CAD CAM CAE - CADinfo.net - home  
CAD, CAM, CAE, design, technical drawing, drafting, delineation, visualization, manufacturing ISSN 1442-2255
 

Archived news announcement

Archived news announcement

AVEVA Corners Chinese Boiler Market


advertisement

May, 9th 2005 -- Cambridge UK - AVEVA (LSE:AVV), today announces that, with the signing of the Dongfang and Harbin Boiler Companies, as well as the Shanghai Boiler Works, it is now effectively the biggest provider of engineering IT solutions to the L1bn Chinese industrial boiler market.

In deals that are worth more than US $300,000, all three companies have purchased AVEVA's flagship product, VANTAGE PDMS, with the Harbin Boiler Company and the Shanghai Boiler Works also investing also investing in other integrated AVEVA solutions.

The Harbin Boiler Company is the largest utility boiler manufacturer in China with more than 7,000 employees. Last year, the company installed its products in more than 180 power plants in 29 Chinese provinces, municipalities and autonomous regions as well as 23 countries abroad.

The Shanghai Boiler Works is the earliest established boiler manufacturing enterprise in China, in operation for more than half a century. Engaged in large utility boiler, nuclear power primary equipment, chemical equipment, industrial boiler, and boiler renovation amongst other enterprises, its products for the nuclear power and chemical industries are found throughout 28 provinces, cities and autonomous regions of China, as well as more than 20 countries worldwide.

The three companies represent the market in approximately equal shares so, with the signing of the Dongfang Boiler Company AVEVA's products will be used in major boiler installations across the country, which boasts the world's fastest-growing economy.

"These contract signings are a validation of AVEVA's ongoing and scrupulous commitment to the Chinese Boiler Industry," said Richard Longdon, CEO of AVEVA group. "There is currently a huge push to provide extensive customisation of products in order to suit customer need. This necessitates the kind of improvements in design automation and productivity that only AVEVA's proven solutions can deliver."

About AVEVA

AVEVA Group plc is one of the world's foremost and fastest-growing lifecycle engineering IT solutions and services providers to the oil and gas, paper and pulp, power, chemical, pharmaceutical and shipbuilding industries. Listed on the London Stock Exchange (LSE:AVV), the Group has grown consistently since 1967 on the strength of pioneering engineering technology that protects the information assets of its customers despite the changing nature of the IT industry.

The Group's history of innovation spans five decades and has produced most of today's major engineering IT technologies. Serving over 1100 clients, AVEVA has a dominant position in many market sectors both on and offshore. In May 2004, the Group acquired Tribon Solutions AB, the market-leading shipbuilding solution company and now serves 80% of the world's top 20 shipbuilders.

The Group's clients include leading plant owner operators and engineering contractors such as 3M, ALSTOM Power, AMEC, BASF, China Huanqiu Contracting & Engineering Corporation, Daewoo Heavy Industries, Daewoo Shipbuilding & Marine Engineering (DSME), Dalian New Shipbuilding, Du Pont, Electricite de France, Halliburton, Hanjin Heavy Industries, Hitachi, Hudong Zhonghua Shipyard, Hyundai Mipo Dockyard, Hyundai Samho Heavy Industries, Kawasaki Heavy Industries, Kawasaki Shipbuilding Corporation, Krupp Uhde, Kvaerner, Merck, Mitsubishi Heavy Industries, Mitsui Engineering & Shipbuilding, North-West Electric Power Design Institute, Petronas Carigali, Samsung Engineering, Shanghai Waigaoqiao Shipbuilding, Shell, Sinopec Engineering Incorporation and STX Shipbuilding.

Headquartered in Cambridge, England, AVEVA Group plc and its operating subsidiaries currently employ more than 500 staff worldwide with offices in England, Australia, China, France, Germany, Hong Kong, India, Italy, Japan, KSA, Malaysia, Norway, Russia, Singapore, Sweden, South Korea and the USA.

About VANTAGETM

VANTAGE, the collective name for AVEVA's four-family plant lifecycle product suite, offers proven, integrated and versatile solutions for engineering IT. Well known for its Plant Design Management System (PDMS), it also addresses data management, project management, engineering design, visualisation, third party software integration, procurement and connecting the business enterprise on a common foundation. VANTAGE represents AVEVA's commitment to harnessing the best of technology to answer the needs of good engineering and offers the engineering world's most advanced globally-distributed project work solution. VANTAGE is developed upon a proven and evolving technology that has been deployed on major global projects for over 25 years.

About PDMSTM

VANTAGE Plant Design Management System (PDMS) is a data centric, multi-disciplinary solution for 3D process plant design featuring applications and reference data for every engineering discipline. It differs from conventional 3D approaches by not requiring a drawing engine, but producing graphics directly from a single, coherent data model of the entire plant. First launched in 1976, PDMS's architecture was designed to evolve: it has done so through many leading operating systems during the progress of the IT industry. The system offers compatibility with all previous versions and many other leading industry systems.

www.aveva.com