VCARB inks new deal with Octave

Italian Formula One team Visa Cash App Racing Bulls (VCARB) has announced a new multi-year partnership with enterprise software company Octave, who will join the team as their Official Asset Lifecycle Management Partner. The deal will see VCARB use Octave’s management platform, Octave Attune, to help the team track asset availability, monitor equipment health and plan maintenance schedules with the goal to enhance coordination on track and back at the factory. 

Alan Permane, Team Principal at Visa Cash App Racing Bulls, commented,

“Partnering with Octave is another key step within VCARB’s operations environment. Nowadays, more than ever, Formula One is an extremely competitive and challenging sport, and everything has to run smoothly across the departments during all the operational processes. This new collaboration gives us the confidence that every asset and decision is tuned for performance.”

Mattias Stenberg, Chief Executive Officer at Octave, said,

“Formula One is a real-world test of operational excellence. This partnership is about reliability, readiness and execution. By connecting operational data into a single intelligence layer, we help VCARB make better decisions earlier, reduce disruption and perform consistently at the limit.”