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Blog Series: Creating a World That Doesn’t Break Down

Learn from our APM experts how to navigate through the next generation of Industrial Internet of Things (IIoT) technologies that make your organization prescriptive and profitable.

March 16, 2017 by Allison McNulty / 0 Comment
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Allison McNulty

ARC Forum 2017– “The Future is Now”

I can’t believe a month has passed since I attended this year’s ARC Forum. Considering that February had a mere 28 days in it, I will give myself a break. After all, the work that piled up while I was basking in the sun in Orlando (at least during the lunch break), has kept me plenty busy.

 

I am a big believer in continuing education. Whether it is learning how to use the latest iPhone update or an entirely new product line, there is always something to learn. Even though it is hard to leave the office, I think it is important to ‘sharpen the saw’ when you can. Thankfully, the ARC Forum did not disappoint.

 

From learning how custom car builders are reinventing the plant at Local Motors to ExxonMobil’s participation in the and Duke Energy’s innovation team’s exploration of and other technologies, it was an opportunity to gain new perspectives. A repeated phrase in the conference sessions was “The Future is Now.” Manufacturers across the globe are leveraging new technologies and challenging their approach to running their organizations, which is dramatically changing the business landscape as we know it.

 

It can be easy to feel behind the curve. However, the key takeaway from the conference for me was to “start small.” Take one department, one process, or even one model and embrace a new technology application. Predictive and prescriptive analytics can unleash options previously unseen by even the most advanced eye. Take a first step – and when you see improvements, keep going!

 

Want to know how to stay ahead of the curve? Our customers will be sharing how they have embraced the latest AspenTech software in Houston April 25th and 26th at OPTIMIZE 2017. Join us to hear real-world case studies of how these technologies are being used to produce results - improving operations, optimizing production, decreasing unplanned downtime, and increasing profits. We’ll even be joined by Peter Reynolds of ARC who will present on APM 2.0 and then moderate a panel of the early adopters of products within our new Asset Performance Management suite.

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  • Mike Brooks
    February 23, 2017 by Mike Brooks / 0 Comment

    Deep Machine Learning: Predicting Assets and The Process

    Deep Learning involves a set of algorithms that can decompose patterns into successively simpler layers which identify lower and lower levels of common patterns. This technique is computational very intense, but can produce more accurate results with less labeled events needed for training.