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AVEVA Announces Two New Strategic Partnerships @ its Biggest Ever ‘AVEVA World Conference’

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AVEVA, a global leader in industrial software, today launches AVEVA World 2024 in Paris’ Palais des Congrès. The annual flagship software conference brings together leading industrial companies from across the globe to explore how to generate impact with cutting-edge technology. Executives from key industrial verticals including Power, Chemicals, Minerals and Food & Beverage, will be present.

All with the shared aim of better utilising advanced software to drive stronger business and sustainability outcomes.

During the AVEVA World 2024 press conference, AVEVA‘s CEO, Caspar Herzberg, announced new strategic partnerships with Vulcan Energy Resources (VER) and Oxford Quantum Circuits (OQC).

Vulcan Energy Resources (VER) is committed to become the world’s first lithium company with a carbon neutral footprint through a ground-breaking lithium technology. AVEVA’s new partnership with Vulcan will focus on the Vulcan Energy Resources €1.5billion engineering project in Germany’s Upper Rhine Valley – with AVEVA providing the digital backbone for the project.

This collaboration supports both companies’ commitment to driving digital transformation and sustainability throughout the lifecycle of industrial assets.

VER aims at decarbonising lithium production by developing the world’s first dual lithium chemicals and renewable energy business with net zero greenhouse gas emissions. CONNECT, will be used to enhance collaboration and foster digital agility across the different project phases and industrial assets.

VER will gain access to a comprehensive suite of software solutions tailored to Phase One and future phases. Core components, such as AVEVA’s Contract Risk Management (CRM) and AVEVA Asset Information Management (AIM), as well as AVEVA’s cutting-edge digital twin and Assai’s Document Control and Management system, will enable secure data sharing among multiple stakeholders including contractors.

“This collaboration supports our commitment to driving digital transformation and sustainability throughout the lifecycle of industrial assets. By collaborating with AVEVA, Vulcan can harness the full power of CONNECT to ease collaboration and accelerate the software underpinning their ground-breaking lithium technology.” comments Caspar Herzberg, CEO, AVEVA.

Cris Moreno, CEO of Vulcan Energy Resources, said: “This MoU marks the beginning of a promising long-term collaboration between Vulcan and AVEVA.

“We are delighted to have AVEVA as a key partner in delivering world-leading digital solutions for Phase One of our integrated renewable energy and ZERO CARBON LITHIUM™ Project ecosystem and beyond.”

AVEVA’s new partnership with Oxford Quantum Circuits (OQC) seeks to develop an application of quantum computing in the industrial sector. While still in its infancy, quantum computing is expected to help customers save time and money, as well as reducing power consumption. By partnering with OQC, AVEVA is bringing the power and capability of quantum compute to its customers, enabling them to unlock its potential to solve new and previously thought impossible problems.

Quantum compute is anticipated to deliver an exponential speed-up over classical techniques, as well as generate cost and power consumption reductions: including AI large language models and big data.

When announcing the technology partnership with OQC, a global leader in quantum computing-as-a-service, Caspar Herzberg declared:

“We often hear “Time is Money” but today, there’s a new paradigm: Time is sustainability! The climate crisis is urging industries to accelerate their journey to net-zero. The faster we innovate for a better world, the better.

“Quantum Computing is a game changer in terms of speed, efficiency, and precision. I’m convinced that quantum technology will unlock faster and more sustainable innovation in industries.”

“Quantum computing is set to revolutionise every sector with faster and more nuanced information processing. Through OQC’s capabilities, quantum is now a tangible, accessible asset for businesses like AVEVA to utilise for experimentation. We look forward to unlocking its potential for their customers” added Gerald Mullally, CEO, Oxford Quantum Circuits.

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Telecom

Aliyu Aboki Appointed to Global Submarine Cable Resilience Advisory Body

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West Africa Telecommunications Regulators Assembly (WATRA) has announced that Mr. Aliyu Aboki, its executive secretary, has been appointed as a member of the International Advisory Body for Submarine Cable Resilience.

This body, established by the International Telecommunication Union (ITU) in collaboration with the International Cable Protection Committee (ICPC), aims to bolster the resilience of submarine telecommunication cables that form the backbone of global digital connectivity.

Submarine cables, which carry the majority of the world’s Internet traffic, enable essential global services, including commerce, financial transactions, government operations, digital health, and education. Enhancing their resilience is critical for ensuring continuity in a digitally connected world.

Mr. Aliyu Aboki’s inclusion in the high-level International Advisory Body for Submarine Cable Resilience comes at a critical time when disruptions to digital connectivity in West Africa have highlighted the urgent need to safeguard vital telecommunications infrastructure.

As the Executive Secretary of WATRA, Mr. Aboki brings a wealth of experience and a distinctive regional perspective to the Advisory Body’s mission.

His appointment provides an opportunity for the region to contribute meaningfully to shaping global best practices for the deployment, maintenance, and protection of submarine cables, ensuring a stable and resilient digital ecosystem for millions across the continent.

Speaking on his appointment, Mr. Aboki stated: “The recent disruptions to telecommunications services across West Africa, caused by damage to vital submarine cables, underscore the fragility of our digital infrastructure.

“These incidents, which affected countries such as Côte d’Ivoire, Ghana, Nigeria, and Liberia, resulted in significant connectivity issues and highlighted the urgent need for enhanced resilience in our submarine cable systems.

As Executive Secretary of WATRA, I have witnessed firsthand the critical role that secure and reliable digital connectivity plays in driving economic development, supporting government operations, and enabling access to essential services across the region.

This appointment to the International Advisory Body on Submarine Cable Resilience presents an opportunity to strengthen global collaboration and bring the perspectives of West Africa to the forefront of discussions on protecting these crucial infrastructures.

It is vital that we work together with other experts and stakeholders to develop strategies that ensure submarine cables are more resilient to disruptions, safeguarding the continuity of services that are fundamental to the global digital economy.”

The Advisory Body brings together 40 global leaders, including Ministers, Heads of Regulatory Authorities, industry executives, and experts.

Co-chaired by Dr. Bosun Tijani, Nigeria’s Minister of Communications, Innovation, and Digital Economy, and Prof. Sandra Maximiano, Chair of the Board of Directors of the National Communications Authority of Portugal (ANACOM), the group will work to develop strategies that enhance the security and resilience of submarine cable infrastructure worldwide.

WATRA’s participation in this global effort reaffirms its leadership role in driving policies that prioritize digital connectivity, economic growth, and sustainable development.

By representing the region’s interests, Mr. Aboki will ensure that West Africa continues to play a vital role in shaping the future of telecommunications.


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Netflix Exits Nigerian Movie Market After Eight Years

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Netflix, the international movie streaming giant, has reportedly exited the Nigerian movie market after eight years of operation.

The development was disclosed by renowned Nigerian filmmaker Kunle Afolayan during his speech at the 2024 Zuma Film Festival.

Although Netflix has yet to release an official statement, Afolayan, who has collaborated with the platform on several projects, confirmed the withdrawal, emphasizing that it was intentionally kept away from the public.

Netflix, which launched in Nigeria in 2016, has been a significant player in the local film industry, providing financial support for producing Nigerian content. However, according to Nollywood Wire, the platform officially exited the market in November 2024.

The report states that Netflix informed its frequent collaborators about its decision to scale back on acquiring Nigerian content. The reason for this withdrawal remains unclear, as Netflix has not provided any explanation or statement regarding the move.

The platform’s departure marks a significant shift in the Nigerian film industry, which has relied heavily on streaming services like Netflix for global visibility and funding.


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Telecoms Subscribers to Petition National Assembly Over Controversial 5% Tax

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The National Association of Telecoms Subscribers (NATCOMS) has announced plans to petition the National Assembly over the Federal Government’s renewed push to impose a 5% excise duty on telecommunications services.

The association, representing millions of telecom users in Nigeria, is set to meet on Wednesday to finalize its petition, urging lawmakers to halt any legislative approval of the proposed tax while a court case challenging its implementation is ongoing.

The case, currently before the Lagos Division of the Federal High Court, has been adjourned to March 13, 2025. NATCOMS President, Adeolu Ogunbanjo, told The newsmen on Monday that the petition is necessary to prevent the National Assembly from unknowingly passing the tax into law.

“We are meeting this Wednesday to finalize the arrangement to write the National Assembly. If we don’t inform them that there is a pending court case, the Assembly might unknowingly pass the bill into law. That would be disastrous for subscribers and the industry,” Ogunbanjo said.

NATCOMS has consistently criticized the proposed excise duty as excessive and detrimental to telecom users. Ogunbanjo noted that telecom services are already subject to over 40 different taxes, and adding another levy would significantly increase the financial burden on subscribers. The association’s National Secretary and Legal Adviser, Bayo Omotubora, described the tax as double taxation and unconstitutional.

“The case is before the Lagos High Court and has been adjourned to March 13, 2025. Until a decision is made, implementing this tax would be illegal and unconstitutional. The Federal Government must respect the judicial process,” Omotubora said.

The 5% excise duty is part of a broader tax reform initiative outlined in the proposed “Nigeria Tax Act.” The bill seeks to consolidate tax laws and impose taxes on various transactions, including telecom services regulated by the Nigerian Communications Commission.

Introduced in 2022 under former President Muhammadu Buhari, the tax faced public backlash, leading to its suspension in July 2023 by President Bola Tinubu. However, the government has recently revived the plan to boost revenue amidst economic challenges.

NATCOMS emphasized that the government must wait for the court’s decision before proceeding with the tax. “We are not just fighting for the legality of this tax but also to protect millions of Nigerians who rely on affordable telecom services,” Omotubora added.

The association’s petition to the National Assembly will highlight the ongoing legal battle and the economic implications of the proposed tax. “The Federal Government must respect the judicial process and suspend any action on this tax until the matter is resolved in court,” Ogunbanjo said.

NATCOMS has called on stakeholders to join its fight against the tax, describing it as an unnecessary burden on telecoms subscribers and the industry.


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