In 1967, the Computer-Aided Design Centre (CADCenter) broke away from Cambridge University to form AVEVA. Today, the company operates in a multinational environment in the IT sector. AVEVA provides software solutions for industrial and engineering clients. The company operates in several industries including Chemicals, Food and Beverage, Infrastructure, Life sciences, Marine, Mining, Oil and Gas, and many others. AVEVA serves all these industries via subsidiaries. Its products cover specific sectors like 3D design, process simulation, manufacturing operations management, and optimization. AVEVA provides solutions for procurement, engineering, asset performance, planning and scheduling, and monitoring and control. The company has its headquarters in Cambridge, United Kingdom. In 1996, AVEVA listed on the London Stock Exchange as CADCenter but changed its ticker in 2001 after changing the name to AVEVA during the same year.  AVEVA is a recipient of major accolades including Employer of the Year and is a three-time consecutive winner of Britain’s Most Admired Company in the Software and Services sector award.

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