AVEVA Completes Transformational Combination as a New Software Leader is Born
Mumbai, India: AVEVA has combined with Schneider Electric's industrial software business 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 maximise return on capital.

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.

"The combination of AVEVA and Schneider Electric's industrial software business brings together CAPEX and OPEX, creating a path to digitalisation from conceptual design to commissioning, and from operations back to revamps . Many industrial businesses already use software from both companies and look forward to the benefits of having these products under one developer umbrella. Adding in real-time production performance moves the industry one step closer to realising a digital asset that operates with full knowledge of its physical layout as well as the underlying physics of the process being conducted. I'm excited to see how AVEVA integrates processes , products and people."