AVEVA Arranges Strategic Licensing Partnership With Aras
Collaboration aims at generating scalable, asset lifecycle management solutions for the industry digital twin.
September 19, 2022
AVEVA, a global industrial software company, and Aras, which provides low-code platform with applications to design, build and operate complex products, have entered into a strategic OEM partnership to deliver industrial asset lifecycle management (ALM) solutions.
AVEVA will license the Aras Innovator platform to deliver scalable ALM solutions, which will integrate Aras’ open and flexible portfolio of applications with AVEVA Unified Engineering and AVEVA Asset Information Management.
“Lifecycle management capabilities play a critical role in the large-scale digital transformation of all the industries that we support. By unifying data, they provide the basis for automating many business processes and, because they are based on accurate, real-time information, they also provide customers with assurance and trust in the accuracy of the engineering digital twin. Our partnership with Aras takes this a step further, by enabling customers to take advantage of innovative cloud-based Asset Lifecycle Management solutions to accelerate their digital transformation,” says Peter Herweck, CEO of AVEVA.
The integration of Aras’ cloud-native technology and AVEVA’s hybrid cloud solutions will provide customers with new capabilities for change and configuration management, requirements management and whole asset visualization across AVEVA’s industrial software portfolio.
“Aras complements AVEVA’s information management capabilities as proven in some of the world’s largest energy projects, providing our customer base with more holistic solutions for their Asset Information Management strategies,” Herweck of AVEVA adds.
“Aras’ powerful low-code platform and business-ready applications enable global enterprises to adapt with speed and agility in the most complex scenarios,” comments Roque Martin, CEO, Aras. “This is well-aligned with AVEVA’s agile approach to industry solutions. Our cloud-native platform technology and collaboration with AVEVA support the evolution from document-centric to data-centric project execution and operations in asset lifecycle management.”
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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