AI Specialist COAC to Lead Shell’s Smart Equipment Passport Initiative
In collaboration with Shell, COAC has implemented the Smart Equipment Passport (SEP), a solution to create digital identities of equipment that can be used to exchange information with internal and external users safely and securely.
Industrial companies face rising production costs, a skilled labor shortage, supply chain volatility, and insufficient data for sustainability and digital transformation. These challenges disadvantage brownfield sites globally. Modern technologies like AI and advanced analytics can boost efficiency and drive transformation.
“The digital transformation is ongoing, and many solutions are ready to use," commented Martin Prinz, Managing Director of COAC. "Many organizations are still hesitant to implement digital solutions or stronger automation and put the data to work because relevant information is not easily accessible. With Shell this is different, we are delighted to have a collaborator that is using advanced analytics and AI to improve efficiency and streamline processes.”
SEP uses AI and Analytics to collect relevant data for equipment enabling the digital transformation of sites and operations. The SEP system supports Shell in three different areas. The first, by contextualizing different data sources from Shell to create a single point of truth for equipment information. The second, by digitizing technical drawings such as piping and instrumentation diagrams to extract equipment types and generate data, thereby reducing manual effort by around 70%. And the third, through material tracking, using sensors on equipment so that the position of equipment at any time during construction and turnaround is available.
“Our digital innovation efforts focus on advanced AI solutions as well as the data required for our algorithms," added Hariharasudhan Ramani, General Manager Digital Innovation of Shell. "Implementing the Smart equipment passport is another important milestone in our effort to maintain a strong data foundations to progress in our digital journey.”
