AspenTech Helps Customer Integrate Engineering with Operations to Achieve Operational Excellence Objectives
BURLINGTON, Mass.--(BUSINESS WIRE)--Apr. 20, 2009--
Aspen Technology, Inc. (OTC: AZPN.PK), a leading provider of software
and services to the process industries, today announced that EPCO, Inc.,
has upgraded to aspenONE V7.
EPCO, a leading North American provider of midstream energy services
to producers and consumers of natural gas, crude oil, natural gas
liquids and petrochemicals, is adopting the aspenONE V7 Engineering
suite to better align engineering and operations processes in support
of its operational excellence objectives.
EPCO, Inc. chose aspenONE V7 to support the company’s growth strategy,
lower operating costs, improve efficiency and productivity, and
decrease energy consumption.
EPCO was drawn to several new innovations in aspenONE V7, including
advanced cost estimation, which enables engineers to determine the
feasibility of capital projects and business opportunities during
EPCO will also use the Aspen Simulation Workbook within aspenONE V7,
which brings the benefits of aspenONE to a wider range of users
throughout the company via a user-friendly Microsoft Excel interface.
AspenTech’s token-based licensing model helps EPCO better meet their
changing business needs by providing the flexibility to use the right
software at the right time.
Kevin Bodenhamer, Vice President of Engineering, EPCO, Inc.
“With our commitment to growing the partnership’s comprehensive network
of midstream assets, we are always looking for new ways to manage our
increased capacity, new greenfield opportunities, and current
debottlenecking challenges. AspenTech’s solutions have played an
important role in modeling, optimization, and new projects within our
engineering organization for the past few years. We’re excited to
implement aspenONE V7 and look forward to utilizing its many new
engineering and usability innovations, as well as the unique token-based
licensing model. The new system will improve our ability to successfully
navigate the turbulent economy by rapidly addressing changing business
demands from using the right software at the right time, while
optimizing the value of our IT investments.”
Blair Wheeler, Senior Vice President, Marketing, AspenTech
“EPCO is a great example of how leading energy companies are taking
advantage of AspenTech process optimization across both engineering and
operations. Using aspenONE V7, EPCO can implement engineering best
practices to lower their costs, increase productivity, and improve
visibility into operations.”
Links to more information:
About Enterprise Products Partners L.P.
EPCO, Inc. is one of the largest publicly traded partnerships and is a
leading North American provider of midstream energy services to
producers and consumers of natural gas, NGLs, crude oil and
petrochemicals. EPCO transports natural gas, NGLs, crude oil and
petrochemicals through more than 46,000 miles of onshore and offshore
pipelines. Services include natural gas transportation, gathering,
processing and storage; NGL fractionation (or separation),
transportation, storage, and import and export terminaling; crude oil
transportation and offshore production platform services. For more
information on EPCO, Inc., visit www.epco.com.
AspenTech is a leading supplier of software that optimizes process
manufacturing – including oil and gas, petroleum, chemicals,
pharmaceuticals 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.
© 2009 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo
and the 7 Best Practices of Engineering Excellence 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.
Erik Mason, +1
Lois Paul & Partners (for AspenTech)
Parker, +1 781-782-5714