Aveva vs Fortive
Side-by-side comparison of AI visibility scores, market position, and capabilities
$1.55B TTM revenue Nov 2025; 16% ARR increase June 2024; 77% recurring revenue; 20K+ enterprises in 100+ countries; IDC Leader MES 2024-2025; $9.7B GBP market cap; industrial software leader
About
AVEVA is an industrial software company founded in 1967 at the Cambridge University Computer Laboratory and headquartered in Cambridge, United Kingdom, that provides engineering design, operations management, and industrial information management software for asset-intensive industries. The company was built around the belief that the engineering and operational complexity of industries like oil and gas, power, chemicals, and mining requires purpose-built software — not adapted enterprise platforms. AVEVA's mission is to help industrial organizations improve engineering performance, operational efficiency, and sustainability through connected industrial intelligence. Schneider Electric completed its full acquisition of AVEVA in January 2023.\n\nAVEVA's platform spans the industrial lifecycle: AVEVA E3D for 3D engineering design, AVEVA MES for manufacturing execution, AVEVA PI System for operations data management, AVEVA Unified Operations Center for real-time operational visibility, and AVEVA Predictive Analytics for asset performance management. The PI System, acquired through its 2018 merger with OSIsoft, is the de facto standard for industrial time-series data infrastructure in process industries. AVEVA's software is deployed by over 20,000 enterprises across more than 100 countries, serving sectors including energy, chemicals, food and beverage, mining, and water utilities.\n\nAVEVA reported trailing twelve-month revenue of approximately $1.55 billion as of November 2025, with annual recurring revenue growing 16% year over year and 77% of revenue coming from recurring software subscriptions — a significant shift from its heritage as a perpetual license vendor. IDC named AVEVA a Leader in its 2024-2025 Manufacturing Execution Systems MarketScape. Its Schneider Electric ownership provides strategic capital, energy management integration opportunities, and a global sales infrastructure that amplifies AVEVA's reach into industrial customers undergoing digital transformation.
Fortive Corporation (FTV) reported ~$6.3B revenue in FY2024. Industrial technology company providing precision instruments, workflow software, and service platforms for industrial and healthcare applications. HQ: Everett, WA.
About
Fortive Corporation is an industrial technology company providing precision instruments, professional workflow software, and services for the industrial, healthcare, and utility sectors. Spun off from Danaher Corporation in 2016, Fortive inherited Danaher's disciplined operating system (Fortive Business System, modeled on the Danaher Business System) and a portfolio of businesses spanning Intelligent Operating Solutions (Fluke multimeters, Tektronix oscilloscopes, Gordian facilities intelligence), Precision Technologies (Pacific Scientific instruments, Sensing), and Advanced Healthcare Solutions (ASP sterilization, Provation clinical documentation).
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