Among the many challenges COVID-19 has presented for our businesses, it has also challenged traditional concepts of community engagement and what it means to meaningfully consult communities on energy, mining, and infrastructure projects.
Soft sensors: what you get when you combine profound knowledge of industrial processes with a deep understanding of modern AI tools
To successfully run operations, it’s crucial to monitor main key performance indicators (KPIs). However, many KPIs are not directly measurable because of the nature of the process. Having soft sensors in place to infer essential KPIs provides the right insight for optimal efficiency. Soft sensors have been used in the industry for many years, but the main applications vary—let’s have a look.
Studying the tails of distributions is essential for risk management. Whether in probabilistic risk assessment or even in qualitative hazard studies, risk management aims to understand tail events. Risk measures such as value at risk or expected shortfall are essentially measures of the distributions’ tails. So, if you’re concerned about your project cost overrun risks, for example, you’re worried about the tail of the cost distribution.
Al Taweelah Alumina refinery operational readiness
United Arab Emirates
Organizational design and right-sizing
Digital transformation and business improvement
Nano One adds industrial scale engineering study led by Hatch to novel lithium-ion battery chemical manufacturing program
Monday, September 27, 2021