AVEVA appoints tech leaders for SaaS expansion
Technology

AVEVA appoints tech leaders for SaaS expansion

AVEVA, a prominent player in the industrial software industry, has announced the appointment of two new non-executive directors to its board in September. These appointments reflect the company's commitment to strengthening its focus on transitioning to Software-as-a-Service (SaaS) and expanding its presence in key markets like the US and China.

Dr. Yanbing Li brings a wealth of experience as a global business and technology leader, renowned for her success in building market-leading products and overseeing hyper-growth businesses exceeding $1 billion in value. Her background in technology and engineering, coupled with her expertise in cloud commerce and enterprise software, makes her a valuable addition to the board as AVEVA navigates the evolving digital SaaS landscape.

Carl Bass, former President and CEO of Autodesk, is another significant addition to AVEVA's board. He is credited with expanding Autodesk's portfolio beyond its core software offerings through strategic acquisitions and innovative product developments. His leadership in transitioning from 2D to 3D model-based design is noteworthy, and his co-founder roles in companies like Flying Moose, Ithaca Software, and Buzzsaw highlight his entrepreneurial spirit.

Caspar Herzberg, AVEVA's CEO, expressed his enthusiasm about the new board members, emphasising their importance in shaping the company's strategic direction during a pivotal moment in its evolution toward pioneering software that drives digital innovation in various industries.

AVEVA's Chairperson, Peter Herweck, echoed this sentiment, highlighting the expansion of the board as a crucial step in accelerating AVEVA's SaaS strategy and penetrating high-growth markets. He stressed the significance of the new directors' expertise in engineering and design software, as well as their extensive experience operating in global markets, particularly in Asia.

AVEVA's strategic focus revolves around becoming the leading SaaS provider of industrial intelligence, with a transition toward a subscription-based business model currently underway. The company's journey from a niche design software developer to a global industrial software leader has resulted in software solutions that enhance efficiency and reduce costs for over 20,000 customers worldwide. AVEVA's offerings include end-to-end Digital Twin solutions that cover the entire asset lifecycle, from Engineering through to Operations and Maintenance, across diverse industries on a global scale.

AVEVA, a prominent player in the industrial software industry, has announced the appointment of two new non-executive directors to its board in September. These appointments reflect the company's commitment to strengthening its focus on transitioning to Software-as-a-Service (SaaS) and expanding its presence in key markets like the US and China. Dr. Yanbing Li brings a wealth of experience as a global business and technology leader, renowned for her success in building market-leading products and overseeing hyper-growth businesses exceeding $1 billion in value. Her background in technology and engineering, coupled with her expertise in cloud commerce and enterprise software, makes her a valuable addition to the board as AVEVA navigates the evolving digital SaaS landscape. Carl Bass, former President and CEO of Autodesk, is another significant addition to AVEVA's board. He is credited with expanding Autodesk's portfolio beyond its core software offerings through strategic acquisitions and innovative product developments. His leadership in transitioning from 2D to 3D model-based design is noteworthy, and his co-founder roles in companies like Flying Moose, Ithaca Software, and Buzzsaw highlight his entrepreneurial spirit. Caspar Herzberg, AVEVA's CEO, expressed his enthusiasm about the new board members, emphasising their importance in shaping the company's strategic direction during a pivotal moment in its evolution toward pioneering software that drives digital innovation in various industries. AVEVA's Chairperson, Peter Herweck, echoed this sentiment, highlighting the expansion of the board as a crucial step in accelerating AVEVA's SaaS strategy and penetrating high-growth markets. He stressed the significance of the new directors' expertise in engineering and design software, as well as their extensive experience operating in global markets, particularly in Asia. AVEVA's strategic focus revolves around becoming the leading SaaS provider of industrial intelligence, with a transition toward a subscription-based business model currently underway. The company's journey from a niche design software developer to a global industrial software leader has resulted in software solutions that enhance efficiency and reduce costs for over 20,000 customers worldwide. AVEVA's offerings include end-to-end Digital Twin solutions that cover the entire asset lifecycle, from Engineering through to Operations and Maintenance, across diverse industries on a global scale.

Next Story
Technology

BBMP Pledges Faster E-Khata Processing Amid Citizen Complaints

Facing mounting complaints over delays in e-khata issuance, the Bruhat Bengaluru Mahanagara Palike (BBMP) has promised to resolve the issue within 10 days. BBMP Chief Commissioner Tushar Giri Nath assured citizens that efforts are underway to expedite processing rates from the current 2,000 to a target of 10,000–15,000 applications daily. "We have cleared 90% of the 90,000 pending applications, leaving only 4,500 to process. To meet the demand, over 800 additional staff and assistant revenue officers (AROs) have been deployed to manage applications in each ward," Nath stated. Persistent Dela..

Next Story
Real Estate

Delhi HC Orders DDA to Assist CBI in Housing Lapses Probe

The Delhi High Court has instructed the Delhi Development Authority (DDA) to fully cooperate with the Central Bureau of Investigation (CBI) in its probe into alleged lapses in the construction of 336 high-rise HIG/MIG houses at Signature View Apartments, north Delhi. Justice Chandra Dhari Singh emphasized that DDA must furnish information about any internal inquiry and the officials involved to facilitate the investigation. The court noted CBI’s submission that DDA had not responded to multiple reminders since July, delaying the probe. The CBI is investigating allegations of "cheating, crimi..

Next Story
Infrastructure Urban

Mahindra Lifespace to Appeal Tamil Nadu GST Tax Demand

Mahindra Lifespace Developers Ltd has announced a tax demand of Rs 20.9 million imposed by the Tamil Nadu GST department, including interest and penalties. The order, issued by the Assistant Commissioner of State Tax, Chengalpattu, cites an alleged shortfall in GST payments under Section 74 of the GST Act, 2017. The realty firm refuted the allegations, stating, “Based on the company's assessment, there is no noncompliance, and a general penalty has been imposed.” The company plans to appeal the order, expressing confidence in a favorable resolution. Mahindra Lifespace assured stakeholders ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000