Aveva Acquires Global Majic’s Simulation Software Suite

Press Release
Monday, December 17, 2012

Advanced visualization technology complements Aveva’s solutions for plant Owner Operators.



 Aveva has  announced the acquisition of all assets relating to the advanced visualisation and simulation software of Global Majic Software, Inc. (GMS). This strategic acquisition includes all Intellectual Property Rights which will be used to support Aveva’s growing simulation offering for plant Owner Operators. The highly skilled GMS team will become a part of Aveva’s simulation development program to deliver world-class 3D interactive virtual environments to our customers.  GMS’s industry-proven simulation products complement Aveva’s existing visualisation technology by providing an immersive environment that enables virtual access to plant facilities for the purposes of inspection, training and maintenance review, minimising the need to expose staff to on-site hazards.



The acquisition also brings immediate benefits to Aveva’s laser technology that makes it possible to cost-effectively create ’as-built’ 3D models of existing facilities.  These accurate 3D models are increasing the demand for simulation environments in which Owner Operators can safely and remotely train contractors and staff in a highly realistic virtual environment away from the dangers of on-site working.



“Plant Owner Operators are increasingly looking at software to help innovate, improve safety and generate efficiencies”, added Derek Middlemas, COO and Head of Enterprise Solutions, Aveva. Our customers have a business imperative to understand every aspect of their operating assets. The GMS software in combination with our own technology will bring a vastly improved simulation experience enabling a reduction in the number of people exposed to hazardous on-site working environments while improving operational efficiency.”
 


 “We have many years’ experience creating high-quality virtual environments for clients who need to safely train and familiarise staff on dangerous or difficult to access sites,” said Gary Hufford, CEO, Global Majic Software Inc. “When Aveva first approached us and suggested we join them, we immediately recognized the exciting benefits that we can offer to our joint customers.  We share the same vision about the increasingly important role that virtual environments will play in enhancing asset performance and reducing operational risk and look forward to bringing our products to Aveva’s customers.”
 


“Over many decades we have continually brought forward innovation in the field of plant visualisation” said Richard Longdon, Chief Executive Officer, Aveva. “The addition of the GMS team is further proof of our commitment to this ideal. I am delighted to welcome our new colleagues and their advanced simulation software to Aveva. The acquisition enables us to take a major step forward which will further differentiate Aveva  from our competitors by delivering advanced simulation capabilities around the digital plant that will provide significant time, cost and safety benefits to our customers.”

 

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

D’Amico Sees Q1 Net Profit of $11.4Mln

Italy-listed D'Amico International Shipping (DIS) made a net profit of $11.4m in the first quarter, reversing its net loss of $6.8m last year, as the product tanker freight market improved.

Transocean Swings to Loss on Falling Revenue

Transocean Ltd., one of the world's top offshore drilling companies, reported a first-quarter loss on Wednesday as oil exploration and production companies rent

1,000th Becker Mewis Duct to Be Presented at Nor-Shipping

Hamburg-based Becker Marine Systems will present its 1,000th Becker Mewis Duct in Oslo at Nor-Shipping 2015.   The use of all ducts previously delivered will have lowered CO2 by more than 1.

Technology

Jan De Nul Orders SRI Duo

Belgium-based dredging and marine construction giant Jan De Nul Group has ordered two 6,000 ton Subsea Rock Installation vessels at AVIC Weihai shipyard in Weihai, China.

North Korea Conducts Third SLBM Test

North Korea recently conducted a third test of a new submarine-launched ballistic missile (SLBM) that is part of Pyongyang’s expanding nuclear arsenal, according

Japan to Hand Over Data Ahead of Australia Submarine Bid

Japan will agree this month to give Australia classified submarine data, an unprecedented step signalling Tokyo's intent to join competitive bidding to sell Canberra a fleet of stealth subs,

Contracts

Heidmar Enters Dry Bulk with TBS Ocean

Heidmar and TBS Ocean are joining forces to form a dry bulk pool alliance. New alliance with TBS Ocean plan to combine two players’ operating strengths in geared bulker JV.

Australia Welcomes Japan to Join Submarine Tender

Australian Defence Minister Kevin Andrews has requested Japan to participate in procedures to become Australia's partner in a project to jointly develop next-generation submarines.

Modernization for Two Swedish Icebreakers

Protacon, a company based in Jyväskylä, Finland, informs it has received an order from Swedish Maritime Administration for the modernization of electric and automation systems of two icebreakers.

Naval Architecture

Blyth Workcats Delivers Aqualink

The first two-deck boat ever built by Blyth Workcats has recently been delivered to a customer in Belgium. The 18-meter Aqualink is the first Blyth Workcat to feature

Japan to Hand Over Data Ahead of Australia Submarine Bid

Japan will agree this month to give Australia classified submarine data, an unprecedented step signalling Tokyo's intent to join competitive bidding to sell Canberra a fleet of stealth subs,

Ulstein Debuts Heavy Lift Designs

Ulstein introduces the HX103 and HX104 designs, DP3 vessels with heavy-lift capability and large outreach combined with a large open deck space and accommodation for 350 and 500 people.

News

D’Amico Sees Q1 Net Profit of $11.4Mln

Italy-listed D'Amico International Shipping (DIS) made a net profit of $11.4m in the first quarter, reversing its net loss of $6.8m last year, as the product tanker freight market improved.

Maersk to Pay for Release of Seized Ship?

There have been reports that members of the crew of the cargo ship Maersk Tigris that had been detained by Iranian authorities, have been released Wednesday.   The

North Korea Conducts Third SLBM Test

North Korea recently conducted a third test of a new submarine-launched ballistic missile (SLBM) that is part of Pyongyang’s expanding nuclear arsenal, according

Software Solutions

Portsmouth Pilots Use High Detailed Charts

Portsmouth Pilots are now using bathymetric ENCs in combination with official ENCs on their Portable Pilot Units. For many years Portable Pilot Units (PPUs)

Louisiana International Marine Signs on with Helm CONNECT

Software developer Helm Operations has signed on offshore rig moving and ocean towing services company Louisiana International Marine (LIM) to its Helm CONNECT Preventive Maintenance software.

SENER Develops Multipurpose Subsea Support Vessel

Operators are demanding more efficient, less consuming and more capable vessels, while shipbuilders need to achieve it in a very competitive environment. As a ship design firm,

Mergers & Acquisitions

Royal IHC, Dräger Join Forces

Royal IHC and Dräger have joined forces to offer the market a single source for fully integrated Diving Support Vessels.   The initial focus will lie on the market segment of vessels with automated,

Hertel Offshore Renamed CKT Projects

Hertel has announced the acquisition of Hertel by Altrad  for its worldwide access solutions, insulation, corrosion protection and mechanical businesses. Hertel

XPO Acquires Port Trucker Bridge Terminal

XPO Logistics has made a deal to acquire Bridge Terminal Transport (BTT) Services, one of the largest motor carriers serving ports and intermodal facilities in the United States, for $100 million.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1746 sec (6 req/sec)