Schedule a Call Back
Mumbai
AVEVA, a global leader in industrial software, driving digital transformation and sustainability, has announced recently of signing a partnership agreement with RIB Software (RIB), a global leader in digital technologies for construction, to enhance AVEVA’s Project Execution portfolio offering for process and plant industries.
This integration will extend the AVEVA Unified Project Execution solution to include new capabilities from the RIB MTWO platform such as enhanced estimation and project cost controls, more powerful dashboards and KPI monitoring, and optimised construction management with full Connected Worker capabilities in the Cloud.
Together with RIB, AVEVA will connect project teams and allow them to collaborate more effectively by bringing together the engineering, procurement and construction functions to deliver a true design to delivery solution. AVEVA and RIB have committed to further integration and expansion of the new platform that will bring together AVEVA Enterprise Resource Management and AVEVA Contract Risk Management with RIB’s iTWO and MTWO solutions that create a world leading end-to-end integrated, platform solution for multi-dimensional digital construction.
Benefits include advanced estimation and cost controls for more accurate bidding, enhanced project monitoring through 4D and 5D simulations, tighter project management, improved cash flow control, as well as a reduction of waste and optimized use of scarce resources for enhanced sustainability. The joint offering will help the industry further align to emerging best practices that rely on collaboration, such as advanced work packaging (AWP), integrated project delivery, strategic procurement and collaborative contracting.
Peter Herweck, CEO, AVEVA, said, “Data-led project intelligence drives real-time transparency and elevates enterprise-wide business performance by connecting teams with data and boosting collaboration. We are excited about the potential of incorporating RIB Software’s and AVEVA’s portfolio capabilities into a leading-edge digital project execution solution.â€Â
The enhanced AVEVA Unified Project Execution platform will help capital project customers to connect teams, visualize data and reduce project execution risk by using artificial intelligence (AI) and the Cloud to boost safety, efficiency, and sustainability.
Tom Wolf, Global Chairman and CEO, RIB Software, said, “We are excited to be working with AVEVA and helping them to extend their leadership in capital project execution for the process plant industries.â€Â
Amish Sabharwal, Executive Vice President, Engineering Business, AVEVA, added, “AVEVA and RIB Software are building on our successes in our respective domains to come together and offer a joint solution that will digitally transform how capital projects are executed. The next stage of our platform approach will accelerate existing gains from digital transformation to drive sustainable results for our customers.â€Â
In this interview with Rakesh Rao, Dr Arup Basu, MD, Greaves Cotton Ltd, highlights emerging trends in the Indian manufacturing sector and the company's plans for robust growth with minimum carbon f..
Read moreAdditionally, to address the increased temperatures of high-density workloads, Schneider Electric recently signed an agreement to acquire a majority stake in the Motivair Corporation, enhancing its ..
Read moreG3 Environmental’s businesses include Tee Environmental, Tee Recycling, and Envotek Engineering—companies renowned for their track record of excellence and robust client base in Singapore over ..
Read moreBlum-Novotest Measuring & Testing Technology Pvt Ltd offers a wide range of measurement software.
Graebert India Software Pvt Ltd offers OEM Cad Platforms. Build your own CAD solutions combining your specific features with the ready-to-use DWG-editing features of the ARES CAD Software. The fina Read more
System Controls Technology Solutions Pvt Ltd offers Embedded System Design And Development. With the expertise to handle the product lifecycle from concept to completion,embeded we offer customised Read more
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
Hi There!
Now get regular updates from IPF Magazine on WhatsApp!
Click on link below, message us with a simple hi, and SAVE our number
You will have subscribed to our Industrial News on Whatsapp! Enjoy
Schedule a Call Back