White Paper

The Business Case For RefineryWise – Part 1

Source: AVEVA

By Stanley DeVries, Stuart Parker Ph.D., and Sree Hameed


Leading petroleum refineries are continuously pressured to achieve, sustain and then again reach the next level of performance. Schneider Electric RefineryWise™ (formerly known as the Integrated Refinery Information System or “IRIS”) is a proven solution that digitizes operations management business processes, accelerates the decision-making activity, and delivers far more trustworthy information. Revenue increases of at least 1% and cost reductions of at least 1% can be realized and sustained.