Packaging Business, SCG Selects AspenTech Software to Achieve Operational Excellence via Advanced Machine Learning
December 10 2018 - 9:00AM
Business Wire
Total Packaging Solutions Provider in Thailand
Adopts Aspen Mtell® Software to Mitigate Unplanned Downtime
Aspen Technology, Inc. (NASDAQ:AZPN), the asset optimization
software company, today announced that, following a competitive
selection process, Packaging Business, SCG, a total packaging
solutions provider in Thailand, has selected Aspen Mtell software
to mitigate unplanned downtime. Once deployed, SCG will be a leader
in digital transformation by using advanced machine learning
software to achieve operational excellence.
Aspen Mtell software mines historical and real-time operational
and maintenance data to discover precise failure signatures that
precede asset degradation and breakdowns, predict future failures
and prescribe detailed actions to mitigate or solve problems. SCG
has selected Aspen Mtell software based on speed of deployment,
accurate early detection of asset failures, avoidance of false
alarms and ability to scale the solution system-wide.
According to SCG, “Aspen Mtell software can predict degradation
much earlier compared against competing software systems. With
plans to deploy Aspen Mtell software company-wide, SCG becomes an
early adopter of Industry 4.0 technologies by using predictive and
prescriptive analytics for optimal maintenance.”
“We are pleased that SCG has selected Aspen Mtell software in
pursuit of strategic digital transformation and achievement of
operational excellence via advanced machine learning software. By
mitigating unplanned downtime, the consumer-packaged goods industry
can achieve increased profitability and maximize uptime via asset
performance management,” added Dr. Filipe Soares-Pinto, Senior Vice
President of Sales and Operations, Asia Pacific, AspenTech.
Supporting Resources
- Packaging Business, SCG
- Aspen Mtell®
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.
© 2018 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen
leaf logo and Aspen Mtell are trademarks of Aspen Technology, Inc.
All rights reserved.
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Aspen Technology, Inc.Georgina Tan+65 6395
3913Georgina.Tan@aspentech.com
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