Tag: Rob McGreevy

Technology

AVEVA previews industrial AI assistant in collaboration with Microsoft at Hannover Messe

May 21, 2024 by Sujata Muguda 0 Comments #a global leader in industrial software, #AI assistant in collaboration with Microsoft, #AVEVA, #AVEVA’s, #Generative AI, #Hannover Messe, #industrial organizations, #Jim Chappell, #LLM, #Matt Kerner, #Microsoft Azure OpenAI Service, #Rob McGreevy

India, 21st May 2024 – AVEVA, a global leader in industrial software, driving digital transformation and sustainability, reinforced collaboration with Microsoft with its industrial AI assistant.

The industrial AI assistant, running on Microsoft Azure OpenAI Service, is a virtual subject matter expert driving the industry 5.0 revolution. It represents a paradigm shift in how industrial organizations answer complex questions in mission-critical environments. The time between curiosity and insight is seconds. AVEVA’s AI assistant acts as a virtual expert, simplifying the vast task of extracting insights from scattered data sets to answer complex, multi-stage questions. Industrial teams can take advantage of large language models (LLM) and generative AI through an intuitive interface that leverages AVEVA’s 50+ years of expertise in industrial software and analytics. Security and trust are built in from the ground up. Analytic quality is enhanced by strict engineering prompts and cross-critique methodologies to ensure that the AI assistant’s answers are robust and transparent, referencing sources and citations. To protect data security and ownership, proprietary data is not blended with the LLM or any other third-party sources.

Rob McGreevy, CPO, AVEVA, said: “When designing AI for industrial settings, we are conscious of the huge responsibility that industries bear to deliver safe, secure, and sustainable processes and results. That is why, as we infuse AI capabilities across our portfolio, we always enrich it with domain-specific expertise that recognizes the requirements and rigors associated with industrial settings. Our industrial AI assistant draws on integrated data combined with the highest levels of security and expertise so that customers can confidently interrogate their information in real time. All of this is available and scalable with Microsoft through our CONNECT intelligence platform.”

Together, AVEVA and Microsoft are accelerating the delivery of industrial intelligence, empowering customers to utilize the power of innovation. With Microsoft’s solutions and AVEVA’s deep industry expertise and software, businesses can capitalize on the power of technology to become more agile, resilient and environmentally sustainable. AVEVA is actively co-innovating with Microsoft. It is among the first industrial independent software vendors to commit to interoperability with Microsoft Fabric and CONNECT (formerly AVEVA Connect).

Sharing more of the detail of the product capabilities, Jim Chappell, Head of AI & Advanced Analytics said: “AVEVA has combined LLM, generative AI (GenAI), and our own patent-pending AI technology to analyze customer data, find issues, and help solve problems. By leveraging the customer’s industrial data and a LLM with the power of AVEVA’s AI capabilities, the user can ask our industrial AI assistant natural language questions with minimal setup required. The user can also ask objective-driven questions which means more complex, multi-step requests can be completed in one single action.”

Matt Kerner, CVP, Microsoft said “Bringing together the AI and cloud capabilities of Microsoft Azure with AVEVA’s expertise in industrial AI has the power to transform how industries can operate at scale. With the intuitive AI assistant interface, it’s easier for operators and executives to benefit from insights, interrogate results and optimize performance.”

Business

AVEVA Launches Enhanced Strategy with New Hybrid Cloud Manufacturing Execution System

May 13, 2024 by Sujata Muguda 0 Comments #AVEVA, #CONNECT, #Hybrid Cloud Manufacturing, #Rob McGreevy

India, May 13th, 2024 – AVEVA, a global leader in industrial software, driving digital transformation and sustainability, has expanded CONNECT, its world-leading industrial intelligence platform with data and visualization services for hybrid Manufacturing Execution System (MES) solutions.

Last year, AVEVA was recognised as a Leader in the IDC MarketScape: Worldwide Process Manufacturing Execution Systems 2023 Vendor Assessment (doc #EUR150526323, April 2023). The company has taken this one step further in 2024 with the new hybrid cloud MES solution.

AVEVA’s new hybrid MES solution enables manufacturing companies to manage production data in the cloud, to improve supply chain agility with enterprise-wide visibility into distributed plant operations. This enables companies to optimize their operational performance and sustainability with new insights and guidance provided by advanced analytics, artificial intelligence (AI) and data visualization.

With data siloed in each of their plants, companies lack the visibility and information flow they need to effectively drive operational efficiency, sustainability, and agility improvements across their manufacturing network. AVEVA enables enterprises to store, contextualize and enrich production execution data from all their plants in the cloud, unlocking new value using ML, AI and visualization that spans their value-chain and business ecosystem.

AVEVA’s hybrid MES solution combines advanced model-driven MES capabilities at the edge with cloud-based data, analytics and visualization services available on the CONNECT industrial intelligence platform. The ability to collect and securely store data from AVEVA Manufacturing Execution System and process data sources, such as AVEVA PI System and AVEVA’s Operations Control, in a single, secure location in the cloud, makes it easier to aggregate, contextualize and securely share operational data, eliminate organizational data silos, and foster greater collaboration. This unlocks new value from the combined data sets for optimal centerlining of production equipment, soft sensors and predictions that improve quality, throughput and energy use, as well as anomaly detection that gives early insight into production losses before they occur.

Rob McGreevy, chief product officer, AVEVA said: “Production events data management in the cloud is the next step in our vision for the connected industries of the future. It allows companies to create a living digital twin for the entire manufacturing value chain. By leveraging new insights from more complex data relationships, companies are empowered to reduce waste, conserve energy, and improve overall efficiency and sustainability.

The constant pressure on costs, and increased volatility of demand and supply are putting unprecedented demands on manufacturing operations. To rise to today’s challenges and remain competitive, manufacturers need to leverage the power of data to pursue agile supply chain operations, enabled by real-time visibility into a continuously optimized network of manufacturing plants.”

AVEVA’s hybrid MES solution provides ready-to-use cloud services, so companies can quickly start visualizing and analysing manufacturing execution data in hours. Operational data stored in the cloud can seamlessly link to AI and ML services and third-party visualisation, and analytics tools. With faster and easier access to data in a collaborative environment, operational teams and data scientists can unlock more insights from critical data and find new ways to advance operational excellence and sustainability.