AVEVA and AWS Forge Strategic Partnership to Enhance Cloud-Based Industrial Intelligence

AVEVA and AWS Collaboration: A Leap Towards Cloud-Based Industrial Intelligence

In a significant new development in the world of industrial software, AVEVA, recognized as a leader in this field, has announced a strategic collaboration with Amazon Web Services (AWS). This partnership aims to bolster industrial intelligence through cloud technology over a multi-year period, establishing a framework that encourages joint technological advancements, effective market strategies, and customer transition support across global industries.

The Essence of the Collaboration

Under this collaboration, AVEVA is set to enhance its CONNECT industrial intelligence platform utilizing AWS infrastructure. This move underscores AVEVA's determination to expand its operations into a multi-cloud architecture. The integration of essential AWS services such as Amazon Bedrock and Elastic Compute Cloud (EC2) will allow AVEVA to roll out Software as a Service (SaaS) solutions tailored for industrial clients everywhere. This alignment seeks to expedite the transition to cloud-native operations while minimizing the complexities and expenses associated with on-premises systems.

Rob McGreevy, AVEVA's Chief Product Officer, articulated the immense potential of this partnership, highlighting the enormous value locked within operational data accumulated by industrial firms over decades. The ultimate goal here is to facilitate customers in transforming this data into actionable insights for enhancing their design processes, operational procedures, and ongoing optimization efforts.

Key Features of the Partnership

1. CONNECT on AWS: AVEVA will establish and manage the CONNECT platform directly on AWS's infrastructure. This initiative will provide public and private SaaS capabilities across a spectrum of industries, including energy, manufacturing, and life sciences.

2. AWS Marketplace Expansion: A significant portion of AVEVA's portfolio will be made available on the AWS Marketplace, enabling clients to procure AVEVA solutions via their existing AWS contracts, thereby simplifying their purchasing processes.

3. Joint Customer Migration Programs: AWS and AVEVA are partnering to aid businesses in transitioning AVEVA workloads to the AWS cloud, leveraging a network of qualified system integrator partners with expertise in deploying industrial software.

4. AI and Analytics Integration: The collaboration focuses on integrating AWS's artificial intelligence and machine learning solutions with AVEVA's data platforms. This integration aims to provide advanced predictive analytics and digital twin capabilities, empowering more informed decision-making in industrial operations.

5. Endorsed System Integrator Program: The two companies will jointly support a network of specialized system integrators who will facilitate the deployment, configuration, and maintenance of industrial software tailored to their clients’ needs.

Uwem Ukpong, AWS’s Vice President of Industries, expressed confidence in AVEVA's mission-critical software and domain expertise. He emphasized that this collaboration is poised to expedite the digital transformation journey for industrial companies worldwide, promoting cost efficiency and unlocking vital insights from operational data.

Operational Impact and Future Outlook

AVEVA's software already assists its clientele in monitoring and optimizing their energy consumption and processes across multifaceted industrial operations. Transitioning these capabilities to AWS will enable them to scale seamlessly, engage with broader enterprise data systems, and harness the benefits of cloud-native AI for improved operational efficiencies.

Currently, AVEVA's CONNECT platform manages over 8 petabytes of trusted industrial data, which includes diverse information types such as engineering and production datasets. With approximately 23,000 active monthly users consuming its services across more than 50 SaaS applications, the potential for growth remains significant. Moreover, the PI System, which represents AVEVA’s real-time operational data framework, is already employed by 65% of Fortune 500 companies, consolidating its position as an industry leader.

In conclusion, the collaborative effort between AVEVA and AWS marks a promising step towards integrating advanced industrial intelligence within cloud environments. By utilizing their combined strengths, both entities are set to foster a more intelligent and dynamic industrial landscape, ultimately helping companies achieve their operational and sustainability goals efficiently. Customers can anticipate a new era of operational insights with the transformative capabilities this partnership promises.