- November 26, 2019
November 26, 2019 - AVEVA, a specialist in industrial software, announced enhancements to its Value Chain Optimization offering to enable customers to eliminate information silos and integrate critical business processes across the operational value chain.
AVEVA’s Value Chain Optimization solution, in recent news, brings together software from across its portfolio that are intended to help operators and manufacturers manage their supply chain, operations and process optimization across key industries including Refining, Petrochemicals, Metals, Mining and Materials, Food and Beverage, Consumer Packaged Goods (CPG), Water and Wastewater.
Industrial operations have grown over the last 20 years with poor integration from a legacy of point solutions involving manual data transfer or custom software which has resulted in operational silos across the value chain. AVEVA’s strategy works to help organizations address these challenges and create a collaborative environment instead of business or process silos. In this way the operations lifecycle can be managed in a flexible and connected manner that brings transparency to the decision-making process across the value chain.
AVEVA’s Value Chain Optimization is already deployed by several multinational companies globally:
- Abu Dhabi National Oil Company (ADNOC) recently reported benefits of $60-100M USD from integrated production planning
- BP Plchas cut crude purchase decision time from two days to less than two hours
- New Belgium Brewing has decreased downtime by more than 50% and increased the efficiency of scheduled run time 25% - 30%
- Roy Hill worked closely with AVEVA to develop a greenfield iron ore mining site, connecting the entire value chain with industry leading efficiency from pit to port
AVEVA is a specialist in engineering and industrial software driving digital transformation across the entire asset and operations life cycle of capital-intensive industries. The company’s engineering, planning and operations, asset performance, and monitoring and control solutions deliver proven results to over 16,000 customers across the globe. Its customers are supported by the largest industrial software ecosystem, including 4,200 partners and 5,700 certified developers.