AspenTech Joins SAP® PartnerEdge® Program; Announces Availability of Aspen Mtell® on SAP App Center
May 08 2018 - 9:00AM
Business Wire
Aspen Mtell® Prescriptive Maintenance Software
Now Available, Delivering Accurate Advance Warning of Asset
Failures to Customers
Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization
software company, today announced that it has joined the SAP®
PartnerEdge® program as a partner that designs, develops and builds
software using the SAP HANA® platform. Through its participation in
the program, it is now announcing the availability of the Aspen
Mtell prescriptive maintenance software, which runs on SAP HANA.
The solution provides customers with a rapidly deployed, low-touch
machine learning solution that accurately predicts impending
equipment failures. The Aspen Mtell solution is now listed on SAP
App Center, the digital marketplace
for SAP partner offerings.
“Aspen Mtell on SAP HANA is a software solution that leverages
digitalization while meeting the requirements of the real-time
enterprise at scale, supporting better business and operational
decisions,” commented John Hague, senior vice president and general
manager of AspenTech APM. “Aspen Mtell is part of the aspenONE®
Asset Performance Management (APM) software suite offering the
critical combination of real-time data, advanced analytics enabled
by machine learning and rich process knowledge.”
Without dependence on first-principle models and armies of
consultant engineers and data scientists, Aspen Mtell software on
the SAP HANA platform is quickly deployed and can produce results
in as little as two weeks. The solution predicts future asset
failures with fewer false alarms, and with enough lead time to
optimize operations and maintenance decisions and avoid unplanned
asset downtime. It provides predictive and prescriptive analytics
to avoid or resolve problems quickly, consistently and safely.
As an SAP partner in SAP PartnerEdge, AspenTech is empowered to
build, market and sell software applications on top of
market-leading technology platforms from SAP. The end-to-end
program provides the enablement tools, benefits and support to
facilitate building high-quality, disruptive applications focused
on specific business needs – quickly and cost-effectively. The
program provides access to relevant SAP software in one simplified
framework under a single, global contract, including the ability to
bundle licenses of SAP Cloud Platform with partner
applications.
About AspenTechAspenTech 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.
SAP, SAP HANA, PartnerEdge and other SAP products and services
mentioned herein as well as their respective logos are trademarks
or registered trademarks of SAP SE (or an SAP affiliate company) in
Germany and other countries. See
http://www.sap.com/corporate-en/legal/copyright/index.epx for
additional trademark information and notices.All other product and
service names mentioned are the trademarks of their respective
companies.
© 2018 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen
leaf logo, 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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AspenTechAmanda McCarthy, 781-221-6806Media
RelationsAmanda.mccarthy@aspentech.com,
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