AVEVA

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AVEVA
Aveva logo.svg.png
NIST Sector Data
Utility
GICS Industrial Software & Services
Smart Tag(s)
Business type Public
Year Founded 1967
Founder(s) Bob Bishop
City, State Cambridge England
Country United Kingdom
Region Served Worldwide
Executives Philip Aiken
Revenue £820.4 million$ 1,108.649 <br />€ 975.611 <br />CA$ 1,407.984 <br />CNY 7,017.746 <br />KRW 1,358.593 <br />
Number of employees 6,250
Sponsorship Level Of Interest
Members

Pat Kennedy.jpeg

AVEVA Group plc is a British multinational information technology consulting company headquartered in Cambridge, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. The company started as the Computer-Aided Design Centre (or CADCentre) which was created in Cambridge in 1967 by the UK Ministry of Technology and Cambridge University.

Activities

Chula-vista-bayfrontfuture-resortconv-center-development.jpg Chula Vista Smart Waterfront
The Chula Vista smart waterfront is a 535 acre joint development by City of Chula Vista and the Port of San Diego – currently the largest waterfront development project on the U.S. West Coast. The development is groundbreaking in its approach to energy efficiency in (1) targeting 50 percent reduction in annual energy use for the development and (2) each building performing at least 15 percent better than Title 24 requirements in the California Building Energy Efficiency Standards. Recognizing the need to monitor and control this new energy infrastructure, the Bayfront project also focuses on the communications network technologies and smart infrastructure solutions that will provide operational efficiency, sustainability, and economic development opportunities for the City. The Project team, led by Black & Veatch, is focused on evaluating the three major components of energy, telecom, and smart infrastructure – determining solutions that will meet the aggressive energy goals and provide a foundational, scalable approach to future communications and smart city applications.
PENN-AVE-DRONE-HERO-BRIDGE.jpg Pittsburgh building portfolio cyber-secure, real-time utility data integration and AI analysis
This project is expanding on a successful 5 building pilot with the City of Pittsburgh to integrate most of the 167 city building’s real-time (15 minute interval) utility and usage data in the BuildFit application and BOSS Controls Smart Plugs. Using visualizations and artificial intelligence algorithms developed at the Carnegie Mellon University (CMU) School of Architecture (SOA), BuildFit will then provide recommendations for utility savings, sub-metering and indoor environmental quality (IEQ) optimization. The project will also allow for comprehensive support for the Pittsburgh Building Benchmarking Ordinance and Regional Energy Strategy (Power of 32) and 2030 District Challenge to improve energy resiliency and efficiency. Another important feature of the software and hardware components of this project will be defining and implementing the cyber security standards for smart building components and software in conjunction with NIST and other key government agencies. This will also include the first Smart Building/Smart City independent training, testing and certification lab at the Energy Innovation Center in Pittsburgh, PA

Details

The origins of AVEVA start in 1967 in Cambridge, England, with the establishment of the CADCentre, as it was more commonly referred to, and later formally became. It was a government-funded research institute created by the UK Ministry of Technology, with a mission to develop computer-aided design techniques and promote their take-up by British industry. Its first director was Arthur Llewelyn, who initially contracted out the recruitment and management of specialist staff to ICL.

The centre carried out CAD research, and some of its early staff members, such as brothers Dick Newell and Martin Newell, went on to become well known in the worldwide CAD community. Dick Newell oversaw the creation of the Plant Design Management System (PDMS) for the 3D process plant design. He later co-founded two software companies – Cambridge Interactive Systems (CIS) which was known for its Medusa 2D/3D CAD system, and Smallworld with its eponymous Smallworld GIS (Geographical Information System). Martin Newell later went to the University of Utah where he did pioneering 3D solid modelling work; he was also one of the progenitors of PostScript.

CADCentre became a private company in 1983, was the subject of a management buyout in 1994 under the leadership of its first managing director, Dr. Bob Bishop, and became a publicly quoted company in 1996. It changed its name to AVEVA in 2001.