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Aras Corp

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Aras Corporation
TypePrivate
IndustryEnterprise software
Founded2000; 26 years ago (2000)
FounderPeter Schroer
Headquarters
Andover, Massachusetts
,
United States
Key peopleLeon Lauritsen (CEO)
ProductsAras Innovator
Number of employees
550
Websitewww.aras.com

Aras Corporation is an American developer and publisher of product development software, Aras Innovator.[1] The product is used for product lifecycle management (PLM) and other purposes.[1] Since 2007, Aras has been providing Aras Innovator for free as "Enterprise open-source software", with Aras Corp providing technical support, software updates, and other consulting as a subscription service.[2] Aras Corp was founded in 2000 in Andover, Massachusetts by Peter Schroer, who was chief executive officer (CEO) until 2021.[3]

Aras Innovator is an enterprise software suite for managing product lifecycle management business processes. The product is based on the Microsoft .NET Framework and SQL Server.[4] The product is used for product lifecycle management (PLM), advanced product quality planning (APQP), lean product development, product quality control, collaborative product development and new product introduction (NPI).[1]

Until 2007, Aras sold their product as proprietary software for enterprises.[2]

In 2007, Aras began 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.[2]

In July 2020, Aras confirmed the introduction of a new framework, Digital Twin Core, which introduces functionality for generating and handling digital twins to the Aras low-code package.[5]

Leadership

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Founder Peter Schroer was CEO from 2000 until 2021, when he moved to the company's board of directors.[3][6]

Roque Martin was appointed CEO in November 2021, with a mandate covering international growth, cloud expansion and the professionalization of the company's corporate structure.[7][8] He held the position until late 2025.[9]

In September 2025, Leon Lauritsen succeeded Martin as CEO. Lauritsen had previously led the company's global sales organisation, joining Aras through its 2022 acquisition of Minerva, which he had headed.[10][9]

References

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  1. 1 2 3 "Can product life-cycle management boast direct tie to lean?". MSI. 1 October 2004. Archived from the original on 11 June 2014 – via HighBeam Research.
  2. 1 2 3 Denison, D.C. (24 September 2012). "Software companies build business on model of free". The Boston Globe.
  3. 1 2 "Company". Aras Corporation. Retrieved 28 July 2026.
  4. ↑ McAllister, Neil (15 January 2007). "Soft sell for open source apps". InfoWorld.
  5. ↑ "Aras Announces Digital Twin Core for Creating and Managing Digital Twins". businesswire. 7 July 2020. Archived from the original on 2020-08-12. Retrieved 3 August 2020.
  6. ↑ "Taking Aras PLM from a thorn in the side to a real threat". Engineering.com. Retrieved 28 July 2026.
  7. ↑ "Aras appoints Roque Martin new CEO". Meccanica Plus. November 2021. Retrieved 28 July 2026.
  8. ↑ "25 Years of Innovation with Aras". Aras Corporation. Retrieved 28 July 2026.
  9. 1 2 "Why Aras PLM's CEO stepped down and where the new boss Leon Lauritsen will take the company". PLM&ERP News. 2025. Retrieved 28 July 2026.
  10. ↑ "Leon Lauritsen succeeds Roque Martin as CEO of Aras". DailyCADCAM. September 2025. Retrieved 28 July 2026.

Further reading

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