AVEVA and OSIsoft team up to digitally transform industrial enterprises

By Shilpa Annie Joseph, Trainee Reporter
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AVEVA
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AVEVA, the global leader in engineering and industrial software, has partnered with US-based software company OSIsoft to help industrial businesses fulfill their growing information management needs and accelerate their digital transformation.

The combined portfolio brings OSIsoft’s world-class data management with AVEVA’s leading industrial software to unlock Performance Intelligence.

Providing greater operational agility and resilience, Performance Intelligence combines information and artificial intelligence (AI) with human intuition to allow faster and more precise decision making, helping industries boost sustainability.

Craig Hayman
Craig Hayman
CEO – AVEVA

“Together, we’re redefining the capabilities of industrial software. Through Performance Intelligence, we can see worlds of data from bold new angles, and inspire a better understanding of complex value chains, to boost performance and drive sustainability. The combined impact of AVEVA and OSIsoft will enable our customers to manage complex industries more efficiently. Our expanded capabilities elevate AVEVA’s commitment to delivering operational agility that turns opportunity into business value for our customers. With Performance Intelligence, we can confidently say that AVEVA is paving the way to become the industrial software and data leader, heralding the start of an exciting new chapter for the industrial software market.”

Phil Aiken AM, Chairman, AVEVA Group, said, “‘AVEVA’s sustained performance and growth has laid the groundwork that enables the acquisition of a market leader such as OSIsoft. Our joint portfolio of offerings and potential new capabilities will help deliver AVEVA’s long-term strategy for growth and market leadership in industrial software and information management by accelerating the solid growth trajectory and continuing to help customers on their digitalization journeys.”

“We stand in awe of the innovation of our customers – the people who operate our society’s essential industries – who use our technology every day to improve performance, protect health and safety, keep the lights on and make the world run more smoothly. They have inspired us to join forces with AVEVA so that we can broaden our scope and increase the value we can bring to their important work,” commented Dr. J Patrick Kennedy, Founder at OSIsoft.

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