The Collaboration Will Help Develop a Series of Scalable, Asset Lifecycle Management Solutions to Deliver the Industrial Digital Twin

ANDOVER, Mass. — (BUSINESS WIRE) — September 14, 2022 — AVEVA, a global leader in industrial software, driving digital transformation and sustainability, and Aras, which provides the most powerful low-code platform with applications to design, build, and operate complex products, have entered into a strategic OEM partnership to deliver industrial “Asset Lifecycle Management” solutions.

AVEVA will license the Aras Innovator^® platform to deliver a series of scalable, Asset Lifecycle Management solutions, which will integrate Aras’ open and flexible portfolio of applications with AVEVA Unified Engineering and AVEVA Asset Information Management.

“Lifecycle management capabilities play a critical role in the large-scale digital transformation of all the industries that we support. By unifying data, they provide the basis for automating many business processes and, because they are based on accurate, real-time information, they also provide customers with assurance and trust in the accuracy of the engineering digital twin. Our partnership with Aras takes this a step further, by enabling customers to take advantage of innovative cloud-based Asset Lifecycle Management solutions to accelerate their digital transformation,” said Peter Herweck, CEO of AVEVA.

The integration of Aras’ cloud-native technology and AVEVA’s hybrid cloud solutions will provide customers with new capabilities for change and configuration management, requirements management, and whole asset visualization across the breadth of AVEVA’s industrial software portfolio.

“Aras complements AVEVA’s information management capabilities as proven in some of the world’s largest energy projects, providing our customer base with more holistic solutions for their Asset Information Management strategies,” he added.

Commenting on the partnership, Roque Martin, CEO, Aras, said: “Aras’ powerful low-code platform and business-ready applications enable global enterprises to adapt with speed and agility in the most complex scenarios. This is well-aligned with AVEVA’s agile approach to industry solutions. Our cloud-native platform technology and collaboration with AVEVA support the evolution from document-centric to data-centric project execution and operations in asset lifecycle management.”

About AVEVA
AVEVA is a global leader in industrial software, sparking ingenuity to drive responsible use of the world’s resources. The company’s secure industrial cloud platform and applications enable businesses to harness the power of their information and improve collaboration with customers, suppliers and partners.

Over 20,000 enterprises in over 100 countries rely on AVEVA to help them deliver life’s essentials: safe and reliable energy, food, medicines, infrastructure and more. By connecting people with trusted information and AI-enriched insights, AVEVA enables teams to engineer efficiently and optimize operations, driving growth and sustainability.

Named as one of the world’s most innovative companies, AVEVA supports customers with open solutions and the expertise of more than 6,400 employees, 5,000 partners and 5,700 certified developers. With operations around the globe, we are headquartered in Cambridge, UK and listed on the London Stock Exchange’s FTSE 100. Learn more at www.aveva.com

Copyright © 2022 AVEVA Solutions Limited. All rights reserved. AVEVA Solutions Limited is owned by AVEVA Group plc. AVEVA, the AVEVA logos and AVEVA product names are trademarks or registered trademarks of AVEVA Group plc or its subsidiaries in the United Kingdom and other countries. Other brands and product- names are the trademarks of their respective companies.

About Aras
Aras provides the most powerful low-code platform with applications to design, build, and operate complex products. Its technology enables the rapid delivery of flexible, upgradeable solutions that build business resilience. Aras’ platform and product lifecycle management applications connect users in all disciplines and functions to critical product data and processes across the lifecycle and throughout the extended supply chain. Airbus, Audi, Denso, Honda, Kawasaki, Microsoft, Mitsubishi, and Nissan are using the platform to manage complex change and traceability. Visit www.aras.com to learn more and follow us on Twitter and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220914005252/en/

Kylie Reardon
Aras
Corporate Communications Specialist
kreardon@aras.com