Asset Performance Management (APM

IBM and Black & Veatch announced a collaboration to jointly market Asset Performance Management (APM) solutions, including remote monitoring technologies that combine near real-time data analytics with artificial intelligence to help customers keep equipment and assets running at peak performance and reliability.

AVEVA, a global provider of industrial software, driving digital transformation and sustainability, has signed a memorandum of understanding (MoU) with engineering, procurement and construction (EPC) contractor Tecnimont, a subsidiary of the Maire Tecnimont Group, a provider in the global natural resource processing industry, to create new digital predictive and prescriptive maintenance services that drive enhanced business outcomes.