AVEVA expands collaboration with Microsoft
Published on : Tuesday 10-11-2020
To focus on cloud and AI to drive digital transformation in the manufacturing and energy industries.
Mumbai, November 10, 2020 – AVEVA, a global leader in engineering and industrial software, today 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 maximise 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.
Over the past few years, digital transformation has been changing the way the manufacturing and energy industries approach business sustainability while seeking robust technologies to run their operations efficiently. As the sector transitions to working differently in a digital-first new normal, AVEVA is collaborating with Microsoft to support its customer vison of creating profitable business outcomes that will enable them to thrive in today’s challenging macro environment. AVEVA may also explore opportunities to collaborate on environmental sustainability in the future.
AVEVA’s portfolio breadth, combined with Microsoft’s technology solutions, enables customers to deploy faster, reduce energy consumption, cut emissions, and share collaborative innovation, boosting efficiency for all. Unlocking new technology innovations and digital solutions like Azure AI services, such as Azure Cognitive Search, supports efficient energy management, successful workforce transformations, and helps realise process improvements.
Earlier this year, AVEVA became one of ten leading companies to collaborate with Microsoft to launch Microsoft Energy Core as part of a commitment towards capacity-building, empowering innovation, and driving prosperity and growth with a common goal to reshape the future of the energy industry and drive a positive impact in global communities.
In complex industries, integrating technology solutions has broad implications. With so much of the world’s economy becoming increasingly reliant on digital infrastructure, meeting the highest standards for these critical assets is vital to providing secure, safe and reliable critical services.
According to an AVEVA survey, 86% of organisations agree that digital transformation is a key component of their company’s strategic plan today. While almost all industrial companies know that cloud adoption is a key element of their digital transformation, a large portion did not have concrete plans to execute their cloud strategy before the pandemic. AVEVA is working with Microsoft to help customers explore new ways to leverage the value of cloud technologies as well as Azure AI, Azure Machine Learning and Big Data Analytics.
Steen Lomholt-Thomsen, Chief Revenue Officer at AVEVA, said, “With so much of the world’s economy becoming reliant on digitisation, meeting the highest standards for these critical deployments is no longer just a nice to have, it is an absolute necessity. The upshot of this pandemic is that it has forced entire sectors within industry to embrace innovative digital platforms available to facilitate a way of working that keeps both people connected and agile, and more importantly, safe. We are proud to be extending our relationship with Microsoft as we strive to make our joint contribution towards helping customers navigate the challenges and complexities that today’s volatile environment brings.”
Deb Cupp, CVP WW Enterprise & Commercial Industries at Microsoft, commented, “With today’s economic resilience now tied so closely to digital infrastructures, it is important the industrial organisations adopt a scalable, stable, and harmonised framework to support their corporate strategies. Cloud technologies like Microsoft Azure will enable businesses to configure, provision and design the solution they need, when and where they need it. Our collaboration with AVEVA will empower industrial and manufacturing organisations to develop innovative solutions for our customers.”