Thailand-based packaging solutions provider SCG Packaging has selected Aspen Mtell software to optimise operations and minimise unplanned downtime.
Developed by Aspen Technology, the Mtell software procures historical and real-time operational and maintenance data to identify defects before actual asset degradation or breakdowns.
The technology is capable of predicting future failures and suggesting detailed measures to resolve the issues.
SCG Packaging selected Aspen Mtell software through a competitive selection process after assessing various factors. It was selected on the basis of the speed of deployment, early detection of asset failures, and the ability to scale the solution system-wide.
The software was also found to trigger a smaller number of false alarms in the process.
SCG said: “Aspen Mtell software can predict degradation much earlier compared to competing software systems.
“With plans to deploy Aspen Mtell software company-wide, SCG becomes an early adopter of Industry 4.0 technologies by using predictive and prescriptive analytics for optimal maintenance.”
AspenTech Asia Pacific Sales and Operations senior vice-president Dr Filipe Soares-Pinto said: “We are pleased that SCG has selected Aspen Mtell software in pursuit of strategic digital transformation and achievement of operational excellence via advanced machine learning software.
“By mitigating unplanned downtime, the consumer-packaged goods industry can achieve increased profitability and maximise uptime via asset performance management.”
AspenTech focuses on delivering software solutions to support the optimisation of asset performance. The company designs its products for complex industrial environments to streamline asset design, operation and maintenance lifecycle.