Quickie: AVEVA still feeling the slump in oil and gas

Quickie: AVEVA still feeling the slump in oil and gas

AVEVA just announced that, as expected, total revenue was up as reported but down in constant currencies, as the British Pound is weakened over Brexit uncertainties. In general, the results seem are due to slumping demand from companies that would normally use...
AVEVA’s update previews revenue growth in F17

AVEVA’s update previews revenue growth in F17

AVEVA today gave an update on its performance for the fiscal year that ended 31 March 2017. And it was, as usual, a terse 2-sentence statement:  The Board is pleased to report that the Group’s results, assisted by positive currency translation effects, show a...
AVEVA lets the good times roll

AVEVA lets the good times roll

New Orleans, the Big Easy. Mardi Gras floats and beads, a “laissez les bonne temps roulez” readiness for anything. The French Quarter. Great food. Hurricane Katrina and its aftereffects, still felt 11 years on. And, for a few days recently, home to...
AVEVA + Schneider a no-go

AVEVA + Schneider a no-go

In a very brief statement even by UK standards AVEVA just said, “Following the termination of the preliminary discussions between AVEVA Group Plc (“AVEVA”) and Schneider Electric SE, AVEVA has applied to the UKLA for the suspension of its shares to...
Deal and … maybe deal

Deal and … maybe deal

What happens when I spend the day on a plane? News! Briefly, AVEVA and Schneider Electric have resumed their tango. AVEVA today addressed press speculation by issuing an announcement that it was again in talks with Schneider Electric about a deal that would combine...
AVEVA’s FY16 was OK, despite end-market turmoil

AVEVA’s FY16 was OK, despite end-market turmoil

Most of the questions I am asked these days revolve around three things: the cloud, licensing models and how does the situation in end-market X affect vendor Y. Lately, X = oil and Y = AVEVA because of the massive uncertainty in the oil and gas world due to...