By Dr. Claus Reimers – Chief Product & Technology Officer, Akselos.
Throughout my extensive experience – and decades of developing digital products for the asset management and asset optimization space, I’ve worked with, developed and explored various methods and technologies. But, when Akselos appeared on my radar I was stunned. Never had I seen something that was so distinctly different from what was already on the market.
The asset integrity and performance management market is overflowing with digital twins and broad solutions, all offering core functionalities that promise substantial operational enhancements. Despite their varied branding and specific features, these tools share a common goal: to digitally mirror physical assets and manage them efficiently.
What truly sets Akselos Structural Performance Management (SPM) software apart is its innovative physics-based simulations, which enable near real-time monitoring of asset integrity in operations, leading to improved reliability, reduced downtime, and lower operational costs.
Now, when written down, that sounds similar to what others are promising. But, here’s why it’s different.
SPM software provides a real-time view into structural asset integrity for operations
Akselos SPM is the only structural simulation software that can be used in day-to-day operations. Period. What Akselos has developed is a revolutionary approach to structural simulation that blends high-fidelity, physics-based modelling with numerical efficiency. Our physics-based algorithms represent a significant leap in computational speed, operating 1000 times faster than traditional Finite Element Analysis (FEA) models while simultaneously being able to capture 30 to 50x larger scales compared to legacy tools. This efficiency makes it suitable for operational use cases, allowing us to conduct simulations that incorporate operating conditions and provide significant value to our clients such as enhancing equipment flexibility and performance, ensuring uninterrupted operations and extending equipment life. Ultimately enabling our clients to safely operate their assets with the maximum output possible and for the longest time possible.
You can trust Akselos SPM because you trust the laws of physics. Our technology combines explainable, physics-based methodologies with the latest computational techniques to create a robust framework that complies with key industry standards like API and ASME. This compliance ensures our technology can be utilized for critical assessments, such as fitness-for-service (FFS) assessments. Not only does Akselos SPM software meet established engineering standards, but it frequently surpasses them, ensuring our innovations are not just groundbreaking but also secure and reliable.
SPM software boosts performance and longevity in oil and gas
Akselos is already playing a key role in advancing digital transformation within the downstream oil and gas sector, actively influencing the development of industry technology. We have leveraged physics-based simulations to create structural digital twins that far exceed those currently available on the market today. This enhances asset performance, ensures uninterrupted operations and extends asset life.
Our Structural Performance Management (SPM) software enables efficient real-time monitoring and predictive maintenance within daily refinery operations. Leveraging an open cloud architecture, Akselos SPM integrates seamlessly with existing infrastructure like IoT sensors and data historians. The web-based user interface allows users to access information and run simulations remotely, from anywhere on an asset, enhancing its relevance across various sectors and industries. Further demonstrating Akselos’ blend of connectivity, data integration and user-centred design makes it a leader in digital twin technology.
Akselos’ integration of physics-based simulation into the powerful SPM software is vital to the future success of the downstream oil and gas sector. By merging advanced simulations with high-fidelity physics-based modelling, this technology represents a significant leap in maintaining structural integrity and operational efficiency in complex facilities.
If you would like to find out more about Akselos’ offering, contact us here.