Aveva (London; www.aveva.com) announced that it has acquired production accounting software from South Korean based company MESEnter to extend Aveva's value chain optimization solution.
MESEnter's software offering, previously branded MES ENTER ErrorSolver and now rebranded Aveva Production Accounting, has been proven and tested by major producers in the continuous process industries since 2005. It helps improve accuracy of planning models, manage operations performance, identify loss detection and faulty instrumentation and ultimately move operations towards a plant-wide reconciliation.
"AVEVA's leadership in optimizing across the value chain continues to create new opportunities as part of the digital transformation of refinery, petrochemical and mining operations," said Harpreet Gulati, Senior Vice President, Planning and Operations at AVEVA. "The addition of this technology also provides another integral piece in AVEVA's process operations portfolio."
The newly added software will enable AVEVA to further drive profitability across the value chain for its customers. AVEVA Production Accounting software furthers AVEVA's commitment towards its Value Chain Optimization strategy to help customers eliminate information silos and integrate critical business processes across their operations.