FL-KBC
6.2.2017 22:32:09 CET | Business Wire | Press release
KBC Advanced Technologies (KBC), a wholly-owned subsidiary of Yokogawa Electric Corporation (TOKYO: 6841), is today pleased to announce the launch of the KBC Co-Pilot ProgramTM (“Co-Pilot”). Just as the co-pilot of an aircraft is there to assist the pilot with additional knowledge and to step in and help at times of intense activity, the KBC Co-Pilot is there to remotely support the plant with expertise and insight supplementing the plant’s own capabilities and resources, thus assuring that it achieves its full potential.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170206005385/en/
This is tangible evidence of the KBC Production Core™ vision, which entails automation of all aspects of production operations with integrated technology and consulting best practices that leverage the cloud. The KBC Co-Pilot Program will assure asset owners and operators that their simulation and planning tools are always up to date, and that the actions taken by their operators result in best possible process performance and safe operation of equipment within recognized limits now and into the future.
The KBC Co-Pilot Program is ideally suited to a process operation where one or more of the following is true:
- An inexperienced work force causes the operation to miss plan
- The plant is not confident that their operating plan is always realistic and achievable
- Engineers do not always have the tools and knowledge to maximize profit or reduce risk
- Operators do not always automatically know when they are deviating from plan
The value created and the risk mitigated from a KBC Co-Pilot Program will result in significant economic returns of between five (5) and ten (10) times that of the investment from a combination of increased throughput, higher value yields, improved plant reliability and lower operating costs.
KBC has recently integrated its operations with those of two other Yokogawa business units – Industrial Knowledge*1 and Soteica Visual Mesa*2 – to bring together all KBC Co-Pilot Program capabilities under one organization. The first KBC Co-Pilot solution is for the remote performance monitoring of oil refinery facilities such as crude distillation units, fluid catalytic crackers, and catalytic reformers. Key elements of this solution are:
- Real-time data connection to the plant using Web*Technician™ data-as-a-service
- Automatic recalibration of Petro-SIM™ rigorous simulation model against actual plant data
- Automatic LP vector updates from recalibrated model
- Regular health check of unit performance vs plan and vs potential
- Consulting and assistance to implement recommended changes
- Reset of baseline operating plan due to major changes in external impacts such as economics, demand, asset capabilities
A number of other KBC Co-Pilot Programs will be released shortly that focus on the likes of supply chain optimization, production optimization, energy management, operator effectiveness and automation. They will apply across all process operations including oil and gas production, oil refining, LNG and gas processing, petrochemicals, bulk and specialty chemicals and power generation.
“This is a particularly exciting time for us at KBC. We have always taken a holistic approach in harnessing people, processes, and technology to deliver a strong competitive advantage to our clients. We can now do this at a completely different and sustainable scale independent of time and location by combining KBC’s core technologies and expertise with Yokogawa’s automation technology and recent investments in KBC’s cloud-based technologies,” said Andy Howell, CEO at KBC. “Helping and empowering our clients to meet their business goals is KBC’s mission. With KBC Co-Pilot we are taking a real step closer to delivering to clients the true potential that the KBC Production Core holds. That is a great feeling.”
“The unique capabilities of the KBC Co-Pilot Program means for the first time, clients can be confident that the investments they make today will pay off instantly and be sustained for the long term,” said Simon Wright, Executive Vice President of IT and IIoT Services at KBC. “We have successfully provided real-time data as a cloud service for over 15 years as Industrial Evolution and we are now part of the enlarged KBC. Hundreds of the world’s leading process companies already connect to our Web*Technician service to share live process data with their partners to meet their business goals. We know how to navigate the new world of “cloud” in an industrial environment, how to securely and reliably manage client data, and how to apply it to knowledge-based systems and experts. This combination brings new value by giving our customers anytime and anywhere access to KBC technologies and consultants.”
*1 A Yokogawa business unit that provides cloud-based data-as-a-service
(DaaS) solutions that are based on technologies acquired from Industrial
Evolution, Inc.
*2 A leading energy management technology provider
About KBC:
KBC is a wholly-owned subsidiary of Yokogawa Electric Corporation. KBC is the leading technology-based consulting company to the process industries which creates and sustains value for clients by effectively converting their strategies into results through technical and commercial excellence under-pinned by engineering simulation and analytics. Thereafter KBC sustains performance through the implementation of winning operating models and best practices that are powered by cloud, manufacturing execution system (MES) and automation technologies. For more information, visit www.kbcat.com .
About Petro-SIM:
Petro-SIM is the world’s leading rigorous kinetic steady-state and dynamic process simulation and optimization software product. It is used for process design, rating operational improvement and production optimization.
About KBC’s Consulting Services:
KBC Consulting provides best-in-class solutions that deliver sustainable game changing performance to our clients – co-innovating with them to reach out and deliver the future. KBC’s consultants leverage leading edge technology, domain expertise, and sustainable workforce development to deliver manufacturing excellence and production-centered competitive advantages geared toward agility and operational discipline.
About Web*Technician:
Web*Technician is a cloud-based service that gathers real-time operating data from a live process and serves it to users and knowledge-based applications. Web*Technician is used by 14 of the top 15 oil and gas companies; and 11 of the top 15 chemical companies in the USA and Europe.
About Yokogawa:
Yokogawa's global network of 114 companies spans 59 countries. Founded in 1915, the US$3.7 billion company engages in cutting-edge research and innovation. Yokogawa is active in industrial automation and control (IA), test and measurement, and aviation and other businesses segments. The IA segment plays a vital role in a wide range of industries including oil, chemicals, natural gas, power, iron and steel, pulp and paper, pharmaceuticals, and food. For more information about Yokogawa, please visit www.yokogawa.com .
View source version on businesswire.com: http://www.businesswire.com/news/home/20170206005385/en/
Contact:
KBC Advanced Technologies
Simon Wright
EVP IT & IIoT Services
contactus@kbcat.com
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
The LYCRA Company to Successfully Complete Comprehensive Financial Restructuring20.5.2026 04:23:00 CEST | Press release
Company positioned for long-term growth, operational excellence, and continued customer-focused innovationWill emerge from financial restructuring with enhanced financial flexibility and significantly less debtNew ownership and Board of Directors committed to executing on vision to take the business to the next levelBruce Rubin appointed Executive Chairman and Dean Williams appointed Interim Chief Executive Officer The LYCRA Company, LLC (“the Company”), a global leader in developing fiber and technology solutions for the apparel and personal care industries, will successfully complete its comprehensive financial restructuring process and emerge from Chapter 11 protection on May 20, 2026. The LYCRA Company has established a durable capital structure that will enable the Company’s pursuit of its growth strategy through investment in innovation, customer partnerships, and global operations. The Company will emerge from its comprehensive restructuring process with significantly enhanced f
Johns Manville Announces John Vasuta as New CEO19.5.2026 22:30:00 CEST | Press release
Johns Manville (JM), a global building and specialty products manufacturer and a Berkshire Hathaway company, announced today that Bob Wamboldt will retire and John Vasuta will assume the role of President and Chief Executive Officer, effective August 1, 2026. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260519630814/en/ John Vasuta will become JM's CEO and President on August 1, 2026. Vasuta joined Johns Manville in 2019 as President of the company’s Engineered Products business. He also serves on the Board of Directors for EJ, a global leader and private manufacturer of infrastructure access products for water, sewer, utilities, drainage and telecommunications. “It’s an extraordinary privilege to step into the role of CEO,” Vasuta said. “I’m deeply honored to continue serving our customers and supporting the employees whose dedication makes our success possible.” Before joining JM, John held leadership roles at Bridgeston
Mereo Insurance Announces Move into Excess Casualty Insurance19.5.2026 22:12:00 CEST | Press release
Mereo expands into Excess Casualty Insurance by acquiring renewal rights to Everen Specialty Ltd.’s Excess Casualty Energy portfolio. Mereo Insurance Limited (“Mereo”) today announced a renewal rights transaction with Everen Specialty Ltd. (“ESL”), a member of the Everen Group, for ESL’s Excess Casualty Energy portfolio. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260519154915/en/ David Croom-Johnson, President & Chief Executive Officer of Mereo Insurance Limited Under the transaction, Mereo will become the insurance carrier on a go-forward basis for both new and renewed business effective June 1, 2026. ESL’s underwriting team and underwriting systems supporting the Excess Casualty Energy portfolio will also transition to Mereo, led by former ESL Chief Underwriting Officer, Carla Greaves. Under the terms of the agreement, Mereo will provide ESL insureds with continuity of coverage, access to AM Best “A- rated” paper, and
Grid Dynamics Launches AI-Native Modernization on Azure, Targeting Larger Enterprise Deals19.5.2026 22:05:00 CEST | Press release
Key Takeaways: New offerings target modernization of large enterprises running mission-critical, high-transaction-volume legacy environments. As a Microsoft Azure specialized partner with five advanced specializations, including Infra & Database Migration, Grid Dynamics’ clients will receive free deployment support through the Azure Accelerate program. Built on the GAIN (Grid Dynamics AI-Native) Platform for SDLC, which has delivered 30%+ productivity gains in our benchmarks. Grid Dynamics extends its AI delivery model to Azure, drawing on extensive expertise in application migration for Fortune 1000 companies. In the first quarter of 2026, AI represented 29% of the company’s revenue. This was up from 25% in 2025 and was driven by deployments across industry verticals, including Technology, Financial Services, CPG, and Manufacturing. Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics”), a premier AI transformation partner for the Fortune 1000, today announced an AI-native mode
Vultr Expands European Footprint with 33rd Cloud Data Center Region in Milan, Italy19.5.2026 17:28:00 CEST | Press release
New region strengthens Vultr's commitment to affordable, high-performance cloud infrastructure and Europe's thriving open source and AI ecosystem Vultr, the world’s largest privately-held cloud infrastructure company, today announces the launch of its 33rd global cloud data center region in Milan, coinciding with AI Week 2026 at Fiera Milano Rho, where over 700 international speakers will gather for Europe's largest AI event. Vultr is a platinum sponsor and is also co-hosting the AI Agent Olympics Hackathon with over 1,000 participants. Milan becomes Vultr's ninth European cloud data center region, joining Amsterdam, Frankfurt, London, Madrid, Manchester, Paris, Stockholm, and Warsaw. This launch represents the company's latest expansion of a global network reaching 90% of the world's population within 2–40 milliseconds. Vultr’s cloud data center location will be delivering Vultr’s full-stack AI infrastructure, including Vultr’s flagship cloud compute offering, VX1, in addition to Vult
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
