AVEVA advances predictive analytics market with new AI – powered software release

AVEVA advances predictive analytics market with new AI – powered software release

- Latest release of AVEVA Predictive Analytics is the culmination of 15 years of experience and refinement in the use of AI and machine learning to optimize industrial asset reliability and performance

Dubai, UAE – AVEVA, a global leader in industrial software driving innovation and sustainability, announces the launch of its latest AVEVA Predictive Analytics software release, purpose-built for predictive monitoring of industrial assets in oil and gas, power, chemicals, mining and minerals, and manufacturing. The software helps industrial operators achieve the highest possible levels of reliability and performance of industrial assets while improving sustainability and increasing workforce productivity.

This software release makes it significantly easier to deploy, validate, maintain, and clearly interpret the results of predictive models, enabling asset stakeholders to make better, more timely and informed decisions to improve profitability.

The new release features automated model building. This new capability enables users to autonomously deploy new predictive models in a single action. This greatly reduces the time required to deploy and scale the predictive maintenance solution while reducing errors and ensuring consistency in model development.

Inderpreet Shoker, ARC Advisory Group said “With rising market pressures industrial organizations must find ways to facilitate agile, resilient, and profitable operations. The predictive analytics market continues