AVEVA demonstrates industrial information’s role in sustainable growth
Chemical

AVEVA demonstrates industrial information’s role in sustainable growth

AVEVA’s digital twin is uniquely able to capture engineering, operations and maintenance data to provide a holistic, integrated view across multiple use cases

  • By ICN Bureau | May 26, 2022

AVEVA shows  how information – contextualized industrial data – is fundamental to sustainable growth across the energy, manufacturing, and infrastructure sectors 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 analyze and contextualize 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 Peter Herweck, CEO, AVEVA.

Data is being created at exponential rates, as the adoption of digital technologies has accelerated, and businesses seek to become more efficient. About 50% 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% 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,” said Le Blanc. 

Sabharwal explained how the digital twin helps embed sustainability across industrial enterprises.

“The digital twin recreates a physical asset in digital form by capturing, organizing 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, reduce costs and resource use, and minimize 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,” said Sabharwal.

AVEVA recently further strengthened its digital twin software with a host of new features that make visualizing 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.

More than 1,500 delegates from around the world attended the four-day event in person, while an estimated 1,000 others interacted online. They were given an overview of new developments with industry-leading solutions including AVEVA Connect industrial cloud platform and AVEVA PI System operations information management. Learning labs offered hands-on technical practice in cloud and data environments.

Jacky Wright, Chief Digital Officer, Microsoft, talked about how data accelerates sustainability progress.

“A cloud-based, data-driven approach enabled us to assess, select and build new technologies, and reduce our scope 1, scope 2, and, ultimately, scope 3 emissions across our business,” said Kacky Wright at the Digital Agility and Resilience Panel.

She explained how data analytics has supported smart buildings, investment into renewable energy to power data centers, and driven strategic decisions to pay for the removal of 1.3 million metric tons of carbon dioxide from the atmosphere.

 

Michael Dean, Global Director - Power, Controls & Information System at Kellogg’s shared how the company’s platform investment has paid off in terms of scale, consistency, standardization and collaboration.


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