AVEVA is working hard to illuminate what value digital transformation can bring to industries. 18 months on from completing its combination with Schneider Electric’s industrial software business, AVEVA is positioned as the first company in the engineering and industrial software market to comprehensively address the end-to-end digital transformation imperatives with an integrated portfolio of solutions.
AVEVA’s integrated portfolio capability harnesses the power of technologies such as artificial intelligence, extended reality, digital twin and cloud computing, coupled with the rich functionality of its industry leading applications. This capability enables companies to realise capital project efficiency, edge to enterprise visualisation, optimised value chains, safe and reliable operations, and a workforce empowered with actionable decision support.
AVEVA’s portfolio integration over the 18 months since the merger was based on its customer engagements across the oil and gas, chemicals, food and beverage, power, mining and smart infrastructure markets. AVEVA’s portfolio capability has been validated with real-life digital transformation imperatives across these segments and have already delivered measurable value.
AVEVA recently launched first-in-market integrated Engineering, Procurement and Construction Software solutions designed to help customers transform the way capital projects are engineered, executed and integrated into operations and maintenance. The integrated portfolio comprises three software solutions – AVEVA Unified Engineering, AVEVA Unified Project Execution and AVEVA Enterprise Learning, which changes the way that owner operators engage with EPC companies in designing, building, commissioning, and operating their capital assets.
AVEVA’s Asset Performance portfolio leverages existing data and applies advanced predictive and prescriptive analytics based on highly validated models of assets to help workers anticipate, spot and respond to operational problems, before they occur. Coupled with mixed reality enabled mobile workforce technology, customers can now reduce unplanned downtime, improve workforce safety and reduce business risk.
AVEVA’s portfolio provides a digital thread across the capital asset lifecycle and operational value chains, providing real-time access to relevant and useable information at every stage and enabling customers to automate actions and make more informed decisions that help to create new ways to deliver cost savings or production efficiencies, reduce risk and to maximise margins.
AVEVA has announced a unified operations centre – its command-and-control solution for infrastructure operators such as smart cities and facilities management, last month. The solution also caters to industries such as oil and gas and mining. Organisations such as the Abu Dhabi National Oil Company, Assmang Proprietary and the city of Atal Nagar in India have benefitted from the initial versions of AVEVA’s customised approach.
AVEVA has recently entered into the final phase of delivering cloud-based Enterprise Resource Management system for engineering services and consultancy firm Worley. The Australian-based company has selected AVEVA as its preferred materials management platform.
- AVEVA’s portfolio comprises: AVEVA Unified Engineering, AVEVA Unified Project Execution, AVEVA Enterprise Learning.
- AVEVA is positioned as first company in the engineering and industrial software market to address digital transformation.
- AVEVA’s integrated portfolio harnesses artificial intelligence, extended reality, digital twin and cloud computing.
- For a successful digitalisation, it is imperative that the entire C-suite of an organisation is on board.
- Business heads have responsibility to break down the walls between siloed processes to achieve a holistic digital ecosystem.
By Mohamad Awad, Vice President Middle East, Africa and Pakistan, AVEVA.