Structural Performance Management (SPM) Software

2 Reviews
4 Followers
Deployed by 10 companies

Safely Operate Your Assets with Maximum Output for the Longest Time Possible with Akselos SPM

Page last modified
October 1 2024

Akselos is a global leader in Structural Performance Management (SPM). Our real-time structural digital twins enhance asset performance, ensure uninterrupted operations and extend asset life across the petrochemical and offshore oil & gas sector. Consequently, assets can operate safely, with the maximum output for the longest time possible.

Akselos brings a revolutionary approach to structural simulation by blending state of the art, high-fidelity, physics-based modeling with advanced artificial intelligence. This introduction of our groundbreaking and patented physics-based modeling sets new standards, enabling the use of high-fidelity structural models in real-time for operations use cases.

Our Structural Performance Management (SPM) Software is:

- 1000x faster than legacy physics-based models and therefore applicable for real-time operations use cases
- Compliant with major industry standards (e.g. API, ASME)
- Applicable for fitness for service (FFS) and risk-based inspection assessments in full conformance with engineering standards
- Accessible anytime, anywhere through a web-based user interface
 

Customer Testimonials:
 

“WE WILL NOW BE ABLE TO UNDERSTAND AND MANAGE OUR COKING AND OTHER REFINING ASSETS IN A WAY NEVER BEFORE IMAGINABLE, 
WHICH WILL STREAMLINE OUR PROCESSES AND HELP US DRIVE SHAREHOLDER VALUE.”

JAVIER MASCHERONI
REFINERY, RELIABILITY & MAINTENANCE MANAGER, PAN AMERICAN ENERGY
 

“WE ARE VERY EXCITED ABOUT THE NEW CAPABILITIES THAT AKSELOS BRINGS AND BELIEVE IT WILL CREATE A POSITIVE IMPACT 
ON THE WAY WE MANAGE STRUCTURAL INTEGRITY. AKSELOS IS A GREAT EXAMPLE OF DIGITALISATION COMING TO LIFE.”

ELOHOR AIBONI
ASSET MANAGER, SHELL BONGA 
 

Pros & Limitations
1
Run fully detailed global analysis of large-scale assets, based on real-life physical scenarios, in few seconds
1
Practically unlimited scalability to capture exact condition of an asset by incorporating real-life inspection data in the global model (e.g. cracks, corrosion, damage, fatigue regions)
1
Digital Twin calibration based on sensor and inspection data to allow integrity calculations based on real loads
1
Identify which exact component of your asset would fail, under thousands of different scenarios
1
Asset Life Extension through increased modelling accuracy and consideration of actual loading regime
1
Consider thousands of possible in-service conditions and scenarios to produce rich, physics based, predictive data sets for Machine Learning to fill gaps in data gathered from field operations and augment Digital Twins based on big data analytics.
1
Support for live asset monitoring and interpretation of sensor data
1
Asset-based license and cloud-based hosting to allow unrestricted deployment, seamless knowledge sharing and collaboration
1
Integration with asset management software
0
Focused on Structural Integrity but based on an open environment for integration to other simulation tools
Specification
Specification Title Specification Description
Accuracy
Highly accurate and detailed structural digital twins using new analysis technology that has been extensively validated based on peer-reviewed research and industry applications.
Areas of Application
Structural integrity of critical assets (floating and fixed offshore, hulls, topsides, subsea, downstream, Offshore Wind, etc.).
Asset life extension
Akselos allows higher fidelity modelling of geometry and loads removing conservative assumptions and extending fatigue life.
Capabilities
Static, Dynamic, Thermal and acoustic analysis. RB-FEA Solver 1000x faster than conventional structural simulation methods. Fracture Mechanics (J-Integral). Hybrid approach allows nonlinear materials, deformation and contact simulation.
Cloud platform
Cloud platform to support end-to-end process driving automated simulation, presented to all stakeholders through clear dashboards.
Compliance
Generate code checks based on relevant standards (e.g. Lloyd’s Register, DNV-GL, ABS).
Condition based maintenance
Akselos can calculate structural integrity based the real loads and real condition of an Asset which facilitated the optimisation of operations.
Digitisation
Akselos can be integrated with sensors to help interpret anomalous readings and predict structural problems before they occur.
Machine learning
Akselos can produce rich data sets of physics based data to fill gaps in operational data and enhance the predictive capabilities of digital twins based on big data analytics.
Speed
RB-FEA Solver 1000x faster than conventional structural simulation methods.

Reviews (2)

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Technology Readiness Level

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[7/9]

Development Technology demonstration Mature / Proven
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Akselos, born from over 15 years of MIT research, is on a mission to ensure the world's critical energy infrastructure operates safely and efficiently for as long as possible. Our Structural Performance Management (SPM) software, powered by advanced technology, provides real-time insights into asset integrity and performance, revolutionizing structural health monitoring. This enables the creation of structural digital twins that enhance asset performance, ensure uninterrupted operations, and extend asset life.

Trusted by industry leaders like Shell and Pan American Energy, our SPM software sets new industry standards, driving energy infrastructure towards greater reliability, efficiency, and adaptability to meet global demands.

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