The Business Case For RefineryWise – Part 1

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.