AVEVA and Accenture Build a Digital Services Factory to Speed Development of Industrial IoT Solutions and Services

New capability aims to reduce time between product ideation and market launch from three years to less than eight months

Posted: April 26, 2017

Insider

AVEVA and Accenture Build a Digital Services Factory to Speed Development of Industrial IoT Solutions and Services

Rueil-Malmaison (France), April 26, 2017 – AVEVA and Accenture have completed the development of the AVEVA Digital Services Factory, a 'virtual' factory that enables AVEVA, the global specialist in energy management and automation, to rapidly build and scale new offerings in areas such as predictive maintenance, asset monitoring and energy optimization.

Staffed with professionals from AVEVA and Accenture, the Digital Factory gathers data from the millions of connected assets across AVEVA's infrastructure and customer sites to speed the development of new services, from ideation to industrialization and market launch.

The collaboration is part of a five-year contract that AVEVA awarded to Accenture in January 2016 to support the ongoing roll-out of Industrial internet of things (IoT)-enabled solutions and digital services.

The Digital Factory provides a range of services, including generating and incubating new ideas, designing and testing potential offerings, and deploying and scaling solutions, as well as providing the analytics and IoT capabilities to accelerate development of the new services.

Having helped develop the Digital Factory through strategic and technical consulting and change management services, Accenture is providing a range of services around innovative ideation and customer-centric solution development, business model development and analytics, and the "New Digital Service Lifecycle," which combines customer analytics with agile, iterative service development and delivery.

"We are driving the digitization of our businesses, and the Digital Factory will significantly speed up our efforts," said Cyril Perducat, Executive Vice President IoT & Digital Transformation at AVEVA. "With new capabilities like analytics, design thinking, rapid service prototyping and iteration, we are now able to bring new services to market much, much faster."

Accenture research shows that while industrial manufacturers believe that digital technologies are vital for their future, they risk losing market share and profits because their levels of digital adoption and their ability to innovate is low. Two-thirds of industrial companies that Accenture surveyed said they are feeling the impact of digital disruption, but half of them are not yet comprehensively investing in this area as part of their overall business strategy.

"AVEVA is aiming to cut the time from product ideation to market by 80 percent," said Karim Chaabouni, a managing director in Accenture's Industrial practice. "They want to deliver innovation at every level – from connected products to network edge control to analytics, apps and services. With Accenture's help and the new factory, they will be able to that."

The AVEVA Digital Services Factory is part of AVEVA's programs around the recently launched IoT-enabled, open and interoperable system architecture and platform called "EcoStruxure," which leverages technologies including the IoT, cloud, analytics, mobile and state-of-the-art cyber security to deliver added value around safety, reliability, efficiency, sustainability and connectivity to AVEVA's clients.

EcoStruxure is AVEVA's open, interoperable, IoT-enabled system architecture delivering enhanced value around safety, reliability, efficiency, sustainability, and connectivity for our customers. EcoStruxure leverages technologies in IoT, mobility, sensing, cloud, analytics, and cybersecurity to deliver Innovation at Every Level including Connected Products, Edge Control, and Apps, Analytics & Services. EcoStruxure has been deployed in 450,000+ installations, with the support of 9,000 system integrators, connecting over 1 billion devices. For more information about EcoStruxure, please read our EcoStruxure brochure.

About AVEVA 

AVEVA is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries.

With global presence in over 100 countries, AVEVA is the undisputed leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software.

In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency.

We believe that great people and partners make AVEVA a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.

Media Relations Contact

Rosey Cox

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Tel +44 (0) 7771 540766

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