{"id":1229,"date":"2021-01-15T13:38:27","date_gmt":"2021-01-15T13:38:27","guid":{"rendered":"https:\/\/website.prod.unilu.spikeseed.cloud\/fr\/news\/where-theres-a-problem-theres-a-start-up-engineering-by-asets-lux\/"},"modified":"2021-01-15T13:38:27","modified_gmt":"2021-01-15T13:38:27","slug":"where-theres-a-problem-theres-a-start-up-engineering-by-asets-lux","status":"publish","type":"news","link":"https:\/\/www.uni.lu\/fr\/news\/where-theres-a-problem-theres-a-start-up-engineering-by-asets-lux\/","title":{"rendered":"Where there\u2019s a problem, there&rsquo;s a start-up: Engineering by ASETS-LUX"},"content":{"rendered":"<section class=\"wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\"><p>For over a century, the steel industry brought prosperity to Luxembourg and its population and left its mark on Luxembourg economy, society and landscapes. The knowledge and resources of this history provided a fertile ground for ambitious start-up ASETS-LUX to develop its cloud-based engineering simulations addressing the early stage engineering concerns of industrial plants.<\/p><p><a href=\"https:\/\/www.asetslux.com\/\" target=\"_blank\" title=\"\" rel=\"noopener\">ASETS-LUX<\/a> offers an innovative integrated design platform for plant engineering in the vertical areas of Oil &#038; Gas, Biodiesel, Power, Bio feed mass, Chemical, Food &#038; Beverage, Water Treatment, etc. The start-up, which obtained an <a href=\"https:\/\/www.fnr.lu\/results-2020-1-industrial-fellowships-call\/\" target=\"_blank\" title=\"\" rel=\"noopener\">FNR Industrial Fellowship grant<\/a>, aims to provide engineering firms with productive solutions to perform efficient design. Their platform enables higher competitiveness by enhancing early stage design productivity in the plant engineering sector.<\/p><p>\u201cThe prime constraint to efficient engineering is existing technology\u201d, explains founder Ashwini Oke. \u201cThere are several technology tools in the market, each addressing a different aspect of plant design. However, the success of plant engineering lies in effectively, meticulously connecting all the multidiscipline data, such as data from structural, mechanical, piping or process departments. This is currently still performed using human intervention and on paper. Companies are looking for ways to connect the silos technologies and so far, no significant improvement has occurred.\u201d<\/p><p>ASETS-LUX&rsquo;s answer to this is its <a href=\"https:\/\/www.aveva.com\/en\/products\/integrated-design-simulation-software-ids\/\" target=\"_blank\" title=\"\" rel=\"noopener\">Integrated Design Software (IDS)<\/a>. An end-to-end platform encompassing process, piping and structural design disciplines, with comprehensive functionality on one unified platform.<\/p><p>In October, ASETS-LUX stood out among 150 start-ups from around the world and reached the final round of <a href=\"https:\/\/www.startupluxembourg.com\/fit4start10\" target=\"_blank\" title=\"\" rel=\"noopener\">Fit4Start<\/a>, Luxembourg\u2019s start-up acceleration programme. ASETS-LUX is incubated within the <a href=\"https:\/\/wwwfr.uni.lu\/formations\/incubator_and_entrepreneurship_programme\/incubator\" target=\"_self\" title=\"\" rel=\"noopener\">University of Luxembourg Incubator<\/a> and is part of its <a href=\"https:\/\/wwwfr.uni.lu\/formations\/incubator_and_entrepreneurship_programme\/venture_mentoring_service\" target=\"_self\" title=\"\" rel=\"noopener\">Venture Mentoring Service<\/a> programme.<\/p><p>The start-up continues its technical collaborations with the University as well as with DLR (Deutsches Zentrum f\u00fcr Luft-und Raumfahrt). It is working with Prof. <a href=\"https:\/\/wwwfr.uni.lu\/recherche\/fstm\/doe\/members\/bernhard_peters\" target=\"_self\" title=\"\" rel=\"noopener\">Bernhard Peters<\/a> at the University and Dr. Simone Ancelotti, to develop state-of-the-art collaborative models that will benefit the industry.<\/p><p>ASETS-LUX is featured on the <a href=\"https:\/\/exchange.aveva.com\/integrated-design-simulation-software-ids\" target=\"_blank\" title=\"\" rel=\"noopener\">AVEVA Digital Exchange<\/a> and has a technology partnership with AVEVA, the market leader in plant modelling software. With a platform that is integrated as a plug-in to AVEVA\u2019s E3D suite, ASETS-LUX offers a truly integrated plant modelling, analysis and design experience. Furthermore, that enables the ready and extensive global installed base of E3D users, to access a simulation solution that is a logical extension of their familiar modelling environment.<\/p><p>In addition to the industrial fellowship, FNR has also granted ASETS-LUX with a <a href=\"https:\/\/www.fnr.lu\/results-2020-2-bridges-call\/\" target=\"_blank\" title=\"\" rel=\"noopener\">BRIDGES grant<\/a> to develop an easy and intuitive plug-and-play tool embedded inside ASETS-LUX&rsquo;s proprietary IDS 3d graphical interface technology that allows simultaneous analysis of the dynamic process behaviour i.e. combustion in conjunction with mechanical loads. An accurate prediction of the plant dynamics is easily integrated into the design and operations including detailed engineering addressing flexible operation due to intermittent renewable energy sources e.g. wind power and more recently hydrogen fuel technology. In particular, the latter is addressed by applying state-of-the-art optimisation tools. The project is a collaboration between ASETS-LUX, University of Luxembourg, Deutsches Zentrum f\u00fcr Luft- und Raumfahrt (DLR), Germany and UAB Enerstena, Lithuania. <\/p><\/div><\/section>","protected":false},"excerpt":{"rendered":"<p>For over a century, the steel industry brought prosperity to Luxembourg and its population and left its mark on Luxembourg economy, society and landscapes. The knowledge and resources of this history provided a fertile ground for ambitious start-up ASETS-LUX to develop its cloud-based engineering simulations addressing the early stage engineering concerns of industrial plants.<\/p>\n","protected":false},"author":0,"featured_media":0,"template":"","format":"standard","meta":{"featured_image_focal_point":[],"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false},"news-category":[6,7,3],"news-topic":[],"organisation":[25,238,226],"authorship":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Where there\u2019s a problem, there&#039;s a start-up: Engineering by ASETS-LUX - Universit\u00e9 du Luxembourg<\/title>\n<meta name=\"description\" content=\"For over a century, the steel industry brought prosperity to Luxembourg and its population and left its mark on Luxembourg economy, society and landscapes. 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