Ventyx Closes $7 Million Deal with Africa’s Largest Electricity Provider
ATLANTA, Aug. 6, 2012 /PRNewswire/ — Ventyx, an ABB company, today announced it has signed two significant software license agreements worth more than $7 million with the South African utility, Eskom. Under the new agreements, Eskom will undertake the largest implementation in Africa of Ventyx’s supervisory control and data acquisition/distribution management system (SCADA/DMS) for real-time network monitoring and control of electric power operations.
In addition, Eskom will deploy the Ventyx Equipment Reliability solution in its Koeberg nuclear power station, the only nuclear power plant in Africa. Ventyx Equipment Reliability is designed to help improve processes, equipment reliability and performance within power generation, transmission and distribution operations.
“The new contracts represent a significant expansion of Ventyx’s footprint within Eskom and further cements our leadership in Africa’s fast expanding electrical utility market,” said Johan Engelbrecht, sales director Africa, Ventyx. “With an increasingly urban population, demand for electricity in Africa is rising fast, increasing pressure on utilities to maximize the availability and efficiency of their networks. Ventyx network management and equipment reliability solutions help utilities reduce operating and maintenance costs while improving reliability of service.”
Eskom is among the top seven utilities in the world in terms of generation capacity, and among the top nine in terms of sales volume. The utility generates approximately 95 percent of the electricity used in South Africa, and approximately 45 percent across all Africa. It generates, transmits and distributes electricity to industrial, mining, commercial, agricultural and residential customers and redistributors.
Ventyx, an ABB company, is a world-leading supplier of Industrial Enterprise Software for essential industries such as energy, mining and public infrastructure. Ventyx solutions bridge the gap between information technologies (IT) and operational technologies (OT), enabling clients to make faster, better-informed decisions in both daily operations and long-term planning strategies. Some of the world’s largest organizations rely on Ventyx solutions to minimize risk, enhance operational and financial performance, and execute the right strategies for the future. For more details, see www.ventyx.com.