Aberdeen-based Aize AS is proud to announce the next development phase of the Performance Elements application. This development shall focus on three key areas, which are: advanced performance, machine learning, and production optimisation. This large-scale research and development project has been enabled with support from Scottish Enterprise, Scotland’s national economic development agency.
Aize is an industrial software company with its main headquarters located in Oslo, Norway and offices in Aberdeen, Scotland. Aize, part of Aker AS, was formed in 2020 with the vision of digitally revolutionising Project Execution and Operations in heavy-asset industries, particularly within the energy sector. Aize has grown significantly to meet this challenge and currently has 125 employees located around the globe. It also has plans to double the size of the workforce by the end of 2021.
Aize provides customers with flexible Software-as-a-Service solutions built on robust and reliable Digital Twin technology. Aize Operate is constructed from three core foundation applications, one of which is Performance Elements. This application monitors the condition, performance, and overall health of an asset, and informs the user to events that require additional monitoring or corrective actions. Performance Elements archives this by transferring data from the control system, combining with machine learning models, data from other sources such as, maintenance logs and product data, to allow subject matter experts to interpret and provide meaningful actionable insight back to the customer.
Head of low carbon transition at Scottish Enterprise Andy McDonald said: “Scottish Enterprise has a focus on supporting companies at every stage of growth and has worked with Aize over a number of years to support its technology development in the northeast of Scotland.
“The digital solutions developed by Aize will enable greater scales of efficiency throughout many industries and it is fantastic to learn that the company is looking to growth areas in offshore wind to take advantage of economic opportunities that will support a lower-carbon energy future.”
Senior Director and Performance Elements Product Owner at Aize, John Murray said, “First, we want to make a digital twin full simulation of the electrical system using a machine learning model. We’re using the electrical analysis model as a base when designing the electrical system before we run a machine learning model and can tune and train that model so that it can be run in real-time with real data. By comparing this model to what is happening in the actual electrical system, we’re able to detect potential problems in the electrical system and hence solve them before they become larger problems. The software will also allow us to update and improve the original analysis model.”
John Murray further explains that in terms of optimisation, Aize is working in areas of virtual flow metering. “We are however looking at using new techniques which have not been tested before, such as replacing the need for multiphase flowmeters with much cheaper instruments and virtual flow metering algorithms. Eventually, we shall look to new markets and new areas of use for this software, so that we can apply the work we have done within condition and performance monitoring, in both the offshore wind sector and other sectors that contribute positively regarding the reduction of carbon emissions.”
The award also signals Aize’s commitment to creating new jobs. With the funds received from the association, the company will be able to create 10 new jobs in Scotland, grow and contribute to new research and development across all industry sectors.
“The project is now kicked off and we’re hiring new positions with plans to scale up the team over the next 18 months. This funding will definitely contribute to creating a permanent team in the long term,” says John Murray