Some of the typical benefits of plant digitization based on our experience are :
Digitizing Plant Operations
While 50% – 60% of the gross margins of chemical plants depends on the cost of raw materials, digitizing plant operations and maintenance activities drive significant improvement across three dimensions of Asset Efficiency, Process Efficiency and HSSE and Compliance.
Digital Maturity Assessment Framework
At LTI, we believe that maximizing value from Digital investment is not just about implementing new technologies, but is the process of reimagining all aspects of plant operation through the lens of these technologies. Based on our experience, we have defined a Digital Maturity Baseline Framework that assess the state of plant operations across these key dimensions.