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 October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Gazprom Transgaz Ufa Organizes Arts Festival

Over 200 healthy children and children with disabilities from Bashkortostan as well as the Volga Region participated in the Breaking the Barriers second interregional children’s arts festival,

President Pryor Retires from ExxonMobil Chemicals

Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation, has elected to retire on January 1, 2015, after more than 44 years of service.

Steven Palazzo Visits HII, Newport

Huntington Ingalls Industries today hosted Rep. Steven Palazzo, R-Miss., for a tour of the company's Newport News Shipbuilding division. Palazzo represents the fourth district of Mississippi,

Technology

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

Maritime Reporter @ 75: The Daily Cartoon

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry,

Video: Reefer RoRo Ship Design Rebooted

Expanding on the Reefer RoRo Ship design release in September last year, naval architects group Knud E. Hansen A/S has continued the development of the new Reefer RoRo Ship design with version II.

Contracts

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

President Pryor Retires from ExxonMobil Chemicals

Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation, has elected to retire on January 1, 2015, after more than 44 years of service.

Asia Tanker, VLCC Rates Could Climb

Charterers to release 30 Middle East VLCC cargoes next week. VLCC market buoyed by upbeat Suezmax, Aframax sectors. Rates for very large crude carriers (VLCCs)

Naval Architecture

Video: Reefer RoRo Ship Design Rebooted

Expanding on the Reefer RoRo Ship design release in September last year, naval architects group Knud E. Hansen A/S has continued the development of the new Reefer RoRo Ship design with version II.

CSCL’s New Containership Sets Two World Records

Largest boxship undergoes tests, powered by largest engine China Shipping Container Lines Co. Ltd. (CSCL) ran sea trials from October 17-20 on its newbuilding,

Fulcrum Buys BMT Snyek Technologies

BMT Group announced the sale of BMT Syntek Technologies Inc to Fulcrum Corporation. Fulcrum Corporation, based in Arlington, VA., providies customized services

News

7 Rescued from Sinking Freighter Near Haiti

Seven crewmembers were rescued after their 100-foot coastal freighter began taking on water and sank approximately 45 miles north off of Cap Haitien, Haiti, Friday.

Gazprom Transgaz Ufa Organizes Arts Festival

Over 200 healthy children and children with disabilities from Bashkortostan as well as the Volga Region participated in the Breaking the Barriers second interregional children’s arts festival,

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

Software Solutions

Transas Launches Web Map Service

Transas Marine has launched Transas Web Map Service (WMS)to provide transparent and easy access to navigation charts through common interface. Access to comprehensive

ClassNK-NAPA GREEN Wins IBJ Awards

Vessel performance monitoring and optimization solution ClassNK-NAPA GREEN was named the maritime industry’s top IT system by earning the IT Solutions Award

Wison Selects AVEVA to Support Offshore Projects

International EPC firm chooses AVEVA software, replacing competitive solution, to increase productivity and efficiency on offshore projects.   AVEVA has announced that Wison Offshore & Marine,

Mergers & Acquisitions

Fulcrum Buys BMT Snyek Technologies

BMT Group announced the sale of BMT Syntek Technologies Inc to Fulcrum Corporation. Fulcrum Corporation, based in Arlington, VA., providies customized services

BEST Readies for Mega Ships

Hutchison Port Holdings Limited (HPH) subsidiary Barcelona Europe South Terminal (BEST), located at the Port of Barcelona, today held a ceremony for the arrival of three new Quay Cranes (QCs),

COSL Takes Delivery of New Semisub

China Oilfield Services Limited saw successful delivery of the deepwater semi-submersible drilling rig COSLProspector it invested in and commissioned to build in Yantai, Shandong today.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Ship Repair Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1350 sec (7 req/sec)