AspenTech Accelerates Customers’ Digitalization Journey to Advance Sustainability Goals and Drive Operational Excellence
November 16 2021 - 8:30AM
Business Wire
aspenONE® V12.2 includes new models to help
customers identify how to reduce emissions, capture carbon and
enable recycling efficiencies across their entire value chain
Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in asset
optimization software, today announced the availability of the
newest aspenONE® V12 software release. The release, V12.2, gives
companies new sustainability models and product capabilities that
accelerate digitalization efforts in support of their
sustainability initiatives.
The aspenONE® V12 solutions now include more than 50 models,
including many that provide insight into where operational
efficiencies can be improved upon in support of Scope 1 and 2 CO2
emission reduction targets. Using these models, customers can
identify how to reduce emissions across the entire value chain;
reduce usage of energy, water and feedstocks; transition to new
energy sources like biofuels and hydrogen; and enable the circular
economy through processes such as plastics recycling and
waste-to-chemicals.
“Meeting CO2 emission reduction milestones in the quest to
become carbon neutral requires companies to capture operational
efficiencies by leveraging and deploying digital capabilities that
deliver the insights needed to quickly and easily make adjustments
to stay on track,” said David Arbeitel, Senior Vice President of
Product Management at AspenTech. “The new release also provides a
wide range of usability enhancements across our product portfolio
to deliver faster time-to-value and drive high value business
outcomes.”
According to Peter Reynolds, Principal Analyst, ARC Advisory
Group, “AspenTech’s new release shows a commitment to innovation
with new software to jumpstart customers’ sustainability programs.
By building sustainability into existing software and adding a
multitude of new sample models, AspenTech is demonstrating industry
leadership in helping customers address material recycling,
emissions reduction, hydrogen, carbon capture, and bio-based
feedstocks.”
In addition to sustainability models, the new release includes a
range of product enhancements and capabilities designed to provide
intuitive usability, faster time-to-value and collaboration across
the value chain. These include:
- Aspen GDOT™ for Olefins – Optimize an entire
olefins site with closed-loop dynamic optimization that improves
energy efficiency, reduces CO2 emissions and maximizes
profitability. An intuitive flowsheet environment simplifies model
building, deployment and maintenance and aligns planning with
operations to optimize production.
- Aspen Production Execution Manager (APEM) – Execute work
orders faster, achieve consistent, high product quality, and
maintain regulatory compliance. The new APEM Mobile web application
provides mobility and an intuitive touchscreen experience that
ensures efficient, accurate execution and high-speed performance
with 5X faster optimized workflows.
- Aspen Supply Chain Management (SCM) Insights –
Collaborate cross-functionally with stakeholders across the supply
chain, within one flexible environment, designed to digitally
operationalize monthly Sales & Operations Planning (S&OP) /
Integrated Business Planning (IBP) processes to deliver high value
business outcomes.
- Aspen Unscrambler™ – Gain faster, more insightful
analysis through new capabilities to preprocess and manipulate
batch data, including significant speed improvements for faster
analysis of big datasets.
The newest release of aspenONE® V12 software is currently
available. To learn more, visit our release page.
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, aspenONE®, the Aspen
leaf logo, Aspen GDOT™, and Aspen Unscrambler™ are trademarks of
Aspen Technology, Inc. All rights reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20211116005318/en/
Len Dieterle Aspen Technology +1 781-221-4291
len.dieterle@aspentech.com
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