Aveva


Aveva

Infobox Company
company_name = AVEVA Group plc
company_logo =
company_type = Public (LSE|AVV)
foundation = 1967
location = High Cross, Madingley Road, Cambridge, UK
key_people = Nick Prest, (Chairman)
Richard Longdon, (CEO)
industry = CAD/CAM Software
revenue = £127.6 million (2008)
operating_income = £43.2 million (2008)
net_income = £34.2 million(2008)
num_employees = circa 750
homepage = [http://www.aveva.com www.aveva.com]

Aveva Group plc (LSE|AVV) is a British-based technology company which produces software for the power and marine industries. It is 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. [http://www.aveva.com/about_us_history.php AVEVA Group History] ] 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 extremely successful Plant Design Management System (PDMS) for 3D process plant design, and later co-founded two very successful software companies - Cambridge Interactive Systems (CIS) which was well known from 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 arguably the most important single factor in what became known as the Cambridge Phenomenon - the transformation of Cambridge from a distinguished and beautiful but rather sleepy small University town into one of the world's high technology centres within a few short years in the 1980s. Many people who had worked at CADCentre went on to found their own successful software companies.

CADCentre became a private company in 1983, was the subject of a management buyout in 1994 and became a publicly quoted company in 1996. It changed its name to Aveva in 2001.

The company acquired the Tribon ship design software in 2004.

Operations

UK

The company offers the following products:
* Aveva Plant: Aveva PDMS 12, a tool to design, build and operate plant [ [http://www.aveva.com/products_services_aveva_plant.php Aveva Plant] ]
* Aveva Marine: tools to design, build and operate complex ships and offshore vessels [ [http://www.aveva.com/products_services_aveva_marine.php Aveva Marine] ]
* Aveva NET: PLM (Product Lifecycle Management) solutions [ [http://www.aveva.com/products_services_aveva_plant_net.php Aveva NET] ]

International

Aveva has about 50 branch offices in 39 countries. It is organised as follows: [ [http://www.aveva.com/region.php Aveva: Regional] ]
* Americas (based in Houston, Texas)
* Asia Pacific (based in Kuala Lumpur, Malaysia)
* Central, Eastern & Southern Europe (based in Moscow / Frankfurt / Paris)
* Western Europe, Middle East and Africa (based in Cambridge, UK)

Aveva is currently seeking to improve its market share in the United States. [ [http://www.independent.co.uk/news/business/sharewatch/the-investment-column-aveva-is-capable-of-engineering-some-impressive-returns-for-new-investors-835220.html Aveva is capable of engineering some impressive returns] ]

References

External links

* [http://www.aveva.com Official website]


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