Overview

By targeting production and yield increases, as well as a reduction in energy consumption and other operating costs, effective real time optimisation (RTO) software can increase performance by up to 10%. As businesses align themselves towards the needs of the energy transition and a net zero future, RTO can offer tangible upside around improved operational efficiencies and reduced emissions footprints. This webinar gave an introduction to a new innovative model free, self-learning “autonomous agent” technology, enabling a simple, scalable and transparent optimisation solutions, fundamentally distinct from the status quo methods.

Traditional optimisation software tends to be “OEM closed” packages that can be more expensive, demand long lead-in times before implementation and are resource intensive. Deployed schemes also require high levels of ongoing maintenance, as an asset’s behaviour evolves and changes over time.

Ortomation’s approach works to greatly simplify RTO implementation, overcoming the hurdles that have habitually hindered its widespread application. As a result, return on investment is accelerated and improved.

Speaker

Paul Oram, CEO/Founder Ortomation Ltd

Paul is the founder and CEO of Ortomation Ltd, based in the UK, a company dedicated to making real-time optimisation, using their novel ORTO technology, pervasive across all processes and systems.

Paul has had thirty plus years working in operations, projects and central engineering for BP. He has extensive experience in designing, commissioning and maintaining process control and optimisation across chemical plants and oil & gas facilities.

Paul is also a visiting Professor at Imperial College and has taught process control and automation theory and practice to undergraduates and postgraduate students.

The material presented in this webinar has not been peer-reviewed. Any opinions are the presenter’s own and do not necessarily represent those of IChemE or the Process Management & Control Special Interest Group Special Interest Group. The information is given in good faith but without any liability on the part of IChemE.

Webinar Recording