Worley, AVEVA Join to Offer First Cloud-Based Enterprise Resource Management Solution Optimized for EPC Market
LONDON, UK, Aug 22, 2019 – AVEVA, a global leader in engineering and industrial software, announced that Worley has selected AVEVA’s Enterprise Resource Management solution as its preferred materials management platform. The partnership combines Worley’s Engineering, Procurement and Construction (EPC) knowledge with AVEVA’s industrial software expertise to deliver the first cloud-based Enterprise Resource Management solution optimized for the EPC market.
Worley CEO, Andrew Wood, and AVEVA CEO, Craig Hayman announce partnership to build upon AVEVA Enterprise Resource Management software and deliver the first cloud-based solution optimized for the EPC market.
Like many businesses, today’s EPCs are challenged with reducing project costs while keeping pace with changing IT environments. However, as EPC projects operate as mini-enterprises, on-premises configuration and hosting of enterprise projects within private networks are not only costly but restrictive and unsustainable in an industry undergoing mass consolidation. For global EPCs to remain competitive, the move from on-premises infrastructure to cloud-based enterprise resource management is necessary.
Worley sought to help its customers find a way to streamline their materials management to deliver on these challenges while also creating process improvements, increased efficiency, ease-of-use and the ability to deliver in-house training. After reviewing AVEVA’s Enterprise Resource Management solution, which had historically been used in marine settings, Worley and AVEVA, committed to developing the AVEVA solution to become the industry’s first cloud-based enterprise resource management platform purpose-built for EPCs.
“The EPC market is undergoing a period of change and our customers are looking to us to help them find solutions in this new world. The advances in technology and digital disruption have provided us with an opportunity to rethink our approach to materials management. We needed to deliver an efficient, cloud-based solution customized for the nuances of our market,” said Andrew Wood, CEO Worley. “With AVEVA, we saw a commitment to developing this solution together to create something best-in-class for engineering. We believe the AVEVA Enterprise Resource Management solution marks a step forward for productivity, efficiency and effectiveness that will drive the EPC industry forward.”
The cloud-enabled solution from AVEVA and Worley is the first of its kind and will be fully optimized for the EPC market. By embedding Worley’s subject matter expertise in EPC supply chain management, major updates to the AVEVA Enterprise Resource Management solution for EPCs includes:
- Project-specific functionality: Enabling EPCs to view and work on projects in AVEVA Enterprise Resource Management as standalone entities
- Updated catalogs and specifications module: Migration of Worley’s legacy corporate catalog and specifications to create a robust, easy-to-use model for EPCs
- Training solution: Allowing EPCs to streamline internal training on the new solution
In April 2019, Worley and AVEVA kicked off the final stage of a four-phase program to develop the AVEVA Enterprise Resource Management solution for EPCs. Phase one included design, while phase two incorporated the solution build, moving onto phase three integrations and catalog readiness, and now into phase four—project go-live and decommissioning of Worley’s legacy solution.
As part of the program, AVEVA Enterprise Resource Management reduced training time across engineering, procurement and project controls by 23%. Participants noted the solution was easy to use, provided quality training materials and the right functionality for EPC projects.
“The construct of the co-managed project team exceeded all expectations. We set up stringent delivery benchmarks and executed the project in phases to ensure alignment between the teams remained in place. A transparent and open working relationship with a keen focus on the success of the initiative played a crucial role in adjusting to all project challenges, and this solution is something we are proud to have delivered together,” commented Craig Hayman, CEO AVEVA.
The first official project roll-out for Worley on the AVEVA Enterprise Resource Management solution for EPCs will begin this month. Worley will use AVEVA Enterprise Resource Management and AVEVA Everything3D innovative plant project execution software in tandem, and the two companies have agreed to work to continually mature enterprise resource management for the EPC market.
Worley delivers projects, provides expertise in engineering, procurement and construction and offers a wide range of consulting and advisory services. We cover the full lifecycle, from creating new assets to sustaining and enhancing operating assets, in the hydrocarbons, mining, mineral, metals, chemicals, power and infrastructure sectors. Our resources and energy are focused on responding to and meeting the needs of our customers over the long-term and thereby creating value for our shareholders. WorleyParsons Limited is listed on the Australian Securities Exchange (ASX: WOR).
AVEVA is a global leader in engineering and industrial software driving digital transformation across the entire asset and operations life cycle of capital-intensive industries. The company’s engineering, planning and operations, asset performance, and monitoring and control solutions deliver proven results to over 16,000 customers across the globe. Its customers are supported by the largest industrial software ecosystem, including 4,200 partners and 5,700 certified developers. AVEVA is headquartered in Cambridge, UK, with over 4,400 employees at 80 locations in over 40 countries. For more details visit: www.aveva.com