October 13, 2022

Vela Industries Group completes Scenario acquisition

13 October 2022 – Vela Industries Group is pleased to announce the acquisition of Scenario, a leader in project delivery and project controls software. Scenario is used on large and complex projects in the resource, infrastructure, construction, power, and property development industries across Australia, Asia and the Middle East.

“The Scenario acquisition is a complementary addition to VIG’s software portfolio. With increasing cost pressure on owners and contractors to deliver large-scale mining projects on time and schedule, Scenario will enable our customers to manage, collaborate, and report progress across a portfolio of mining projects in real time,” said John Bailey, from Vela Industries Group. “We look forward to working with Scenario to enable the delivery of projects across our global ecosystem.”

“We are excited and proud to be joining Vela Industries Group and working alongside other leading software organisations operating within our client industries, said Sarah Smith, CEO of Scenario. This acquisition is an important next step in our continued growth journey, further expanding our international presence through Vela’s network.”

About Scenario 

Scenario is an Enterprise SaaS platform that provides Project Delivery and Project Control solutions for mining, property development, energy, infrastructure, and construction projects. It can scale from a portfolio of major projects to complex mega projects, all with varying requirements and needs.