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Aveva

From Wikipedia, the free encyclopedia


AVEVA Group plc

Type

Holding company
(Public limited company)

Traded as

LSE: AVV
Information Technology
Technology consulting
Industry
CAD/CAM Software
Enterprise Solutions
Founded
1967 (Cambridge)
High Cross, Madingley Road,
Headquarters
Cambridge, UK
Area served
Worldwide
Philip Aiken,[1] (Chairman)
Richard Longdon,[1] (CEO)
Key people
James Kidd,[1] (CFO)
Derek Middlemas,[2] (COO)
Dave Wheeldon,[2] (CTO)
Products
See below
Revenue
237.3 million (2014)[3]
Operating income 68.5 million (2014)[3]
Net income
51.0 million (2014)[3]
Number of
1,600 (2013)
employees
Website
www.aveva.com
AVEVA Group plc[4] is a British multinational information technology company headquartered
in Cambridge, United Kingdom. It provides engineering design, information management
solutions, and CAD/CAM software; including specialised technology consulting services for the
plant, power and marine industries. AVEVA grew out of the government funded Computer-Aided
Design Centre which was established in 1967.
AVEVA is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Contents

1 History
o 1.1 Acquisitions

2 Operations

3 Products and services


o 3.1 Plant solutions
o 3.2 Marine solutions
o 3.3 Enterprise solutions

4 Marketing and branding

5 Leadership

6 References

7 External links
o 7.1 Official
o 7.2 Other

History
The origins of AVEVA starts in 1967 in Cambridge, UK; with the establishment of The
Computer-Aided Design Centre or CADCentre as it was more commonly referred to, and later
formally became. It was a government-funded research institute created by the UK Ministry of
Technology,[5][6] with a mission to develop computer-aided design techniques, and promote their
take-up by British industry. Its first director was Arthur Llewelyn, who initially contracted out
the recruitment and management of specialist staff to ICL.
The centre carried out much pioneering CAD research, and many of its early staff members went
on to become prominent in the worldwide CAD community; such as brothers Dick Newell, and
Martin Newell. Dick Newell oversaw the creation of the Plant Design Management System
(PDMS)[6] for 3D process plant design; and later co-founded two software companies
Cambridge Interactive Systems (CIS) which was known for its Medusa 2D/3D CAD system, and
Smallworld with its eponymous Smallworld GIS (Geographical Information System). Martin

Newell later went to the University of Utah where he did pioneering 3D solid modelling work;
he was also one of the progenitors of PostScript.
Along with the Cambridge Science Park, CADCentre was one of the original companies
involved in what became known as the Cambridge Phenomenon[5] the transformation of
Cambridge from a University town into one of the world's high technology centres within a few
years in the late 1970s and early 1980s.
CADCentre became a private company in 1983,[6] was the subject of a management buyout[7] in
1994[8] and became a publicly quoted company in 1996.[8] It changed its name to AVEVA in 2001.
[9]

Acquisitions

On 21 April 2004, the company acquired Tribon Solutions, a global supplier of Tribon, a
IT solutions for shipbuilding and marine design for US$35 million. The acquisition was
completed on 19 May 2004.[10]

On 31 March 2005, the company acquired Realitywave, Inc., developers of a web


collaboration & streaming platform for 3.2 million.[11]

On 30 March 2009, AVEVA announced the acquisition of iDesignOffice Pty Ltd, an


instrumentation engineering technology company based in Melbourne, Australia,
specialising in products for plant and marine industries.[12]

On 3 June 2010, AVEVA Solutions Ltd, a wholly owned unit of AVEVA Group plc,
announced the acquisition of Logimatics MARS business from Logimatic Holdings A/S
for GBP12.8 million. This acquisition was completed on 30 June 2010 & MARS
products and services were merged into AVEVA's Enterprise Solutions Group and aligned
with its flagship AVEVA NET solution.[13]

On 3 June 2010, AVEVA Solutions Ltd acquired the oil and gas business from ADB
Systemer AS, a Sola- based provider of operations integrity management software aimed
at owner operators in the Oil and Gas industry.[13]

On 3 October 2011, AVEVA announced the acquisition of LFM (Light Form Modeller)
software division of Z+F UK Limited which allowed it to expand into the 3D data
capture market.[14]

On 23 May 2012, AVEVA announced the acquisition of the Belgium and Germany based
Bocad group of companies ("Bocad") a provider of Building information modeling
(BIM)[15] software for GBP14 million. The acquisition strengthened AVEVA's 3D
structural detailing capabilities for the plant, marine and construction markets.[16]

On 17 December 2012, AVEVA announced the acquisition of all assets relating to the
advanced visualisation and simulation software of Huntsville, Alabama- based Global
Majic Software, Inc (GMS).[17]

On 5 January 2015, AVEVA announced the acquisition of Derry- based 8over8 Limited
for GBP26.9 million. 8over8 provides contract risk management software - ProCon - for
the oil, gas and mining, and other infrastructure industries.[18][19]

Operations
AVEVA has about 46 offices in more than 25 countries.[20] It is organised as follows:[21]

North America (based in Houston, United States)

Latin America (based in Rio de Janeiro, Brazil)

Asia Pacific (based in Kuala Lumpur, Malaysia)

Europe, Middle East & Africa (based in Sulzbach, Germany)

AVEVA is currently seeking to improve its market share in the United States[22] and BRIC[23][24]
countries.

Products and services


The company provides engineering design, information management solutions, technology
services, and CAD/CAM software for the engineering industries. It offers the following products
and services:

Plant solutions
The plant solutions[25] division develops and manages an integrated suite of products for
engineering, design and design management of complex engineering projects in the oil & gas,
process plant and power generation industries
The products include principal software solution, AVEVA PDMS : a customisable, multi-user
and multi-discipline, engineer controlled 3D CAD software package.[26]

Marine solutions
The marine solutions[27] division caters to the Shipbuilding & offshore industries. It develops and
manages an integrated suite of products for engineering, design, production, maintenance and
operation of complex ships and offshore vessels.

Enterprise solutions
The enterprise solutions division provides specialised technology consulting services and
manages enterprise-level software applications as well as related project management,
management consulting services that deliver information management capabilities, across
existing AVEVA products, third-party applications, or any combination of these.[28]
Its flagship information management solution is AVEVA NET.[29]

Marketing and branding


AVEVA marketing campaigns have the slogan "Continual Progression".

Leadership
Recent leadership of the company has been:

Chairman (Non-Executive):
o Richard King (August 1994 March 2006)[30][31]
o Nick Prest (March 2006 - July 2012)[31][32][33]
o Philip Aiken (July 2012 present)[33]

Chief executive officer (CEO):


o Richard Longdon (Dec 1999 present)[7][34]

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