AVEVA and Aras announce industrial technology partnership

The new strategic licensing partnership between AVEVA and Aras will see the co-development of a series of scalable, asset lifecycle management solutions

Within the partnership, AVEVA will license the Aras Innovator platform, integrating Aras’ open and flexible portfolio of applications with AVEVA’s Unified Engineering and Asset Information Management systems.

Through this OEM partnership, the two companies will be able to deliver industrial “Asset Lifecycle Management” solutions. 

“Lifecycle management capabilities play a critical role in the large-scale digital transformation of all the industries that we support,” commented Peter Herweck, CEO of AVEVA.

“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.”

“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 added. 

“Aras’ powerful low-code platform and business-ready applications enable global enterprises to adapt with speed and agility in the most complex scenarios. This is well-aligned with AVEVA’s agile approach to industry solutions,” expanded Roque Martin, the CEO of Aras. 

“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.”

About AVEVA

AVEVA is a global leader in industrial software, providing its secure industrial cloud platform and business applications to 20,000 enterprises in over 100 countries across the world. 

About Aras 

Aras is a powerful low-code platform, enabling the rapid delivery of flexible, upgradeable solutions required to build business resilience. Its users include Airbus, Audi, Denso, Honda, Kawasaki, Microsoft, Mitsubishi, and Nissan.

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