Top Transformation Champions: Making businesses more responsible and greener

Companies must partner to drive sustainability through co-innovation, complementary production across the value chain, and sharing best practices using the latest technologies. Today, technology and digitisation are crucial to achieving company success.

Advancements in modern digital technologies are helping industries operate better than ever, boosting value generation and business competitiveness as they decarbonise their operations. In an unpredictable business environment, enterprises are being forced to expedite the onboarding of solutions connected to data and automation to fulfil climate targets.

A new operational paradigm must be adopted to expand connected worker capabilities

AVEVA strives to ensure that its technological advances and offerings are responsible and sustainable. As part of the technology industry, the company can deploy solutions at scale and connect different organisations and initiatives through data. This helps in creating new insights that can be used to address and solve sustainability-related challenges.

To mitigate the current climate crisis, organisations must make maximum use of their existing technologies, as well as innovate to create new solutions that cater to international sustainability goals, too.

One of AVEVA’s objectives is to drive sustainability goals for customers and maximise their performance in the most environmentally efficient way. It believes that industries have a role to play in mitigating the climate crisis and the industrial software company recognises its role in monitoring its impact on the environment and regulating its carbon footprint.

Through its software, the company aims to help customers save up to 30% in energy costs and lower their emissions by up to 15%. Fuelling economies with clean energy and replacing coal, gas and oil-fired power stations with renewable energy sources such as wind or solar farms is another pivotal facet of AVEVA’s approach.

To cut carbon emissions, businesses must use energy more effectively and less frequently. Despite how simple it may seem, it can be increasingly challenging, particularly in the absence of reliable data. Artificial Intelligence, Big Data, and digital technologies have the potential to hasten the transformation of enterprises toward sustainability.

AVEVA has been instrumental in assisting companies to create energy-related roadmaps and solutions that can lower greenhouse gas emissions. The transition toward low-carbon energy is a growing market and a major business opportunity.

As an industrial software player, the company can help customers use digitalisation to build more resilient businesses and prepare to thrive in a low-carbon future.

The past few months have seen jet fuel consumption drop dramatically. However, the overall energy consumption has remained relatively stable and the electricity demand has grown. Electricity remains the most efficient way to distribute energy around the world. There is an acceleration of Industry 4.0 for energy distribution and energy supply chains, which in turn, is also accelerating the sustainability agenda.

AVEVA’s strong presence in the energy sector provides it with a significant opportunity to help accelerate the global transition to a lower-carbon energy system. From design to operations and analytics, industrial software has a crucial and significant role to play in the energy transition across many industries.

It is interesting to note that organisations are using AVEVA software for different aspects of the energy transition, including emissions reductions, carbon capture and storage. Businesses are also using it for advancing the hydrogen economy, optimisation of biofuel production, and supporting renewable energy generation, transmission and management.

Global biofuels leader, Neste has implemented the AVEVA Unified Supply Chain in the cloud, where the team manages model-building, and production planning in one digital space, allowing them to make quick decisions from anywhere in the world.

The production is optimised and Neste is on the path to achieving its target to become carbon neutral by 2035, as emissions are reduced from the conventional refining and production of renewable diesel with this solution.

Key takeaways

• Modern technologies are helping industries create value, become competitive, and decarbonise their operations.
• Solutions from AVEVA can help create new insights to address and solve sustainability-related challenges.
• AI and Big Data have the potential to hasten the transformation of enterprises toward sustainability.
• AVEVA aims to help organisations save up to 30% in energy costs and lower their emissions by up to 15%.