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MARKET REPORT: Worst is over for Regus as workers trickle back
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Aveva CEO Hayman quits, replaced by Schneider s Herweck
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Strong pound, Aveva shares pull FTSE 100 lower; HSBC climbs
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AVEVA, a global leader in industrial software, driving digital transformation and sustainability has announced that it has extended its long-term relationship with Aker Solutions to help accelerate the company’s digital transformation strategy.
The two organizations will work together to deploy new engineering capabilities which will enable multi-discipline teams to work effectively together to develop and maintain the detailed definition of all the key operational items as well as deliver the full range of AVEVA’s process simulation, design, engineering, and lifecycle management technologies.
The extended partnership which now comprises most of AVEVA’s Engineering offerings, including AVEVA™ E3D Design, AVEVA Enterprise Resource Management, AVEVA Asset Information Management, and AVEVA Point Manager, will further strengthens Aker Solutions and AVEVA’s relationship.
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Business travel hasn’t bounced back yet. But it will and the recovery may be stronger than expected.
This isn’t a widely shared opinion at the moment. Corporate road warriors have largely stayed away from airports during the pandemic, even as cooped-up Americans have taken advantage of the vaccine rollout to plan getaways and visits with family. In a jam-packed week for airline earnings, American Airlines Group Inc. said daily net bookings had actually outpaced 2019 levels over the past week. But the bulk of that is from domestic leisure travelers; business and long-haul international demand is only 20% of what it was before the pandemic. Southwest Airlines Co. estimated business travel will still be down at least 50% at the end of this year compared with pre-Covid levels and Chief Executive Officer Gary Kelly said he wouldn’t be surprised if the market didn’t fully recover for another decade.