AVEVA demonstrates industrial information’s key role in sustainable industrial growth

AVEVA showed how information is fundamental to sustainable growth across the energy sector while unveiling its product roadmap to industry leaders and partners at the AVEVA PI World conference in Amsterdam.

“Information-led innovation provides a proven and responsive pathway to industrial growth at a critical time when the business landscape has been reshaped by turbulence and risk. Business leaders face increased sustainability compliance requirements, retiring workforces, and the ever-present demand for efficiency, agility and resilience. Raw data in itself is not immediately useful or even understandable but when you analyse and contextualise it into insightful information, that’s when you can help the industrial world to innovate at scale on the road to a net-zero future,” said AVEVA CEO Peter Herweck.

Data is being created at exponential rates, as the adoption of digital technologies has accelerated, and businesses seek to become more efficient. About 50 percent of existing industrial data as of June 2021 was created in the two preceding years, a Statista study showed.

Also, at AVEVA PI World, Amish Sabharwal, AVEVA Executive Vice President for Engineering, and Gregg Le Blanc, AVEVA Senior Vice-President, Information Management, outlined the company’s integrated portfolio and elaborated on the product roadmap for 2022 and beyond.

“Approximately 68 percent of currently available enterprise data goes unused because it sits in organizational silos, yet more data is being created than ever before. AVEVA software enables data to be aggregated, transformed and shared within companies and with external partners, unlocking innovation at scale for all players within a new and connected industrial economy,” Le Blanc said. AVEVA Data Hub , a SaaS solution that was launched earlier this year on AVEVA Connect, the industrial cloud platform, provides data sharing capabilities enabling businesses to unlock operational efficiencies, increase sustainability, and drive digital transformation.

Sabharwal explained how the digital twin helps embed sustainability across industrial enterprises. “The digital twin recreates a physical asset in digital form by capturing, organising and contextualizing data in a quantifiable form. When these models are used to forecast future scenarios, they can predict potential problems and improve asset reliability, reducing costs and resource use, and minimise carbon emissions. AVEVA’s digital twin is uniquely able to capture engineering, operations and maintenance data to provide a holistic, integrated view across multiple use cases,” Sabharwal said.

AVEVA recently further strengthened its digital twin software with a host of new features that make visualising asset information with real-time data faster and easier than ever. With AVEVA Point Cloud Manager and AVEVA Asset Information Management, as well as new 3D wearable scanning and advanced document management, AVEVA customers can now experience a complete digital twin within just 60 days.