AVEVA World Conference adds prescriptive analytics to APM portfolio

AVEVA World Conference adds prescriptive analytics to APM portfolio
AVEVA World Conference adds prescriptive analytics to APM portfolio

We show you our most important and recent visitors news details AVEVA World Conference adds prescriptive analytics to APM portfolio in the following article

Hind Al Soulia - Riyadh - By Samar Yahya

ABU DHABI — Craig Hayman, AVEVA CEO, said that AVEVA technology in infrastructure had helped National Water Company (NWC) of Saudi Arabia to boost efficiency with unified information that was held in different systems and AVEVA installed 1 million point system platform at NWC command center in Riyadh.

Also, in food and beverage, AVEVA‘s MES solution helped Almarai’s overall equipment efficiency. “We work with Saudi and a lot of their EPCs, they use our design tools to design manufactures, engineering facilities,” Hayman said.

Hayman was speaking to Saudi Gazette on AVEVA businesses in Saudi Arabia during AVEVA World Conference held in Abu Dhabi recently.

At the AVEVA World Conference, AVEVA announced the launch of AVEVA APM Assessment, a significant enhancement to its Asset Performance Management (APM) portfolio, AVEVA Asset Strategy Optimization and AVEVA Asset Strategy Library.

On data, Hayman said: “We are B2B business and not a consumer business so we do not deal with any data related to consumers in any way. We are working with data connected to valves and not to people. We give the customer the information about the used tools and how to be safe. Our customers’ data is their data; we do not own it and we do not access it.”

“With respect to Saudi Arabia, all our clients in Saudi Arabia have their own digital transformation journey and we are working with them in their journey. In addition to oil and gas, we also focus on food and beverage, smart cities which we are on board in different aspects with our experience,” Hayman added

On jobs and labor force in the industrial sector, Hayman stated that the sector has 95% of non- labor productivity improvement in the industrial sector. The new technology will be adding value to the present labor force and that technology helps people do their jobs with more data and information. It also helps them employees to operate safely and the equipment to operate more productively. It is different here than other sectors such as retail for example.

On AVEVA projects in UAE, AVEVA has created a suite of digital solutions ‘Panorama’, for ADNOC that connect departments across the board on one single platform. ADNOC Gas Processing is working with AVEVA using the predictive AI technology with prescriptive maintenance. Also AVEVA works with National Petroleum Construction Company (NPCC) in addition to over 150 clients in UAE.

“We value our strategic partnership with AVEVA, they set a very good example for what a good collaboration is, and the results that come from this are a game-changer for long-term equipment management and optimization,” commented Ahmed Mohamed Al Abri, vice president, engineering & technical services ADNOC Gas Processing.

Norbert Jung, VP product management ,addressed attendees on how AVEVA is helping customers transform their training programs to build actionable competence, improve worker performance and drive behavior change. He gave diverse global examples from Germany and Japan.

Jung talked to media on how billions of dollars are lost due to unplanned shutdown and that while 22% is due to process and 36% are due to equipment, 42% of the unscheduled plant shutdowns are due to operator error.

During AVEVA World Conference, AVEVA announced the launch of AVEVA APM Assessment, a significant enhancement to its Asset Performance Management (APM) portfolio, AVEVA Asset Strategy Optimization and AVEVA Asset Strategy Library.

During the conference AVEVA revealed global survey findings. The survey covered 1,240 decision makers in nine-industry sector.

The Middle East demonstrated less demand for AI 45% vs global mean 75% and Advanced Process and Engineering Design44% vs global mean 74% yet led global demand in five technologies, more than any other nation: 3D Visualization showed 59% vs global mean 27%, IoT/ Edge 56% vs global mean 30%, enterprise mobility 51% vs global mean 31%, model Simulations 50% vs global mean 25%, and laser scanning 41% vs global mean 21%.

The research also identified three key global investment priorities for organizations when it comes to embarking upon the digital transformation.

Making sense of data utilizing artificial intelligence and real time data visualization, the research highlighted a strong demand for technologies that provide predictive outputs from large data flows, with AI and Analytics listed as the most important enabler with 75%, 64% for Real-Time Data Visualization, 60% for Augmented, Virtual or Mixed Reality and Big Data Processing 59%.

AI was a top three enabler across all industries globally, with the greatest importance assigned in Power and Utilities with 81% and Oil & Gas 79% upstream and midstream 78%.

Fostering collaboration through Advanced Process and Engineering Design. Advanced Process and Engineering Design was the second most important technology (74%) and was in the top three technology priorities across all industries globally, scoring highest among Engineering, Procurement and Construction professionals.

Stepping up cyber security and safety capabilities: Cyber security was the third most prioritised technology enabler with 71% with a focus for Mining 76%, Downstream Oil and Gas 75%, Power & Utilities 70% and Marine 70% and the highest priority for Planning & Scheduling specialists.

By deploying these AVEVA solutions, organizations can predict asset failure and then prescribe the most economically advantageous action to take to remediate potential asset failures. For company directors, these tools mean doubling production output resulting in a safer, more reliable environment for the workforce.


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