CIMdata PLM Industry Summary Online Archive
12 October 2005
Product News
AVEVA Announces VNET 3.3
AVEVA announced the general availability of VNET version 3.3. AVEVA has developed this technology in consultation with new and existing customers, including Jacobs, BP, Shell, Petronas, Woodside, JR McDermotts and Alstom.
VNET allows information created by experts in one business function to be used by non-experts in other parts of the business or in different organizations. In historical case studies, the use of VNET in a project has enabled radical changes in business processes to be achieved with ease on a regular basis; project timescales have been compressed, plant uptimes improved and recovery-from-failure times reduced.
AVEVA has enhanced VNET with this new release to address major opportunities in the market for oil and gas producers, power generators, shipbuilders and petrochemicals companies. This includes the addition of new functionality to allow Engineering Procurement and Construction (EPC) contractors and plant owner-operators to interact more effectively without changing their proven systems and existing working practices. One such example is the new ability to link remote maintenance activity to corporate asset management systems and new business processes allowing customers to manage commercial risk and Health, Safety and Environmental (HSE) issues.
"VNET 3.3 offers huge, demonstrable benefits to owner-operators by improving the relationship with the EPC at handover," explained Richard Longdon, CEO of AVEVA. "Handover has traditionally been regarded as a definitive period at the end of a project but VNET 3.3 brings that process forward, allowing dynamic simulation, plant training procedures and even de-bottlenecking studies to be conducted before commissioning. On a typical large oil facility, for example, this has the potential to bring forward first oil production significantly. At the current price of oil, this translates to a direct impact on the bottom line of about $15million per day for a 250,000 bpd installation."
Benefits to users of the new VNET 3.3 include:
• Improved usability, enabling interactive access of data maintained in SAP systems
• A PDF gateway that allows users to recover pdf information automatically for cross-referencing to other applications
• Microsoft Sharepoint integration, allowing organizations without a document management system to have a single integrated solution within VNET
• The ability to query structured data on progress and status information; streamlining business processes such as construction planning and maintenance procedures
• A 2D and 3D AutoPlant gateway for navigation and collaboration, enabling AutoPlant users to work with or migrate to more powerful CAD systems easily
VANTAGE Enterprise NET (VNET), part of the VANTAGE Suite, transforms the efficiency in accessing correct information, improves collaboration between the various teams on a project, highlights inconsistencies between data sources, assists in decision support and better manages the flow of information between applications. As a result, it removes significant costs from the engineering process.
VNET is an internet based technology that enables common applications to be integrated to create an internet-based information portal. It allows customers to view and manipulate information throughout the lifecycle of an engineering project. In addition, it can be integrated with AVEVA and competitor products, as well as other complementary applications such as SAP and Documentum. AVEVA is successfully delivering both the underlying VNET product and the associated integration services to clients worldwide.
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