AVEVA Unveils New Vision to Define the Future of Plant Design Software at ACHEMA

Leading provider of engineering design solutions announces a new product which will deliver a new level of performance for plant design

Frankfurt, Germany 19 June 2012: AVEVA (LSE:AVV), a leading provider of engineering design and information management solutions for the process, power and marine industries, today unveiled its vision for a new level of performance for plant design at the ACHEMA conference in Frankfurt, Germany.

Energy, chemical and mining markets are undergoing unprecedented market change, bringing new opportunities and fresh challenges, said Dave Wheeldon, CTO, AVEVA. The need to orchestrate engineering skills and management processes to respond faster to changing market conditions has never been greater. With more stringent control over compliance and requirements emerging from the new generation of engineers, AVEVA is planning for the future.

We are addressing The Future of Plant Design by outlining how plant design systems need to be instrumental in helping the power and process industries meet these needs, supporting both their new-build projects and leveraging their investment in a digital asset for through-life modifications. As we look to the future, we believe that plant design software will play a vital role in delivering new levels of design efficiency, collaboration and compliance management to drive competitiveness and sustainability.

Our customers are facing different challenges to those they faced just 5 years ago. To meet the needs of this changing market, AVEVA announced some details of its project to create a new product for plant design that will support new and improved ways of working, facilitate faster project deployment as well as embracing mobile computing to provide even greater control and visibility to stakeholders across the design chain.

AVEVA revealed that the project to set the new levels of performance for plant design has already involved hundreds of its engineering specialists acting on requirements captured from its customers and industry. It is now in a position to announce that it will preview the new product in October, followed by first release of the new product in December 2012.

The technical vision for this new product is:

A 3D modelling capability which is "real world" representation quality by combining the best 3D graphics and laser scanning point clouds

A 2D drawing capability fully automated and integrated with the 3D model

Full interoperability with other design systems in the design process

An architecture that can support project re-use and modular design

An integration with laser scanning point clouds for dimensional control in construction

Unlike other vendors who have brought out new products in past years, we will be doing this in such way that is interoperable with our existing PDMS product.

AVEVA will provide more information on the specifics of this project over the coming weeks and months on the The Future of Plant Design web site: www.aveva.com/futureofplantdesign. Alternatively, please contact AVEVA on futureofplantdesign@aveva.com or +44 1223 556655 for more information.

AVEVA is exhibiting at ACHEMA in hall 9.2 – booth C29.