AspenTech

Bedford, MA 01730

COMPANY OVERVIEW

About AspenTech

Our integrated solutions for capital-intensive industries optimize asset effectiveness across the design, operation, and maintenance life cycle by combining real-time data with rich process knowledge and the power of machine learning.

Product Summary

AspenTech makes the best companies better with software and insights that digitally transform the industries we serve by optimizing their assets to run faster, longer, safer, and greener. Our integrated solutions for capital-intensive industries optimize asset effectiveness across the design, operation, and maintenance life cycle by combining real-time data with rich process knowledge and the power of machine learning.

Contact

20 Crosby Drive
Bedford, MA 01730
USA
http://www.aspentech.com
781-221-6400

More Info on AspenTech

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Making the Best Companies Even Better

AspenTech makes the best companies better with software and insights that digitally transform the industries we serve by optimizing their assets to run faster, longer, safer, and greener. Our integrated solutions for capital-intensive industries optimize asset effectiveness across the design, operation, and maintenance life cycle by combining real-time data with rich process knowledge and the power of machine learning.

About AspenTech

We’re obsessed with innovation and continuous improvement — from our MIT roots to our scores of product industry firsts to our extraordinarily talented employees who ask “what if” questions every day... stretching the boundaries of what’s possible is part of our DNA. Our software tackles the most complex process manufacturing challenges, creating value and improving profitability for our customers. The industries that drive our economies and touch our lives are optimized by aspenONE software every day. The world’s leading oil & gas, chemical, engineering & construction, pharmaceutical, food, beverage, and consumer packaged goods companies all rely on AspenTech to run their business.

AspenTech customers use our solutions to improve their competitiveness and profitability by increasing throughput and productivity, reducing operating costs and unplanned downtime, enhancing capital efficiency, and decreasing working capital requirements.

Industry Leadership

Company Innovation. No other technology provider in process manufacturing spends more on R&D a percentage of revenue than AspenTech. We staff three R&D Centers of Excellence for Engineering, Manufacturing & Supply Chain, and Quality and have brought to market a long line of industry firsts.

Industry Expertise. We have developed deep knowledge from exclusively focusing on optimizing process manufacturing solutions for over 30 years. Our unsurpassed expertise includes:

  • More than 400 R&D professionals, including over 80 process modeling developers, half of whom hold PhD’s
  • More than 370 Service Engineer and Technical Sales professionals working every day with the world’s leading process industry companies
  • An award-winning customer support organization and the largest services organization supporting the process industries

Product Breadth & Depth. We offer the broadest footprint of process optimization solutions. Our products represent the industry standard in asset optimization, helping hundreds of thousands of users at over 2,100 companies drive profitability faster and more efficiently than ever before. aspenONE is the only integrated software suite focused on design, operations and maintenance across the entire asset lifecycle. Our unique, flexible aspenONE Licensing Model makes it easy for customers to use the right software at the right time, based on their business needs. aspenONE applications are customized for complex manufacturing environments, such as energy, chemicals, engineering & construction, and other capital-intensive industries.

Products & Press Releases

ExxonMobil Readies Open Process Automation Test Bed
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ExxonMobil Readies Open Process Automation Test Bed

July 10, 2019
Yokogawa Electric Corporation selected to be the system integrator responsible for establishing the company’s OPA Test Bed.
Introducing the Open Process Automation Forum. Finally.
Control

Introducing the Open Process Automation Forum. Finally.

Jan. 4, 2017
ExxonMobil has spent a lot of its own energy convincing the automation community that there is a need for a standards-based control architecture. Now, under the umbrella of The...
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AspenTech: Manufacturing and Supply Chain Software

June 30, 2014
Version 8.6 of aspenONE eases automation design and safety operations.
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Biologics Production Growing

Nov. 5, 2012
The biggest challenge life sciences—which includes biologics, biotechnology and, generally, large-molecule therapeutics—faces now includes rapid growth, exclusivity around products...
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Pharma Trends: Fewer New Products, More Generics

Nov. 2, 2012
Structural and other trends characterize pharmaceuticals now, says Jamie Hintlian, vice president for pharmaceuticals at Aspen Technology Inc. (www.aspentech.com), Burlington,...
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Life Sciences Growth Expands Everywhere

May 11, 2012
Life-sciences industry growth is expanding domestically and overseas.
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Pharma Collaboration, Reauthorization, Cheaper Costs Needed

May 3, 2012
Jamie Hintlian is optimistic about the pharmaceutical industry.
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Costs Continue to Pressure Food & Beverage, Biotech, Pharma

Feb. 2, 2012
After two years of relatively flat food prices, the food and beverage industry saw a return to inflationary food prices in 2011, notes Brian Todd, president and CEO of The Food...

Articles & News

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IIoT

Emerson’s Plantweb Incorporates AspenTech Software to Expand Automation Capabilities

Nov. 16, 2022
A vision of “boundless automation” underscores Emerson’s expansion of Plantweb capabilities to more easily manage, connect, and deliver operations and IT data across the enterprise...
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Analytics

How and Why Pharmaceutical Manufacturers Are Applying Artificial Intelligence

July 27, 2021
From early identification of process degradation to quality inspection optimization, artificial intelligence can make a dramatic impact on a company’s competitive advantage, as...
Ofaf Vision Arc 2021
Control

Users Unite as the Open Process Automation Journey Continues

Feb. 17, 2021
From the evolving standard to test labs, movement to an interoperable framework is taking shape. But the OPAF group is asking for more help from manufacturers.
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Laying the Groundwork for a Self-Optimizing Plant

Oct. 19, 2020
Aspen Technology embeds its Industrial-Strength AI, which includes domain expertise, into the product portfolio.
Mnubo’s technology enables industrial companies to assemble and deploy AI-driven IoT applications quickly, at enterprise scale.
OEE

Buying Spree Furthers AspenTech’s AI Agenda for Process Optimization

July 13, 2019
The acquisition of Mnubo and Sabisu will help provide the asset optimization software company with scalable artificial intelligence-driven applications and better visualization...
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Partnership Marries Asset Optimization Software and Services

Feb. 13, 2018
An alliance between Emerson and AspenTech is geared toward making it easier for customers to optimize operations through best-in-class asset performance.
Operators can click on any recipe in the execution manager and see the combination of procedures that constitute a batch production recipe.
Software

Injecting More Procedural Control for Batch Production

July 2, 2015
Dow Chemical implemented a manufacturing execution system (MES) that increases repeatability of raw material deliveries for batch production and limits process upsets.
This illustration from LNS Research shows where MOM software applications fit in the industrial software architecture, i.e., in the middle range between industrial automation software and enterprise software.
Software

Manufacturing Operations Management Buying Guide

Oct. 10, 2013
LNS Research releases a Manufacturing Operations Management software selection guide addressing both executive and engineering concerns.
When installing the SmartProcess distillation module embedded in Emerson’s DeltaV controllers, users like MOL’s Algyo gas plant configure the preprogrammed model to each column with this setup screen.
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Model-Based Predictive Control: No Longer a Black Art

No longer a black art or an expensive add-on, advanced process controls have become much easier—and cheaper—to install and maintain thanks to technical developments that are also...
Mike Caliel, president and CEO, Invensys Operations Management
Control

Barriers to Human Reliability

April 30, 2013
The idea of placing greater emphasis on operator interaction with automated systems has been gaining traction. As common sense as the idea sounds, effective implementation isn...

Videos & Resources

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Pharmaceutical Industry Applies Artificial Intelligence

March 4, 2022
How pharmaceutical companies are using artificial intelligence to improve asset performance management and predictive maintenance to avoid batch loss and reduce maintenance and...

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All content from AspenTech

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From Workflow to Knowledge Transfer

Nov. 5, 2012
Industrial software applications that have workflow built in enable operators to work a documented and proven process, instead of relying on memory and manual data entry. The ...
Better tools, like AspenTech’s aspenONE, enable engineers new to APC to be successful with using the software and maintaining the models.
Control

Zeroing In On Advanced Process Control

Oct. 3, 2012
While veteran users seek advances in model maintenance and software implementation, industries like pulp & paper and power generation are just discovering modern APC tools. The...
Familiarity with an immersive virtual world through gaming enables new operators to step into virtual plant simulations with expectations. Source: Honeywell Process Solutions
Software

Dynamic Processes Call for Virtual Plant Technology

Aug. 17, 2012
Process control simulation software is on its way to becoming essential to process plants, and the engineers and operators who run them. Immersive 3D technology is making the ...
The station permits users at a floating liquid natural gas plant to control boundary conditions and conduct training scenarios. Source: Mynah Technologies LLC
Control

Simulating Control Schemes Proves Useful

Modeling and simulation technologies just keep getting better. Power plants and other facilities deploying the latest generation of software are reaping the benefits of faster...
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Software

IT Infrastructure Challenges

March 12, 2012
Since manufacturing execution system (MES) implementations are much like enterprise resource planning (ERP) implementations in that production and information technology (IT) ...