Dive Summary:
- Ventyx announced a $7 million software licensing deal with the South African utility Eskom Monday.
- The deal will see Eskom use Ventyx's supervisory control and data acquisition/distribution management system (SCADA/DMS) for network monitoring, as well as the Ventyx Equipment Reliability solution at its nuclear power facility in Koeberg.
- Eskom currently generates about 95% of South Africa's electricity, according to the announcement.
From the press release:
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.” ...
