Circular economy principles are an ever-growing consideration within today’s society, with sustainability concepts such as material re-use and recycle having already been integrated into common practice. However, as technology is enhancing, a range of new sustainable endeavours are popping up within multiple industries worldwide. The circular economy has started making Read more…
The continual advancement of asset management technology has resulted in a wider range of available data to accurately analyse asset health. This data is used to engage in fault detection and diagnosis (FDD), a crucial part of asset optimisation. Faulted operation of systems often results in unnecessary resource expenditure, resulting Read more…
After proving the value of our SentientSystem solution for real-time asset optimisation in the power generation industry, we decided to adapt our digital twins services to the built environment. The built environment, involving: A high dependency on natural resources Complex and growing infrastructures Intensive energy consumption assets appeared to be Read more…
Technology is evolving in our society at a rate that is almost unimaginable. With the uprising of artificial intelligence, automated capabilities are drastically enhancing. Within the scope of asset optimisation, technological development is coming about quicker than we may think. To show you how, let’s take a look at the Read more…
With many organisations adopting a more sustainable outlook, the transition towards circular economy is becoming more than just an ideal. Circular economy models coincide with worldwide goals and policies. For example, the United Nation’s Sustainable Development Goals (SDGs) includes targets such as the ‘Climate Action’, ‘Life on Land’, ‘Decent Work Read more…
20 years ago, our founder, Don Sands, realised there was an enormous opportunity to reduce system inefficiencies by introducing model-based decision-making. Starting with the power generation industry, Synengco used digital twin modelling techniques and predictive analytics to improve asset efficiency. These assets can range in complexity and consequence from commercial Read more…
The circular economy model aims to maintain all resources at their highest value and has been rising in popularity as an alternative model to our current linear one. This model seeks to optimise the production and use of resources while minimising, and eventually nullifying, the amount of waste produced.