex Process Facility Digital Twins
Date & Time
Friday, September 15, 2023, 12:40 PM - 1:00 PM
Randell McNair
Description
  • Overview of recent research into the business case for adopting digital twins for complex facilities based on academic literature and formal interviews with owner-operators
  • Presentation of a model for understanding how to measure value derived from insights from complex process facility digital twins from various perspectives
  • Highlights from a real world case example were a digital twin model was used to successfully mitigate a major delay to construction and commissioning of a complex facility asset