AVEVA & RIB partnership enhances AVEVA Project Execution offerings

  • Industry News
  • Jul 08,21
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 & RIB partnership enhances AVEVA Project Execution offerings

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.”

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.”

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.”

Related Stories

Other Industrial Products
TDK named climate leader on CDP’s Annual ‘A-List’

TDK named climate leader on CDP’s Annual ‘A-List’

Tokyo (Japan) based TDK Corporation - a world leader in electronic solutions - has been recognised for its leadership in corporate sustainability by global environmental non-profit CDP, securing a p..

Read more
Automation & Robotics
New igus cable guide for SCARA robot prevents kinking of cables

New igus cable guide for SCARA robot prevents kinking of cables

Igus' new SCARA Cable Solution reinforces corrugated tubes and makes the energy supply more durable in high dynamic movements

Read more

Related Products

OEM Cad Platforms

Software for Industrial Design

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

Request a Quote

Embedded System Design And Development

Software for Industrial Design

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

Request a Quote

Fikus Visualcam ST

Software for Industrial Design

Metalcam Technologies Pv Ltd offers Fikus Visualcam ST. Fikus Visualcam ST is the Metalcam`s recognized software for the shop floor. A productive, versatile and easy to use CAD/CAM software that ge Read more

Request a Quote