Aras Corporation is an American developer and publisher of product development software, Aras Innovator. The Aras Innovator software is used for product lifecycle management, advanced product quality planning, lean product development, product quality control, collaborative product development and new product introduction. Aras Corp was founded in 2000 in Andover, Massachusetts. Aras Corp was founded by Peter Schroer in 2000. Until 2007, Aras sold their product as proprietary corporate software. Unsatisfied with the success of this product, Aras decided in 2007 to begin providing Aras Innovator as open-source software. Clients obtain the software for free, and Aras Corp provides technical support, software updates, and other consulting as a subscription service.
Siemens AG is a German multinational conglomerate company headquartered in Berlin and Munich. It is the largest engineering company in Europe. The principal divisions of the company are Industry, Energy, Healthcare, and Infrastructure & Cities, which represent the main activities of the company. The company is a prominent maker of medical diagnostics equipment and its medical health-care division, which generates about 12 percent of the company's total sales, is its second-most profitable unit, after the industrial automation division.
