Aspen Technology Partners with Larsen & Toubro Infotech to Accelerate Adoption of Cloud Services in Oil & Gas & Chemicals Ind...
May 06 2021 - 8:00AM
Business Wire
Partnership Delivers Performance Engineering
and Manufacturing Supply Chain Solutions Through the Cloud to
Enable Remote Access, Enterprise Scale and Operational Agility
Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in asset
optimization software, today announced that it has partnered with
Larsen & Toubro Infotech (LTI) to deliver AspenTech solutions
through LTI managed cloud services, which will accelerate the
digitalization journey for capital-intensive industries.
The partnership enables LTI to deliver AspenTech’s performance
engineering desktop solutions, such as Aspen HYSYS® and Aspen
Plus®, as well as AspenTech’s manufacturing supply chain solutions,
including Aspen Unified™, Aspen PIMS-AO™ and Aspen Petroleum
Scheduler™, through the cloud. This alliance allows industrial
organizations to “bring their own license” to gain high-fidelity
remote access to their mission-critical applications, increase
compute flexibility and performance gains for more accurate, faster
decision-making and accelerate time-to-value from new product
innovations. Supported offerings are detailed here.
“Our partnership with AspenTech, as both a Managed Hosting and
Implementation Services Provider, will unlock tremendous value for
our joint customers looking to enhance operational agility and
thrive in the face of changing conditions,” said Sanjay Jalona,
CEO and Managing Director, LTI. “We are excited to combine our
expertise in cloud infrastructure and managed hosting services with
AspenTech’s world-class asset optimization solutions to enable
enterprises to embrace disruption.”
Antonio Pietri, President & CEO, Aspen Technology,
said, “The process manufacturing industry is undergoing a
significant change in how it conducts business, and the cloud is
one of the enabling factors for that shift. Our partnership with
LTI provides our customers with solutions that will accelerate
their digitalization journey and significantly scale-up the overall
capabilities. We’re very excited for this partnership, not only for
what it means for LTI and AspenTech, but also for how we will work
together to benefit customers.”
- Download the AspenTech Whitepaper: Optimize Asset Design and
Operations with Performance Engineering, and visit L&T
Infotech, AspenTech Performance Engineering, and AspenTech
Petroleum Supply Chain websites to learn more.
About L&T Infotech
LTI (NSE: LTI) is a global technology consulting and digital
solutions Company helping more than 420 clients succeed in a
converging world. With operations in 32 countries, we go the extra
mile for our clients and accelerate their digital transformation
with LTI’s Mosaic™ platform enabling their mobile, social,
analytics, IoT and cloud journeys. Founded in 1997 as a subsidiary
of Larsen & Toubro Limited, our unique heritage gives us
unrivaled real-world expertise to solve the most complex challenges
of enterprises across all industries. Each day, our team of more
than 33,000 LTItes enable our clients to improve the effectiveness
of their business and technology operations and deliver value to
their customers, employees and shareholders. Follow us at
@LTI_Global.
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.
© 2021 Aspen Technology, Inc. AspenTech, the Aspen leaf logo,
Aspen HYSYS®, Aspen Plus® , Aspen PIMS™ and Aspen Petroleum
Scheduler™ are trademarks of Aspen Technology, Inc.
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SHIFT PR for Aspen Technology Caroline Federer 847 650
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