What is the Project?
Akselos is a global leader in Structural Performance Management (SPM) software, offering some of the world’s most advanced engineering simulation technology. Born out of innovative research at MIT and backed by the US Department of Defense, this project has been creating solutions that help companies manage the energy transition by designing and protecting critical assets with Digital Twin technology. Founded in 2012 and operating in Europe, the USA, and South East Asia, the company focuses on real-time, condition-based monitoring for assets in industries such as petrochemical production, offshore oil and gas, and wind power… The software stands out by combining patented algorithms with practical, on-site applications to extend the life of ageing assets and optimize design.
Main Benefit
- Advanced digital twin solution leveraging 15 years of research and proprietary algorithms.
- Designed for multiple industries: petrochemical production (refining, GTL, LNG), offshore oil platforms, FPSOs, and wind power installations.
- Globally operational with a proven track record since its foundation in 2012.
- Real-time, condition-based monitoring brings enhanced structural integrity and reliability.
- Innovative modules such as the new flange module help to secure site-wide structural health.
Digital Twin Technology
At the heart of the project lies its Digital Twin technology—a real-time simulation tool that captures and mirrors every aspect of an asset’s condition. This technology, using state-of-the-art engineering simulation, helps in reducing operating costs, extending asset life, and ensuring that design remains at the forefront of efficiency… The digital twin is not just about replicating the physical world, it’s about creating a dynamic environment where predictive insights drive maintenance and protection strategies.
Global Reach and Industries
Operating on a global scale, Akselos caters to some of the most critical sectors in the energy industry. The petrochemical production facilities, with branches in refining, GTL, and LNG, benefit from an increased efficiency and optimized performance. Offshore oil and gas efforts, including offshore oil platforms and FPSOs, see their operational reliability significantly enhanced. Lastly, the renewable energy sector, represented by wind power, leverages the digital twin technology to protect and streamline power generation processes… In an industry where every second matters, Akselos’s focus on global reach ensures that these benefits extend across various regions and applications.
Innovative Research and Development
Innovation is woven into the very fabric of the project. The sophisticated algorithms were developed over a span of 15 years of dedicated research and were honed at MIT—a testament to the rigorous scientific and engineering underpinning the software. With continued investments and follow-on funding aimed at accelerating the global scaling of its real-time structural performance management solutions, the project stands as a beacon of technological excellence… Its breakthrough advancements, including the recently launched flange module, are specifically engineered to enhance site-wide structural integrity, further proving that progress in research can lead to tangible, real-world benefits.
Industry Events and Resources
Attention to industry trends is also seen in the company’s engagement with key events. Notable upcoming events such as IOWTC 2025 in Toulon, France; ADIPEC 2025 in Abu Dhabi, UAE; Floating Offshore Wind Aberdeen 2025 in the United Kingdom; and ERTC 2025 in Cannes, France, all underscore the broad scope and ambition of the project. This kind of involvement highlights the company’s commitment to staying connected with advancements in the field while continually sharing their success stories, solution briefs, and informative webinars with their audience… The blend of real-world events and digital resources creates a comprehensive bevy of information that supports industry partners and stakeholders alike.
Project Impact
- SDG 7 – Affordable and Clean Energy: By enhancing energy infrastructure, the technology contributes to more efficient energy production and management.
- SDG 9 – Industry, Innovation, and Infrastructure: Continuous innovation in structural simulation bolsters critical infrastructure and drives industrial progress.
- SDG 11 – Sustainable Cities and Communities: Real-time monitoring and digital twin technology ensure that ageing assets continue to perform safely in densely populated regions.
- SDG 13 – Climate Action: Optimized asset management and lower operating costs help in reducing the overall environmental footprint.
Future Outlook
Looking ahead, the project is positioned to shape the future of infrastructure management. With a strong foundation rooted in cutting-edge science and a forward-thinking approach to digital transformation, Akselos’s solutions not only secure current assets but also pave the way for future advancements in engineering and technology… The journey of this innovative venture continues as it expands across global markets, engaging with industry leaders and partners to drive the evolution of structural performance management software. This forward momentum promises continued growth, a deeper integration of digital twin technology, and ever-improving standards for the protection and longevity of critical energy infrastructure.
