AspenTech Introduces Search for Process Optimization

December 6, 2011

Aspen Search Enables Engineers to Find the Right Models and Plant Data in Seconds; Improves Collaboration Across Organizational Units and Engineering Teams

BURLINGTON, Mass.--(BUSINESS WIRE)--Dec. 6, 2011-- Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, introduced search for process optimization. Aspen Search™ combines the speed of rapid search with process industry knowledge, enabling engineers to find the right models, plant data and resources in seconds. Fast access to a company’s library of models and related process data facilitates knowledge transfer, reducing capital and operating costs, improving reliability and design, and addressing the dynamics of a changing workforce.

  • Aspen Search can help companies reduce capital and operating costs by quickly identifying the right model and related process data across all of the organization’s intellectual assets. Engineers can quickly review models and related information without opening them in a simulator, improving engineering efficiency.
  • Aspen Search also improves reliability and design by making it easy to share proven models and best practices. With quick access to process knowledge and company experts, engineering teams can reduce duplication of effort and maximize reuse of assets.
  • Aspen Search addresses the dynamics of a changing workforce. Engineers can learn to apply simulations by finding models from experts around the company. Transfer of institutional knowledge is made easier, with sharing and collaboration between divisions, units and people.
  • Aspen Search is available immediately for the latest V7.3 releases of Aspen HYSYS and Aspen Plus. For more information, visit About Aspen Search.

Supporting Quotes

Kunle Ogunde, Ph.D, P.E., DuPont

“Engineers using AspenTech simulation tools should find Aspen Search extremely useful in many ways. The most obvious benefit of Aspen Search may be its use as a tool for getting a good head-start on new work by first searching, finding, and evaluating existing models. They can also use it to easily track their own models as well as package them for access by other end-users. It stores all of our process data, information, and domain expertise, and ensures that we can re-use this institutional knowledge across the organization. Aspen Search sets a new standard for tools that improve engineering productivity.”

Manolis Kotzabasakis, Executive Vice President, Products, AspenTech

“Aspen Search combines the speed of today’s popular search engines with the intelligence of all the institutional process knowledge stored in a customer’s organization. Our customers can now solve design, operational and business problems faster, while improving collaboration across the enterprise. It is another example of our commitment to innovation that helps customers achieve greater value from their investment in process optimization.”

Supporting Resources

About AspenTech

AspenTech is a leading supplier of software that optimizes process manufacturing – for energy, chemicals, pharmaceuticals, engineering and construction, and other industries that manufacture and produce products from a chemical process. With integrated aspenONE solutions, process manufacturers can implement best practices for optimizing their engineering, manufacturing and supply chain operations. As a result, AspenTech customers are better able to increase capacity, improve margins, reduce costs and become more energy efficient. To see how the world’s leading process manufacturers rely on AspenTech to achieve their operational excellence goals, visit www.aspentech.com.

© 2011 Aspen Technology, Inc. AspenTech, aspenONE, the 7 Best Practices of Engineering Excellence. OPTIMIZE and the Aspen leaf logo are trademarks of Aspen Technology, Inc. All rights reserved. All other trademarks are property of their respective owners.

Source: Aspen Technology, Inc.

Aspen Technology, Inc.
AspenTech
Erik Mason, +1 781-221-8386
erik.mason@aspentech.com
or
North America
Lois Paul & Partners (for AspenTech)
Michael Parker, +1 617-986-5714
aspentech@lpp.com