The Record - Issue 21: Summer 2021

125 AVEVA’s combined strengths are fuelling inno- vative breakthrough capabilities. Working side-by-side with Microsoft, AVEVA has templated its best practices and vertical solutions to become repeatable, scalable and adaptable, thereby enabling fast implementation and payback. Today, organisations deploying the combined AVEVA Energy Management and Performance solutions can reduce project implementation times by up to 60 per cent, when compared to bespoke implementations of intelligent operations. Can you tell us about AVEVA’s newly extended industrial cloud offer? In April, we announced new capabilities for the AVEVA Insight cloud solution. The enhanced offering delivers a powerful platform for oper- ational excellence where users of all levels of experience can now leverage the power of AI in the cloud. This advancement enables industrial companies to deploy fit-for-purpose analytics at scale and institutionalise outcomes within their end-to-end operational processes. AVEVA is redefining the predictive analyt- ics market through the intersection of AI and human insights. Combining intelligence with the digital twin enables customers to maximise profitability and drive risk out of their opera- tions, while reducing downtime by up to 25 per cent and maintenance costs by 30 per cent. AVEVA Insight now delivers self-service anomaly detection, with no programming required. It also enables more comprehensive analytics for in-depth analysis of operations and maintenance processes so that customers can take advantage of prescriptive actions, AI and machine learning across the enterprise. This enables distributed teams to collaborate with a single source of truth across the opera- tional landscape to optimise performance. What are the new features of the open platform? The open platform consolidates and enriches data from multiple sources for greater visibility and improved decision-making and eases the transi- tion from on-premises to cloud. New capabilities include expanded predictive analytics algorithms, pre-packaged asset libraries, enhanced reporting, enterprise asset management interface and pro- duction line modelling that enable the workforce to accelerate time to value and ensure safe and efficient execution of work. How has the pandemic evolved the software needs of industrial firms? The business drivers for digital transformation have evolved considerably since the onset of the pandemic. With remote teams requiring better context to supervise operations, collaborate and make decisions, there is a heightened need for better visualisation and contextual analysis of operating information across the enterprise. Cloud, industrial internet of things, AI and data analytics will drive real-time business out- comes such as efficiency, availability, sustaina- bility and profitability. The implementation of AI and machine learning in industrial operations alone will not transform businesses, so it is imperative that enterprises empower their people to help drive operational improvements in reliabil- ity, availability, consistency and sustainability. The connected workforce is now becoming the agent of change. As operations become more autonomous, it’s vital to ensure the reliability and safe operation of critical assets with min- imal supervision. MANU FAC TUR I NG & R E SOUR C E S