New Asset Management Service Targets Ethylene Plant Efficiency

May 7, 2021
Technip Energies and Arundo announce their cloud-based service - Spyro for Asset Management to enhance Ethylene plants’ efficiency.

Technip Energies and Arundo join forces to deliver a new digital service, Spyro for Asset Management (SAM). The service reportedly improves the operation, availability and reliability of ethylene plants by applying the simulation capabilities of Spyro.

SAM provides plant personnel with operational key performance indicators, alerts issues and continuously suggests optimization opportunities based on real time plant data by unlocking the information hidden in the historical data of the ethylene plant. It uses Technip Energies’ proprietary Spyro software for prediction and optimization of the plant. The service leverages the expertise of Arundo, a provider of proprietary software and advanced analytics offerings for asset-intensive industries in the machine learning and cloud computing space.

Tor Jakob Ramsøy, founder and CEO of Arundo, says: “We are really excited about our cooperation with Technip Energies to build an application where artificial intelligence and machine learning is combined with the Spyro simulation software in an application that solves real problems and increases productivity.”

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