Saras Selects Aspen Mtell® Prescriptive Maintenance Software to Improve Business Performance and Drive Operational Excellence
January 24 2018 - 4:10PM
Business Wire
Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization
software company, today announced that Saras S.p.A. (BIT: SRS),
owner of the most complex refinery in the Mediterranean, with
300,000 barrels per day of refining capacity, has selected Aspen
Mtell® software to drive reliability in its capital- and
asset-intensive refinery operations.
Aspen Mtell is part of the aspenONE® Asset Performance
Management (APM) software suite combining big data, machine
learning and process knowledge expertise to maximize performance
across the design, operations and maintenance asset lifecycle.
Aspen Mtell mines historical and real-time operational and
maintenance data to discover the precise failure signatures that
precede asset degradation and breakdowns, predict future failures
and prescribe detailed actions to mitigate or solve problems.
The company’s selection of Aspen Mtell was based on a
competitive “proof of concept” vendor selection process which
initially focused on critical refinery equipment, such as large
compressors and pumps. Aspen Mtell was able to execute this proof
of concept within weeks, winning the Saras business due to speed of
deployment, accurate early detection of asset failures, avoidance
of false alarms and ability to scale the solution system-wide.
Saras plans to use its sister engineering company, industrial
automation specialist Sartec, to roll out Aspen Mtell
refinery-wide.
Through asset performance management — enabled by a blend of
historical and real-time process, asset and enterprise data,
alongside proven advanced technology — organizations can transform
asset maintenance into optimum reliability, extending the life of
assets and maximizing the return on capital employed.
Supporting Quotes
Alessandro Zucca, Digital Platform Manager, Operations and
Assets, Saras“Improving reliability positively impacts a wide range
of issues, from reducing current maintenance costs to planning for
abnormal process conditions, avoiding emergency or unplanned
shutdowns and successfully managing unpredictable feed and demands.
Saras expects to achieve savings from this initiative, which is
part of an important digitalization project.”
John Hague, Senior Vice President and General Manager, AspenTech
APM Business Unit“AspenTech is pleased to extend optimization’s
reach for valued customers like Saras by combining our process
knowledge and expertise with machine learning. We look forward to
continuing to deliver asset performance management solutions that
maximize the performance and life of refinery and other industrial
assets.”
Supporting Resources
- Saras
- aspenONE V10 Software
- Aspen Mtell
About AspenTech
AspenTech is a leading software supplier for optimizing asset
performance. Our products thrive in complex, industrial
environments where it is critical to optimize the asset design,
operation and maintenance lifecycle. AspenTech uniquely combines
decades of process modeling expertise with big data machine
learning. Our purpose-built software platform automates knowledge
work and builds sustainable competitive advantage by delivering
high returns over the entire asset lifecycle. As a result,
companies in capital-intensive industries can maximize uptime and
push the limits of performance, running their assets faster, safer,
longer and greener. Visit AspenTech.com to find out more.
© 2018 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen
leaf logo, Aspen PIMS, Aspen PIMS-AO, Aspen Petroleum Scheduler,
OPTIMIZE and Aspen Mtell are trademarks of Aspen Technology, Inc.
All rights reserved. All other trademarks are property of their
respective owners.
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version on businesswire.com: http://www.businesswire.com/news/home/20180124005888/en/
Aspen Technology, Inc.AspenTechTony Mays, +44 (118) 92
26510tony.mays@aspentech.com
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