This week a team from Kairos Technology attended the Fourth International Workshop on Functional Modelling (IWFM) at DTU in Copenhagen, Denmark. Claus Myllerup, CTO, demonstrated a customer case story with potential of reducing annual production loss by 0.5% for the studied process unit (plant-wide potential was estimated to 2.5%) and presented learning points from MFM based Hazop of a complete gas terminal. Sharat Kumar Pathi presented Functional Modelling of Offshore Oil & Gas Water Injection System along with Morten Lind and Jing Wu. Our Managing Director, Bjarne André Asheim, is in the Advisory Committee for IWFM.
We are pleased to announce the first release of Kairos - Control Room Assistant today. We started developing the software in 2014, so we are very proud to release the first version of Kairos.
The control room assistant ensures real time decision support to the control room operators for improved situational awareness. Kairos combines deterministic modelling with deviation propagation and artificial intelligence.
We believe this software will improve the workday for control room operators with increased production efficiency and increased safety in process plants.