AVEVA, a global leader in industrial software, driving digital transformation and sustainability, has signed a memorandum of understanding (MoU) with engineering, procurement and construction (EPC) contractor Tecnimont, a subsidiary of the Maire Tecnimont Group, a leader in the global natural resource processing industry, to create new digital predictive and prescriptive maintenance services that drive enhanced business outcomes.
As a result of this strategic partnership, Maire Tecnimont Group will be able to enhance plant operability and lower maintenance costs by using AVEVA’s Asset Performance Management (APM) solutions. The Italian EPC contractor will also be able to leverage its unique process, automation, and maintenance competencies to supply plant owners with perfectly customized digital products and solutions that are tailor-made for their maintenance needs.
“AVEVA’s Asset Performance Management suite is well-positioned to advance industrial operations of the future. By enabling companies to predict failures before they occur, we are helping to reduce unplanned downtime as well as drive efficiency and safety throughout plant operations. We are excited about the partnership with Maire Tecnimont and look forward to supporting our joint customers in overcoming today’s industrial challenges by leveraging human experience with artificial intelligence.” commented Kim Custeau, Vice President, Asset Performance Management, AVEVA.
This increased information availability will not only empower better, more informed decisions, but will ultimately improve overall business performance.
“Digital transformation is one of the technology drivers most needed to give our industry a much-needed boost. This MoU with AVEVA aligns seamlessly with Maire Tecnimont’s strategy for digital transformation: it complements our value proposition which focuses on NextPlant, our new digital services and solutions portfolio that has been designed to fully meet customer’s needs, while simultaneously improving our operational model through the creation of digital enablers,” commented Pierroberto Folgiero, CEO Maire Tecnimont Group.
With this MoU, Maire Tecnimont Group has reached a new milestone in its digital transformation journey, with the activation of a new technology-enabled value stream which is a crucial part of its roadmap. To achieve its drive to become the ‘contractor of the future’, Maire Tecnimont is enhancing overall value for plant owners through a suite of advanced digital products and services geared towards EPC customers.