Increase Efficiency and Throughput, Reduce Waste by at least 15% with an Industrial AI software that puts operators in control of their data to make timely decisions.

With modest growth expectations in the global chemicals market and margins continuing to tighten, the chemicals industry is facing growing pressure to transform their operations. For example, ARC Advisory Group estimates that up to 5% of production is lost to unplanned downtime. What’s more, the cost of just three days of unplanned downtime can cost a plant more than $5 Million. Beyond their plant floor, the chemicals industry is also facing a sustainability challenge. According to the U.S. Energy Information Administration, the chemical industry

accounts for about 10% of global total final energy consumption and 7% of greenhouse gas emissions. The U.S. Environmental Protection Agency continues by estimating that the chemical industry has produced more than 800 million tons of greenhouse gas emissions since 2011.

There is a growing need for data-driven insights to control and improve process and asset utilization in the chemical sector. The good news is that most chemical companies have been capturing massive volumes of sensor data. In the next five years, IDC estimates that operational

data in the chemical sector will quadruple.

Today, engineers are using Canvass AI in their daily work for:

Troubleshooting and optimization: engineers gain value from all the associated data to understand the impact of other interconnected units, ambient and other conditions, etc.
Narrowing down and problem-solving: engineers eliminate noisy data and focus on the variables that matter, making large and complex problems that are difficult to analyze easier to solve.
Optimizing the supply chain: Connecting process data to supply chain data helps to streamline feedstock and energy to demand and make operations efficient.
Running efficient operations: Predicting disruptions helps engineers detect the problem early and keep the plant running efficiently
Improving plant reliability: Data-informed insights into process behaviors and asset health helps operators anticipate the cycles and plan ahead.

Why Leading Chemical Companies Trust Canvass AI Every Day To Achieve Their Goals:

Industrial AI Decision Platform - Canvass AI complements existing industrial technologies to augment established workflows and unlock more value from data faster.
AI Solutions to Close Knowledge Gaps - Pre-built AI solutions for Chemical Industry to analyze larger process areas and quickly narrow down problem size to deliver actionable insights that empower industrial teams to problem-solve faster.
Rapid Time to Value, Low Cost of Ownership - Supported by Canvass AI’s expert partners, Canvass AI’s easy-to-adopt solutions ensure fast and friction-free implementations that unlock the full value of AI.
Sustainable AI Journey - An intuitive user experience built for production teams empowers engineers to quickly extract value from data without requiring data science expertise.
AI for Data Lean Environments - Canvass AI’s Industrial AI technology can be applied to data-rich and data-lean environments. Requiring less data to learn, Canvass AI’s enables engineer expertise, data, and AI to collaborate, and build trust.
Trusted by Leading Industrials - Leading industrial companies across the globe trust Canvass AI to improve their day-to-day operations. We ensure your workforce is onboarded quickly and achieve their outcomes faster

Industrial AI Solutions for Chemical Industry - Canvass AI

avtor: Canvass Analytics Inc.