AVEVA announces two new strategic partnerships at its biggest ever AVEVA World Conference

• AVEVA World 2024 launches in Paris, bringing together more than 3,500 attendees, including senior leaders from across 13 industrial sectors and 600 companies

• VIP Speakers include Amal Clooney, lawyer and human rights advocate, Matei Zaharia, founder and CTO of Databricks, and Bruno Batisse, CTO of Michelin, to discuss the latest AI, sustainability and collaboration technological innovations

• New strategic partnerships announced with Vulcan Energy and Oxford Quantum Circuits (OQC)

Cairo, Egypt, October 22, 2024 :

AVEVA, a global leader in industrial software, today launches AVEVA World 2024 in Paris’ Palais des Congrès. The annual flagship software conference brings together leading industrial companies from across the globe to explore how to generate impact with cutting-edge technology. Executives from key industrial verticals including Power, Chemicals, Minerals and Food & Beverage, will be present. All with the shared aim of better utilising advanced software to drive stronger business and sustainability outcomes.

During the AVEVA World 2024 press conference, AVEVA‘s CEO, Caspar Herzberg, announced new strategic partnerships with Vulcan Energy Resources (VER) and Oxford Quantum Circuits (OQC).

Vulcan Energy Resources (VER) is committed to become the world’s first lithium company with a carbon neutral footprint through a ground-breaking lithium technology. AVEVA’s new partnership with Vulcan will focus on Vulcan Energy Resources €1.5billion engineering project in Germany’s Upper Rhine Valley – with AVEVA providing the digital backbone for the project. This collaboration supports both companies’ commitment to driving digital transformation and sustainability throughout the lifecycle of industrial assets.

VER aims at decarbonising lithium production by developing the world’s first dual lithium chemicals and renewable energy business with net zero greenhouse gas emissions. CONNECT, will be used to enhance collaboration and foster digital agility across the different project phases and industrial assets. VER will gain access to a comprehensive suite of software solutions tailored to Phase One and future phases. Core components, such as AVEVA’s Contract Risk Management (CRM) and AVEVA Asset Information Management (AIM), as well as AVEVA’s cutting-edge digital twin and Assai’s Document Control and Management system, will enable secure data sharing among multiple stakeholders including contractors.

“This collaboration supports our commitment to driving digital transformation and sustainability throughout the lifecycle of industrial assets. By collaborating with AVEVA, Vulcan can harness the full power of CONNECT to ease collaboration and accelerate the software underpinning their ground-breaking lithium technology.” comments Caspar Herzberg, CEO, AVEVA.

Cris Moreno, CEO of Vulcan Energy Resources, said: “This MoU marks the beginning of a promising long-term collaboration between Vulcan and AVEVA. We are delighted to have AVEVA as a key partner in delivering world-leading digital solutions for Phase One of our integrated renewable energy and ZERO CARBON LITHIUM™ Project ecosystem and beyond.”

AVEVA’s new partnership with Oxford Quantum Circuits (OQC) seeks to develop an application of quantum computing in the industrial sector. While still in its infancy, quantum computing is expected to help customers save time and money, as well as reducing power consumption. By partnering with OQC, AVEVA is bringing the power and capability of quantum compute to its customers, enabling them to unlock its potential to solve new and previously thought impossible problems. Quantum compute is anticipated to deliver an exponential speed-up over classical techniques, as well as generate cost and power consumption reductions: including AI large language models and big data.

When announcing the technology partnership with OQC, a global leader in quantum computing-as-a-service, Caspar Herzberg declared:

“We often hear “Time is Money” but today, there’s a new paradigm: Time is sustainability! The climate crisis is urging industries to accelerate their journey to net-zero. The faster we innovate for a better world, the better. Quantum Computing is a game changer in terms of speed, efficiency, and precision. I’m convinced that quantum technology will unlock faster and more sustainable innovation in industries.”

“Quantum computing is set to revolutionise every sector with faster and more nuanced information processing. Through OQC’s capabilities, quantum is now a tangible, accessible asset for businesses like AVEVA to utilise for experimentation. We look forward to unlocking its potential for their customers” added Gerald Mullally, CEO, Oxford Quantum Circuits.

AVEVA WORLD 2024 will continue until October 17th in Paris at the Palais des Congrès.

For more information on the conference and to watch the event live online, go to AVEVA World 2024.

About AVEVA  

AVEVA is a global leader in industrial software, sparking ingenuity to drive responsible use of the world’s resources. The company’s secure industrial cloud platform and applications enable businesses to harness the power of their information and improve collaboration with customers, suppliers, and partners.

Over 20,000 enterprises in over 100 countries rely on AVEVA to help them deliver life’s essentials: safe and reliable energy, food, medicines, infrastructure and more.

By connecting people with trusted information and AI-enriched insights, AVEVA enables teams to engineer efficiently and optimise operations, driving growth and sustainability.

Named as one of the world’s most innovative companies, AVEVA supports customers with open solutions and the expertise of more than 6,400 employees, 5,000 partners and 5,700 certified developers. The company, which has operations around the globe, is headquartered in Cambridge, UK. Learn more at www.aveva.com.

About Vulcan Energy Resources Limited 

Founded in 2018, Vulcan’s unique ZERO CARBON LITHIUM™1 Project (the Project) aims to decarbonise lithium production, through developing the world’s first carbon neutral lithium business, with the co-production of renewable geothermal energy on a mass scale. By adapting existing technologies to efficiently extract lithium from geothermal brine, Vulcan aims to deliver a local source of sustainable lithium for Europe, built around a carbon neutral strategy with exclusion of fossil fuels from the process to produce lithium. Already an operational renewable energy producer, Vulcan will also provide renewable electricity and heat to local communities. Vulcan’s combined geothermal energy and lithium resource is the largest in Europe2, with licence areas focused on the Upper Rhine Valley, Germany and France. Strategically placed in the heart of the European electric vehicle market to decarbonise the supply chain, Vulcan is rapidly advancing the ZERO CARBON LITHIUM™ Project to target timely market entry, with the ability to expand to meet the unprecedented demand that is building in the European markets. Guided by our Values of Climate Champion, Determined and Inspiring, and united by a passion for the environment and leveraging scientific solutions, Vulcan has a unique, world-leading scientific and commercial team in the fields of lithium chemicals and geothermal renewable energy. Vulcan is committed to partnering with organisations that share its decarbonisation ambitions and has binding lithium offtake agreements with some of the largest cathode, battery, and automakers in the world. Vulcan aims to leverage its multidisciplinary expert team, leading geothermal technology and position in the European EV supply chain to be a global leader in producing carbon neutral lithium. Vulcan aims to be the supplier of choice for premium lithium chemicals and renewable power and heating from Europe, for Europe; to empower a carbon neutral future.

About Oxford Quantum Circuits  

OQC is a global leader in quantum computing-as-a-service, building a brighter future by providing enterprise-ready quantum solutions that seamlessly integrate into digital infrastructures and customer workflows. Its award-winning and world-first integration of quantum computing into colocation facilities removes technical, financial, and geographical barriers to quantum; offering every enterprise a chance to seize a competitive edge. The global leader is currently in their Series B, but prior to this raised $52 million: the largest Series A in quantum in the UK at that time. In 2023, OQC’s team grew to over 100, attracting talent from across the globe. The team has built and deployed OQC Toshiko platforms to colocation data centres expanding its operations in the UK, Japan and Spain. www.oqc.tech