AVEVA World Magazine

AVEVA World Magazine 2015 #1

AVEVA World Magazine | Technology insights and customer successes with AVEVA software

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Confidence in Difficult Times As I write, the global economy flounders in a state of uncertainty. The oil price has collapsed, with the inevitable knock-on effects on every major industry and many national economies. But I see no grounds for gloom; like our customers, we have seen many boom-and-bust cycles mask the true underlying trends. That is why AVEVA continues to invest record amounts in its long-term technology development to support our customers' long-term aspirations. These have not changed; short-term projects may have been put on hold, but EPC order backlogs continue to grow. There is still strong underlying confidence. ADMA-OPCO is a case in point; they are investing heavily in the future of their facilities with AVEVA's Information Management technology, regardless of the short-term dip in oil prices. Worley Parsons, a partner on the project, discusses the business opportunities of laser-enabled revamps from an EPC perspective. Ariosh, a Houston-based EPC operating in West Africa, is also using laser scanning, along with AVEVA Everything 3D™ (AVEVA E3D™), as a key differentiator to drive growth. Atkins is using AVEVA E3D to give it a competitive advantage and to reduce costs in Western Australia. Our customers rely on us to enable them to adapt and develop, particularly in difficult market conditions. To continue to do this we are constantly working to offer new capabilities, so I am very pleased to be able to announce an exciting new acquisition that adds ProCon™, a best-in-class Risk Management solution, to the AVEVA portfolio. During volatile market conditions, risk control is more important than ever to keep costs down and minimise overruns. ProCon has an impressive track record in reducing project costs for many of our blue-chip customers, and perfectly complements our engineering, design and Information Management solutions. Delegates at the 2014 AVEVA World Summit in Berlin can also confirm our continuing commitment to product innovation as we showcased some of the industry's most exciting and advanced new technologies. Thanks to the generous support of Shell and Lundin Petroleum, who loaned us massively complex models of their Olympus and Edvard Grieg platforms, we were able to demonstrate the full potential of AVEVA E3D in the Cloud and of Project Voyager, which integrates photorealistic 3D visualisation with Information Management technology to create a completely new class of software product. It is a cliché to say that we 'wowed' the audience, but 'wow!' was exactly what we heard in almost every presentation. Our customers really want to get their hands on our new technologies; despite the economic turmoil, their uptake of AVEVA E3D has been well ahead of expectations. When times are tough, they want an edge; when times improve, they want to be ready to take advantage. So, while the headlines may be full of gloom and uncertainty, AVEVA World Magazine remains a beacon of justifiable optimism, for the global economy, for the engineering industries, and for all of us who depend on their products. Richard Longdon, Chief Executive AVEVA Group plc AVEVA World Magazine 2015 | Issue 1 p3

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