Sponsored by Hexagon
The Digital Power Plant of the Future
Whether you need to digitalize and transform operational systems and processes, accelerate your continuous improvement initiatives or protect your investment with state-of-the-art cybersecurity, Hexagon is here with a full suite of solutions to help you achieve operational excellence and deliver better insights.
chieve operational excellence and deliver better insights. There are countless opportunities to leverage descriptive, predictive and prescriptive analytics that drive effective decision-making in everything from evaluating alarms to improving HSE initiatives. Hexagon can help you discover how your data can work for you to make faster, safer, and smarter decisions for your power operations.
The digital power plant of the future represents a more resilient, reliable, agile and secure path forward for power and utility companies. The digital power plant concept emphasizes the optimization of key safety processes and operational procedures by developing a complete data ecosystem that brings together all areas of operations. This digital backbone connects professionals with actionable information and analysis that can optimize asset and workforce productivity. At the same time, it supports enhanced risk mitigation and supplies management with the data needed to develop effective strategies.
Understanding the digital power plant of the future: Empowering continuous improvement
Power plants must adjust if they are to align with a rapidly changing operational environment and remain viable. This means taking everything from regulatory updates and increased energy demand to functional inefficiencies into account, as current methods of operation for power plants leave much to be desired.
Power plants must adjust if they are to align with a rapidly changing operational environment and remain viable. This means taking everything from regulatory updates and increased energy demand to functional inefficiencies into account, as current methods of operation for power plants leave much to be desired. More specifically, businesses in the power generation industry can realize positive and transformative change in these four key areas through complete and effective digitalization:
Addressing emerging and continuing risks and pressures
Concerns like a lack of complete visibility into operations and an inability to develop proactive strategies based on predictive analytics have long created inefficiencies and negative outcomes for power plants and the teams who lead and operate them.
Security, HSE, operations, maintenance, energy efficiency and all other areas of power plant functions ultimately interconnect. Only a comprehensive data ecosystem and strategy for full digital transformation can provide complete access to all plant information and support continuous improvement.
Enabling a stronger power plant through digital transformation
Operational excellence — a journey wherein processes and workflows are regularly analyzed and improved upon to reach the best possible outcomes — depends on complete access to data and efficient pathways to transform it into actionable information and analysis. Digital transformation enables operational excellence by connecting all types of operational data, thereby creating a digital backbone for the organization and establishing a single source of truth for all activities related to review, analysis and strategy development.
Automation, sustainability, digitalized operations and more actionable data
By automating a variety of tasks and processes, the virtual power plant of the future saves valuable time that staff teams and individuals can allocate to more important tasks. Automation also makes it that much easier for data to flow into central repositories, ultimately enabling easier access to that information and the processes that turn it into action.
A sustainable business environment for leaders, staff and stakeholders
A digitally transformed power plant, one that thoroughly incorporates automation and unlocks actionable data across all its functions, supports an environment that fosters continuous improvement and operational excellence.
An agile and informed digital power plant of the future can also more seamlessly make the transition to using renewable power sources, which supports consumer preference and aligns with regulatory changes. Supplying end-users with inexpensive energy from reliable, plentiful, and renewable sources is a broadly positive strategy.
Beginning the digital transformation journey
Hexagon’s Asset Lifecycle Intelligence division offers digital solutions that are proven to support success in digital transformation efforts. We enable the enduring and successful change that is so critical for remaining competitive in an increasingly complex industry and optimizing plant operations through a culture of continuous improvement.
Learn how to build a culture of continuous improvement from the unlocked potential of your data through our expert strategies and solutions.