AVEVA sponsors Fiatech's Annual Technology Conference and Showcase 2012

Houston, TX – 29 March 2012: AVEVA (LSE: AVV), will sponsor and exhibit at the upcoming Fiatech Annual Technology Conference and Showcasebeing held April 2-4 at Doral in Miami, Florida. As part of AVEVAs participation in the event, William Muldoon, Executive Vice-President, North America at AVEVA  will join the ARC Advisory Group workshop as a panel member to discuss Project Management Workflow Improvements being held on April 2 10am-12pm.  AVEVA is also sponsoring the CETI Reception and Gala Dinner on April 3 at 6pm.

"Interoperability is a key consideration in AVEVAs strategy to develop open solutions that support different technical and business disciplines from a range of vendors. We will continue to work with groups like Fiatech, as well as alongside EPCs and owner operators to define standards that meet their requirements. One good example is an exciting AVEVA interoperability solution that effectively links P&IDs and 3D plant models together in a neutral, non-proprietary way. Our customers have been able to demonstrate how this open, interoperable approach brings direct technical and business benefits to major capital projects and asset operations. Fiatech is helping us to work across the industry to make interoperability a reality and we are pleased to be a sponsor”, commented William Muldoon.

During its workshop, ARC will present an executive summary of its Asset Performance Management (APM) research, and provide an update on the status of ARCs research on the cost/benefits analysis of implementing automation and improvements to project management workflows.  It will also review recent Asset Information Management (AIM) research, including results of a benchmarking survey on current state of AIM and the greatest challenges faced by owner operators.

Fiatech is an industry consortium that provides global leadership in identifying and accelerating the development, demonstration and deployment of fully integrated and automated technologies to deliver the highest business value throughout the life cycle of all types of capital projects. To learn more about Fiatechs Technology Conference and Showcase visit http://www.fiatech.org/events/tech-conference-showcase.