What does AVV mean in LONDON STOCK EXCHANGE
AVV is an acronym which stands for Aveva Group. This is a British multinational information technology and engineering company that designs and develops various types of software for engineering, design, operations, and data management. It provides solutions for industries such as oil and gas, food and beverage, pharmaceuticals, power generation, water management, consumer products and construction. Founded in 1967 as Associated Visual Data Ltd., the company has grown to become a global leader in the development of innovative engineering software solutions.
AVV meaning in London Stock Exchange in Business
AVV mostly used in an acronym London Stock Exchange in Category Business that means Aveva Group
Shorthand: AVV,
Full Form: Aveva Group
For more information of "Aveva Group", see the section below.
Overview
Aveva Group is headquartered in Cambridge, UK with facilities located around the world. The company operates through two main business divisions – Aveva Solutions and Aveva System Platforms & Solutions (SP&S). Aveva Solutions focuses on designing and developing leading-edge software tools to help customers optimize their industrial processes. Its flagship product is the award winning Supervisory Control And Data Acquisition (SCADA) system known as Aveva Everywhere SCADA which enables users to monitor large-scale processes from any location. The company’s other products include Asset Performance Management (APM), Manufacturing Execution Systems (MES), Environmental Monitoring Systems (EMS) and Industrial IT solutions such as Plant Information Management System (PIMS). In addition to its own range of products, Aveva offers professional services such as implementation support, training and maintenance contracts.
History
Aveva was founded in 1967 by Eric Moller under the name Associated Visual Data Ltd., specialising in draft plotting equipment for shipyards. By 1977 AVDL had become one of Europe's largest manufacturers of mechanical draughting equipment; however they began diversifying into computer aided design software later that decade after making substantial investments in research & development activities. In 1997 AVDL changed its name to Aveva Group plc following a merger with CADCentre plc; this new entity quickly established a strong presence within the marine design sector due to its suite of high-end ship design processing tools such as PDMS or Plant Design Management System. In 2008 the company went public on the London Stock Exchange with a valuation of £661m ($1b USD). Since then it has continued to acquire companies across various industries including energy & utilities, food & beverage production systems – most recently acquiring OSIsoft LLC for $5bn USD in 2020 – cementing their position as one of the top providers industrial software solutions globally.
Essential Questions and Answers on Aveva Group in "BUSINESS»LSE"
What is Aveva Group?
Aveva Group plc is a British multinational engineering and information technology company headquartered in Cambridge, England, specializing in industrial software. The company has more than 4,500 employees and offices in over 40 countries. It provides software primarily used by process manufacturers, such as the oil and gas industry, chemical companies, engineering contractors and power generation facilities.
What products does Aveva Group offer?
Aveva Group offers a range of industrial software solutions for asset performance management (APM), engineering design & engineering information (ED&E), digital twins, and Internet of Things (IoT). Their products include Plant Design Management System (PDMS), Simcentral platform, Asset Performance Insights (API), and Connected Assets Suite.
How can I access and use Aveva's products?
All of our products are cloud-based and accessible from any computer or mobile device with an internet connection. Some products may require additional licenses or subscriptions to be purchased. For specific product details, please contact us using the provided contact information below.
Does Aveva provide training for their products?
Yes. Aveva offers comprehensive online training programs for its products as well as on-site training services tailored specifically to the needs of customers utilizing our various product solutions. If you would like to learn more about our available training services please contact us through the provided contact information below.
Does Aveva have any customer support services available?
Yes. We offer technical support as well as product documentation via our website. Additionally, we have teams of customer service agents available by telephone or email to answer any queries or requests you may have related to our products or services.
Is there a way I can join Aveva's community?
Yes! Our community page is open to all users who are interested in engaging with other customers who share a common interest in industrial software applications and our various products solutions. Here users can connect with each other to share ideas & ask questions as well as access tips & tricks related to using our tools more efficiently.
Does Aveva partner with other companies?
Yes! We work closely with several leading organizations across different industries around the world including but not limited to; AVEVA Solutions Limited, the Global Maritime Forum, BP America Inc., ABB Automation Technologies Ltd., Philips Electronics etc.
Is Aveva committed to sustainability?
Absolutely! We take proactive approaches towards achieving sustainable development goals by integrating sustainable practices into our core business operations while also providing innovative solutions that help promote resource efficiency among our user communities.
Does Aveva host any events?
Yes! Each year we host numerous events such as webinars, hackathons and conferences that serve as great opportunities for industry professionals and innovators alike to network and exchange ideas on how they can drive better results through leveraging the potentials of industrial software tools.
Is there any way I can connect directly with an expert at Aveva?
Yes! Our dedicated team of professionals are always ready to provide one-on-one guidance on finding the best solution based on your individual needs & requirements for an optimal workflow experience.
Final Words:
In conclusion, AVV stands for Aveva Group - a multi-national IT engineering firm based out of Cambridge UK specializing in advanced software technologies related to asset performance management and industrial automation systems. The organization has been operational since 1967 when it first launched under the name Associated Visual Data Ltd before subsequently merging with CADCentre plc two decades later resulting in its name being changed into what we know today as ->AVEVA Group plc
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