Aspen Technology Brings New Levels of Performance Insight to Drive the Smart Enterprise
October 02 2019 - 9:00AM
Business Wire
Aspen Enterprise Insights™ Visualization and
Workflow Solution Connects Data and People for Advanced
Optimization
Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization
software company, today announced the launch of Aspen Enterprise
Insights, a visualization and workflow management solution that
aggregates and analyzes data from across the enterprise to deliver
insights and actionable information and drive better collaboration
and decision-making within organizations.
Organizations struggle to identify, analyze and derive value
from their data lakes, and that challenge is set to grow. According
to IDC1 the global datasphere is expected to reach 175ZB by 2025,
with nearly 30 percent requiring real-time processing.
Aspen Enterprise Insights visualization and workflow management
solution enables capital-intensive enterprises to analyze data
throughout the asset lifecycle and across the entire value chain,
delivering actionable insights to multiple users to increase
operational excellence.
Aspen Enterprise Insights creates and weaves a “digital thread”
within the enterprise to connect smarter processes and push the
boundaries of productivity. The technology, now part of the
AspenTech portfolio following the acquisition of Sabisu in June
2019, is a proven hybrid-cloud-based solution that brings
enterprise-level performance management across the organization. It
can enable better quality strategic decision-making by identifying
the high-value data needed to provide insights and drive informed
actions, enhance existing business processes and assist
organizations in creating new ones.
“The accessibility of accurate data analysis is critical when
seeking greater levels of efficiency and optimization. Aspen
Enterprise Insights will give our customers a flexible
visualization and collaborative workflow management solution to
support real-time strategic decision-making across the enterprise,”
said Antonio Pietri, president and CEO of Aspen Technology. “As the
Industrial Internet of Things expands, visualization of
heterogeneous data sources becomes critical to the success of a
digital transformation strategy. Aspen Enterprise Insights can help
our customers achieve greater levels of efficiency throughout the
asset lifecycle, driving towards the automation, collaboration and
insights that are required by the smart enterprise.”
According to Peter Reynolds, senior analyst, ARC Advisory Group,
“Aspen Enterprise Insights offers what appears to be a unique
combination of experience data and operational data with a workflow
engine. When digitalization is top of mind for industry, this
solution could help drive a new level of collaboration with the
potential to create higher value work processes for customers.”
Supporting Resources
- Aspen Enterprise Insights
- 1The Digitization of the World From Edge to Core – An IDC
Whitepaper sponsored by Seagate
About Aspen Technology Aspen Technology (AspenTech) is a
global leader in asset optimization software. Its solutions address
complex, industrial environments where it is critical to optimize
the asset design, operation and maintenance lifecycle. AspenTech
uniquely combines decades of process modelling expertise with
artificial intelligence. Its 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 safer, greener, longer and faster. Visit AspenTech.com
to find out more.
© 2019 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen
leaf logo, Aspen, and Aspen Enterprise Insights, are trademarks of
Aspen Technology, Inc. All rights reserved.
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Aspen Technology, Inc. Tony Mays Aspen Technology +1 781
221 4390 tony.mays@aspentech.com
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