Aspen Technology Acquires OptiPlant
AI-Driven 3D Conceptual Plant Layouts Improve Accuracy, Reliability and Speed of Design and Cost Estimates for Owner-Operators and EPCs
OptiPlant solutions enhance early layout optioneering saving capital, improving asset safety and environmental performance for owner-operators. They help EPCs increase agility and speed of Conceptual and Front-End Engineering Design (FEED) development, dramatically reducing the engineering effort. Common visualization accelerates collaboration between owner-operator and EPCs and between Process, Mechanical, Piping and Layout Engineering disciplines. OptiPlant’s innovative approach to automated plant and piping layout integrates with AspenTech’s industry leading modeling (Aspen Plus and HYSYS), cost estimating (Aspen Capital Cost Estimator) and FEED deliverables (ABE) systems.
“We are very pleased to add OptiPlant to our portfolio of solutions for Performance Engineering. The reputation of the team at OptiPlant for outstanding domain expertise in 3D conceptual layout combined with the innovation demonstrated in the proven solutions made it a great fit for AspenTech,” commented
“Today, our customers need to identify new ways to reduce CAPEX, accelerate time to market and support safety and sustainability imperatives. OptiPlant’s products complement and expand the
The terms of the transaction are not disclosed.
About OptiPlant
OptiPlant is a leading provider of AI Driven 3D Conceptual Design and Engineering Automation software to help owner operators and EPC optimize conceptual designs and estimates and accelerate development of Front-End Engineering Designs (FEED) to save capital, improve safety and reduce environmental impact. OptiPlant is headquartered in
About
©
View source version on businesswire.com: https://www.businesswire.com/news/home/20201209005095/en/
781-221-4390
tony.mays@aspentech.com
Source: