AVEVA Champions Digital Transformation across Power Sector

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AVEVA has doubled down on its support for power providers, joining the new breed of digital-industrial companies that are changing their business models, to take full advantage of new digital capabilities.

The company’s domain expertise across different segments of the electricity value network underscores its ability to speak to the varied needs of power providers globally. It is uniquely placed to offer cutting-edge solutions for power operators to deliver safe, resilient, sustainable, and efficient services while minimising risk and lowering total cost of operations.

Evgeny Fedotov, AVEVA
Evgeny Fedotov, AVEVA

Although power companies are making progress on digital transformation and many have adopted technologies that would be considered disruptive—such as AI, analytics, and machine learning – many are still weighing up and exploring the opportunities. AVEVA’s comprehensive industrial solutions portfolio ranges from the Digital Twin, Asset Strategy and Asset Performance Management to Connected Worker and Mobile Operator Rounds all designed to enhance digital acceleration and the utilisation of cloud technologies across the power sector.

The current challenging macro-economic environment means that it is even more vital for power companies to equip themselves with technologies that will modernize legacy systems and processes to propel them into the digital future. AVEVA’s solutions portfolio, supports this approach by offering power customers a holistic view of the asset lifecycle and value chain. This helps customers to greatly improve operational safety and eliminate information silos from across IT and OT systems, and also improving collaborative efficiencies in the process.

“The rapid move to industrial sector digital transformation was not affected by the pandemic, with even more power industry players realising the importance of having high data availability and embracing a cloud-first approach to increase efficiencies, automate processes, maximise productivity and ensure continuity in all events,” said Evgeny Fedotov, Senior Vice President and Head of EMEA, AVEVA.

“Our solutions are helping to play a critical role in enabling companies from all sectors to transform their organisations, through technology, to become more resilient, reliable and efficient. The power sector is currently undergoing a digital transformation that will continue to play out for the next few years to come and it is this transformation that is enhancing the way energy is produced, delivered, and consumed.”

Power customers can access AVEVA’s Power industry content hub and register to watch videos and learn how AVEVA is enabling power companies to drive digital transformation across the asset lifecycle to improve asset reliability, efficiency, and safety.

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