AVEVA and Schneider Electric’s Industrial Software Biz Combine
Jane Alexander | March 1, 2018
AVEVA (Cambridge, UK) announced today that it has combined with Schneider Electric’s industrial-software business to drive digital transformation across the asset and operational life cycle for capital-intensive industries.
The move brings together AVEVA’s design, engineering, and construction capabilities with the expansive Schneider Electric software portfolio, which ranges from simulation to real-time manufacturing-operations management. Pursuant to today’s announcement, the focus is now on seamlessly integrating the two businesses to best serve and support customers, partners, and employees and firmly establish AVEVA as a global leader in engineering and industrial software. Further details will be available following finalization of the strategic plan.
Headquartered in Cambridge, UK, AVEVA has more than 4,400 people working at 80 locations in 40+ countries around the world. Industries served includes chemical; food and beverage; infrastructure and smart cities; life sciences; mining, minerals and metals; oil and gas (upstream, mid-stream and downstream); power and utilities; shipbuilding; water and wastewater.