AVEVA and OSIsoft combine, unlocking Performance Intelligence for industrial organisations

I am pleased to share that AVEVA has completed the acquisition of OSIsoft, makers of the PI System. We are delighted to partner with AVEVA as they bring together the market’s broadest, deepest data platform with their leading industrial software.

AVEVA and OSIsoftHow will this benefit our customers? By connecting the power of information and Artificial Intelligence with human insight, you can streamline design processes, optimise production, reduce energy use and maximize performance. This means you can predict and prescribe outcomes more accurately, benefiting from enhanced guidance, freeing your teams to act faster, with even greater precision. AVEVA calls these combined capabilities Performance Intelligence, and we can’t wait to explore what this can offer your business.

Both AVEVA and OSIsoft share a commitment to open, vendor-neutral, platform-independent industrial software and that remains true.

While AVEVA brings their new teams and technology together, we remain your primary contact with AVEVA. We will continue to provide all the solutions, services, and world-class support you have come to expect as part of AVEVA’s 5,500-member strong partner network in more than 40 countries.

You can find out more about the acquisition on AVEVA’s website, and we are here to answer any questions you may have.

It's been a privilege to be part of your digital transformation journey so far. We look forward to working even more closely with you, empowering your teams to engineer smarter, operate better and drive sustainable efficiency.

Sue Roche, General Manager
SolutionsPT

 

Some messages from our partners:

Craig Hayman, CEO at AVEVA, said, “Together we’re redefining the capabilities of industrial software. Through Performance Intelligence, we can see worlds of data from bold new angles, and inspire better understanding of complex value chains, to boost performance and drive sustainability. The combined impact of AVEVA and OSIsoft will enable our customers to manage complex industries more efficiently. Our expanded capabilities elevate AVEVA’s commitment to deliver operational agility that turns opportunity into business value for our customers.”

Philip Aiken AM, Chairman, AVEVA Group commented, “AVEVA’s sustained performance and growth has laid the groundwork that enables the acquisition of a market leader such as OSIsoft. Our joint portfolio of offerings and potential new capabilities will help deliver AVEVA’s long-term strategy for growth and market leadership in industrial software and information management by accelerating the solid growth trajectory and continuing to help customers on their digitalization journeys.”

Also commenting on this announcement, CEO and Chairman of Schneider Electric, supporting major shareholder and alliance partner of AVEVA, Jean-Pascal Tricoire, said, “AVEVA and OSIsoft joining forces creates an industrial software and data leader. Through its extended ecosystem and broader, deeper portfolio, AVEVA delivers an enhanced level of efficiency to support the digital transformation of industries. We support AVEVA’s agnostic approach, working in collaboration with customers and partners to offer integrated solutions that elevate performance and operational agility.”

“We stand in awe of the innovation of our customers – the people who operate our society’s essential industries - who use our technology every day to improve performance, protect health and safety, keep the lights on and make the world run more smoothly,” said OSIsoft founder, Dr. J. Patrick Kennedy. “They have inspired us to join forces with AVEVA so that we can broaden our scope and increase the value we can bring to their important work.”

“This acquisition is a major milestone for AVEVA, enabling our team to draw on Dr. J Patrick Kennedy’s vast leadership experience and domain expertise. We are honored to continue the journey together with Pat in his new role as Chairman Emeritus. With Performance Intelligence, we can confidently say that AVEVA is paving the way to become the industrial software and data leader, heralding the start of an exciting new chapter for the industrial software market,” concluded Hayman.