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AVEVA Prioritizes Cloud Strategy in Order to Respond to the Demands of The New Normal

Mumbai, India, August 27, 2020: AVEVA today unveiled ‘Cloud-First’, a key component of its long-term software portfolio strategy to focus on providing core services in the cloud to ensure high uptime and availability, user management and the flexibility to try new solutions. The strategy includes the introduction of scenario-driven integration between products for rapid time to value.

As part of this strategy, AVEVA has also announced significant new advances to its industry-leading cloud platform, AVEVA Connect-AVEVA Unified Engineering and AVEVA InsightGuided and Advanced Analytics. These new solutions, accessed in the cloud, reduce the total cost of ownership, help users to improve efficiency, and enable decision support with infused industrial Artificial Intelligence (AI).

Designed to securely host AVEVA software solutions in the cloud, AVEVA Connect already enables more than 1,900 customers and over 25,000 users to access multiple products from one platform with a single sign-on. Connecting teams, data, and processes in the Cloud is a key differentiator for AVEVA today given the changes in working patterns, the massive amounts of data being generated by industries, and the need to bring many disparate processes together via one source. Itfacilitatesimproved user management across all assets as well as the capability to monitor the usage of subscription credits across the entire AVEVA software portfolio.

The new normal has required a shift in business focus and imperatives, said Ravi Gopinath, Chief Cloud Officer, and Chief Product Officer, AVEVA. “Moving forward, businesses will witness reduced capital investments, changing working processes, a heightened need for visualization tools, and much greater agility and responsiveness across the value chain to minimize value leaks and optimize production to maximize profit opportunities. The organizational focus has shifted to demand increased flexibility, much more real-time collaboration, intelligent applications, and a more streamlined user experience. AVEVA Connect will serve as a ‘one-stop-shop’ for all these requirements.

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