Aveva eyes growth in China's digital transformation

Aveva eyes growth in China's digital transformation By FAN FEIFEI China Daily Updated: Nov 29, 2024 Industrial software developer Aveva is looking to grasp the abundant opportunities arising from China's emphasis on industrial upgrading and digital transformation, and deepen its cooperation with Chinese companies by leveraging cutting-edge technologies to improve production efficiency in various fields, said senior executives of the company. Emon Zaman, senior vice-president and head of Asia-Pacific at Aveva, said, "In China, I believe the manufacturing industry, which includes things like semiconductors and discrete manufacturing and even consumer products, will continue to have a big opportunity for Aveva as well as companies here." China is the world's largest manufacturing country, with its manufacturing output accounting for nearly 30 percent of the global total, ranking first for 14 consecutive years, according to the Ministry of Industry and Information Technology. Foreign enterprises have been, and will hopefully remain, key contributors to China's industrial modernization drive, particularly in areas like automation and digitalization of industrial and supply chains, where multinational firms have strong positions globally, including in China, said Denis Depoux, global managing director of consultancy Roland Berger.