Based on its recent analysis of the engineering information management (EIM) solutions market, Frost & Sullivan has recognised AVEVA with the 2015 Global Frost & Sullivan Award for Competitive Strategy Innovation and Leadership. AVEVA was one of the early leaders in the EIM market and is currently the second largest vendor with an 18% share of the fragmented market. AVEVA has set itself apart from its peers with its customer centric strategy, global footprint, focus on innovation, vibrant partner ecosystem, and integration of its product lines with third party solutions. Furthermore, it has ensured consistent implementation of its business plans through best in class processes and strategic acquisitions.
Richard Longdon, CEO, AVEVA said, “our software is used in the process, power and marine industries to design, build and operate large capital intensive assets. Frost & Sullivan acknowledges that it is a combination of industry knowledge and solutions supported by our Digital Asset vision that sets us apart from the competition. This Digital Asset approach allows our customers to build an integrated information framework that matches the current state of the physical asset. It enables our customers to manage continual change as they deliver and operate some of the world’s most complex assets. We are delighted that a respected organisation such as Frost & Sullivan recognises AVEVA ahead of our peers. Our technology leadership is thanks to the hard work of the global team at AVEVA.”
Anisha Vinny, Frost & Sullivan Industry Analyst said, “strategic partnerships are becoming highly relevant to AVEVA, as they enable the company to penetrate newer markets and verticals. A case in point is its partnership with Capgemini and the recent collaboration with the enterprise content management giant EMC to create an integrated solution for tackling complex capital projects and asset operations.”
Bartec has been honoured as one of Germany’s most innovative SMEs at the German SME Summit in Essen. The company joins an exclusive group of prize winners stretching back over more than 20 years as Top 100 mentor Ranga Yogeshwar awards it the Top 100 Seal of Approval. The award to Bartec is the outcome of a two stage analytical procedure by a team of research scientists. This is the third time that the company has been honoured as a top innovator.
Ralf Koster, Bartec, CEO said, “generating good ideas and implementing them quickly is an important competitive factor for us. This is why we invest a lot of time and money into managing innovation. In doing so, we are relying on the creativity and inventiveness of all of our employees. I should like to extend my heartfelt thanks to them for helping us win this Top 100 award.”
Edited from press releases by Claira Lloyd
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/01072015/aveva-bartec-awards/