Engineer Smarter, Operate Better, Drive Sustainable Efficiency
Both companies are founded on open and agnostic principles, and that won’t change. We’re committed to working with you and harnessing the power of our ecosystem to drive operational agility throughout the asset lifecycle.
We’re redefining what’s possible with industrial software, using Performance Intelligence to see worlds of data from bold new angles, and inspiring people to shape a sustainable future.
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We are pleased to confirm that AVEVA has joined forces with OSIsoft to create a unique opportunity to meet the expanding operational data management needs of industrial companies and accelerate their digital transformation. The combined portfolio brings OSIsoft’s world-class data platform together with AVEVA’s leading industrial software to unlock Performance Intelligence.
The newly combined company will operate under the AVEVA name and continue to be listed on the London Stock Exchange. Our corporate headquarters is in the United Kingdom with major offices around the world. For more details on the transaction, please visit investors.aveva.com.
With over 50 years of innovation, AVEVA has powered industries and partners across the world. Customers have been deriving value from AVEVA’s rich portfolio of industry solutions for decades. Now with the inclusion of OSIsoft, AVEVA offers the largest, most trusted, and comprehensive operational data management solution in the industry. AVEVA’s newly combined portfolio offers the broadest range of use cases for industrial digital transformation.
Bringing the market’s premier operational data management solution together with AVEVA’s leading industrial software means you can now simplify design processes, optimize production, reduce energy use and maximize performance, with solutions that predict outcomes and provide prescriptive guidance that frees your organization to act faster.
By connecting the power of information and artificial intelligence to human insight, we give the people behind everyday essential processes the industrial software they need to engineer smarter, operate better and drive sustainable efficiency. Now we combine exceptional insight with collaborative innovation to empower your business. We’re committed to harnessing the power of our combined ecosystem to drive operational agility.
We are founded on open and agnostic principles, and that won't change. We are committed to continuing our trusted and valued relationships with you to drive agility and sustainable growth.
Performance Intelligence connects data, artificial intelligence and human insight – to help organizations engineer smarter, operate better and drive sustainable efficiency. This is why AVEVA has joined forces with OSIsoft, to meet the expanding data management needs of industrial companies and accelerate digital transformation.
Our combined portfolio brings OSIsoft’s world-class operational data management solution together with AVEVA’s leading industrial software to unlock Performance Intelligence. Our solutions deliver industrial information management with integrated analytics directly to your experts, managing capital and operating expenses, mitigating risk and driving innovation. This provides your organization the information they need, in the right format, at the right time, to unlock new levels of performance.
Yes. Both AVEVA and OSIsoft are founded on open and vendor-neutral principles, and that won't change. We believe that platform-independent industrial software is vital to your success. Our unparalleled capabilities mean that together we’re committed to harnessing the power of our ecosystem to drive agility from engineering to operations. We are committed to continuing our trusted and valued relationships with you to drive sustainable growth.
AVEVA and OSIsoft have been solving challenges in common industries and with joint customers for years. There are many instances where OSIsoft’s PI System and AVEVA’s solutions are delivering value to customers today.
For example, in the power generation industry, PI System is integrated with AVEVA™ Predictive Analytics to improve asset reliability. In the oil and gas market, PI System is integrated into AVEVA™ Unified Operations Center for advanced visualization to enhance collaboration and agility.
Also, the combination of AVEVA and OSIsoft offerings provides customers with a compelling digital twin capability. Empowering teams with easy cloud access to AVEVA’s powerful industrial software applications, combined with PI Cloud data sharing capability, delivers a powerful paradigm for utilizing digital twins in both plant and remote sites.
As we bring our teams and technology together, more opportunities for deeper integration of our solutions will provide out-of-the-box integrations, giving you access to faster and even more intuitive value.
Aligning our portfolio is an ongoing process that will take place over the next several months. Our joint portfolio is complementary, and we are excited about the opportunities that our combined roadmap will enable for our customers. We will work together to make this a success for our customers, and over time, will provide a more detailed view.
We will continue to support existing AVEVA and OSIsoft offers, and while no product migrations will be required, we will provide both technical and commercial migration options to our customers should they desire to migrate their data management capabilities.
Yes. There are no planned changes in the account management team or the partners you work with today. We will continue to provide sales and service support to our customers and our joint ecosystem of partners in the same ways you know and expect. Please continue to communicate with your current contacts, whether from OSIsoft or AVEVA. They will be able to provide more information to support your specific needs and requirements.
No. We will continue to provide the same level of support you have come to expect from us, and we are fully maintaining and supporting our current services and solutions.
No. All customer logins remain the same. Customers can continue to use existing logins for current portals for support, training, and services. We will look for opportunities to simplify and consolidate our systems for customers in the future. Any pending changes will be communicated to you well in advance and support will be provided.
No. Current contracts and agreements will continue to be valid for all customers.
Immediately following the transaction, there is no change to how you contact support. As our teams come together, we will look to consolidate and streamline the ways you engage with customer support. The most current information will always be available to you at our support website.
Schneider Electric, AVEVA’s majority shareholder, fully endorses this transaction. Schneider Electric believes open, vendor-neutral software across the full operational lifecycle is a key enabler for next-generation industries. This acquisition is aligned with Schneider Electric’s strategic vision to grow its suite of best-in-class, end-to-end software while reinforcing AVEVA’s position as the leading independent Industrial IoT software provider, open to all underlying automation systems. For more information, please see Schneider Electric’s investor release on this topic.
If you have any immediate questions, please contact your AVEVA or OSIsoft account manager or partner who will be able to help. We will ensure that your questions are addressed as quickly and as comprehensively as possible.
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