Cognite, a global provider in industrial software, has extended its long-term frame agreement with OMV, the integrated oil, gas, and chemicals company headquartered in Vienna/Austria.
What does the partnership mean for OMV?
Leveraging Cognite’s Industrial DataOps platform, Cognite Data Fusion®, OMV will expand its digital transformation program, DigitUP, to include a more robust Asset Performance Management (APM) solution, strengthening its position as a digital leader. The collaboration will accelerate OMV’s digital transformation and drive operational improvements to make the firm more effective and unlock data-driven business opportunities along its entire value chain.
Cognite Data Fusion® is an integrated part of OMV’s enterprise architecture, and the platform is used to liberate and consolidate data of surface data domains. OMV has built several use cases and applications on top of this liberated data and can now easily scale up to physical assets. In addition, Cognite Data Fusion® is also key to contextualizing data across OMV’s ecosystem to accelerate the development and adoption of digital applications.
Cognite Data Fusion® powers OMV’s surface data hub and enables scaling of digital solutions across assets in Austria, New Zealand, and Romania. The collaboration thus far has resulted in the deployment of solutions within production and maintenance optimization leading to a reduced time needed to plan inspections by 50% and 6% deferment savings on production.
OMV will now be able expand its APM capabilities to include integrity management, as well as integration with computerized maintenance management systems for integrated activity planning across different operations disciplines. This expansion of DigitUP will empower users in maintenance, inspection, operations, and sustainability roles with a robust suite of digital solutions to support their decision-making, reduce costs, and maximize asset performance.
What does the partnership mean for Cognite?
“We are excited for the next phase of our collaboration with OMV. As APM rapidly evolves from pure maintenance to a more holistic look at an operation’s reliability and sustainability, the complexity of data, analysis, and digital solutions to support it also grows,” commented Dr. John Markus Lervik, co-founder and Chief Strategy & Development Officer at Cognite.
“OMV is tackling this challenge head-on, and we are proud to support their continued commitment to being a leader in digitalization in the industry,” Dr. John Markus Lervik said.
Learn more about how OMV uses Cognite Data Fusion® here.