New AVEVA Enterprise Resource Management product suite offers optimised project performance

Cambridge, UK - 10 May 2012: AVEVA (LSE:AVV), today announced the release of an exciting new software product family for the marine and EPC market, AVEVA Enterprise Resource Management. Comprising the products AVEVA Material, AVEVA Planning and AVEVA Production, the application suite supports the entire project management and execution process.

Shipyards and EPCs will benefit from lower material and production/construction costs through improved project efficiency, shortening timescales and increasing project quality and control.

“AVEVA Enterprise Resource Management combines the proven plant and marine capabilities of world-recognised products AVEVA VPRM and AVEVA MARS”, said Lars Riisberg, Vice President, Enterprise Resource Management, AVEVA. “By bringing together the best of these technologies, including the ability to manage multiple projects within a much larger programme, we are helping our customers dramatically enhance their business performance. AVEVA has built its reputation on delivering innovative software solutions in the marine and plant markets and is creating a new generation of applications that offer even greater project management efficiencies.”

“AVEVA is in an unrivalled position to combine the valuable experience gained in both plant and marine environments to offer global organisations a unique, world-class solution for the project management and execution process”, added Derek Middlemas, COO and Head of Enterprise Solutions, AVEVA. “While the marine industry has benefited from an integrated material, cost, planning and production management solution for many years with AVEVA MARS, the new AVEVA Enterprise Resource Management solution will be game changing in the plant world.

Existing customers can be assured that both AVEVA MARS and AVEVA VPRM will continue to be fully supported. However, we are confident that our customers will be keen to turn towards this new integrated Enterprise Resource Management solution.”

AVEVA Enterprise Resource Management features a modern flexible graphical user interface and customers are presented with an accessible suite of products that can be easily implemented to immediately improve productivity. The AVEVA Enterprise Resource Management applications incorporate procurement, project control, logistics, materials management, production planning and construction management. This fully integrated approach significantly reduces the cost and time to build, increasing profitability. AVEVA Enterprise Resource Management provides unrivalled data integrity, with a framework of applications flexible enough to meet the diverse requirements of any organisation.