Overview | ||||||
Supplier Slogan | Interfacing the Future | The Global Leader in Industrial Maintenance | ||||
HQ Location | France | Belgium | United States | Sweden | Austria | Israel |
Year Founded | 2000 | 2012 | 2012 | 1995 | 1968 | 1997 |
Company Type | Private | Private | Private | Private | Private | Private |
Stock Ticker | ||||||
Revenue | $10-100m | < $10m | < $10m | $10-100m | $100m-1b | < $10m |
Employees | 11 - 50 | 11 - 50 | 51 - 200 | 201 - 1,000 | 201 - 1,000 | 11 - 50 |
Website | Open website | Open website | Open website | Open website | Open website | Open website |
Company Description | PRINCEPS is an R&D intensive company. We have conducted a significant R&D effort in cooperation with academic organisations in Europe (PRINCEPS is the initiator and coordinator of several EU funded projects).
Strong with more than 15 years field experience through planning and scheduling projects worldwide, we have developed an innovative software suite which introduces a new paradigm in this domain.
Most importantly, PRINCEPS has developed over the years, a strong working partnership with its clients, which is at the foundation of its customer oriented culture.
The Oil industry is one of the pioneers in the widespread adoption of optimization techniques. The term “Refinery optimization” has consequently evolved to become a multi-faceted concept.
At an abstract level, refinery optimization is about getting the most from the existing assets; by extension, it can also refer to the most profitable investments in new equipment or new assets. This first distinction gives rise to 2 horizons of application to refinery optimization: long term, structural optimization, and short term operations optimization. Moreover, operations management itself can be addressed in a variety of ways, depending on whether the approach taken to refinery optimization is bottom-up, or top-down:
The top-down approach is based on hierarchical optimization: the refinery optimization problem is addressed as a succession of optimization problems of different time magnitudes and granularities. The first problem is a mid-term planning problem and is concerned with the refinery as a whole and a time frame of one to several months. Subsequently, the time frame is subdivided into finer time intervals. At the lowest level, the theoretical goal is to achieve operations scheduling on a day to day basis.
The bottom-up approach is one that starts with local problems and tries to aggregate them into a consistent solution at the refinery level.
In contrast to traditional bottom-up approaches – which attempt to build an overall solution by aggregating local solutions – we start by achieving a feasible, “good quality” overall solution using our smart simulation engine. Then, guided by the consistent overall solution, we seek to optimize local operational challenges.
Our innovative approach to refinery optimization takes account of 2 crucial facts:
- Day-to-day operations are subject to uncertainty,
- Regardless of the inherent formal difficulty of achieving an overall refinery schedule optimization, an overall optimized schedule is of little use.
This is simply because an overall solution achieved that way is inherently unstable: the slightest change or unforeseen event means that the whole schedule must be rebuilt. And given the huge amount of inertia in such a large system, any sudden change of trajectory consumes an equally huge amount of energy.
Under this pragmatic perspective, refinery optimization appears as the search for a maintainable globally feasible, locally optimized schedule. Optimization is applied to sub-systems where a high economic impact is achievable. | A dynamic company with extraordinary talented people working on internet-of-things platforms for smart industries and smart cities. We are in search of developers and project managers ready for a huge leap into the promising scale-up universe of Rombit. | Flutura is an AI Solutions company focused on improving two core business objectives of "Asset Uptime" and "Operational Efficiency". Flutura does this with Cerebra, their AI Platform tuned for IIOT in Oil & Gas, Process Manufacturing, and Heavy machinery manufacturing industries, powering connected asset and connected operations use cases. | Quant Service is a global leader in industrial maintenance. For over 25 years, we have been realizing the full potential of maintenance for our customers. From embedding superior safety practices and building a true maintenance culture, to optimizing maintenance cost and improving plant performance, our people make the difference. | Founded in Linz in 1968, KEBA today is an internationally active company that creates its success from technological innovations, the highest quality requirements, and the dynamism and enthusiasm of its employees.
KEBA works on new developments and industry solutions with the objective of creating sustainable competitive advantages for its customers.
The headquarters are in Linz, Austria. KEBA AG is represented by subsidiaries around the world. Part of the KEBA group are also the German company KEMAS, the Dutch company DELEM and the Chinese joint venture CBPM-KEBA.
In the fiscal year recently concluded (as of 03/31/2017) sales of € 193 million were earned. | Quality By Vision is a global leader in the development and manufacturing of Quality and Process Control systems for the metal packaging industry: can makers, can fillers and suppliers. Operating out of three facilities and multiple independent sales and service representatives around the world, we've got you covered no matter where you are. See our contact us page for a listing by country. |
IoT Solutions | PRINCEPS’ scheduling technology represents a technology leap through a variety of innovative features, such as:
- The capability to dynamically modify events during simulation, making a schedule self-adjust its events to the simulation results
- Schedules and models archiving and “versioning”, merge different branches from different users, or rolling back schedule changes as needed
- Smooth and continuous transition between model versions within the same schedule | At Rombit, we perform a complete analysis of your company's IT infrastructure. We enhance your capabilities using Internet of Things technology. And then we make it mobile.
We work from the bottom up. Our strength lies in our ability to work with what's already there. The key to optimizing your company structure, however, is to allow the various components to communicate with each other. This is where our web services come in. You will be more in touch with your enterprise then ever before. | Cerebra is an Artificial Intelligence Platform tuned for Industrial IoT, powering use-cases across asset and process heavy industries. Cerebra has the advanced capabilities to integrate physics, heuristics and Machine Learning based models to generate actionable business insights. Cerebra’s foundation platform, called Cerebra SignalStudioTM, features pre-built industry specific NanoAppsTM with a focus on three verticals across assets and process. | Optimized industry solutions
In the area of industrial automation, we have succeeded in combining standards with maximum flexibility – with the goal of offering optimized complete solutions (hardware & software) from a single source. By focusing on the plastics injection molding, robotics and packaging sectors, we are able to offer considerable advantages to our customers.
Cross-industry
solutions
Moreover, with innovative operating and visualization solutions as well as an open control platform, we are more than able to meet our customers’ requests for maximum customization and investment protection as well as fast time-to-market.
Partner in every phase of the project
Our experts offer the best-possible support during every phase of the machine life cycle. Maximum benefits and highest productivity have top priority here. That is our understanding of long-term and successful cooperation. | Machine Vision, Quality Control, Software, Image processing, SPC, 6-Sigma, Canning, Can Filling, Seaming, Quality Assurance, Inspection, and Detection | |
Key Customers | Bayernoil, BP, Total, Saudi Aramco | JADE, STIPARE, 4C Pack, Cornes Technologies | ||||
Subsidiary | ||||||
Parent Company | ||||||
IoT Snapshot | ||||||
Technologies | Functional Applications | Analytics & Modeling | ||||
Industries | Oil & Gas | Marine & ShippingOil & GasSecurity & Public Safety | Equipment & MachineryOil & GasRenewable Energy | ChemicalsFood & BeverageMetalsMiningOil & GasPaper & PulpUtilities | AutomotiveFinance & InsuranceRenewable Energy | Food & BeveragePackaging |
Use Cases | Process Control & Optimization | Process Control & OptimizationPerimeter Security & Access Control | Asset Lifecycle ManagementProcess Control & OptimizationPredictive Quality Analytics | Predictive MaintenanceProcess Control & Optimization | Process Control & OptimizationBuilding Energy ManagementFleet Management | Process Control & OptimizationVisual Quality Detection |
Functions | MaintenanceProcess Manufacturing | Discrete ManufacturingMaintenance | Logistics & Transportation | |||
Services | Data Science Services | System Integration | ||||
Technology Stack | ||||||
Infrastructure as a Service (IaaS) | None | None | None | None | None | None |
Platform as a Service (PaaS) | None | None | None | None | None | None |
Application Infrastructure & Middleware | None | None | None | None | None | None |
Analytics & Modeling | None | None | Minor | None | None | None |
Functional Applications | None | Minor | None | None | None | None |
Cybersecurity & Privacy | None | None | None | None | None | None |
Networks & Connectivity | None | None | None | None | None | None |
Processors & Edge Intelligence | None | None | None | None | None | None |
Sensors | None | None | None | None | None | None |
Automation & Control | None | None | None | None | None | None |
Robots | None | None | None | None | None | None |
Drones | None | None | None | None | None | None |
Wearables | None | None | None | None | None | None |
Actuators | None | None | None | None | None | None |
Other | None | None | None | None | None | None |
Similar Suppliers | ||||||
Similar Suppliers | ||||||
Partners | ||||||
Partners | Dell TechnologiesIntelHitachiSiemensMicrosoft Azure |
Overview | ||||||
Supplier Slogan | Interfacing the Future | The Global Leader in Industrial Maintenance | ||||
HQ Location | France | Belgium | United States | Sweden | Austria | Israel |
Year Founded | 2000 | 2012 | 2012 | 1995 | 1968 | 1997 |
Company Type | Private | Private | Private | Private | Private | Private |
Stock Ticker | ||||||
Revenue | $10-100m | < $10m | < $10m | $10-100m | $100m-1b | < $10m |
Employees | 11 - 50 | 11 - 50 | 51 - 200 | 201 - 1,000 | 201 - 1,000 | 11 - 50 |
Website | Open website | Open website | Open website | Open website | Open website | Open website |
Company Description | PRINCEPS is an R&D intensive company. We have conducted a significant R&D effort in cooperation with academic organisations in Europe (PRINCEPS is the initiator and coordinator of several EU funded projects).
Strong with more than 15 years field experience through planning and scheduling projects worldwide, we have developed an innovative software suite which introduces a new paradigm in this domain.
Most importantly, PRINCEPS has developed over the years, a strong working partnership with its clients, which is at the foundation of its customer oriented culture.
The Oil industry is one of the pioneers in the widespread adoption of optimization techniques. The term “Refinery optimization” has consequently evolved to become a multi-faceted concept.
At an abstract level, refinery optimization is about getting the most from the existing assets; by extension, it can also refer to the most profitable investments in new equipment or new assets. This first distinction gives rise to 2 horizons of application to refinery optimization: long term, structural optimization, and short term operations optimization. Moreover, operations management itself can be addressed in a variety of ways, depending on whether the approach taken to refinery optimization is bottom-up, or top-down:
The top-down approach is based on hierarchical optimization: the refinery optimization problem is addressed as a succession of optimization problems of different time magnitudes and granularities. The first problem is a mid-term planning problem and is concerned with the refinery as a whole and a time frame of one to several months. Subsequently, the time frame is subdivided into finer time intervals. At the lowest level, the theoretical goal is to achieve operations scheduling on a day to day basis.
The bottom-up approach is one that starts with local problems and tries to aggregate them into a consistent solution at the refinery level.
In contrast to traditional bottom-up approaches – which attempt to build an overall solution by aggregating local solutions – we start by achieving a feasible, “good quality” overall solution using our smart simulation engine. Then, guided by the consistent overall solution, we seek to optimize local operational challenges.
Our innovative approach to refinery optimization takes account of 2 crucial facts:
- Day-to-day operations are subject to uncertainty,
- Regardless of the inherent formal difficulty of achieving an overall refinery schedule optimization, an overall optimized schedule is of little use.
This is simply because an overall solution achieved that way is inherently unstable: the slightest change or unforeseen event means that the whole schedule must be rebuilt. And given the huge amount of inertia in such a large system, any sudden change of trajectory consumes an equally huge amount of energy.
Under this pragmatic perspective, refinery optimization appears as the search for a maintainable globally feasible, locally optimized schedule. Optimization is applied to sub-systems where a high economic impact is achievable. | A dynamic company with extraordinary talented people working on internet-of-things platforms for smart industries and smart cities. We are in search of developers and project managers ready for a huge leap into the promising scale-up universe of Rombit. | Flutura is an AI Solutions company focused on improving two core business objectives of "Asset Uptime" and "Operational Efficiency". Flutura does this with Cerebra, their AI Platform tuned for IIOT in Oil & Gas, Process Manufacturing, and Heavy machinery manufacturing industries, powering connected asset and connected operations use cases. | Quant Service is a global leader in industrial maintenance. For over 25 years, we have been realizing the full potential of maintenance for our customers. From embedding superior safety practices and building a true maintenance culture, to optimizing maintenance cost and improving plant performance, our people make the difference. | Founded in Linz in 1968, KEBA today is an internationally active company that creates its success from technological innovations, the highest quality requirements, and the dynamism and enthusiasm of its employees.
KEBA works on new developments and industry solutions with the objective of creating sustainable competitive advantages for its customers.
The headquarters are in Linz, Austria. KEBA AG is represented by subsidiaries around the world. Part of the KEBA group are also the German company KEMAS, the Dutch company DELEM and the Chinese joint venture CBPM-KEBA.
In the fiscal year recently concluded (as of 03/31/2017) sales of € 193 million were earned. | Quality By Vision is a global leader in the development and manufacturing of Quality and Process Control systems for the metal packaging industry: can makers, can fillers and suppliers. Operating out of three facilities and multiple independent sales and service representatives around the world, we've got you covered no matter where you are. See our contact us page for a listing by country. |
IoT Solutions | PRINCEPS’ scheduling technology represents a technology leap through a variety of innovative features, such as:
- The capability to dynamically modify events during simulation, making a schedule self-adjust its events to the simulation results
- Schedules and models archiving and “versioning”, merge different branches from different users, or rolling back schedule changes as needed
- Smooth and continuous transition between model versions within the same schedule | At Rombit, we perform a complete analysis of your company's IT infrastructure. We enhance your capabilities using Internet of Things technology. And then we make it mobile.
We work from the bottom up. Our strength lies in our ability to work with what's already there. The key to optimizing your company structure, however, is to allow the various components to communicate with each other. This is where our web services come in. You will be more in touch with your enterprise then ever before. | Cerebra is an Artificial Intelligence Platform tuned for Industrial IoT, powering use-cases across asset and process heavy industries. Cerebra has the advanced capabilities to integrate physics, heuristics and Machine Learning based models to generate actionable business insights. Cerebra’s foundation platform, called Cerebra SignalStudioTM, features pre-built industry specific NanoAppsTM with a focus on three verticals across assets and process. | Optimized industry solutions
In the area of industrial automation, we have succeeded in combining standards with maximum flexibility – with the goal of offering optimized complete solutions (hardware & software) from a single source. By focusing on the plastics injection molding, robotics and packaging sectors, we are able to offer considerable advantages to our customers.
Cross-industry
solutions
Moreover, with innovative operating and visualization solutions as well as an open control platform, we are more than able to meet our customers’ requests for maximum customization and investment protection as well as fast time-to-market.
Partner in every phase of the project
Our experts offer the best-possible support during every phase of the machine life cycle. Maximum benefits and highest productivity have top priority here. That is our understanding of long-term and successful cooperation. | Machine Vision, Quality Control, Software, Image processing, SPC, 6-Sigma, Canning, Can Filling, Seaming, Quality Assurance, Inspection, and Detection | |
Key Customers | Bayernoil, BP, Total, Saudi Aramco | JADE, STIPARE, 4C Pack, Cornes Technologies | ||||
Subsidiary | ||||||
Parent Company | ||||||
IoT Snapshot | ||||||
Technologies | Functional Applications | Analytics & Modeling | ||||
Industries | Oil & Gas | Marine & ShippingOil & GasSecurity & Public Safety | Equipment & MachineryOil & GasRenewable Energy | ChemicalsFood & BeverageMetalsMiningOil & GasPaper & PulpUtilities | AutomotiveFinance & InsuranceRenewable Energy | Food & BeveragePackaging |
Use Cases | Process Control & Optimization | Process Control & OptimizationPerimeter Security & Access Control | Asset Lifecycle ManagementProcess Control & OptimizationPredictive Quality Analytics | Predictive MaintenanceProcess Control & Optimization | Process Control & OptimizationBuilding Energy ManagementFleet Management | Process Control & OptimizationVisual Quality Detection |
Functions | MaintenanceProcess Manufacturing | Discrete ManufacturingMaintenance | Logistics & Transportation | |||
Services | Data Science Services | System Integration | ||||
Technology Stack | ||||||
Infrastructure as a Service (IaaS) | None | None | None | None | None | None |
Platform as a Service (PaaS) | None | None | None | None | None | None |
Application Infrastructure & Middleware | None | None | None | None | None | None |
Analytics & Modeling | None | None | Minor | None | None | None |
Functional Applications | None | Minor | None | None | None | None |
Cybersecurity & Privacy | None | None | None | None | None | None |
Networks & Connectivity | None | None | None | None | None | None |
Processors & Edge Intelligence | None | None | None | None | None | None |
Sensors | None | None | None | None | None | None |
Automation & Control | None | None | None | None | None | None |
Robots | None | None | None | None | None | None |
Drones | None | None | None | None | None | None |
Wearables | None | None | None | None | None | None |
Actuators | None | None | None | None | None | None |
Other | None | None | None | None | None | None |
Similar Suppliers | ||||||
Similar Suppliers | ||||||
Partners | ||||||
Partners | Dell TechnologiesIntelHitachiSiemensMicrosoft Azure |