Beyond Limits recently announced the General Availability of a flagship product, LUMINAI Refinery Advisor – an AI for refinery cloud-based decision support software product that advises your operators on how to realize optimal refinery plans, guiding them to hit production planning targets while improving refinery operational and start-up dependability. Empower your operators to close the profitability gap in real-time, maximize efficiency, and operate closer to plan with this artificial intelligence-driven solution that captures the full refinery margin by upholding a holistic view of an entire site and making timely, transparent, and explainable recommendations.
“Only 40 percent of refiners delivered above-average returns over the past 10 years and 31 percent of the companies were negatively disrupted.” (Deloitte Insights)
“The addition of a symbolic AI approach, layered on top of conventional artificial intelligence methods, has been an invaluable technological advancement. Capturing and encoding domain knowledge, expertise, and best practices vastly reduces the amount of data necessary for AI applications to function effectively. The explainability factor that comes along with this approach establishes trust in the technology which has been invaluable for accelerating user adoption and configuration – as compared to long model training requirements for solutions that employ machine learning alone.” (Michael Krause, Senior Manager of AI Solutions)
The Society of Petroleum Engineers (SPE), a global industry organization, found that nearly 54% of its members are over 55 years old. 44% of Generation Y and 62% of Generation Z say a career in oil and gas is unappealing. (EY Global)