AVEVA to present advantages of industrial digital transformation for a low carbon world in WEF 2023

Peter Herweck, AVEVA CEO, will participate in the World Economic Forum 2023 (WEF 2023) in Davos, Switzerland to promote a sustainable industrial digital transformation in support of lower carbon, socially just world.

Peter Herweck said “AVEVA’s software has played an active role in accelerating the sustainability transition for industrial businesses for many years. At Davos this year, I look forward to meeting with government, business and civic leaders to discuss how global partnerships – including between the public and private sector – can deliver systematic and sustainable use of the world’s resources and achieve a more equitable future for us all.”

Herweck and strategic partner Schneider Electric will explore the critical role of digital transformation for the energy transition and shed light on how the industrial metaverse will drive sustainable innovation at scale at WEF 2023, where the topic is “Cooperation in a fragmented world.” Additionally, since AVEVA is a participant in both programmes, he will attend gatherings hosted by the WEF’s First Movers Coalition and the Alliance of CEO Climate Leaders.

According to the WEF’s Global Risks Report in 2022, government and business leaders rank climate action failure as the number-one long-term threat to lives and livelihoods.

Herweck said “Digital transformation has repeatedly proved its role in building resilience and agility for large government organizations and small start-ups alike. But its capabilities go much further. We are now in the middle of what the United Nations calls a critical decade of action. To achieve a more equitable, net-zero world, we must align our business strategy to the low-carbon transition and accelerate climate action through core business activities.”

He added “Fourth Industrial Revolution technologies such as artificial intelligence, data sharing and the industrial metaverse are essential to accelerating the development of climate-positive industries of the future. AVEVA’s solutions, sited at the nexus of the digital and sustainability revolutions, are perfectly poised to deliver the low-emission value chains that are essential to capitalizing on the green growth opportunities ahead of us.”

WEF will take place From January 16 to January 20, 2023, in Davos, Switzerland. More than 2,000 leaders and professionals from all over the world assemble for the yearly summit to enhance the state of the world.