Schneider Electric completes takeover of industrial software firm AVEVA
AVEVA’s software is designed to bring efficiency and lower costs for its customers. The company offers a Digital Twin for the entire asset lifecycle from engineering to operations and maintenance across diverse industries around the world.
Peter Herweck — AVEVA CEO said: “The needs of the industrial world are becoming ever more complex. But the opportunities to create competitive advantage, value and sustainability through digital transformation have never been more compelling.
“AVEVA is now optimally placed, with the collaboration not just of Schneider Electric but all its partners, to drive innovation, change and value for its customers.”