Akselos and Worley have announced a new distributor deal which will see the international energy, chemical, and resources firm market, license, and distribute Akselos’ predictive digital twin technology.
The deal will apply to a range of companies worldwide, in sectors including energy, mining, environmental, and general industry.
Thomas Leurent, Chief Executive Officer for Akselos said: “We’re delighted to be partnering with a company of Worley’s heritage and expertise. Worley has worked on digital twins with some of the biggest names in energy and is constantly looking for new ways to innovate. Worley evaluates hundreds of new technologies each year and recognised Akselos’ game changing potential compared to conventional engineering simulation. With some of the world’s most complex engineering projects in their portfolio, Worley is a perfect fit for us.”
Dr Andrew Campbell, Advanced Analysis Managing Consultant for Worley’s Advisian consulting business said: “We have been extremely impressed with Akselos’ simulation and structural & mechanical digital twin technology. The software will provide improvements and optimise costs through the design, construction and operation of our customer’s assets. One area of strategic interest is optimising structures for offshore wind developments.”
Akselos’ structural digital twins are underpinned by an algorithm that’s 1,000 times faster than competing software, enabling unrivalled accuracy and real-time use, helping to enhance safety, reduce maintenance and operating costs and support asset life extension for offshore energy assets around the world. When integrated with sensors, Akselos’ structural simulation capabilities provide asset operators with a real-time overview of the condition of any large and complex asset, unlocking insights into future condition to improve inspection, maintenance, and repair.
Pushkar Rao, Global Head of Data Refinery for Worley Digital said, “Our new partnership with Akselos fits well within Worley’s digital offering. We are already using digital technology to help our customers optimise and capture value from their existing assets and new projects. We have extensive industry experience deploying cloud-based SaaS solutions and on-premises solutions, integrating Internet of Things (IoT) sensors and industrial control systems data at the edge.
“Our existing solutions combined with world’s fastest engineering simulation technology from Akselos will provide our customers with a powerful suite of SaaS products. We will be able to produce generative design models at unprecedented scale and speed. And provide IoT sensor integrated digital twins and simulation tools that are fast enough to recalibrate asset status in real time, all the time. This partnership is another step forward in the support we can offer our customers to help them accelerate their digital transformation journey.”
The announcement comes shortly after Akselos was named as a World Economic Forum Technology Pioneer. The award was in recognition of the company’s contribution to a new innovation curve that will accelerate the energy transition.