Friday, October 2, 2020
AVEVA, a global leader in engineering and industrial software, today announced the launch of the latest enhancement to its AVEVA™ Unified Supply Chain platform, Real-time Crude, designed to help customers gain visibility into their business and operations in order to quickly understand how crude quality impacts their value chain.
With the Oil and Gas industry facing massive disruption, a lack of visibility into the supply chain has led to difficulties with reacting to market changes in real time. AVEVA Real-Time Crude, a solution developed with Schneider Electric, combines cutting-edge analytical equipment with powerful machine-learning techniques to provide rapid and reliable crude oil assays across the enterprise in a matter of minutes. Timely information leads to advantages, including more intelligent purchasing decisions, improved operational planning, better allocation of refining resources, and more certain product volume and quality predictions.