Advanced Digital Data Analytics: Leveraging the Digital Maze in the Energy Sector
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Advanced Digital Data Analytics: Leveraging the Digital Maze in the Energy Sector Course
Introduction:
Gaining an understanding of the interactive components of the energy system and their practical applications can lead to breakthroughs in industrial performance and revenue generation, removing barriers and fostering sustainable progress. Advanced digital data analytics emerges as a strategy to uncover patterns, establish relationships among explanatory features, conduct scenario testing for comprehensive decision-making, and provide foresight into energy functions.
This online training course focuses on the role of digital data analytics within the energy sector, aiming to enhance clarity, accuracy, and a holistic end-to-end understanding of the multiple co-evolving functions. Participants will acquire knowledge and skills in digital data analytics, enabling them to apply more advanced techniques to extract actionable insights from raw data. This includes uncovering previously overlooked relationships and trends, which hold the potential for unlocking improved technical, economic, health, safety, security, and environmental performance.
The course also provides practical guidance on the application of various types of data analytics, including descriptive, diagnostic, predictive, prescriptive, and cognitive approaches. By the end of the course, participants will be equipped with the tools and techniques necessary to effectively analyze data and derive valuable insights that were previously considered irrelevant or nonexistent.
Course Objectives:
By the end of this training course, the participants will be able to:
- Assess data analytics opportunities and decisions
- Realize the levels of Data Analytics
- Recognize the disruptive role of Data Analytics Revolution
- Understand digital data framework and workflow in the energy sector
- Apply operational and advanced analytics to business value
- Utilize the paradigm of “The Data is the Model”
Who Should Attend?
This training course is suitable for a wide range of professionals but will greatly benefit:
- Energy, Production, and Process Engineers
- Data and Information Analysts
- Professionals in Operation Monitoring and Control Centres
- Compliance and Operational Excellence Officers
- Senior Corporate Leaders, Managers, Department Heads, and Supervisors in the Energy and Power Sector
- Technologists and Researchers in the Energy Arena
- Professionals working in energy and power generation, industrial plants, and refineries
Course Outlines:
- Energy System Paradigm
- Data Revolution in the Energy Business
- Data Analytics Concepts and Techniques
- Operational Analytics: Descriptive and Diagnostic for Energy
- Advanced Analytics: Predictive, Prescriptive, and Cognitive for Energy
- Coexistence of Implicit & Explicit Physics Models
- Internet of Energy
- Moore’s Law
- Metcalf’s Law
- Energy Big Data Analytics
- Energy Plant Information Asset Analytics