AVEVA

AVEVA serves heavy industry with software for designing and running plants. Engineering tools support the design of facilities such as refineries and power stations in 3D, process simulation helps engineers model how plants will behave, and operations software monitors and controls equipment in real time. The PI System, which it acquired through OSIsoft, collects and stores time-series data from industrial sensors across thousands of sites.

AI and analytics sit on top of this data. Predictive analytics monitor equipment for early signs of failure, and optimization tools help reduce energy use and improve throughput. Industrial AI assistants help operators and engineers search documents and data, and digital twin capabilities connect engineering models with live operations. The company’s AVEVA Connect cloud platform brings these tools together.

AVEVA is owned by Schneider Electric and sells to large industrial customers through licenses and subscriptions, with implementations that can be lengthy. It’s a specialist product, relevant for engineers and operations teams. Competitors include Siemens, Honeywell, Emerson, Rockwell Automation, AspenTech, and Bentley Systems. AVEVA suits organizations running complex industrial facilities that want integrated engineering and operations data.