AVEVA Announces a Strategic Licensing Partnership with Aras

By Craig Resnick

Acquisition or Partnership

AVEVA, a global leader in industrial software that helps to drive digital transformation and sustainability, and Aras, which provides a low-code platform with applications to design, build, and operate complex products, have entered into a strategic Asset Lifecycle ManagementOEM partnership to deliver industrial Asset Lifecycle Management solutions.

AVEVA will license the Aras Innovator platform to deliver a series of scalable Asset Lifecycle Management solutions that will integrate Aras’ portfolio of applications with AVEVA Unified Engineering and AVEVA Asset Information Management.

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 the breadth of AVEVA’s industrial software portfolio.

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