The partnership will bring together OSIsoft’s “world-class data management” and AVEVA’s “leading industrial software to unlock Performance Intelligence”.
Performance Intelligence connects information and artificial intelligence (AI) with human insight, to enable faster and more accurate decision making, helping industries boost sustainability.
With this, it will give the people behind essential process the data they need to better measure and understand the entire industrial lifecycle.
Areas that will most likely be impacted include organisational productivity, operational agility, and sustainability.
CEO at AVEVA, Craig Hayman says, “Together we’re redefining the capabilities of industrial software. Through Performance Intelligence, we can see worlds of data from bold new angles, and inspire better understanding of complex value chains, to boost performance and drive sustainability.
“The combined impact of AVEVA and OSIsoft will enable our customers to manage complex industries more efficiently. Our expanded capabilities elevate AVEVA’s commitment to deliver operational agility that turns opportunity into business value for our customers.”
OSIsoft Founder, Dr. J. Patrick Kennedy adds: “We stand in awe of the innovation of our customers – the people who operate our society’s essential industries – who use our technology every day to improve performance, protect health and safety, keep the lights on and make the world run more smoothly.
“They have inspired us to join forces with AVEVA so that we can broaden our scope and increase the value we can bring to their important work.”
Mr Hayman concludes: “We are honoured to continue the journey together with Pat in his new role as Chairman Emeritus. With Performance Intelligence, we can confidently say that AVEVA is paving the way to become the industry software and data leader, heralding the start of an exciting new chapter for the industrial software market.”