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AVEVA to showcase powerful new release of AVEVA NET at ADIPEC 08

  • United Arab Emirates: Thursday, September 04 - 2008 at 12:44
  • PRESS RELEASE

AVEVA, the leading provider of plant and marine design and engineering lifecycle solutions, today announced that it will be showcasing the latest release of its AVEVA NET technology in the Middle East at ADIPEC in Abu Dhabi, United Arab Emirates, one of the largest oil and gas events in the world, between 3-6 November 2008.

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AVEVA NET extends and enhances the information management capabilities that were first developed in AVEVA's VNET solution, which has been proven in multiple customer deployments since 2003.

AVEVA NET allows plant operators to maximize safety and productivity through providing access to mission critical data including real-time plant operating information. Working with companies such as Data Systems & Solutions (DS&S) and ISS Group Ltd has enabled AVEVA NET to deliver sophisticated monitoring and management of vital real-time plant information and KPI's.

Through AVEVA NET, plant operators can track plant performance characteristics and other "vital statistics" which can be made constantly visible on-screen, alongside all other types of information.

The new release also features extensive collaboration and work process management capabilities. These enable AVEVA's customers and partners to develop solutions which integrate and control the processes used to manage information content and flows within their business. These capabilities encompass workflow management, configuration management, impact assessment, management of change, and a range of other features designed to ensure information integrity and optimise business processes.

What is AVEVA NET, who needs it, and what are its benefits?



AVEVA NET addresses a key concern for Owner Operators, namely the ability to view, manage and actively exploit information from many disparate sources.

Owner Operators often use several different technologies to address these needs, but there is typically little or no communication between these technologies. The result: often, critical information simply does not arrive at the right place and is not acted upon, or its impact remains unforeseen.

Derek Middlemas, Executive Vice President Business Strategy at AVEVA, explained:
"We laid down a roadmap - particularly for existing customers using our VNET solution - to put intelligent, fully managed collaboration within reach. AVEVA NET now delivers on that promise. For example, applications can interpret and enforce the management of change process; they can flag up the consequences of a component that's about to fail; they can issue a challenge if a work package is assigned to an engineer who is not qualified. AVEVA NET works automatically across teams, departments, offices, countries and continents, organising and adding value to digital information according to each operator's needs."


AVEVA's principal Oil and Gas consultant, Steve Gibbons, will also be giving a complementary paper at the ADIPEC conference, the subject of which will be overcoming the challenges that the management of large volumes of plant information poses.
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Notes and media contacts

About AVEVA Group plc:

AVEVA Group plc is one of the world's foremost and fastest-growing lifecycle engineering IT solutions and services providers to the oil and gas, paper and pulp, power, chemical, pharmaceutical and shipbuilding industries. Listed on the London Stock Exchange (LSE:AVV), the Group reported pre-tax profits for the year ended March 2008 of GBP 45 million on revenues of GBP127.6m. The Group has grown consistently since 1967 on the strength of pioneering engineering technology that protects the information assets of its customers from the volatile nature of the IT industry.

The Group's history of innovation spans five decades and has produced most of today's major engineering IT technologies. Serving over 1700 clients, AVEVA has a dominant position in many market sectors both on and offshore. In May 2004, the Group acquired Tribon Solutions AB, the market-leading shipbuilding solution company and now serves 85% of the world's top 20 shipbuilders.

The Group's clients include leading plant owner operators, shipbuilders and engineering contractors such as Aker Solutions, Alstom, AMEC, Areva NP, Babcock Marine, BASF, BP, Chevron, China National Nuclear Co (CNNC), China Power Engineering Consulting Group Co. (CPECC), CNOOC Offshore Oil Engineering, Daewoo Shipbuilding & Marine Engineering, EDF, ExxonMobil, Foster Wheeler Power Group, Harland & Wolff, Hyundai Heavy Industries, Jacobs, Mitsubishi Heavy Industries, SBM, Shell, Sinopec Engineering, Statoil, TKMS - ThyssenKrupp Marine System, Uhde, VT Shipbuilding, Wood Group (Alliance & Mustang) and Worley Parsons.

Headquartered in Cambridge, England, AVEVA Group plc and its operating subsidiaries currently employ more than 750 staff worldwide in England, Australia, Austria, Canada, China, Dubai, France, Germany, Hong Kong, India, Italy, Japan, Malaysia, Mexico, Norway, Russia, Saudi Arabia, Singapore, Spain, Switzerland, Sweden, South Korea and the USA.

For further information, please contact:

Ms. Elvis Mert
Marketing Executive
AVEVA Solutions Limited
P.O. Box 72945, Dubai UAE
Direct Dial +971 4 365 4536
Phone +971 4 391 0966
Fax +971 4 390 8798

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