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Akselos and Bilfinger partner to bring predictive digital twins to offshore and process industries

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September 4th 2019

Akselos and Industrial services provider Bilfinger have signed a Memorandum of Understanding (MoU) to bring Akselos’ breakthrough Digital Twin technology to Bilfinger’s customers in multiple industries.

The emerging technology is being used by operators in offshore industries to reduce operating costs and support asset life extension.  Coupled with sensors, the structural simulation technology gives asset operators a clear understanding of the condition of large and complex assets in near real time, and offers insights into future condition to improve inspection, maintenance and repairs.

“The partnership with Akselos enables us to expand our digitalization offering for industrial assets and deliver improved integrity assessment services to our customers”, says Tom Blades, Bilfinger CEO. “It makes it possible for us to extend the remaining lifetime of platforms and reduce maintenance costs while at the same time enhancing asset integrity and safety. As an integral part of our range of digital services, we thereby offer our customers a digital solution for their valuable complex assets combined with strong competences in engineering and asset integrity inspection.”

Combined with Bilfinger’s engineering and integrity inspection capabilities, Akselos’ next-generation Digital Twins will create a unique offering to customers in all of Billfinger’s core industries, with large and complex fixed and floating assets in the offshore industry an initial focus.

John Bell, Akselos SVP said: “Bilfinger’s interest in our technology is testament to the company’s commitment to digital transformation. The team is a leader in integrity inspection and is passionate about adopting technologies that will allow Bilfinger to continue leading the way. I look forward to working with the company to bring transformative change and value to its customers.”

Thomas Leurent, Akselos CEO, said: “Bilfinger’s reputation for efficiency and innovation makes the company an ideal partner for Akselos. We are very pleased to be working with such an experienced team of technical experts. Our technology, based on MIT-licensed algorithms, builds something far beyond the capability of a conventional Digital Twin. It allows operators to not only monitor an asset’s condition in real time, but helps them to foresee future failures.”

 

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