AVEVA Acquires Best-in-Class Instrumentation Engineering Software
CAMBRIDGE, Mar. 30 /PRNewswire-AsiaNet/ -
AVEVA today announced the acquisition of iDesignOffice Pty Ltd, a
technology company based in Melbourne, Australia. This acquisition brings
best-in-class instrumentation engineering technology to AVEVA's portfolio,
extending and strengthening it in a key area to consolidate AVEVA's leading
position in plant engineering software for both EPC contractors and Owner
Operators.
Instrumentation Design Office (IDO), the software now owned by AVEVA, is
a suite of integrated applications for creating and maintaining
instrumentation engineering data for process plants. IDO will be renamed
AVEVA Instrumentation and will be available standalone or as part of an
integrated suite with other AVEVA products.
Extensive evaluation by AVEVA identified IDO as one of the most efficient
and cost-effective suites of instrumentation engineering products available
on the market today. Compared to its nearest competitor, its intuitive user
interface is easier to learn and use, enabling highly productive use of its
extensive function set.
Derek Middlemas, Group Operations Director at AVEVA, commented: "This
technology acquisition enables us to fast-track delivery of greater business
value to our EPC contractor and Owner Operator customers. As a strategic
investment, it demonstrates both the strength of AVEVA's business and our
commitment to delivering ever-increasing value in our product portfolio."
Garry Hobman, Director of iDesignOffice Pty Ltd said: "We are delighted
to be able to associate our products for this vital aspect of plant
engineering with those of an acknowledged industry leader. This is great news
for our customers who will see opportunities opening up for more closely
integrated project engineering, seamless handover of data, and more efficient
operations support."
About AVEVA Group plc
AVEVA is trusted around the world to deliver engineering IT solutions
with strategic value to leading companies in the plant and marine industries.
For further information, please contact:
Alison Patey, Marketing Communications Manager , AVEVA
Tel: + 44(0)1223-556653
alison.patey@aveva.com
Source: AVEVA
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