Unlock the power of your Digital Asset

DIGITALASSET

What is the Digital Asset? The Digital Asset is the information core of every project and facility. It is the unification of the trusted information that flows through every system, populates every application, and is embedded in every document and model. It lives in sync with its physical equivalent; a record of change and a platform from which to predict its future.

This asset actually appreciates in value across the life cycle – growing in breadth, scale and detail to underpin reliability, safety and productivity. It is the digital heart of your asset.

DIGITAL ASSET

We live in a world of high complexity, fast change and big data, all producing a torrent of information. Accuracy and reliability of information are critical for all applications and for decision making.

But information without structure and context is worthless.

Our approach is to help customers harness their information, unlock it from silos, validate it, let it flow between systems and be shared between disciplines – empowering experts and improving performance. Customers can control project inflation, assure schedules and maximise uptime – overcoming complexity and delivering engineering innovation on a global scale.

Our object-centric philosophy underpins our integrated applications and persists throughout our open Information Management solutions. This places customers at the centre of an interconnected information model. The right information – available to the right person, at the right time. Everything, in context.

AVEVA’s Digital Asset approach understands information can never be tied down to a single system, solution or vendor. It embraces information from anywhere, drives progress even in the midst of flux, masters change and supports evolution. It offers enterprise scalability with pinpoint accuracy. You can find the specific information you need within your asset’s entire digital history.

Our full portfolio is built upon this approach, so that you can unlock the power of your Digital Asset.

The AVEVA Digital Asset approach

DIGITALASSET

The Digital Asset life cycle

Engineering Goals: Enable engineering disciplines to work together in the most effective manner, with the ability to efficiently control, communicate and respond to change and inconsistency. Solution: AVEVA’s Integrated Engineering & Design solution.

DesignGoals: Streamline the design process and ensure rapid project start-up, improved design efficiency, and clash-free design to reduce construction rework and simplify compliance. Solution: AVEVA’s Integrated Engineering & Design solution.

Project Information ManagementGoals: Provide fast, easy but controlled global access to the full ‘as-is’ Digital Asset for all project stakeholders, regardless of discipline or location. Solution: AVEVA’s Project Decision Support solution.

Material ManagementGoals: Minimise stockholding, eliminate waste and surpluses, and maximise cost-efficiency by enabling cross-project bulk material coding consistency, and seamlessly integrate materials control with design and work planning systems to ensure the right materials are always available when and where needed. Solution: AVEVA’s Integrated Materials Management Solution; AVEVA Catalogue Manager™.

PlanningGoals: Provide full planning flexibility to cope with top-down or bottom-up approaches, and give real-time responsiveness to predict, prepare for and respond to change right across the project life cycle. Solution: AVEVA Planning™.

Construction/Production ManagementGoals: Enable construction efficiency, predictability and visibility by seamlessly coordinating the management of people, materials and equipment, supplemented by access to trusted project information, throughout the end-to-end construction process. Solution: AVEVA’s Construction Management solution.

Operational ReadinessGoals: Streamline, simplify and validate the handover from the EPC-managed CAPEX project phase to commissioning and start-up, and support the earliest possible achievement of nameplate capacity without compromising on quality, safety or reliability. Solution: AVEVA’s Progressive Handover solution.

Enterprise Asset & Information ManagementGoals: Support the elimination, minimisation or mitigation of operational risks, and the optimisation of reliability and production efficiency in the face of the reality of a constantly changing operating asset. Solution: AVEVA’s Asset Life Cycle Information Management solution; AVEVA’s Control of Work solution; AVEVA Enterprise Asset Management™.

Asset Visualisation & SimulationGoals: Support safe, reliable production by providing O&M teams with fast, easy and intuitive access to exactly the asset information and immersive training they need in order to maximise uptime whilst protecting themselves, their colleagues and the environment. Solution: AVEVA’s Immersive Training & Simulation solution; AVEVA’s Asset Visualisation solution.

Brownfield Data CaptureGoals: Quickly, reliably and accurately capture the ‘as-is’ physical environment to provide a data-driven engineering baseline for revamps, efficiency improvement planning and operational compliance. Solution: AVEVA’s 3D Data Capture solution.

Asset ModificationsGoals: Ensure that asset modifications can be planned and implemented quickly, efficiently and with the minimum possible downtime. Solution: AVEVA’s Integrated Engineering & Design solution.

To help our customers unlock the power of trusted information across their asset life cycle, we focus on its major phases and the related business challenges. All our solutions and supporting products are built upon the Digital Asset approach and grouped by the capabilities that support achievement of the goals specifically identified by our customers in each phase:

ENGINEERING

DESIGN

PLANNING

MATERIALMANAGEMENT

PROJECTINFORMATIONMANAGEMENT

CONSTRUCTION/PRODUCTIONMANAGEMENT

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ASSETVISUALISATION& SIMULATION

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ASSET MODIFICATIONS

ENTERPRISE ASSET& INFORMATIONMANAGEMENT

The Digital Asset is at the heart of what our customers do, and so it is also at the heart of what we do. AVEVA’s portfolio of products and solutions is built upon our Digital Asset approach, and support our customers in creating and managing their own Digital Assets across the life cycle.

How can AVEVA’s Digital Asset approach help my business?

Engineering, Procurement & Construction Contractors (EPCs) Using the AVEVA Digital Asset approach, EPCs can manage the critical demands of cost control, deadlines, quality and compliance. Rapid project start-up, high multi-discipline efficiency, streamlined compliance, and clash-free design eliminate construction rework and drive schedule assurance. Develop a high-quality physical asset through to handover to the Owner Operator – on budget and on time. Deliver additional value to your customers through the provision of an ‘as-built’ Digital Asset comprising accurate, comprehensive, validated information.

Owner Operators (OOs)The AVEVA Digital Asset approach allows Owner Operators to actively manage their complex facilities and critical equipment for maximum operational efficiency. Trusted information is intrinsic to reliability – it helps the anticipation, management and reduction of the risks from outages and incidents, to cut downtime, control costs and increase safety throughout the operational lifetime of the asset.

ShipbuildersAVEVA’s approach ensures that throughout the gradual aggregation and evolution of the Digital Asset, shipyards are able to identify information inconsistencies that might arise from the many different disciplines involved. AVEVA’s blend of object-centric information management, deep integration of business processes and high availability and visibility of progress information delivers the business control that is critical to successful shipbuilding project execution.

How important is a Digital Asset?

“ Owners need to know that data is current and complete. Having no centralised location for all the plant data limits the efficiency of the engineering and management. Operators need confidence that the system will improve the basic methods out there in a way that doesn’t compromise quality or safety.”Facilities Engineer, Global OO

“ Finding ways to get more data, bring it together, and being able to get back to it again easily is important.”Business Development Manager, Global Chemicals Manufacturer

“ The problem is an almost infinite degree of complexity. You need a way to file away pertinent emails, drawings and reports where they can be found easily months or even years later. You need to keep track of the life-cycle history of every component throughout your plant. Data storage is no longer a problem, but finding the data you need out of the terabytes that you have accumulated is a constant struggle.”Engineer, Global EPC

“ Our efficient operation hinges on good, up-to-date data and integrated systems.”Project Manager, Global Petrochemicals Manufacturer

“ A Digital Asset approach is key to realising the vision of giving an engineer the ability to find information required to make a decision in 3 minutes or less.”Engineering Information Manager, Global OO

DIGITALASSET

How do I unlock the power of my Digital Asset?AVEVA’s Digital Asset approach is simple to adopt. It is complementary to your existing IT investments and infrastructure – it allows you to retain point solutions, should you wish to, while still extracting greater value from sharing, validating and reporting on the information that flows through them. Beginning the journey to an interconnected information model can begin with a single step – a single application – from which you can begin to master change and complexity, and exploit your Digital Asset.

To take that first step, contact your area sales representative today, or visit www.aveva.com/digitalasset to find out more.

AVEVA Solutions Limited, High Cross, Madingley Road, Cambridge, CB3 0HB, UKTel +44 (0)1223 556655, Fax +44 (0)1223 556666 Headquartered in Cambridge, England, AVEVA Group plc and its operating subsidiaries currently employ staff worldwide in Australia, Austria, Belgium, Brazil, Canada, Chile, China, Columbia, Denmark, Finland, France, Germany, Hong Kong, Hungary, India, Italy, Japan, Malaysia, Mexico, Norway, Poland, Russia, Saudi Arabia, Singapore, Spain, Sweden, South Korea, United Arab Emirates, United Kingdom and the United States of America. AVEVA also has representatives in additional countries around the world. AVEVA believes the information in this publication is correct as of its publication date. As part of continued product development, such information is subject to change without prior notice and is related to the current software release. AVEVA is not responsible for any inadvertent errors. All product names mentioned are the trademarks of their respective holders. Copyright © 2014 AVEVA Solutions Limited and its subsidiaries. All rights reserved. DA/14