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Intelligence-as-a-Service Underpins the Connected Information Ecosystem

AVEVA opens its cloud-based platform to a growing group of external software partners while advancing its own digital transformation capabilities.

AVEVA World 2023 in San Francisco.
AVEVA World 2023 in San Francisco.

AVEVA CEO Caspar Herzberg (left) and chief product officer Rob McGreevy answer questions during a press conference at AVEVA World 2023.AVEVA CEO Caspar Herzberg (left) and chief product officer Rob McGreevy answer questions during a press conference at AVEVA World 2023.Industrial software provider AVEVA, known for its portfolio of products that help process-heavy industries with digital transformation, made several announcements during the AVEVA World 2023 event this week in San Francisco. The focus was on democratizing data that enables cross functional teams to deliver higher productivity with less waste.

At the center of it all is AVEVA’s cloud platform, called AVEVA Connect, that powers the company’s “Intelligence-as-a-Service” strategy. Here, there is an emphasis on integration within its own product suite in the areas of engineering, operations, and data management, along with an array of disparate applications from a growing partner ecosystem.

Specifically, innovations in the areas of visualization, digital twins, analytics, and artificial intelligence (AI) impact the company’s Unified Engineering and Operations Control products, as well as the traditional on-premise operational data management PI System that is moving into more of a hybrid model. These innovations build on the capabilities of AVEVA Data Hub, the cloud-native data management solution within Connect that enables organizations to aggregate, share, and analyze data with context across the connected ecosystems. 

“The most important question of our age is how to do more with less,” said AVEVA CEO Caspar Herzberg in his opening remarks at the AVEVA World general session, noting that if energy and manufacturing organizations don’t follow this path, they will not be sustainable, they will not make money, and they will not get business results while meeting strict government regulations. The only way to simultaneously make money while supporting sustainability efforts is to adopt digital transformation technologies, he said.

Most companies—regardless of industry—understand that digital transformation is a must. The problem is, most fail, Herzberg said, noting that only 30% of companies that engage in digital transformation are successful. The other 70% fall flat for one fundamental reason: “They don’t have the right IT and OT skills, and they build customization on top of customization.”

What manufacturers really need is a way to break down the software silos that exist within the organization, as well as across the supply chain, so that everyone is working from the same set of “trusted data,” which Herzberg defines as data in context in that the user knows exactly what it is and where it came from.

“We are building a new data infrastructure based on one industrial intelligence platform designed to empower you at every step of the design, build, operate, and optimize cycle,” Herzberg explained. “We’re bringing disparate software together to easily exchange data between them and seamlessly operate [whether it’s] put into the cloud native environment or on premise or hybrid. We are enabling the easy flow of trusted data between our solutions and the users all in one place.”

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