AVEVA has rolled out its enterprise cloud platform, "Connect," in India, targeting industrial operators, engineers, and IT firms to enhance digital transformation efforts. With a strong emphasis on India being a key innovation hub, AVEVA is committed to growing its research and development team by 5% annually. The company, now under the majority ownership of Schneider Electric, has maintained business independence while expanding its solutions and increasing investments in R&D.
AVEVA's strategic partnership with Schneider Electric has enabled the company to focus on driving digital transformation, improving operational efficiency, and reducing energy consumption and carbon emissions, aligning with India's sustainable growth agenda. The launch of the new Hyderabad Customer Experience Center, one of AVEVA's major technology hubs globally, signifies the company's dedication to digital innovation and sustainable development in line with India's industrial vision. This facility, spanning 140,000 square feet and accommodating over 1,200 technologists, showcases AVEVA's commitment to fostering digital innovation and growth.
The Hyderabad center, serving as AVEVA's largest R&D office, houses approximately 800 specialists with an additional 150 team members in Bangalore, collectively representing 43% of the company's global R&D strength. AVEVA is dedicated to expanding its R&D workforce in India by 5% each year, demonstrating its commitment to innovation and sustainable growth. With over 20,000 clients globally, including top names like BASF, Starbucks, and Shell, AVEVA collaborates with industry leaders in India such as TATA Power, Dr. Reddy’s Laboratories, and L&T Hydrocarbon Engineering, particularly in sectors like chemicals, power, and wastewater management.
AVEVA's India Market Leader, Ajit Kulkarni, highlighted India's potential in the industrial revolution, emphasizing the role of "Connect" in providing industrial companies with a comprehensive data ecosystem to drive profitability through smarter engineering and better operations. The platform aims to facilitate collaboration across teams and organizations, ushering in global success through digital transformation in sectors like chemicals, power, and energy industries in India.