AspenTech Strengthens Ability to Help Customers Realize Maximum Business Value from Industrial Data with Acquisition of inmation Software
October 24 2022 - 9:00AM
Business Wire
Company’s Expanded Portfolio Delivers
Best-in-Class Industrial Data Foundation
Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in
industrial software, today announced that it has acquired inmation
Software GmbH, a market leader in industrial real-time information
management. With this acquisition, AspenTech is uniquely positioned
to help capital-intensive organizations integrate, manage, and
contextualize their industrial data in order to make critical
business decisions that bring customers closer to meeting their
profitability and sustainability goals.
Scalable software from inmation adapts to the needs of its
customers by connecting an organization’s industrial data from
various data sources, from plant-level historians to enterprise
systems, to create a real-time industrial data infrastructure.
Combined with AspenTech’s existing portfolio, including plant-level
solutions and AspenTech’s connectivity and artificial intelligence
(AI) capabilities, the integration of inmation’s technology creates
an unrivaled enterprise-wide data infrastructure. Equipped with
secure access and connectivity, customers can bring order to their
data and gain true business insight from their industrial data
safely and cost-effectively.
inmation will become the cornerstone of AspenTech’s industrial
data and connectivity business unit, AIoT. The combined offering
furthers the company’s position as an industrial software
powerhouse driving digital transformation and supporting our
customers’ sustainability and profitability goals.
“Capital-intensive industries are critically in need of a
scalable solution to harness their huge amounts of industrial data
to become efficient and sustainable in every area of their
operations,” said Nicole Rennalls, VP and General Manager,
AspenTech’s industrial data business unit, AIoT. “With connected,
actionable industrial data, inmation and AspenTech customers can
pursue digitalization journeys that help them address the dual
challenge of meeting the resource demands of a growing population
with an increasing standard of living, in a sustainable way.”
“IT/OT collaboration is top of mind for our customers’ digital
transformation strategies,” said Timo Klingenmeier, founder,
inmation. “By joining AspenTech, we can deliver the technology,
scale, and resources to help capital-intensive industries bring
both functions together to elevate OT data to the enterprise-level
and unlock meaningful insights across the organization. Having a
solid foundation that collects, organizes, contextualizes, and
securely transports massive amounts of data will be a significant
competitive differentiator for customers.”
Founded in 2013, inmation is headquartered in Cologne, Germany.
As one of the world’s leading technology companies in the field of
industrial real-time information management, inmation’s global
customer base is comprised of leading companies operating in
different industry sectors including pharmaceuticals, chemical,
manufacturing, oil & gas, and others.
Supporting Resources
- For more information, visit AspenTech’s website
- Nov. 8 Webinar
About Aspen Technology Aspen Technology, Inc. (NASDAQ:
AZPN) is a global software leader helping industries at the
forefront of the world’s dual challenge meet the increasing demand
for resources from a rapidly growing population in a profitable and
sustainable manner. AspenTech solutions address complex
environments where it is critical to optimize the asset design,
operation and maintenance lifecycle. Through our unique combination
of deep domain expertise and innovation, customers in
capital-intensive industries can run their assets safer, greener,
longer and faster to improve their operational excellence. To learn
more, visit AspenTech.com.
© 2022 Aspen Technology, Inc., AspenTech, and the Aspen leaf
logo are trademarks of Aspen Technology, Inc. All rights
reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20221024005354/en/
Media: Stephanie Jackman AspenTech +1 781-221-1965
Stephanie.Jackman@aspentech.com
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