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Showing posts with the label 2018 at 11:18AM

Higher Return on Capital Employed (ROCE) in Oil & Gas Downstream Operations Part 3: Increasing Revenue

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Executives responsible for managing Oil & Gas downstream operations are being tasked to come up with new ways to either cut costs or generate higher revenues over the life of their process plants. Although many rely on rising crude oil prices to drive revenues, this is a short-term strategy that should be supplemented with longer term efficiency improvement initiatives. Many are investing in new technologies to help streamline operations but are having difficulty in assessing the business value of that technology. Measurements in revenue gains or cost savings should not only be scrutinized by assessing the value of individual technology components, but as an integrated whole. In this way a metric such as Return on Capital Employed (ROCE) can be used to identify how much the new technology is contributing to the value to the operation. ROCE represents the percentage return that a company makes over its invested capital, a measure of the profitability and value-creating potential ...

Delivering world-class medical technology to Nemours Children’s Hospital through an EcoXpert

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Nemours Children’s Hospital, a healthcare facility located in Orlando, Florida, provides care for children with all kinds of sicknesses. Families from over 70 different countries travel to the Nemours facility seeking outstanding pediatric care for their children. The hospital not only boasts top care but it also runs on world-class medical technology. Nemours’ medical technology Electricity in a hospital is essential, the hospital and patients depend on reliable electricity. Pure, continuous power provides staff, patients and parents a constant peace-of-mind that is necessary to maintain a successful recuperation environment. Therefore, it is critical that the power is reliable for equipment and medical technology to function 24/7. To meet this need, Nemours selected a team of four partners that developed a 3-tiered power system: critical power for operating theaters and essential medical devices; equipment power for AC, heat, and less critical medical equipment; and convenience p...