Good business sense dictates developing a sound business case for predictive asset analytics projects that aim to improve assets safety, reliability, and performance. A well-founded and substantiated business case presents the reasoning for initiating a predictive analytics project and communicates the information required to make reasonable business decisions regarding the proposed project scope, cost, benefits and risks throughout its development. This is the first step to ensuring a project is successful and meets the economic objectives and digital transformation strategies. The process starts with an idea and ends with a project that delivers the envisioned benefits.
Speaker
Esam Kharbat
Esam is a business leader with 30+ years experience in digital transformation and process automation systems for the oil and gas industry. As a Work Director at Saudi Aramco Facilities Planning Dept, he directs all technology capital investments in line with corporate business objectives. This includes capital project planning from concept development to project delivery and completion, business case evaluation & development, economic analysis, design basis, lifecycle extension strategies, master planning and investment strategies development. He is a Certified Automation Professional (CAP) and a member of several professional organizations including ISA, MESA, CQRM, SAVE and SPE.
Prior to joining Saudi Aramco, Esam worked at Aspen Technology as a regional director, co