Industry Leader Joins Aspen Technology as Strategic Advisor for Power and Utilities
April 17 2024 - 9:00AM
Business Wire
Mark Browning, former CIO of Exelon, to Provide
Strategic Guidance to Advance Aspen Technology’s Central Role in
Enabling the Utility of the Future
Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in
industrial software, today announced that Mark Browning, a longtime
power and utilities industry executive, has joined the company as a
strategic advisor. Browning has spent the last two decades in
executive positions at Exelon, the largest US utility company,
serving more than 10 million customers. Most recently, Browning was
Chief Information Officer with overall responsibility for IT across
Exelon’s family of transmission and distribution utility
companies.
Decarbonization, electrification and increasing climate and
cyber threats are introducing new levels of grid complexity and
unpredictability, bringing the power and utilities industry to a
critical juncture. Customers around the world are working to
improve resiliency of their grids, accelerate their transition to
renewables and enhance operational excellence and safety.
“Utilities around the world are turning to AspenTech today for
advanced digital solutions to support the rapid expansion of
renewables, modernize their grids and ensure the resiliency of
their operations,” said Antonio Pietri, president and CEO of
AspenTech. “With a distinguished career in power and utilities,
Mark brings deep strategy and operations experience to enhance the
value-based outcomes that AspenTech delivers to customers in this
industry. As a thought leader, we look forward to his guidance as
we support the industry in achieving the Utility of the
Future.”
“I’m delighted to join the AspenTech team at this important
inflection point for the power and utilities industry,” said
Browning. “The energy transition and electrification create
significant operational challenges impacting all stakeholders
across electricity generation, transmission and distribution.
AspenTech has established itself as a strategic partner to power
and utilities and I’m eager to play a role in supporting the
Company’s continued innovation, value creation and talent
strategy.”
Later this month in Houston, more than 1,200 individuals from
asset-intensive companies will attend OPTIMIZE 24, AspenTech’s
global customer event. Browning will join Pietri and other industry
leaders in a plenary session exploring how organizations are making
strategic choices to succeed in the new energy system. With
approximately 500 power & utilities customers anticipated to
attend the event, OPTIMIZE 24 will include dedicated industry
sessions and a Digital Grid Management track for this specific
audience.
About AspenTech
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 asset-intensive industries can run
their assets safer, greener, longer and faster to improve their
operational excellence. To learn more, visit AspenTech.com.
© 2024 Aspen Technology, Inc. AspenTech and the Aspen leaf logo
are trademarks of Aspen Technology, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20240417552612/en/
Media Len Dieterle AspenTech +1 781-221-4291
len.dieterle@aspentech.com
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