AVEVA announces a strategic licensing partnership with Aras

AVEVA, a global provider of industrial software that drives digital transformation and sustainability, and Aras, the most powerful low-code platform with applications for designing, building, and operating complex products, have formed a strategic OEM partnership to deliver industrial “Asset Lifecycle Management” solutions.

AVEVA will license the Aras Innovator® platform to deliver a suite of scalable Asset Lifecycle Management solutions that will combine Aras’ open and flexible application portfolio 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,” said Peter Herweck, CEO of AVEVA.

Customers will benefit from new capabilities for change and configuration management, requirements management, and whole asset visualization across the breadth of AVEVA’s industrial software portfolio as a result of the integration of Aras’ cloud-native technology and AVEVA’s hybrid cloud solutions.

“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.” he added. 

Commenting on the partnership, Roque Martin, CEO, Aras, said: “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. 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.”