A blowout preventer (BOP) is an expensive pressure control safety device used during drilling and completion of wells. Approximately 50% of the unplanned downtime for an offshore drilling rig is caused by the BOP. Providing a solution that improves the availability of a BOP will benefit the drilling process and safety. Transocean performed CPM of a BOP using an adaptive physics-based modeling approach with Simscape. They demonstrate its success on a BOP using data collected from the PI systems of an offshore drilling rig. In addition, they talk about approaches to radically shorten the process of operationalizing engineering analytics projects with the deployment capabilities of MATLAB.