Sponsor Profile

Profile for:
Paragon Decision Technology (AIMMS) & PRINCEPS
Company Profile:
Profile:

Paragon Decision Technology and PRINCEPS are jointly sponsoring the "Refinery Summit 2012" because we believe that optimising the decision making process in the refining industry leads evidently to a higher Gross Profit Margin. The benefit of using optimisation technology is that it has direct impact on your bottom line because it gets the most value out of your assets. �The combination of technology, innovation capability and implementation skills brought by the two partners can significantly improve your processes and help people with change management.�Customers using the AIMMS optimisation technology are Shell, BP, Exxon Mobil, Petrobras, Repsol, Saudi Aramco, Total and Wood Mackenzie.

PRINCEPS is a consulting and software developing company, specialized in the applications of scientific management tools for industrial organizations. Our approach is based on the utilization of optimization and simulation technologies to solve complex planning and scheduling problems with a special focus on the Oil & Gas sector. Among our clients we have major oil corporations such as Total, BP and Saudi Aramco.

Key Products:
AIMMS, a unique mathematical optimisation platform to build planning, scheduling and optimisation solutions --- FLOWERS, Princeps smart scheduling toolbox, aims at making the scheduler�s life easier, through a large palette of advanced features --- OPTIMIX for multi-period blending optimisation is a software application part of the Princeps Planning & Scheduling Suite that enables the refinery schedulers to optimise product blending and realise higher value out of the available components --- COMPASS for crude oil blending and scheduling enables the refinery schedulers to formulate optimal crude oil blends, determine optimal cut-points and schedule crude transfers and crude runs in order to maximise the crude distillation units� throughput.
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