Invensys Operations Management acquires Spiral Software
December 2012
News
Invensys Operations Management has announced that it has acquired Spiral Software, a privately held company headquartered in Cambridge, United Kingdom. Founded in 1998, Spiral Software provides integrated solutions ranging from crude assay management to refinery supply chain optimisation, enabling clients to make the best possible choices in trading and refining crude oil. Spiral’s industry-leading crude oil knowledge management tools help companies track the quality of feedstock and predict their refining behaviour. Fully-integrated refinery planning and scheduling help optimise production plans based on real-time crude demand and market pricing, as well as the refinery’s own capacity and supply chain constraints.
“Acquiring Spiral Software strengthens our leadership position in the hydrocarbon processing industry and reinforces our commitment to helping our HPI customers optimise all aspects of their business operations,” said Mike Caliel, president and chief executive officer, Invensys Operations Management. “Spiral software further extends our refinery optimisation solutions in support of our global installed base and gives us the most comprehensive portfolio in the refining and petrochemical industries. By continuing to expand our portfolio, we are well positioned to compete on global pursuits in these strong and growing markets.”
Spiral Software’s crude oil knowledge-management tools provide accurate and timely crude oil information across an enterprise, from ranking crude oils in trading to optimising refinery processes and maximising reliability. Spiral Software’s planning and scheduling solution provides a collaborative, multi-user environment for sharing common data and models across all supply chain work processes. Planning activities, such as crude purchasing and product sales, can now be flexed continuously with the production schedule, reacting to market and operating conditions. In parallel, scheduling decisions can be made with an understanding of their commercial impact while avoiding boxed-in scenarios. Its integrated risk-analysis feature enables users to look across many different planning and scheduling scenarios, helping refiners understand their exposure to changes in feedstock costs, product demand and refinery operations.
The business will continue to be managed by Spiral Software’s existing executive team, adding employees to Invensys operations in the United Kingdom and North America.
For more information contact Jaco Markwat, Invensys Operations Management, +27 (0)11 607 8100, [email protected], www.iom.invensys.co.za
Further reading:
4Sight OT Automation achieves prestigious AVEVA Endorsed Partner status
News
4Sight OT Automation, a leading industrial software solutions provider, has achieved Endorsed Partner status within the AVEVA Partner Network.
Read more...
Schneider Electric announces 2023 Global Alliance Partner Programme award winners
Schneider Electric South Africa
News
Schneider Electric has announced the winners of the 2023 Global Alliance Excellence Awards. Throughout 2023, Schneider Electric’s Alliance Partners supported customers in the digitalisation of industrial automation, delivering value with innovative initiatives, solutions and services.
Read more...
Custom containerised lubrication dispensing system
News
Bosch Rexroth Africa recently supplied and installed a customised environmentally friendly and dust-proof lubrication dispensing system for a leading earth-moving equipment supplier.
Read more...
Siemens to acquire industrial drive technology business of ebm-papst
Siemens South Africa
News
Siemens has signed an agreement to acquire the industrial drive technology business of ebm-papst. The business includes intelligent, integrated mechatronic systems in the protective extra-low voltage range and innovative motion control systems.
Read more...
Bearings International fosters a segment strategy
Bearings International
News
Bearings International has a segment approach to the market, which places an intentional focus on key industries in South and sub-Saharan Africa in a bid to optimise operations, enhance uptime, and drive business sustainability and increased profitability outcomes for customers.
Read more...
Local robotics team’s journey to the world stage
News
In the heart of Cape Town, a group of young visionaries aged 12 to 17 is making waves in the world of robotics. Known as Texpand, this team from Pinelands has not only dominated the First Tech Challenge (FTC) in South Africa, but has also earned international acclaim for its innovative approach to engineering and problem solving.
Read more...
RS Group expands by 10 000 products
RS South Africa
News
RS South Africa has announced its Better World Claims Based Framework, enabling customers to select verified sustainable product alternatives. This provides suppliers with a standardised framework to accelerate the development and manufacture of more sustainable and responsible products.
Read more...
IRP 2023 could reset SA’s social and economic problems
News
ACTOM recently held a webinar on the ‘Draft IRP2023 Impact on the Manufacturing Sector’. South Africa’s Draft Integrated Resource Plan 2023 is a key document that outlines a comprehensive strategy for addressing the country’s energy security challenges, while also setting out its transition to a diversified energy mix, including renewables.
Read more...
Young scientists to showcase innovative research
News
Innovative South African research which includes a cost-effective triage test for real-time detection of TB and a nature-based technology that brings about environmental remediation, will be showcased at this year’s International Festival of Engineering, Science and Technology in Tunisia.
Read more...
Moog takes a leadership position in lunar exploration
News
NASA is planning for a sustained human presence on the Moon, and resources such as water could eventually be harnessed from the lunar surface instead of being transported from Earth, and it has turned to industry to find ways to excavate and transport that icy regolith.
Read more...
printer friendly version