Aveva, a global leader in engineering and industrial software, today announced that Worley has selected Aveva’s Enterprise Resource Management (ERM) 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 optimised 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 is not only costly, but restrictive and unsustainable in an industry undergoing mass consolidation. For global EPCs to remain competitive, the move from an 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, said a statement.
"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."