ICTAug 10, 2026

Aveva Group PLC

Company Profile Analysis

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Year Founded & Workforce

1966-12-31

6,500 Employees

Industry

ICT

Services

Aveva Group PLC Overview

Company Headquarters: UK

Founded: 1967

Workforce: ~6,500

Company Working: AVEVA Group PLC (AVEVA) is engaged in providing industrial engineering software solutions for the process plant, power, and marine industries. It offers asset performance management, engineering, procure and construct, operate and optimize, and monitor and control solutions. It also offers products for different technologies, including industrial Internet of things (IIoT), cloud, edge, advanced 3D visualization, and artificial intelligence. The asset performance management (APM) software portfolio addresses the challenges faced by industries related to artificial intelligence, industrial big data, cloud, digital twin, and augmented reality. The company's SCADA, HMI, and control solutions are used to segregate raw information into valuable insights that reveal new opportunities. AVEVA Connect is a unified industrial software platform that provides AVEVA E3D, Asset Visualization (NET) AVEVA ERM, AVEVA LFM, AVEVA NET, PRO/II Process Engineering AVEVA ProCon, Dynamic Simulation (DYNSIM), and cloud-based sandbox. The company offers its software solutions to various industries, including oil and gas, power, and utility, marine, paper and pulp, chemical, infrastructure, life sciences, food and beverages, steel fabrication, waste and wastewater, and mining.

Strategy

AVEVA Group PLC follows both organic and inorganic growth approaches. Since 2018, it has been primarily focusing on inorganic growth, under which, it emphasizes acquisitions and partnerships; for instance, it signed an agreement with Covestro, a leader in polymer solutions, to transform its process engineering and simulation. The partnerships also help the company to expand its customer base through cross-selling and up-selling of its products and services, thereby increasing its share in the global asset performance management market.

Company Snapshot

$1,027.43M

Revenue

6,500

Employees

1966-12-31

Founded

Headquarters

SWOT Analysis

Strengths

Strong brand equity
Wide product and service offerings
Strong financial performance
Strong brand portfolio
Strong revenue growth
Strong R&D

Weaknesses

Increase in operating expenses
Products susceptible to cyber threats
Increasing liabilities

Opportunities

Growing adoption of Software-as-a Service model for products and services
Strategic growth initiatives
Growth of the global automation market

Threats

Intense competition
Cyclical market
Intense Competition
Patent litigation

Key Developments

Date	Approach	Development
March 2022	Partnership	Prime Automation, based in Waterloo, has announced a new collaboration with AVEVA, a business that specializes in software for industrial engineering, design, and information management.
September 2021	Partnership	Schneider and AVEVA have announced a collaboration on industrial software solutions. In order to address its needs for digital transformation, the energy management and automation company Schneider Electric India announced it has signed a distributor partnership agreement with the industrial software company AVEVA.

Product Offering

Aveva Group PLC
- Asset Performance Management System
- Industrial Automation Market

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Aveva Group PLC as part of our ongoing coverage of the ICT sector, drawing on public company data, filings, and market intelligence.

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I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Aveva Group PLC

Company Headquarters: UK Founded: 1967 Workforce: ~6,500 Company Working: AVEVA Group PLC (AVEVA) is engaged in providing industrial engineering software solutions for the process plant, power, and marine industries. It offers asset performance management, engineering, procure and construct, operate and optimize, and monitor and control solutions. It also offers products for different technologies, including industrial Internet of things (IIoT), cloud, edge, advanced 3D visualization, and artificial intelligence. The asset performance management (APM) software portfolio addresses the challenges faced by industries related to artificial intelligence, industrial big data, cloud, digital twin, and augmented reality. The company's SCADA, HMI, and control solutions are used to segregate raw information into valuable insights that reveal new opportunities. AVEVA Connect is a unified industrial software platform that provides AVEVA E3D, Asset Visualization (NET) AVEVA ERM, AVEVA LFM, AVEVA NET, PRO/II Process Engineering AVEVA ProCon, Dynamic Simulation (DYNSIM), and cloud-based sandbox. The company offers its software solutions to various industries, including oil and gas, power, and utility, marine, paper and pulp, chemical, infrastructure, life sciences, food and beverages, steel fabrication, waste and wastewater, and mining.

Starting from

$4,950