The document outlines the Industrial Modeling Service (IMS) provided by Industrial Gorithms, which aims to enhance existing process models and data through improved methodologies known as 'smart modeling.' It describes various techniques, such as steady-state detection, data reconciliation, composition tracking, and excess-model regression, designed to optimize decision-making in the process industries. The IMS is positioned as a critical tool for continuous improvement and sustainability in industrial applications, aligning with modern concepts of smart manufacturing and Industry 4.0.