International running and risk management of AVEVA Group plc Essay

International course and risk management of AVEVA Group plc - Essay ExampleMeanwhile, within the home(a) and external business environments of multi-national companies of which AVEVA Group plc is wholeness, there are a number of risks that are faced that melt to hamper the normal direction and progression of the business strategies and ideas that the companies put in mark. Without a well organize organisational risk management in place, these risks register their presence so hard on the companies that they affect the mien and manner in which the companies can compete effectively against their competitors. This paper therefore looks at the issues of international running and risk management of AVEVA Group plc and how well the company places itself in the international business environment. Main securities industrys and warring situation Currently, AVEVA Group plc has markets in five major continents with Europe being is major market. The continents are northernmost America, Asia, Europe, Africa and South America. Within these market destinations, the company operates an overall of 46 offices, which are spread in an spotted proportion across 25 countries. Even though there are market operations in five major continents, the company has four major head offices that manage the operations that take place in the 25 various countries. For instance with a head office in Boston, the office takes apprehension of all markets in North America, while the head office in Rio De Janeiro takes care of all markets in Latin America. The head office in Lumpur is responsible for markets in Asia Pacific, while the office in Sulzbach has been move in charge of all markets in Europe, Middle East and Africa (Wei, 2012). In impairment of holistic market performance, AVEVA is yet to maximise its potential in the United States and BRIC countries as it still seeks to improve market plowshare in those countries (Barisik and Tay, 2010). The competitive situation presented to t he company is one that is focused on the provision of engineering design, hotdog/CAM software, and information management solutions that emphasise on specialised technology consulting services for plant, power and marine industries (Wilkin, 2004). Lately, issues such(prenominal) as marine oil exploration have caused an increase in the number of competitors, putting AVEVA in a highly competitive global market. Financial performance Global finance AVEVA Group plc is one of the listed companies on the London Stock Exchange, and constituting the FTSE 250 Index. This puts the company at a highly globalised financial situation as it serves clients globally. As of the end of 2013, the company had revenue of ?220 million from operating income of ?77.5 million. From this, the company made a cyberspace income of ?65 million, which is rated as a fairly impressive market performance (McKellar, 2010). The company currently has a total of 1,600 employees who are responsible for the human resour ce pool of operations within the company. The company has perpetually made strives to withstand global financing challenges and to ensure that it is financially viable among its key competitors. In terms of strategy, the company launched a couple of acquisition interventions as major growth and expansion strategy. This has led to a number of major global acquisitions such as the