Aveva
AVEVA Group plc[4] (LSE: AVV) is a British multinational company headquartered in Cambridge, United Kingdom. It provides engineering design, information management solutions, and CAD/CAM software along with technology consulting services for the Plant , Power and Marine industries.
It is listed on the London Stock Exchange and a constituent of the FTSE 250 Index.
History
The Computer-Aided Design Centre (or CADCentre as it was more commonly referred to, and later formally became) was created in Cambridge, UK in 1967 by the UK Ministry of Technology.[5] Its mission was 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)[5] 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 – 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,[5] was the subject of a management buyout [6] in 1994[7] and became a publicly quoted company in 1996.[7] It changed its name to AVEVA in 2001.[8]
Operations
AVEVA has about 50 branch offices in 39 countries. It is organised as follows:[9]
AVEVA is currently seeking to improve its market share in the United States[10] and BRIC [11] countries.
Products, services, and solutions
The company provides engineering design, information management solutions, technology services, and CAD/CAM software for the engineering industries.
The products, services, and solutions it offers are the following:
Plant solutions
The plant solutions [12] 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 customizable, multi-user and multi-discipline, engineer controlled 3D CAD software package [13]
Marine solutions
The marine solutions [14] 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 specialized 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. [15]
Its flagship information management solution is AVEVA NET[16].
Marketing and branding
AVEVA marketing campaigns have the slogan "Continual Progression"
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.[8]
- On 31 March 2005, the company acquired Realitywave, Inc., developers of a web collaboration & streaming platform for £3.2 million.[8]
- On 30 March 2009, AVEVA announced the acquisition of iDesignOffice Pty Ltd, an instrumentation engineering technology company based in Melbourne, Australia, specializing in products for plant and marine industries.[17]
- On 3 June 2010, AVEVA Solutions Ltd, a wholly owned unit of AVEVA Group plc, announced the acquisition of Logimatic’s 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.[18]
- 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.[19]
- On 3 October 2011, AVEVA announced the acquisition of LFM (Light Form Modeller) software division of Z+F UK Limited[20]. The acquisition allowed AVEVA to expand its offering in the 3D data capture market.
Leadership
Chairman (Non-Executive):
- Richard King (August 1994 – March 2006)[21] [22]
- Nick Prest (March 2006 – …)[22] [23]
Chief executive officer (CEO):
- Richard Longdon (Dec 1999 – …)[24] [6]
References
- ^ a b c AVEVA Board of Directors
- ^ a b AVEVA Executive Team
- ^ Financial Highlights 2011
- ^ "About AVEVA Group plc". AVEVA. http://www.aveva.com/ednotes. Retrieved 17 April 2011.
- ^ a b c "AVEVA Group History : 1967-1984". AVEVA. http://www.aveva.com/About_AVEVA/History/1967-1984.aspx. Retrieved 12 October 2011.
- ^ a b "AVEVA - 3D with a difference". Cambridge-news.co.uk. http://www.cambridge-news.co.uk/Business/Technology/Aveva.htm. Retrieved Oct 24, 2011.
- ^ a b "AVEVA Group History : 1985-1999". AVEVA. http://www.aveva.com/About_AVEVA/History/1985-1999.aspx. Retrieved 12 October 2011.
- ^ a b c "AVEVA Group History : 2000-2005". AVEVA. http://www.aveva.com/About_AVEVA/History/2000-2005.aspx. Retrieved 12 October 2011.
- ^ "Regional". AVEVA. http://www.aveva.com/Contact/Worldwide_Offices.aspx. Retrieved 17 April 2011.
- ^ "AVEVA is capable of engineering some impressive returns". The Independent. UK. 28 May 2008. http://www.independent.co.uk/news/business/sharewatch/the-investment-column-aveva-is-capable-of-engineering-some-impressive-returns-for-new-investors-835220.html. Retrieved 17 April 2011.
- ^ "AVEVA global expansion strategy in Latin America, China and India was on track.". Businessweekly.co.uk. UK. 25 May 2011. http://www.businessweekly.co.uk/hi-tech/11888-record-breaking-aveva-set-for-further-global-expansion. Retrieved 25 Oct 2011.
- ^ "AVEVA Plant Solutions". AVEVA. http://aveva.com/Products_and_Services/AVEVA_for_Plant.aspx. Retrieved 12 October 2011.
- ^ "AVEVA PDMS". AVEVA. http://aveva.com/Products_and_Services/Product_Finder/AVEVA_PDMS.aspx. Retrieved 12 October 2011.
- ^ "AVEVA Marine Solutions". AVEVA. http://aveva.com/Products_and_Services/AVEVA_for_Marine.aspx. Retrieved 12 October 2011.
- ^ "AVEVA Enterprise Solutions". AVEVA. http://www.aveva.com/Products_and_Services/Enterprise_Solutions.aspx. Retrieved 17 April 2011.
- ^ "AVEVA enables powerful information management solution, AVEVA NET ( CMCS Collaborate,Issue 31)". CMCS Collaborate. June 2011. http://www.cmcs.co/media-files/20110810_Collaborate1106s.pdf. Retrieved 25 Oct 2011.
- ^ "AVEVA acquires iDesignOffice Pty Ltd". AVEVA. http://www.aveva.com/News-Events/Press-Releases/Press-Releases-2009/Corporate/AVEVA_acquires_best_instrumentation_engineering_software.aspx. Retrieved 12 October 2011.
- ^ "AVEVA acquires Logimatic's MARS business". AVEVA. http://www.aveva.com/News-Events/Press-Releases/Press-Releases-2010/Corporate/MARS_acquisition.aspx. Retrieved 12 October 2011.
- ^ "AVEVA acquires world-class Operations Integrity Management solution". AVEVA. http://www.aveva.com/News-Events/Press-Releases/Press-Releases-2010/Corporate/ADB_acquisition.aspx. Retrieved 12 October 2011.
- ^ "AVEVA acquires the LFM software division of Z+F UK". ShareCast. http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=4555852. Retrieved 25 October 2011.
- ^ "AVEVA Board of Directors - Annual Report 2004". AVEVA. http://online.hemscottir.com/ir/avv_new/pdf/AP2004.pdf. Retrieved Oct 24, 2011.
- ^ a b "Richard King, CBE retires from AVEVA Board on 31 March 2006.". investegate.co.uk. http://www.investegate.co.uk/article.aspx?id=200601120700388138W. Retrieved Oct 24, 2011.
- ^ "Appointment of Nick Prest as Chairman". AVEVA. http://www.aveva.com/News-Events/Press-Releases/Press-Releases-2006/Corporate/Appointment_Nick_Prest_Chairman.aspx. Retrieved Oct 24, 2011.
- ^ "Richard Longdon Appointed Chief Executive, Cadcentre Group PLC". Investegate.co.uk. http://www.investegate.co.uk/article.aspx?id=199912010701487366B. Retrieved Oct 24, 2011.
External links
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