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Portfolio Strategy With AVEVA’s EVP Portfolio Management Kim Custeau

by Catatonic Times
May 2, 2025
in Metaverse
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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 duty 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 liable for portfolio technique, aligning the enterprise targets with the best merchandise and modifications. We give attention to defending and nurturing our present buyer base whereas additionally investing in new options,” she stated.

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

CONNECT gives a complete view of business information to deal with important ache factors that hinder effectivity. By integrating accomplice functions with AVEVA’s proprietary software program, CONNECT delivers a wide selection of digital options inside a single platform, bettering industrial workflows and creating interoperability between software program functions for the good thing about clients. Kim elaborated, “We intention to create an open and agnostic platform, seamlessly integrating AVEVA software program and third-party options. This ensures that all the things plugs in and works collectively easily.”

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

For instance the real-world influence of knowledge sharing by way of CONNECT, Kim shared an instance involving a mining buyer in South Africa. “Our resolution permits them to push information to the cloud, granting their service suppliers and companions entry to important info and enabling enhanced tools efficiency evaluation. Within the mining business, information sharing by way of our platform empowers specialists—similar to universities in South Africa—to supply insights that assist the complete business function extra successfully.”

Information high quality is paramount for CONNECT and data-driven software program options basically; poor-quality information results in subpar outcomes, whereas high-quality information yields beneficial insights for stakeholders. CONNECT gives context to information from a number of linked techniques, enabling better-informed choices. For instance, integrating temperature, course of, and engineering information gives stakeholders a broader context for fixing particular industrial issues.

AVEVA has a major influence on varied industrial sectors; nonetheless, Kim expressed a need to see the corporate develop additional into industries similar 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 information facilities the place AVEVA software program can handle important challenges in high quality and power effectivity functions.

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



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Tags: AVEVAsCusteauEVPKimManagementPortfoliostrategy
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