Prescriptive capabilities added to ‘AI-infused’ asset performance management

Industrial software specialist, Aveva, announced a significant enhancement to its Asset Performance Management (APM) portfolio, with the launch of Aveva APM Assessment, Asset Strategy Optimisation and Asset Strategy Library. 

This completes the integration of the recently acquired MaxGrip software solutions into Aveva’s APM Portfolio. As a result, customers are now able to realise greater levels of reliability, availability, safety and efficiency in operating their capital assets, and move from reactive and predictive maintenance to prescriptive maintenance.

Adding to Aveva’s preventive, condition-based and predictive software capabilities, the integrated solutions will enable the workforce to execute prescriptive guidance across engineering, operations and maintenance resulting in improved efficiency, safety and reliability.

“We have seen customer demand evolve from asset failure prediction to the need for integrated guidance and prescriptive actions. Aveva is the first vendor on the market to offer the portfolio breadth and domain expertise to help customers fully realise untapped value, gain control of their asset strategy and prescribe and execute the most efficient action,” comments Kim Custeau, VP of Asset Performance Management Aveva. “With this set of capabilities, we are redefining the scope of Asset Performance Management to deliver improved business outcomes for our customers.”

ADNOC Gas Processing is working with Aveva using predictive AI technology with prescriptive maintenance. “Aveva … 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 optimisation,” comments Ahmed Mohamed Al Abri, VP Engineering & Technical Services at ADNOC Gas Processing.

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