Gulf Oil and Gas accountACCOUNT

AVEVA to Acquire MaxGrip’s Software Assets

Source: www.gulfoilandgas.com 4/5/2019, Location: Europe

AVEVA, a global leader in engineering and industrial software, announced a significant addition to its comprehensive Asset Performance Management (APM) portfolio with the acquisition of the software assets of MaxGrip, subject to approval from MaxGrip’s shareholders. MaxGrip, an AVEVA partner since 2017, is a pioneer in optimising asset performance with Reliability Centered Maintenance (RCM) solutions.

AVEVA’s Asset Performance Management (APM) offering is a key element of the company’s unique portfolio of asset life cycle solutions enabling digital transformation for its customers. It addresses the broadest dimensions of asset performance management through the use of design and engineering information, real-time and historical operational data, and maintenance execution workflows, together with model-based machine learning for predictive asset analytics, and augmented reality to ensure safe and efficient maintenance activities in the field.

MaxGrip’s software and extensive asset library enables customers to define and implement comprehensive RCM strategies based on asset criticality and risk. The libraries encompass over 900 critical asset types with failure causes and conditions and proven maintenance remediations. This represents over 20 years of rich experience in end markets that map closely to the sectors AVEVA serves, with implementations in the oil and gas, chemicals, infrastructure, utilities, food & beverage and water & wastewater industries.

The combination of AVEVA’s portfolio with the capabilities of MaxGrip enables customers to realise high levels of reliability, availability, safety and efficiency in the operations of their capital assets and closes the loop on managing fault scenarios with prescribed remediation actions based on best practices, moving from reactive and predictive maintenance to prescriptive maintenance.

“AVEVA has leveraged the digital twin and advanced asset visualisation capabilities to completely change the way people, processes and technology interact,” said Kim Custeau, Vice President, Asset Performance Management at AVEVA. “Combining our strengths in engineering and real-time data coupled with the power of MaxGrip software will enable customers to design for reliability, in a way that no other solution in the industry can offer today.”

"We have worked for many years together with AVEVA to bring innovative APM technology into customers’ operational facilities where they quickly realise quantifiable business value.”, said Jakob Boelens, CEO of MaxGrip.

Software >>

Software News in United Kingdom >>

Singapore >>  11/11/2019 - SKF has completed the acquisition of Form Automation Solutions (FAS), a US-based software development start-up company. ...
United States >>  10/28/2019 - Halliburton Company (HAL) announced a multi-year agreement with Repsol to provide a cloud-based master data management solution for exploration and pr...

Singapore >>  10/22/2019 - Bentley Systems, Incorporated, the leading global provider of comprehensive software and digital twin cloud services for advancing the design, constru...
Russia >>  10/17/2019 - Rosneft Oil Company has given more than 30 commercial and more than 40 test licenses for the right to use RN-GRID, Eurasia’s first industrial simulato...

Related Categories: Bid and Proposal Software  CAD Systems  Control Software  Design Software  e-business  Financial Accounting Software  Gas Software  General  GIS Software  Import Documentation System  Materials Management Software Materials Management  Oil Software  Petroleum Software  Process Simulation  Procurement Software  Property Management Software  Risk Management  Sales automation Software 

Related Articles: Bid and Proposal Software  CAD Systems  Control Software  Design Software  e-business  Financial Accounting Software  Gas Software  General  GIS Software  Materials Management Software Materials Management  Oil Software  Petroleum Software  Process Simulation  Procurement Software  Property Management Software  Risk Management 


United Kingdom Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.