Welcome to the third and final post in this popular series.
In the first post we introduced the four opportunities of agile asset management with digital twin technology.
In the second post we started to review those opportunities in detail and focused on increased efficiencies and the optimization of production.
In this post, we’ll look at another two opportunities: improved safety and contributions to corporate sustainability.
Improved safety
EMERGENCY RESPONSE TRAINING
Safety training is mandatory within some industries and may require equipment shut down and suspension of operations resulting in a drop in productivity of the facility associated with shutdown, disconnect, reconnect and restart activities. Emergency evacuation training may also pose unnecessary risks to some personnel, particularly on offshore facilities. These costs and impacts can be greatly reduced or eliminated by using a digital twin to support these training requirements.
How VEERUM DigitalTWIN supports and enables improved safety:
VEERUM enables remote emergency, evacuation and safety training within a digital twin by supporting their simulation in contextualized virtual reality. This eliminates the need for shutdown, disconnect, reconnect, and restarting equipment and activities along with their associated costs and impacts. The personnel are also removed from being exposed to unnecessary, high-hazard risks.
Corporate sustainability
Digital twins assist capital intensive industries in the achievement of a number of ESG goals[1]:
Environment
Responsible resource production and consumption is facilitated with the use of a digital twin. These reality sites enable simulations of what-it scenarios, maximize uptime, increase productivity and reduce time wastage. Digital twin reality sites contribute to reducing GHG emissions associated with building operations and construction. The monitoring and real time data provided by digital twins can also quickly flag equipment failures that could be resulting in environmental contamination, for example a methane gas leak due to a faulty connector. Social
By reducing site exposure risks and travel to site requirements, and enabling remote training and collaboration, digital twins contribute towards the achievement of the social goal of “good health and wellbeing”. Governance
Digital twins ingest, aggregate, unify and enable reporting on all asset data. This allows for traceability, ease of reporting and communication, and full transparency of historical and real time asset information assisting in the achievement of the governance goal “reporting transparency and accountability”. Digital twins also assist in minimizing security risks through providing the highest levels of cybersecurity and data privacy.
How VEERUM DigitalTWIN contributes to corporate sustainability goals:
Environmental - VEERUM is committed to contributing to a 20% overall reduction in CO2 emissions
Social - VEERUM is committed to managing safe, positive relationships with all our stakeholders and local communities by promoting safety on site, and reducing field exposure by over 50%
Governance - VEERUM has implemented meticulous standards for cybersecurity and data privacy including ISO 27001 and SOC 2 Type II certification.
For more industry specific use case cases:
Are you interested in learning more about digital transformation but not sure where to start? VEERUM’s team of industry experts can help. It’s time to harness technology to make data-informed decisions, prioritize the health and safety of our workers, and heighten organizational efficiency:
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