Ventyx Announces Extended Portfolio and Management Team

ATLANTA, Aug. 11 /PRNewswire/ -- Ventyx, an ABB company, today announced its extended portfolio as a software-focused business enterprise catering to the needs of utility, industry and commercial customers. Headquartered in Atlanta in the United States, and now part of ABB's Network Management business unit, the enterprise will retain the existing Ventyx brand, as well as key members of its executive leadership team.

Ventyx will maintain its full suite of solutions, including asset and mobile workforce management, customer care, energy commercial operations and energy analytics. In addition, the portfolio will now be extended through ABB's network management software. This includes applications like SCADA/EMS/ GMS (Supervisory Control And Data Acquisition /Energy Management System/Generation Management System), SCADA/DMS (Distribution Management System), outage management system (OMS), market management system (MMS) and related services.

Ventyx will continue to focus on all core markets, including energy, utility and communications, as well as select asset-intensive industries, in order to maintain leadership in key areas such as:

• Power Generation – enabling clients to intelligently buy, plan, schedule and operate diverse generation resources such as nuclear new build, renewables and other distributed assets.
• Transmission & Distribution – enabling power, water and gas utilities to manage assets and ensure safe and reliable delivery of energy; integrating demand response management, DMS, OMS, mobile workforce management and Volt-Var optimization systems to create the industry's most comprehensive suite for managing smart grid implementations.
• Communications – continuing to develop mobile workforce management solutions for telecommunications, cable and broadband providers to streamline work processes and improve customer satisfaction.
• Chemical, Oil & Gas – helping clients meet energy demand, tighten regulatory/safety compliance, improve environmental citizenship and mitigate the volatility of fuel supplies.

Vince Burkett will continue as CEO of Ventyx and will be responsible for the overall business. Steve Carpenter, as Chief Operating Officer, will be responsible for all operations, Charles Goodman will be Executive Vice President for global sales, and Joe Matamoros will be Senior Vice President of Finance.

"The coming together of ABB and Ventyx significantly widens our offering scope and expands one of the world's broadest suites of utility-specific software systems to create a market leadership position," said Burkett. "Furthermore, it enables us to leverage our combined resources to deliver a broader, richer and more integrated platform for all of our customers."

About Ventyx

Ventyx, an ABB Company, (www.ventyx.com) is a leading business solutions provider offering software, data and advisory services. The offerings comprise a broad range of solutions to address the most critical utility and power companies' needs, including asset management, customer care, energy analytics, energy operations, energy trading and risk management, mobile workforce management and network management.

About ABB

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 117,000 people.

Ventyx is a registered trademark of Ventyx Inc. Other company and product names may be trademarks of the respective companies with which they are associated.

SOURCE Ventyx