L&T, AVEVA sign Teaming Agreement

Last Updated: Wed, Jan 09, 2013 15:51 hrs

Mumbai, Jan 9 (IBNS) Larsen & Toubro Integrated Engineering Services (L&T IES) and AVEVA announced on Wednesday that they have entered into an agreement which will enable Owner Operators and EPCs to take advantage of their highly complementary skills in the delivery of integrated information management solutions and associated asset data cleansing services.

L&T IES and AVEVA will work together on a number of joint opportunities where the combination of L&T IES' unrivalled asset data collection, cleansing and validation service complements AVEVA's suite of proven enterprise solutions.

The combined service enables clients to fully exploit their information assets and achieve business benefits by mitigating operational risk, improving project schedules and reducing maintenance and operational costs.

Commenting on this partnership, Dr. Keshab Panda, Chief Executive, L&T IES, said, "Our aim is to develop relationships that drive business growth for all parties and we are highly confident that together we can deliver maximum value to our partners and clients through this alliance."

Richard Longdon, Chief Executive Officer, AVEVA, said, "I´m very pleased that L&T IES are partnering with AVEVA. They are a recognised leader in the delivery of asset information management services who can provide the required scale and expertise to support the increasing demand for AVEVA's Enterprise Solutions."

L&T IES is a strategic business unit of Larsen & Toubro.

L&T IES offers services in plant & construction engineering, asset information management and engineering process support to industry segments including chemicals, oil & gas, pharmaceuticals, minerals and metals and consumer packaged goods.

AVEVA is a leader in engineering design and information management solutions for the plant, power and marine industries.

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