MARKET ANALYST INSIGHTS
A New Category of Optimization & Control Technology
Discover how Closed Loop AI Optimization is revolutionizing the refining industry, breaking 40-year-old paradigms, and gain actionable strategies to optimize your operations, reduce inefficiencies, and stay ahead of industry trends.
Peter’s talk gave the audience an exclusive preview into ARC’s 2024 Process Optimization and Control Market Study, and highlights the need for a new category in this closed loop world.
Closed Loop AI Optimization (AIO) joins heritage Advanced Process Control (APC) and Real Time Optimization (RTO) in this market study. It’s differentiated by its data-first approach, leveraging neural networks and approaches like reinforcement learning to break the traditional paradigm of closed loop control.
“We see Imubit’s use of Reinforcement Learning for real-time process optimization as unique and a strong differentiator in the market,” said Reynolds.
Speaker: Peter Reynolds, ARC Advisor Group, Analyst for Industrial Manufacturing