AVEVA Group plc

AVEVA Group plc

AVVYY
AVEVA Group plcUS flagOther OTC
37.92
USD
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AVEVA Group plc
AVVYY
(Other OTC)

Recent

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37.92

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Capital Structure

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Business
AVEVA Group plc, a subsidiary of Schneider Electric SE, develops and provides engineering, design, and information management software solutions for industrial automation, operations, and asset performance across sectors including energy, manufacturing, marine, infrastructure, mining, power, and water; core offerings encompass AVEVA System Platform for real-time operations management; AVEVA Unified Operations Center; AVEVA Unified Supply Chain for planning, scheduling, and network optimization; AVEVA Engineering and Design tools such as PDMS for 3D plant design; AVEVA NET for enterprise information management; Braincube for industrial analytics and process health; AVEVA Edge for HMI/SCADA; alarm management software including Processvue; AVEVA Thermodynamics; PLC simulation and viewer tools; manufacturing execution systems (MES); asset performance management solutions; and specialized services like Plant Werx, Matrix Technologies, and integrated engineering expertise. Founded in 1967 as the Computer-Aided Design Centre in Cambridge, England, where it maintains headquarters, the company operates globally with over 6,500 employees, 5,500 partners, and 5,700 certified developers serving customers in regions spanning Europe, the Americas, Asia-Pacific, and beyond, targeting owner-operators, engineering firms, and enterprises in heavy industries. In recent developments, Schneider Electric completed its full acquisition of AVEVA in January 2023, integrating it within its industrial software portfolio; the company announced strategic partnerships in 2024 with Vulcan Energy Resources for digital solutions in a €1.5 billion lithium project in Germany's Upper Rhine Valley and with Oxford Quantum Circuits; it launched a hybrid MES in 2024; earned the 2025 Microsoft Partner of the Year Award in Manufacturing; and continues expansions through prior acquisitions like OSIsoft in 2021 for PI System data integration and others enhancing 3D modeling, asset visualization, and production accounting capabilities.