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Portfolio Strategy With AVEVA’s EVP Portfolio Management Kim Custeau

4 May 2025
in Metaverse
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In a quiet room, away from the hustle and bustle of commercial 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 objectives with the precise merchandise and adjustments. We give attention to defending and nurturing our current 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 gives on-demand cloud companies, enabling groups worldwide to collaborate in real-time throughout numerous industrial ecosystems. As an efficient instrument 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 comparable to manufacturing, marine, and power.

CONNECT gives a complete view of commercial information to handle essential ache factors that hinder effectivity. By integrating accomplice purposes with AVEVA’s proprietary software program, CONNECT delivers a big selection of digital options inside a single platform, enhancing industrial workflows and creating interoperability between software program purposes for the advantage of clients. Kim elaborated, “We goal 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 easy accessibility by means of user-friendly API integration and a neighborhood characteristic that facilitates sharing insights and information.

For instance the real-world impression of information sharing by means 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 essential info and enabling enhanced gear efficiency evaluation. Within the mining trade, information sharing by means of our platform empowers consultants—comparable to universities in South Africa—to offer insights that assist your entire trade function extra successfully.”

Information high quality is paramount for CONNECT and data-driven software program options typically; 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 programs, 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 big impression on numerous industrial sectors; nonetheless, Kim expressed a need to see the corporate broaden additional into industries comparable to marine, notably 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 essential challenges in high quality and power effectivity purposes.

Trying forward, AVEVA plans to incorporate purposes 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 may simply see throughout my brief time on the occasion.



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