Lecture: April 22, 2014


Managing a 19th Century Grid with 21st Century Intelligent Technology

Jeff Ray, Ventyx/ABB


Jeff Ray is chief executive officer of Ventyx, appointed in June 2012. Ray joins Ventyx from Dassault Systèmes, a $2.4 billion software firm, where he served as executive vice president of geographic operations and was a member of the firm’s executive committee. Ray also served as COO and subsequently CEO of SolidWorks, a global engineering software firm and division of Dassault Systèmes. Earlier he held leadership positions at software companies Progress Software and Compuware Corporation. Ray began his career at IBM, holding numerous sales and management positions over 17 years. Cumulatively, Jeff brings more than 30 years of management experience in the global enterprise software industry.


There is incredible opportunity for asset-intensive energy companies to become more profitable, sustainable and competitive. Historically, this industry adopted new technology and changed in a measured, cautious manner. Now, utility and energy players are faced with new, fast-moving challenges that innovation can address. By connecting the operational technology of sensors and automated equipment with the information technology in the back office, these operators gain new insight, make better decisions and magnify their success.

Ventyx, an ABB company, is the leading enterprise software and service partner for the world’s asset intensive industries, such as energy. 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.

Lecture Notes

Presentation on Asset Management by Jeff Ray (pdf)