Akselos and Engineering services provider, COSMI group, have signed a three years Memorandum of Understanding (MoU) to bring Akselos’ breakthrough Digital Twin technology to the Italian market.
The establishment of this joint collaboration is seen as the right step at the right moment towards providing much added value to the so-called “Real Time Asset Integrity Management”, becoming Asset Integrity 4.0.
The emerging technology is being used in offshore industries to reduce operating costs and support asset life extensions.
Coupled with sensors, the structural simulation technology gives asset operators a clear understanding of the condition of large and complex assets in near real-time and offers insights into the future condition to improve inspection, maintenance and repairs.