The Record - Issue 21: Summer 2021

56 I NT E R V I EW T he Intergovernmental Panel on Climate Change has warned that global greenhouse gas emissions must be halved by 2030 to prevent a climate catastrophe. Now that deadline is rapidly approaching, pressure is mounting for businesses to make a quantum leap in sustain- ability policy to achieve net-zero carbon emis- sions and other climate goals. “The coming years will be critical to the world’s success in staving off climate change and 2021 is the year for climate action,” says Peter Herweck, the new CEO of AVEVA. “The Covid-19 pan- demic has accelerated the trend towards sustain- ability by showing what could be possible if the world works together to create change. During the first half of 2020, greenhouse gas emissions fell by 17 per cent and people reaped the ben- efits of quieter skies and cleaner air and water. With that vision ahead of us, organisations are increas- ingly opting to build back better by implementing more sustainable paths that will develop a better future for us all.” Digital transformation is already revolutionising the way the industrial sector approaches sustainability. With the integration of OSIsoft, AVEVA has devel- oped the concept of ‘Performance Intelligence’ to explain how the combination of its industrial data management and its leading software port- folio can unlock success in today’s operating environment. Bringing together industrial software with a market-leading industrial data platform will ena- bleAVEVA to broaden anddeepen its relationships with customers and develop its ability to assist cus- tomers on their energy transition journeys. “Performance Intelligence has the potential to redefine how industries engineer, operate and innovate,” says Herweck. “It combines industrial data, artificial intelligence-infused analytics, the cloud and digital twin technologies to provide teams with broader and more accurate insights, simplify design processes, optimise operations, minimise energy use and maximise perfor- mance in real time. By doing this, Performance Intelligence increases energy efficiency, reduces waste and boosts circularity throughout engi- neering and operations.” This digitisation creates a tremendous amount of process, production and design data that can be input into a digital twin, where it is refined and infused with artificial intelligence and ana- lytics to generate new levels of Performance Intelligence. All this is then delivered through our integrated hybrid cloud portfolio to help customers achieve Performance Intelligence. “By pairing AVEVA’s end-to-end software portfolio and OSIsoft’s data-contextualising PI System, our customers can create a single digital thread that spans the entire life cycle – from pro- cess simulation and engineering design to project execution, operations control, value chain opti- misation and asset performance,” says Herweck. “Employees can use this rich, reliable data to visualise and manage all the essential processes Peter Herweck shares how AVEVA is helping organisations to harness the power of performance intelligence to build sustainable business models and help tackle climate change Protecting the planet BY R E B E CCA G I B SON “Performance Intelligence has the potential to redefine how industries engineer, operate and innovate”