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Home Metaverse

Portfolio Strategy With AVEVA’s EVP Portfolio Management Kim Custeau

June 12, 2025
in Metaverse
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Portfolio Strategy With AVEVA’s EVP Portfolio Management Kim Custeau
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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 Govt Vice President of Portfolio Administration at AVEVA.

Keen to start our dialog, Kim clarified her position 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 correct merchandise and adjustments. We concentrate on 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 software for predicting outcomes and enhancing effectivity, CONNECT permits customers to share trade knowledge on the cloud, enhancing workflow fashions and driving digital transformation throughout sectors corresponding to manufacturing, marine, and power.

CONNECT gives a complete view of business knowledge to deal with important ache factors that hinder effectivity. By integrating accomplice purposes 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 purposes for the good thing about prospects. Kim elaborated, “We purpose to create an open and agnostic platform, seamlessly integrating AVEVA software program and third-party options. This ensures that every little thing plugs in and works collectively easily.”

For customers, CONNECT simplifies the method: with a single click on, prospects can publish their industrial knowledge to the cloud, permitting third events quick access via user-friendly API integration and a neighborhood characteristic that facilitates sharing insights and knowledge.

As an instance the real-world impression of information sharing via CONNECT, Kim shared an instance involving a mining buyer in South Africa. “Our resolution permits them to push knowledge to the cloud, granting their service suppliers and companions entry to important info and enabling enhanced tools efficiency evaluation. Within the mining trade, knowledge sharing via our platform empowers consultants—corresponding to universities in South Africa—to offer insights that assist your entire trade function extra successfully.”

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

AVEVA has a major impression on numerous industrial sectors; nonetheless, Kim expressed a want to see the corporate broaden additional into industries corresponding to marine, notably 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 knowledge facilities the place AVEVA software program can handle important 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 growing the worth it gives to prospects. 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 yr,” a sentiment I may simply see throughout my brief time on the occasion.



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