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robots & Automation

Robots & Automation in the oil, gas, chemicals, power and bulk industries can lower engineering hours, data interpretation time, time-to-market ratio, and maintenance costs, while increasing productivity, and driving improvements in efficiency, productivity and safety accross the board.

How we can help

1. Robotic Process Automation (RPA): RPA uses computer software or “robots” to perform repetitive, rules-based tasks to boost capabilities and save time. Examples include opening an email, downloading a spreadsheet attachment, and copying the data from the spreadsheet into an ERP system. It can automate traditionally manual, repetitive tasks, freeing up resources to focus on value-added activities. 2. Joint Venture (JV) Accounting: RPA automates the JV production accounting change process for oil & gas companies. It also provides the opportunity to automate the purchase order (PO)-generation process in support of JV arrangements. 3. Close Process Automation: Oil & gas companies that use RPA to automate the close process can expedite close time by 30-50 %, improve accuracy and auditability, and reduce the risk of human error. 4. Internet of Things (IoT): IoT is an ecosystem of interconnected smart devices that have sensors in them, capable of monitoring their environment. 5. Workload Automation (WLA): WLA are tools that can schedule or trigger the execution of tasks for increased punctuality and accuracy. 6. Process Mining: Process mining provides users with an “as-is” image of their processes so they know where their inefficiencies are, what steps can be automated, along with increased-productivity estimates. 7. Inspection and Maintenance: Robots are used for tasks such as surveys, material handling, inspection, repair and maintenance and can operate safely in environments that are dangerous for people.
benefits
1. Increased Efficiency: Automation can streamline processes, reducing the time and resources required to complete tasks. This can lead to significant cost savings and increased productivity. 2. Improved Accuracy: Automated systems can perform tasks with a high degree of precision, reducing the risk of human error. This can lead to improved product quality and consistency. 3. Enhanced Safety: Robots can perform tasks in hazardous environments, reducing the risk to human workers. This can lead to fewer workplace injuries and improved compliance with safety regulations. 4. 24/7 Operations: Robots and automated systems can operate around the clock without breaks, allowing for continuous production. 5. Data Collection and Analysis: Automated systems can collect and analyze large amounts of data quickly and accurately. This can provide valuable insights for decision-making and process optimization. 6. Reduced Downtime: With predictive maintenance capabilities, robots and automated systems can identify potential issues before they cause downtime. 7. Cost Savings: By reducing labor costs, improving efficiency, and minimizing errors, automation can lead to significant cost savings. 8. Environmental Impact: Automation can also help reduce the environmental impact of these industries by improving resource efficiency and reducing waste.
Overall, the use of robots and automation in these industries can lead to significant improvements in productivity, safety, efficiency, and sustainability.
Fox & Waterman, LLC Copyright © All rights reserved.
About Us
Fox & Waterman, LLC is an American professional services firm specializing in the process industry, specificallly oil & gas, conventional power & renewable energy, chemicals & pharmaceuticals, and bulk industries.
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Mailing Address 5765 Burke Center Parkway Burke, Virginia 22015 United States of America

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