Aspentech

Aspen Technology, Inc. is a top player in the industrial software industry, employing over 3,700 people and having more than 60 offices globally. Their solutions are designed to tackle intricate environments where optimizing the design, operation, and maintenance of assets is essential. By blending extensive industry knowledge with innovative technology, AspenTech helps clients in capital-intensive sectors enhance their operational efficiency while also meeting their sustainability objectives.

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AspenTech Rings Closing Bell to Mark 30 Years Since NASDAQ Listing

Nov 15, 2024 | aspentech.com | Peter Reuell

AspenTech Rings Closing Bell to Mark 30 Years Since NASDAQ Listing There are plenty of reasons the year 1994 is noteworthy – some might remember The Lion King topping the annual box office, or that Seinfeld ruled TV ratings. Others may remember it for the birth of the World Wide Web, widely considered the beginning of the modern Internet. It was also the year that AspenTech was first listed – on October 26 – on NASDAQ.
Microgrids: A Strategic Enabler of Business

Oct 8, 2024 | aspentech.com | Ron Beck

YESTERDAY, a microgrid was an interesting point of discussion. A nice-to-have, but not viewed as necessary by the executive operating in the G-20 world of the mature power grids. Most highly industrialized regions rarely lost power, the grid was stable, and electricity rates were reasonable for power-hungry assets who bought power in bulk contracts. TODAY, electricity supply is suddenly top-of-mind and front page of the news.
AspenTech's APM Portfolio Recognized as a Leader by Independent Analyst Firm

Jul 29, 2024 | aspentech.com | Nithiya Parameswaran

AspenTech's APM Portfolio Recognized as a Leader by Independent Analyst Firm For the second time in a row, AspenTech’s APM suite has been recognized as a market leader in the 2024 Verdantix Green Quadrant®: Asset Performance Management Solutions report.
Energy Mentors Shaping Next Generation of Energy Leaders

Jun 18, 2024 | aspentech.com | Peter Reuell

Energy Mentors Shaping Next Generation of Energy Leaders If you had the chance to design the energy infrastructure for a town from the ground up, what would it look like? Would you lean into renewable energy, with solar and wind power? Would you try to leverage existing electrical grids or would you plan for a networked series of batteries to store extra power for when it’s needed?
OPTIMIZE 24 – The Key Role of Technology and Partnerships on the Road to Net Zero

May 13, 2024 | aspentech.com | Peter Reuell

The world will face a difficult journey in decades to come as we work to provide affordable, reliable clean energy on the path to net zero, but with collaboration and innovation across asset-intensive industries, those goals are within reach. That was the message delivered by AspenTech Chief Product and Sustainability Officer Rasha Hasaneen as part of a panel discussion earlier this month at OPTIMIZE™ 24, the company’s premiere global customer conference.
OPTIMIZE 24 — The Future of the Energy Transition Starts Now

May 1, 2024 | aspentech.com | Peter Reuell

OPTIMIZE 24 — The Future of the Energy Transition Starts Now AspenTech President and CEO Antonio Pietri welcomed customers, partners and others to OPTIMIZE 24 Tuesday with a keynote address that highlighted how the company is uniquely positioned to help customers develop and deploy the critical solutions that will enable asset intensive industries to navigate the challenges of the energy transition.
Situational Awareness Is As Important For AI As It Is For Operational Excellence Decision-Makers

Feb 23, 2024 | aspentech.com | Joe Lamming

Situational Awareness Is As Important For AI As It Is For Operational Excellence Decision-Makers Data serves as a mirror to reality, reflecting the intricacies of the world around us through a prism of symbols and numbers. Yet these reflections are not reality itself – they are representations, subject to human error and bias. Like any mirror, the image projected can be distorted – manipulated to serve specific objectives – potentially compromising its authenticity or accuracy.
AspenTech Blog | Born Digital

Dec 22, 2023 | aspentech.com | Ron Beck

The drive toward a more sustainable world must take a different shape in each geographic region and each economy. Nowhere is this more interesting and relevant than the Caspian and Central Asia regions. This is a steadily growing area, especially in countries like Kazakhstan and Azerbijan. Each country is diversifying its GDP base, but several of these economies today strongly have growth tied to energy and resource extraction and conversion.
Moving Towards Net Zero: Imperative of Scale and Speed for Green Hydrogen and Carbon Capture

Aug 24, 2023 | aspentech.com | Ron Beck

Asset-intensive companies - refining, petrochemicals, fertilizers, mineral processing and steel, for example - are major energy users and face challenges in progressing towards net zero. Energy efficiency is the obvious low-hanging fruit, able to reduce asset emissions by 20%. What are other strategies these companies can and will embrace?
Accelerating Conceptual to Detail Design Workflows and the Role of Technical Debt

Jul 10, 2023 | aspentech.com | Sonali Singh