AVEVA, Maire Tecnimont Partner for Industrial Digital Transformation

AVEVA has signed a memorandum of understanding (MoU) with EPC contractor Tecnimont, an arm of Maire Tecnimont Group to create new digital predictive and prescriptive maintenance services that drive enhanced business outcomes.

This partnership will extend usage of AVEVA’s Asset Performance Management (APM) solutions across the Maire Tecnimont Group, enhancing plant operability and lowering maintenance costs.

The move will help in delivering increased information availability empowering better, more informed decision-making, and ultimately improving overall business performance.

Under the agreement, the two companies will work together over a 12-month period on a defined number of customer projects to promote the application of predictive maintenance technology for critical plant assets.

Commenting on the pertnership, Pierroberto Folgiero, CEO of MaireTecnimont Group, said “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 MaireTecnimont’s strategy for digital transformation: it complements our value proposition which focuses on Next Plant, 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.”

“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,” said Kim Custeau, Vice President, Asset Performance Management at AVEVA.

With this MoU, MaireTecnimont 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’, MaireTecnimont is enhancing overall value for plant owners through a suite of advanced digital products and services geared towards EPC customers.