Geo Week News

January 7, 2015

AVEVA Acquires AEC Risk-Management Software Platform

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Cambridge, UK — AVEVA announced this week that it has acquired Irish company 8over8 Limited. The company produces ProCon, a risk-management software platform that makes relevant information available to owner operators and engineering procurement construction companies through the life of a construction project. 

AVEVA’s move to acquire ProCon, which can be deployed on site or through a privately managed cloud, is another recent example of software players in the AEC world moving toward increased information mobility on projects.

In a statement, Richard Longdon, CEO of AVEVA said, “Now more than ever before, our customers are seeking improved project control and reduced risk to their capital investment programmes. We are responding to the needs of all the industries we serve to help our OO customers maximise their return on capital investment, and our EPC customers to drive greater efficiency, enhancing their profitability and competitive differentiation while providing a well-established global platform to accelerate the rollout of ProCon.”

“By acquiring 8over8,” Longdon continued, “AVEVA is uniquely placed to ensure both technical and contractual integrity changes are captured during the project life cycle and provides further proof of AVEVA’s ongoing strategy to grow its business both organically and through acquisition.”

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