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Prescriptive capabilities added to 'AI-infused' asset performance management - The EE

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Industrial software specialist, Aveva, announced a significant enhancement to its Asset Performance Management (APM) portfolio, with the launch of Aveva APM Assessment, Asset Strategy Optimisation and Asset Strategy Library. This completes the integration of the recently acquired MaxGrip software solutions into Aveva's APM Portfolio. As a result, customers are now able to realise greater levels of reliability, availability, safety and efficiency in operating their capital assets, and move from reactive and predictive maintenance to prescriptive maintenance. Adding to Aveva's preventive, condition-based and predictive software capabilities, the integrated solutions will enable the workforce to execute prescriptive guidance across engineering, operations and maintenance resulting in improved efficiency, safety and reliability. "We have seen customer demand evolve from asset failure prediction to the need for integrated guidance and prescriptive actions. Aveva is the first vendor on the market to offer the portfolio breadth and domain expertise to help customers fully realise untapped value, gain control of their asset strategy and prescribe and execute the most efficient action," comments Kim Custeau, VP of Asset Performance Management Aveva.


AVEVA in collaboration with Microsoft to focus cloud and AI to drive digital transformation

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AVEVA, a global leader in engineering and industrial software, announced that it will be extending its long-standing strategic collaboration with Microsoft to focus on accelerating digital transformation in the industrial sector. AVEVA will help maximize the value that customers can derive from the integration of AVEVA's portfolio with Microsoft cloud services and especially Microsoft Azure (infrastructure, data and AI services), helping them achieve implementations quicker, connect teams more readily and drive growth opportunities throughout their integrated portfolio. AVEVA's key focus areas will revolve around cloud as well as transforming the workforce (connected worker), and building a common Asset Strategy (Asset Performance). Working with Microsoft, AVEVA will continue to focus on three key areas, already proven with customers including Total, Veolia and SCG Chemicals - platform integration, a multi-solution engagement approach, and a shared go-to-market strategy. The platform integration approach can help generate new ways to increase business value for customers.


Digital transformation: Unlocking digital super powers

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The productivity and efficiency of industrial processes can be seen in terms of cause and effect, requiring investment to meet key performance indicators. In the Middle East and North Africa (Mena) region, this is particularly important since industrial environments such as oil and gas involve high capital expenditure. Digital transformation and real-time process optimisation ensure the highest-possible efficiencies for existing equipment, without adding much to investment costs. Tools to monitor, interpret and analyse in real-time are key. Digitisation has already had a positive impact in the Mena region, especially in sectors such as banking and retail.


AVEVA launches predictive artificial intelligence app

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AVEVA, a global leader in engineering and industrial software, has today announced the launch of the AVEVA Insight OMI app, a first in the industry to infuse real-time artificial intelligence into an operator's decision-making as well as improve overall operational agility. The smart app provides industrial businesses with an accelerated path toward implementing artificial intelligence in the control room or on the plant floor, presenting real-time anomaly detection in a context-aware OMI visualization display. It will benefit operators, engineers, and operations managers from various industries including Water and Wastewater, Energy, Food & Beverage amongst others. The AVEVA Insight OMI app introduces AI capabilities into the AVEVA System Platform, formerly Wonderware, and leverages predictive early warning and automatic detection of unusual operational behavior. This provides users with early notification so they can quickly resolve issues before they become critical business problems such as unplanned downtime and production losses.


AVEVA introduces a smart app embedded with AI

#artificialintelligence

AVEVA has announced the launch of the AVEVA Insight OMI app, a first in the industry to infuse real-time artificial intelligence into an operator's decision-making as well as improve overall operational agility. The smart app provides industrial businesses with an accelerated path toward implementing artificial intelligence in the control room or on the plant floor, presenting real-time anomaly detection in a context-aware OMI visualisation display. It will benefit operators, engineers, and operations managers from various industries including Water and Energy. The AVEVA Insight OMI app introduces AI capabilities into the AVEVA System Platform, formerly Wonderware, and leverages predictive early warning and automatic detection of unusual operational behaviour. This provides users with early notification so they can quickly resolve issues before they become critical business problems such as unplanned downtime and production losses.