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Home Metaverse

Portfolio Strategy With AVEVA’s EVP Portfolio Management Kim Custeau

Digital Pulse by Digital Pulse
May 2, 2025
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Portfolio Strategy With AVEVA’s EVP Portfolio Management Kim Custeau
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In a quiet room, away from the hustle and bustle of business innovators at AVEVA World 2025, I sat down with Kim Custeau, the Government Vice President of Portfolio Administration at AVEVA.

Keen to start our dialog, Kim clarified her function at AVEVA. She defined her accountability to make sure that AVEVA’s choices align with buyer calls for in an ever-evolving market by investing in client-focused options. “At AVEVA, I’m chargeable for portfolio technique, aligning the enterprise objectives with the proper merchandise and modifications. We concentrate on defending and nurturing our present buyer base whereas additionally investing in new options,” she mentioned.

One of many key options Kim talked about is CONNECT, AVEVA’s flagship industrial intelligence platform. This platform supplies on-demand cloud companies, enabling groups worldwide to collaborate in real-time throughout varied industrial ecosystems. As an efficient instrument for predicting outcomes and bettering effectivity, CONNECT permits customers to share business knowledge on the cloud, enhancing workflow fashions and driving digital transformation throughout sectors equivalent to manufacturing, marine, and power.

CONNECT affords a complete view of business knowledge to handle vital ache factors that hinder effectivity. By integrating accomplice functions with AVEVA’s proprietary software program, CONNECT delivers a big selection of digital options inside a single platform, bettering industrial workflows and creating interoperability between software program functions for the good thing about prospects. Kim elaborated, “We goal to create an open and agnostic platform, seamlessly integrating AVEVA software program and third-party options. This ensures that every thing plugs in and works collectively easily.”

For customers, CONNECT simplifies the method: with a single click on, prospects can publish their industrial knowledge to the cloud, permitting third events quick access by user-friendly API integration and a group function that facilitates sharing insights and knowledge.

As an instance the real-world impression of knowledge sharing by CONNECT, Kim shared an instance involving a mining buyer in South Africa. “Our resolution permits them to push knowledge to the cloud, granting their service suppliers and companions entry to vital info and enabling enhanced tools efficiency evaluation. Within the mining business, knowledge sharing by our platform empowers consultants—equivalent to universities in South Africa—to offer insights that assist the whole business function extra successfully.”

Information high quality is paramount for CONNECT and data-driven software program options basically; poor-quality knowledge results in subpar outcomes, whereas high-quality knowledge yields useful insights for stakeholders. CONNECT supplies context to knowledge from a number of related methods, enabling better-informed selections. For instance, integrating temperature, course of, and engineering knowledge affords stakeholders a broader context for fixing particular industrial issues.

AVEVA has a major impression on varied industrial sectors; nevertheless, Kim expressed a need to see the corporate broaden additional into industries equivalent to marine, significantly shipbuilding. “Doing extra within the marine sector means forging stronger partnerships, amplifying our message, and integrating deeper into shipyard operations,” she said. Increasing AVEVA’s “45% market share in ship design” is a prime precedence, together with specializing in key sectors and knowledge facilities the place AVEVA software program can handle vital challenges in high quality and power effectivity functions.

Trying forward, AVEVA plans to incorporate functions from each its personal choices and people of companions on the CONNECT platform, additional rising the worth it supplies to prospects. As we wrapped up our dialog, Kim mirrored on her 40 years with the corporate, describing her expertise at AVEVA World because the “finest week of the yr,” a sentiment I might simply see throughout my brief time on the occasion.



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Tags: AVEVAsCusteauEVPKimManagementPortfolioStrategy
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