Schneider Electric Software is now AVEVA
AVEVA and Schneider Electric’s industrial software business combine to create a leading engineering and industrial software company
AVEVA announced it has combined with Schneider Electric’s industrial software business (which include the Wonderware and Avantis brands) to drive digital transformation across the asset and operational life cycle for capital-intensive industries. This unmatched, end-to-end offering unlocks the power of two industry leaders to deliver improved profitability and operational excellence to maximize return on capital.
“88% of leaders in capital-intensive industries say that digitization would increase their revenues”, said Craig Hayman, Chief Executive Officer at AVEVA. “Yet less than half of these companies are actually in the process of adopting a digital strategy. This represents an incredible opportunity for AVEVA to be our customer’s digital transformation partner.”
“Digitalisation demands a fundamental rethink of the way organisations operate. They need to be confident that their technology investment will deliver a high return on capital and can lower the total cost of asset ownership. AVEVA’s combination of proven solutions, industry-specific knowledge and a global partner ecosystem will drive innovation across capital-intensive industries, as companies plan their digital transformation journey,” Mr Hayman added.
The combination brings together AVEVA’s design, engineering and construction capabilities with Schneider Electric’s industrial software business, which ranges from simulation through to real-time manufacturing operations management. It creates a global leader in engineering and industrial software, expanding the markets and industries the company serves. Customers can benefit from improved profitability, efficiency and performance.
As this transformation takes place, Industrial Software Solutions will continue to be a premier channel partner of AVEVA, providing both Wonderware and Avantis software solutions.