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Home Metaverse

Portfolio Strategy With AVEVA’s EVP Portfolio Management Kim Custeau

03/05/2025
in Metaverse
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Portfolio Strategy With AVEVA’s EVP Portfolio Management Kim Custeau


In a quiet room, away from the hustle and bustle of commercial innovators at AVEVA World 2025, I sat down with Kim Custeau, the Govt 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 accountable for portfolio technique, aligning the enterprise targets with the best merchandise and adjustments. We give attention to 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 software for predicting outcomes and enhancing effectivity, CONNECT permits customers to share trade information on the cloud, enhancing workflow fashions and driving digital transformation throughout sectors akin to manufacturing, marine, and power.

CONNECT gives a complete view of commercial information to deal with crucial 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, enhancing 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 every part 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 via user-friendly API integration and a group function that facilitates sharing insights and information.

As an example the real-world impression of knowledge sharing via 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 crucial info and enabling enhanced tools efficiency evaluation. Within the mining trade, information sharing via our platform empowers consultants—akin to universities in South Africa—to supply insights that assist all the trade function extra successfully.”

Knowledge high quality is paramount for CONNECT and data-driven software program options generally; poor-quality information results in subpar outcomes, whereas high-quality information yields helpful insights for stakeholders. CONNECT supplies context to information from a number of related 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 impression on varied industrial sectors; nonetheless, Kim expressed a need to see the corporate develop additional into industries akin to marine, significantly shipbuilding. “Doing extra within the marine sector means forging stronger partnerships, amplifying our message, and integrating deeper into shipyard operations,” she acknowledged. 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 tackle crucial 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 clients. 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 12 months,” a sentiment I may simply see throughout my quick time on the occasion.



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