What is AVEVA Asset Strategy Optimization
AVEVA Asset Strategy Optimization empowers you to develop a risk-based asset strategy to achieve optimal performance. Gain a comprehensive understanding of critical assets, failure behaviors and mitigating actions. Simulate maintenance strategies and assess their impact on your business objectives including asset availability, HSE compliance, productivity, profitability and sustainability.
Optimize your asset performance strategy
30%
Decrease in CAPEX
50%
Reduction in maintenance and inspection cost
25%
Reduction in spare parts cost
15%
Increase in asset availability
Benefits
Optimize maintenance plans
Gain a deep understanding of how critical assets impact business success
Simulate investment strategies
Build a strong business case for digital transformation with a clear ROI
Lower your carbon footprint
Gain insight into your current CO2 footprint and long-term environmental impact
Features
Root cause analysis (RCA)
With comprehensive built-in root cause analysis, you can log incidents, define solutions and prevent problems. On average, users achieve 1:30 ROI within a year.
Reliability-centered maintenance (RCM)
Improve decision making by prioritizing assets based on business risk. Gain a deep understanding of failure behavior and mitigating actions to prioritize your asset strategy in relation to company objectives. Simulate different asset strategies over the full asset lifecycle, helping you find the perfect balance between cost versus risk.
Spare part optimization
Optimize inventory management related to your critical assets and realize significant savings in downtime and stock management.
Asset strategy library
Built with 20 years of equipment reliability data, AVEVA’s Asset Strategy Library accelerates deployment time by up to 90%, securing return on investment faster than ever.
Simulation for optimization
By simulating different asset strategies over the full asset lifecycle, you can make better decisions. Simulations help you find the perfect balance between cost and risk.
Web-based user interface
Collaborate with experts and non-experts alike with an interface that guides users through the RCM process. Consistent, newly revamped display screens show users what has been done and what still needs to happen. The new web-based design lets multiple engineers share asset data simultaneously directly through the interface, cutting RCM study times in half.
How you can use AVEVA Asset Strategy Optimization
Balance risk, cost and performance
Maximize asset performance while minimizing costs and risks. By focusing on the most critical assets and failure modes, you can prioritize maintenance efforts where they deliver the most value. With a structured approach, you can put reliability at the heart of your operations and extend asset life, all while ensuring safety and compliance.
Build strong business cases
Leverage AVEVA Asset Strategy Optimization to build a strong business case for digital transformation with a clear ROI. Use its strategic decision-making capabilities to guide investment strategies that meet or exceed your sustainability goals.
Lower your carbon footprint
Gain insight into your current CO2 footprint and simulate multiple strategies and interdependencies to calculate long-term environmental impact. Identify improvement opportunities and evaluate their effects on sustainability, ensuring your operations meet ambitious sustainability targets.
Optimize inspection plans
Risk based inspection (RBI), powered by Amethyste, helps optimize inspection plans for pressure vessels, heat exchangers and piping. Clearly identify failure probability and consequences to prolong inspection intervals while guaranteeing compliance with environmental and safety regulations.
FAQs
AVEVA Asset Strategy Optimization enables organizations to actively design and optimize asset strategies based on their environmental impact. The solution provides clear visibility into the current CO₂ footprint of assets and operations, and allows teams to simulate multiple maintenance and investment strategies to understand their long-term environmental impact. This makes it possible to evaluate trade-offs, for example between reducing travel-related emissions and increasing energy consumption, and choose the most sustainable path forward.
By identifying which decisions deliver the highest CO₂ reduction, the solution highlights targeted improvement opportunities such as clustering maintenance activities or shifting to predictive maintenance approaches. These insights help organizations meet or exceed sustainability KPIs while maintaining operational performance.
Ultimately, AVEVA Asset Strategy Optimization acts as a strategic decision support tool, guiding investment and maintenance strategies to ensure operations are both efficient and aligned with sustainability and emissions reduction goals.
Traditional maintenance approaches are often based on fixed schedules, historical practices, or isolated data, without fully accounting for asset criticality, risk, and business impact. AVEVA Asset Strategy Optimization operates at a different level. It is not a maintenance planning or scheduling tool, but a strategic, risk-based decision solution that defines what the optimal maintenance strategy should be.
The solution applies methodologies such as FMEA, RCM, and risk-based inspection to evaluate failure modes, quantify risk, and simulate different strategies across cost, performance, and sustainability outcomes. This allows organizations to understand the impact of decisions before they are implemented.
Rather than creating plans, AVEVA Asset Strategy Optimization determines the most effective maintenance policies. These strategies can then be executed through existing EAM or maintenance planning systems.
This enables organizations to move beyond static, time-based approaches and adopt a structured, optimized strategy that improves reliability, reduces cost, and aligns asset decisions with broader business and sustainability objectives.
AVEVA Asset Strategy Optimization is designed for any organization that relies on physical assets to run its operations and faces increasing pressure to balance cost, risk, performance, and sustainability.
Across industries, companies struggle with the same core challenges. Maintenance is often based on fixed schedules or fragmented data, leading to unnecessary work in some areas and unexpected failures in others. At the same time, teams are expected to reduce costs, improve reliability, meet stricter compliance requirements, and deliver on sustainability targets.
AVEVA Asset Strategy Optimization addresses these challenges by providing a structured, risk-based approach to decision making. It enables organizations to understand which assets truly matter, what the consequences of failure are, and which actions will have the greatest impact on performance and cost.
Whether in energy, manufacturing, infrastructure, or beyond, the value comes from moving away from reactive or time-based maintenance toward a more informed, optimized strategy. This allows organizations to improve asset reliability, reduce unnecessary interventions, and align maintenance decisions with broader business and sustainability objectives.
AVEVA Flex subscription program is a simple credits-based system that spans any mix of cloud, hybrid, and on-premises solutions across the AVEVA portfolio. You are in control with a pay-as-you-use approach that allows you to easily scale your solution set.
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