aspenONE® Version 11 Software Targets Improved Customer Profitability
April 02 2019 - 9:00AM
Business Wire
New Software Version Closes the Gap between
Planning and Operations with the Introduction of Aspen GDOT and
Integration of Prescriptive Maintenance into Planning and
Scheduling for First Time
Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization™
software company, today announced the general availability of the
aspenONE® Version 11 software release. This release breaks down
barriers between engineers, planners, schedulers and maintenance
professionals and enables customers to leverage analytics to
streamline operations and boost profitability. With Version 11
customers can realize higher operational efficiencies and
throughput.
Version 11 release features innovations across aspenONE® Asset
Performance Management (APM), aspenONE® Engineering, aspenONE®
Manufacturing and Supply Chain software suites and introduces Aspen
GDOT dynamic optimization software, which unifies production
optimization for energy and bulk chemical companies in complex
industrial environments. Aspen GDOT is the next generation of
dynamic optimization technology, delivering increased savings for
our customers worldwide.
According to Peter Reynolds, Senior Analyst, ARC Advisory Group,
“Multi-unit optimization has always been difficult for many
refining and petrochemical companies due to the inherent complexity
of plant-wide models. The Aspen GDOT multi-unit dynamic
coordination solution uses a simpler approach with dynamic data
reconciliation and parameter estimation that should help
owner-operators reduce current gaps in planning and
scheduling.”
Version 11 of aspenONE® Asset Performance Management (APM)
software suite incorporates prescriptive maintenance into planning
and scheduling to warn of future equipment condition issues and
plan interventions for asset failures and quality issues. It
improves operational analytics for continuous and batch operations
to accurately identify sources of process and quality variability
and to improve asset utilization.
For engineering and construction companies, this launch provides
multiple benefits to improve engineering efficiency, boost
profitability and reduce project risk, including delivering more
innovative designs and projects to customers faster. For energy and
bulk chemicals customers, further integration helps optimize
multiple units in real-time to ensure the best site-wide economic
results. Specialty chemicals, polymers, and pharmaceutical
companies are now able to align their operations with market
needs using a full range of solutions that synchronize
manufacturing with customer requirements.
“AspenTech is committed to delivering solutions that can help to
increase the profitability of our customers. The innovation behind
Version 11 of our flagship aspenONE solution delivers improved
value for customers through multi-unit optimization capabilities,
integration of predictive equipment failure capabilities into the
planning and scheduling process, and enhancements to our aspenONE®
Engineering software suite. Our customers are excited about the new
capabilities introduced in this release which expand AspenTech’s
support of their digitalization and operational excellence
initiatives,” said Antonio Pietri, President and CEO,
AspenTech.
Supporting Resources
- aspenONE® V11 Software
- AspenTech Blog
- OPTIMIZE 2019
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.
© 2019 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen
leaf logo, Aspen and Aspen Mtell are trademarks of Aspen
Technology, Inc. All rights reserved.
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Aspen Technology, Inc.Tony MaysAspenTech+1
781-221-4390Tony.Mays@aspentech.com
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