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// Workers AI · dad joke modeWhy did Aras Corp go to therapy? It had a lot of "core" issues.

From Wikipedia, the free encyclopedia
Aras Corporation
TypePrivate
IndustryEnterprise software
Founded2000; 26 years ago (2000)
FounderPeter Schroer
Headquarters,
Key people
Leon 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 served as chief executive officer 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 led Aras as chief executive officer from 2000 until 2021, when he moved to the company's board of directors.[3][6]

Roque Martin was appointed chief executive officer 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 chief executive officer. 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.
  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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