AVEVA Announces a Strategic Licensing Partnership with Aras

AVEVA and Aras have entered into a strategic OEM 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, which will integrate Aras’ open and flexible portfolio of applications with AVEVA Unified Engineering and AVEVA Asset Information Management.

Peter Herweck, CEO, AVEVA, said in a statement that lifecycle management capabilities are crucial in all of the industries that AVEVA supports’ large-scale digital transformation. They provide the foundation for automating many business processes by unifying data and, because they are based on reliable, real-time information, they also give customers with assurance and trust in the engineering digital twin’s accuracy. Their collaboration with Aras takes this a step further, allowing customers to use new cloud-based Asset Lifecycle Management solutions to speed their digital transformation. Aras enhances AVEVA’s information management skills, as demonstrated in some of the world’s largest energy projects, by providing more holistic solutions for their Asset Information Management strategies to their customer base.

The integration of Aras’ cloud-native technology with AVEVA’s hybrid cloud solutions will give customers with additional capabilities for change and configuration management, requirements management, and entire asset visualization across the breadth of AVEVA’s industrial software portfolio.

Roque Martin, CEO, Aras, said in a statement that Aras’ robust low-code platform and business-ready applications enable global organizations to respond to the most complicated scenarios with speed and agility. This matches AVEVA’s agile approach to industry solutions. Aras’ cloud-native platform technology and collaboration with AVEVA facilitate the transition from document-centric to data-centric asset lifecycle management project execution and operations.