CNC Milling

AVEVA plans Cambridge investment for HQ and R&D site

AVEVA plans Cambridge investment for HQ and R&D site

Key Takeaways

  • AVEVA plans to invest £30 million in its global headquarters and R&D center at Cambridge Science Park from 2026 to 2027.
  • The 80,000 square feet facility will bring together over 500 roles in one location.
  • The site will feature office space, meeting areas, and a demonstration center for customer and partner engagement.
  • Construction is underway, with partial occupancy scheduled for September 2026 and full opening expected in summer 2027.
  • The facility will support AVEVA's Industrial Intelligence strategy and include a mix of roles, including graduate positions.

Introduction to AVEVA's Investment

AVEVA, a leading provider of industrial software, has announced plans to invest approximately £30 million in its global headquarters and research and development center at Cambridge Science Park. This significant investment will bring together over 500 roles in one location, covering an area of about 80,000 square feet.

Site Plans and Operations

The facility, owned by funds managed by Morgan Stanley Real Estate Investing, is being designed with environmental and social considerations in mind. The building will feature office space, meeting areas, and a demonstration center for customer and partner engagement. The site will support workplace and operations planning, aligning with AVEVA's commitment to sustainability and social responsibility.

Comparison of AVEVA's Facility Features

Feature Description Size/Scope
Office Space Designed for employee collaboration and productivity 80,000 square feet
Meeting Areas Equipped for customer and partner engagement Multiple rooms
Demonstration Center Showcase for AVEVA's industrial software solutions State-of-the-art equipment
Research and Development Hub for innovation and development of industrial intelligence solutions Over 500 roles

Supporting Industrial Intelligence Strategy

The Cambridge hub will play a crucial role in supporting AVEVA's Industrial Intelligence strategy, which aims to bring together employees working in software, data, and AI. The site will include a mix of roles and functions, including graduate positions, to drive innovation and growth.

Conclusion and Future Plans

AVEVA's investment in its Cambridge headquarters and R&D center demonstrates the company's commitment to the local research and university environment. The facility is expected to be fully operational by summer 2027, with partial occupancy scheduled for September 2026. To mark the project, AVEVA will launch its Drive to AVEVA World initiative, highlighting industrial uses of digital tools for efficiency and automation.

Bottom Line

AVEVA's £30 million investment in its Cambridge headquarters and R&D center is a significant step forward for the company, supporting its Industrial Intelligence strategy and commitment to sustainability and social responsibility. With its state-of-the-art facility and talented team, AVEVA is well-positioned to drive innovation and growth in the industrial software sector.

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