AVEVA

What AVEVA does

AVEVA is a Cambridge, UK-headquartered industrial software company founded in 1967, operating as a member of the Schneider Electric group since the January 2023 acquisition that created the world's largest industrial software company. The company provides engineering, operations, and data management software to asset-intensive industries including oil and gas, chemicals, mining and metals, power and utilities, manufacturing, marine, infrastructure, and EPC firms, serving enterprise customers such as Rio Tinto, bp, Covestro, Procter & Gamble, Hindustan Zinc, and EDF Energy across more than 20 countries.

The company's core technology platform is the CONNECT industrial intelligence platform, an open, cloud-based hub that bridges operational technology (OT), information technology (IT), and AI across the asset lifecycle. CONNECT integrates with the AVEVA PI System, the world's most widely deployed operations data infrastructure, and is supported by an engineering portfolio (E3D Design, Process Simulation, Asset Information Management, Unified Engineering) and an operations portfolio (System Platform, MES, Enterprise and Plant SCADA, Predictive Analytics, Production Management). Recent AI enhancements embed generative design, predictive design, and agentic AI directly into engineering and operations workflows, and a proprietary Asset Library containing over 1,500 failure modes, 2,000 preventive tasks, and 5,000 prescriptive tasks underpins predictive capabilities. The company employs approximately 6,500 people globally, including 1,025 engineers in India representing 43% of R&D capacity, supported by an ecosystem of roughly 5,500 partners and 5,700 certified developers.

AVEVA monetizes through a mix of perpetual software licenses, subscription-based revenue via the Flex Subscription Program (credit-based consumption on CONNECT), and professional services, with quote-based enterprise pricing. Go-to-market combines direct enterprise field sales, a multi-tier channel partner ecosystem (Alliance Partners, System Integrators, Managed Solution Providers, Solution Providers), and cloud distribution through AWS Marketplace. The company is currently transitioning from perpetual licensing to subscription recurring revenue under new CEO Caspar Herzberg, with strategic priorities including geographic expansion in India and Africa, AI factory digital twin partnerships with NVIDIA, and major integrations with AWS, Snowflake, Microsoft, and IFS.

Name

AVEVA

Legal name

AVEVA Solutions Limited

Website

https://aveva.com

Company type

Public

Founded year

1967

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

AVEVA provides engineering, operations, and data management software for asset-intensive industries including oil and gas, chemicals, mining, power, manufacturing, and marine. Now part of Schneider Electric, it serves global enterprises via the CONNECT industrial intelligence platform and PI System, supported by ~6,500 employees and 5,500 partners.

Ownership category

akta.pro rank

Product category

Industrial Software (Engineering and Operations)

NAICS

Software Publishers (513210), Custom Computer Programming Services (541511)

SIC

Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

EDA Software Platforms (Digital Implementation, Verification & Signoff) (HDAHAFAA)

Keywords

• Industrial software
• Engineering design
• Process simulation
• Asset performance management
• Operational intelligence

Headquarters

HQ city

Cambridge

HQ country

United Kingdom

HQ region

Europe

Offices12 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Software Licenses and Subscriptions: AVEVA is transitioning from perpetual software licenses to a subscription-based model (Flex Subscription Program). The Flex model allows customers to purchase credits (Flex Credits) to access various services and applications on CONNECT, providing flexibility and consumption-based economics. Revenue is recognized over subscription terms with annual or multi-year billing.
2. Perpetual Software Licenses: Traditional one-time perpetual license model continues for certain on-premise deployments (e.g., AVEVA PI System, System Platform, InTouch HMI). Customers pay upfront for perpetual use rights with optional maintenance and support contracts.
3. Professional Services: Implementation, consulting, training, and customer success services delivered through AVEVA's consulting services division and partner ecosystem. Includes Architecture & Design Advisory, Center of Excellence, deployment assistance, and system health checks.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels9 records

Core offering

AVEVA provides industrial software solutions spanning engineering design, operations control, and asset performance management for process industries, infrastructure, and marine sectors. The portfolio includes plant design tools, real-time operations monitoring platforms, predictive analytics, and the CONNECT cloud industrial intelligence platform. Solutions enable industrial digitalization, the industrial digital twin, and integrated data management across the asset lifecycle.

Product overview

AVEVA is a global industrial software company offering a comprehensive portfolio organized as a platform-plus-modules architecture. The core of the offering is the CONNECT industrial intelligence platform, which serves as an open, cloud-based hub connecting operational technology with enterprise systems. Supporting the platform are two major product families: (1) Engineering solutions including AVEVA E3D Design for 3D engineering, AVEVA Process Simulation for process modeling, AVEVA Asset Information Management for engineering data, and AVEVA Enterprise Resource Management; and (2) Operations solutions including AVEVA System Platform for SCADA/HMI/automation, AVEVA Manufacturing Execution System for production management, AVEVA Enterprise and Plant SCADA for monitoring and control, AVEVA Operations Control and InTouch HMI for operator interfaces, AVEVA Predictive Analytics for machine learning-based asset performance, and AVEVA Production Management. Data management is handled by the AVEVA PI System family including PI Server, PI Data Infrastructure, PI Vision, Historian, and Edge Data Store, complemented by visualization tools like AVEVA Insight and AVEVA Unified Operations Center (with specialized versions for Water, Marine, Mining, Renewables, Smart Cities, and Data Centers). The portfolio is delivered through flexible licensing via the Flex Subscription Program and includes AI-embedded capabilities across the platform for industrial intelligence.

Differentiator

Problem solved

Functional benefit

Brands

• CONNECT: Open industrial intelligence platform that serves as a central hub for resilience, AI-enabled decision-making, and connected asset lifecycle intelligence.
• AVEVA PI System
• AVEVA Flex
• AVEVA E3D Design
• AVEVA System Platform
• AVEVA Manufacturing Execution System
• AVEVA Predictive Analytics
• AVEVA Unified Engineering
• Wonderware
• Crosser
• OptaSense

Products and services

• AVEVA CONNECT Cloud-based industrial intelligence platform that aggregates engineering, operations, and IT data to enable the industrial digital twin, AI-driven analytics, and cross-site visibility. Used by industrial enterprises for unified data management and analytics.
• AVEVA PI System Real-time industrial data infrastructure that collects, contextualizes, and visualizes high-fidelity sensor and operational data. Serves asset-intensive industries for asset performance, condition monitoring, and operations management.
• AVEVA System Platform Operations control suite delivering supervisory control and data acquisition (SCADA), human-machine interface (HMI), and alarm/event management for industrial plants. Used by process operators and control engineers.
• AVEVA Enterprise SCADA Plant-wide supervisory control platform providing mission-critical SCADA capabilities for large-scale, multi-site industrial operations. Targets oil and gas, power, and water utilities.
• AVEVA Plant SCADA SCADA platform purpose-built for mid-sized industrial plants, providing process visualization, alarm management, and remote operations support. Used by manufacturing and process plant operators.
• AVEVA InTouch HMI Human-machine interface software for creating operator dashboards, process graphics, and alarm displays for industrial control systems. Targets discrete and process manufacturers.
• AVEVA MES Manufacturing execution system that tracks production orders, quality, genealogy, and OEE across discrete and process manufacturing operations. Serves plant managers and production supervisors.
• AVEVA Predictive Analytics

Quantifiable outcome

• SCG Chemicals achieved 99% plant-wide reliability and 9x ROI in six months using AVEVA predictive analytics
• +7 more outcomes

Named customers19 records

Segments8 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability13 records

Feature8 records

Partnerships

18 partnerships are on record, tiered regional, core, flagship, minor, channel and ecosystem.

• Deccan Fine ChemicalsregionalStrategic or Co-development Partner · 16 June 2026MoU signed at India CONNECT launch event in Mumbai for AVEVA CONNECT platform implementation, targeting AI-powered industrial transformation in India's chemical sector.
• Reliance Power LimitedregionalStrategic or Co-development Partner · 16 June 2026MoU signed at India CONNECT launch event in Mumbai for AI-powered industrial transformation across power generation and renewable energy operations in India.
• VJTI Technology Business IncubatorregionalStrategic or Co-development Partner · 16 June 2026Partnership with VJTI's Technology Business Incubator for skill development and technology incubation in India's industrial AI ecosystem, announced at India CONNECT launch.
• Petrovietnam Refining and Petrochemical Corporation (BSR)coreStrategic or Co-development Partner · 22 May 2026Strategic partnership to accelerate BSR's comprehensive digital transformation strategy, announced at AVEVA World 2026. BSR is a major Vietnamese oil refinery and petrochemical operator seeking to modernize operations through AVEVA's industrial software.
• Amazon Web Services (AWS)flagshipTechnology or Integration · 19 May 2026Multi-year Strategic Collaboration Agreement to expand AVEVA CONNECT platform on AWS infrastructure using Amazon Bedrock, Amazon Bedrock AgentCore, and Amazon EC2 for public and private SaaS capabilities across energy, manufacturing, chemicals, life sciences. Includes joint customer migration programs, product listings on AWS Marketplace, AI integration combining AWS ML services with AVEVA's industrial data platform for predictive analytics, digital twins, and agentic AI workflows. Endorsed OT System Integrator network to support migrations.
• SnowflakeflagshipTechnology or Integration · 19 May 2026Strategic partnership to connect AVEVA's CONNECT platform with Snowflake's AI Data Cloud through direct zero-copy integration, enabling industrial organizations to access and analyze IT/OT data without complex pipelines or data duplication. The integration provides governance including column-level security, dynamic data masking, and fine-grained access controls for regulated industries. Supports deployment of AI agents for autonomous equipment optimization and failure prediction.
• IFSflagshipStrategic or Co-development Partner · 19 May 2026Technology partnership called 'Continuous Asset Decision Intelligence' connecting real-time operational data with enterprise execution and strategic capital planning for asset-intensive industries. Integrates three layers in a single architecture enabling evidence-based decisions on asset maintenance, repair, deferral, or replacement. Addresses the industry challenge of data separation between operations teams and maintenance planners, creating a closed-loop digital thread from asset condition to decision to outcome. Both CEOs described it as connecting data from sensor to boardroom.
• Hindustan Zinc Limited (Vedanta Group)coreStrategic or Co-development Partner · 15 May 2026MoU signed at Zinnovation 2026 targeting $209 million in value delivery through AI-led industrial transformation across Hindustan Zinc's mining, smelting, and manufacturing operations. Partnership focuses on predictive maintenance, digital twins, connected operations, and autonomous systems. Hindustan Zinc is working with 50+ DeepTech startups on 100+ AI projects.
• Axilon (via SE Ventures Accelerator)minorOthers · 9 April 2026Axilon was selected as one of three startups in SE Ventures Accelerator's H1 2026 cohort from nearly 300 applications, focusing on industrial software development. The startup will work with AVEVA and Schneider Electric experts to achieve product-market fit and customer validation over a three-month program.
• NVIDIAflagshipTechnology or Integration · 17 March 2026AVEVA announced a collaboration with NVIDIA to integrate its engineering and operations software into the NVIDIA Omniverse DSX Blueprint, creating a lifecycle digital twin architecture for gigawatt-scale AI factories. The partnership combines AVEVA's portfolio (CONNECT platform, industrial digital twin capabilities) with NVIDIA's hardware to maximize GPU efficiency and accelerate AI factory deployment at scale. Ecosystem partners Schneider Electric and ETAP jointly advance design, simulation, build, operation, and optimization. NVIDIA Nemotron models are being tested for autonomous data center alarm management.
• Schneider ElectricflagshipOthersSchneider Electric completed its acquisition of AVEVA and AVEVA is now a member of the Schneider Electric group. The combined entity represents the world's largest industrial software company. Schneider Electric's energy management expertise is integrated with AVEVA's industrial software. Joint go-to-market activities include AI data center solutions (gigawatt-scale AI factories with NVIDIA), airport operations (IPOC platform), and customer migrations. Khaled Salah continues to oversee the global strategic partnership while serving as VP Africa.
• AssystemcoreStrategic or Co-development PartnerStrategic partnership targeting France, UK, and Netherlands to serve critical infrastructure operators in energy, nuclear, defence, and essential services sectors. Combines AVEVA's industrial software with Assystem's engineering and OT integration capabilities. Builds on a relationship that included an earlier MOU signed three years ago and prior collaboration involving Schneider Electric. Responds to growing demand for integrated digital solutions deployable within domestic or tightly governed operating environments.
• I-carechannelImplementation/ SI/ Consulting PartnerI-care joined the AVEVA Partner Ecosystem as a Managed Solution Provider, integrating its I-see analytics platform with the AVEVA PI System. Enables industrial organizations to leverage real-time operational data for predictive maintenance, asset health monitoring, and reliability use cases.
• ExploitiachannelImplementation/ SI/ Consulting PartnerSystem integrator that deployed AVEVA System Platform and AVEVA Historian for Bakoma's smart dairy implementation in Poland, unifying fragmented SCADA data across manufacturing facilities.
• ETAPecosystemTechnology or IntegrationEcosystem partner in NVIDIA-Schneider Electric-AVEVA collaboration for AI factory digital twins. ETAP provides electrical modeling for validated reference designs of NVIDIA Vera Rubin NVL72 racks, supporting end-to-end design, simulation, and optimization of AI data center infrastructure.
• AccionaecosystemStrategic or Co-development PartnerAcciona collaborated with AVEVA on digital monitoring and AI implementation across Acciona's water treatment plants to optimize energy use and reduce outages, cited as example of industry collaboration for digital transformation and sustainability.
• AuguryecosystemTechnology or IntegrationAugury's Industrial AI Workforce integrates Augury's Machine Health data with AVEVA CONNECT operational context and Google's Gemini models, enabling self-optimizing, adaptive production environments. ICL Group is validating the agents. Previewed at AVEVA World in Milan.
• MicrosoftcoreTechnology or IntegrationDeepened 40-year strategic partnership to accelerate OT/IT convergence in industrial environments. Microsoft Azure AI powers AVEVA's Industrial Copilot and workflows, contributing to claims of up to 50% reduction in engineering time. Collaboration includes joint customer deployments and integration with ServiceNow.

Scale indicators13 records

Recent moves12 records

Expansion highlights10 records

Direct peers

• Dassault Systèmes 3DEXPERIENCE: Dassault's 3DEXPERIENCE platform and CATIA compete with AVEVA E3D Design and Unified Engineering for plant and ship design. Dassault's GEOVIA also ranks ahead of AVEVA in digital twin solutions for mining.
• ABB Ability: ABB's Ability industrial software and automation portfolio compete with AVEVA's operations control, SCADA, and asset performance offerings across process and discrete industries. ABB is a top-tier IoT Analytics smart manufacturing vendor alongside AVEVA.
• GE Digital (Predix / APM): GE Digital's Predix and APM suite directly compete with AVEVA Predictive Analytics and PI System in power generation, utilities, and aviation. Both vendors are named in the Verdantix and IDC MarketScape APM assessments alongside AVEVA.
• Rockwell Automation FactoryTalk: Rockwell's FactoryTalk and PlantPAx compete with AVEVA System Platform, MES, and PI Vision in plant-floor operations and discrete manufacturing. Rockwell pairs its software with deep programmable automation hardware, especially in North American discrete and hybrid verticals.
• Honeywell Forge: Honeywell's Forge APM and Experion process-control platforms compete with AVEVA's PI System, Predictive Analytics, and CONNECT. Honeywell targets similar oil & gas, chemicals, and power customers with bundled automation and software offerings.
• Bentley Systems (iTwin Platform): Bentley's iTwin and OpenTower/AssetWise platforms compete with AVEVA's engineering and infrastructure digital twin offerings across power, transportation, water, and cities, complementing rather than overlapping AVEVA's process-industry strength.
• Emerson (Aspen Technology): Following Emerson's acquisition of Aspen Technology, the combined entity competes head-to-head with AVEVA in asset performance management, digital twin, and process simulation for chemicals, refining, and power. AspenTech's DMC and aspenONE are particularly close substitutes for AVEVA Process Simulation.
• Siemens Digital Industries Software: Siemens' Xcelerator portfolio (including Teamcenter, NX, and MindSphere) directly competes with AVEVA in engineering design, PLM, and industrial IoT. Siemens leads in oil & gas digital twins with ~22% share and combines software with deep industrial automation hardware.
• PTC (Windchill, ThingWorx): PTC's Windchill PLM and ThingWorx IIoT compete with AVEVA in engineering data management, digital thread, and industrial IoT, particularly for discrete manufacturers. PTC's deep PLM presence overlaps with AVEVA's engineering and asset information portfolio.

Emerging players

• Cognite Data Fusion: Cognite's industrial data platform is named alongside AVEVA in the Asset Performance Management market and competes in OT/IT data contextualization. As a venture-backed challenger, it focuses on cloud-native deployments and AI agents rather than full engineering/operations depth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/AVEVAGroup
• YouTubeyoutube.com/user/avevagroup
• Facebookfacebook.com/avevagraduates
• LinkedInlinkedin.com/company/aveva
• Instagraminstagram.com/avevagroup
• TikToktiktok.com/@avevagroup

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A13 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AVEVA