Industry Headlines

AVEVA Celebrates its First 45 Years

CAMBRIDGE, UK-AVEVA is celebrating its 45th anniversary. Since its inception as a research project at the University of Cambridge in 1967, AVEVA has seen extraordinary growth, becoming one of the Cambridge technology success stories together with ARM, Autonomy and others. Having pioneered the world’s first 3-D plant design system (PDMS) in 1976, the company has expanded to 46 offices in more than 25 countries, achieving a market capitalization of over £1 billion (or $1.5 billion) and developed relationships with some of the biggest names in the process plant, power and marine industries.

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