On May 10, 2012 AVEVA (LSE:AVV) announced the release of an exciting new software product family for the marine and EPC market, AVEVA Enterprise Resource Management. Comprising the products AVEVA Material, AVEVA Planning and AVEVA Production, the application suite supports the entire project management and execution process. Shipyards and EPCs will benefit from lower material and production/construction costs through improved project efficiency, shortening timescales and increasing project quality and control. “AVEVA Enterprise Resource Management combines the proven plant and marine capabilities of world-recognised products AVEVA VPRM and AVEVA MARS”, said Lars Riisberg, Vice President, Enterprise Resource Management, AVEVA.