STATISTICA Process Optimization

Process Optimization

Screenshot of EPRI abstract page

Access the EPRI report detailing our technology’s optimization of a coal-fired power plant.

Oil and Gas industry operates with involved processes on all stages from well construction to production of the final product. Finding an optimal operation regime on each step is a key to cutting operation expenses and final product quality improvement. Each step from geological survey to production is accompanied by collection of huge amount of data. When analytics and optimization methods are applied to this data one can optimize production volume based on the well location, lower operation expenses by tuning well completion parameters, estimate ultimate production and risks associated with the process. Greenhouse gas and other environmental regulations also require process optimization on various stages with respect to emissions.

STATISTICA Solution

  • High performance analytic tools: STATISTICA provides users with a set of the most powerful analytical tools well suited to work with large amounts of data.
  • Quick and simple model building and reporting: Advanced models will allow to build accurate models, identify important factors.
  • Modern optimization methods: Optimization methods will help to identify optimal operating conditions, minimize operational expenses and reduce emissions
  • Increase collaboration between departments: STATISTICA Enterprisemetadata repository stores configurations and permissions for multiple users as relevant to their roles. In this multi-user collaborative environment, you can share data, improve churn models, and benefit from collaborative work whether you are working simultaneously with small or large groups.

INCLUDED Technologies

STATISTICA’s Solution for Process Optimization includes all of the analytics tools you need, including:

  • STATISTICA Decisioning Platform
  • STATISTICA Enterprise
  • STATISTICA Data Miner
  • STATISTICA Process Optimization
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About statsoftsa

StatSoft, Inc. was founded in 1984 and is now one of the largest global providers of analytic software worldwide. StatSoft is also the largest manufacturer of enterprise-wide quality control and improvement software systems in the world, and the only company capable of supporting its QC products worldwide, with wholly owned subsidiaries in all major markets (StatSoft has 23 full-service offices, on all continents), and its software is available in more than 10 languages.

Posted on August 6, 2013, in Uncategorized. Bookmark the permalink. Leave a comment.

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