13-06-2012

AVEVA celebrates its first 45 years

Pioneering technology, continuous business growth and a trusted partner to the engineering community

Cambridge, UK: AVEVA announced today that it is celebrating its 45th anniversary. Since its inception as a research project at the University of Cambridge in 1967, AVEVA has seen extraordinary growth, becoming one of the Cambridge technology success stories together with ARM, Autonomy and others. Having pioneered the world’s first 3D plant design system (PDMS) in 1976, the company has expanded to 46 offices in more than 25 countries, achieving a market capitalisation of over £1 billion and developed relationships with some of the biggest names in the process plant, power and marine industries.

'Our visionary technology and global business operations have certainly been key factors, but the real foundation of our success lies in the long-term relationships we have established with EPCs, Owner Operators and Shipbuilders', said Richard Longdon, CEO, AVEVA. 'We have always operated not only as a vendor of technology but as an active member of the industries we serve. In our first 45 years, we have evolved with our customers and their markets, delivering software solutions that fundamentally reshape the quality and competitiveness of their businesses.'

'It’s great to look back and see how far AVEVA has come from our early CADCentre days and the contribution we’ve made to the process plant, power and marine software industry', added Dave Wheeldon, CTO, AVEVA. 'We have introduced many innovations that have changed the way that our customers work, improving project efficiency and the quality of their deliverables. From the start we have always worked closely with customers and listened to their needs. We’ve created an evolving and unmatched suite of products and services that customers rely on to create and operate the world’s most complex engineering assets.'

'Our ground-breaking work with enterprise information management solutions has yielded truly amazing results for our customers', said Derek Middlemas, COO, AVEVA. 'Our open and interoperable technology gives companies the ability to unlock the potential of their information, from whichever source it originates. We’re helping to ensure that the right people have the right information in the right context and at the right time to make informed decisions. This provides an entirely new dimension to optimising projects and asset operations. Delivering enterprise solutions to our customers is a really rewarding part of our business and an excellent example of how AVEVA’s software solutions have evolved over the last 45 years.'