AvevaFrom Wikipedia, the free encyclopediaAVEVA Group plc

TypeHolding company(Public limited company)

TradedasLSE:AVV

IndustryInformation TechnologyTechnology consultingCAD/CAM SoftwareEnterprise Solutions

Founded1967 (Cambridge)

HeadquartersHigh Cross, Madingley Road, Cambridge, UK

Area servedWorldwide

Key peoplePhilip Aiken,[1] (Chairman)Richard Longdon,[1] (CEO)James Kidd,[1] (CFO)Derek Middlemas,[2] (COO)Dave Wheeldon,[2] (CTO)

ProductsSee below

Revenue237.3million (2014)[3]

Operating income68.5million (2014)[3]

Net income51.0million (2014)[3]

Number of employees1,600 (2013)

Websitewww.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 1.1 Acquisitions 2 Operations 3 Products and services 3.1 Plant solutions 3.2 Marine solutions 3.3 Enterprise solutions 4 Marketing and branding 5 Leadership 6 References 7 External links 7.1 Official 7.2 OtherHistoryThe 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$35million. 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 3.2million.[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 GBP12.8million. 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]OperationsAVEVA 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 servicesThe 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 solutionsThe 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 industriesThe products include principal software solution, AVEVA PDMS: a customisable, multi-user and multi-discipline, engineer controlled 3D CAD software package.[26]Marine solutionsThe 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 solutionsThe 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 brandingAVEVA marketing campaigns have the slogan "Continual Progression".LeadershipRecent leadership of the company has been: Chairman (Non-Executive): Richard King (August 1994 March 2006)[30][31] Nick Prest (March 2006 - July 2012)[31][32][33] Philip Aiken (July 2012 present)[33] Chief executive officer (CEO): Richard Longdon (Dec 1999 present)[7][34]