Wood and Aspen Technology Form Partnership to Deliver Optimized Asset Performance Management Solutions for Global Enterprises
Aspen Mtell® Software Optimizes Performance of Critical Plants and Equipment through Prescriptive Maintenance Driven by Machine Learning
The partnership will enable global enterprises to improve the performance of their manufacturing and facility assets through a maintenance solution built upon industrial artificial intelligence and machine learning. Aspen Mtell analyzes historical and real-time operational and maintenance data to discover the precise failure signatures that precede asset degradation and breakdowns, predict future failures, and prescribe detailed actions to mitigate problems.
Wood has decades of experience providing solution-independent asset performance consulting, as well as integrating and deploying specialty engineering services and real-time performance monitoring systems. The combination of this deep domain expertise of asset and operator challenges, with AspenTech’s extensive knowledge of the process manufacturing industry and proven AI-driven predictive and prescriptive maintenance solutions, provides a unique customized asset performance management solution for operators’ needs.
“Wood has an extensive understanding of the performance optimization needs of our clients and realized a unique opportunity to provide a solution to help enhance asset productivity and identify potential issues well ahead of time,” said
“The value of predictive and prescriptive maintenance is much more than simply predicting failures on large rotating assets,” said
- Maximize Safety, Sustainability and Productivity by Turning Unplanned Downtime into Planned Downtime executive brief
- Wood – Digital and Technology
- Wood Automation & Control – Intelligent Operations
- Wood – Asset Performance Optimization
- Aspen Mtell®
Wood is a global leader in engineering and consultancy across energy and the built environment, helping to unlock solutions to some of the world’s most critical challenges. We provide consulting, projects and operations solutions in more than 60 countries, employing around 45,000 people.
Wood – Automation & Control
VP, Intelligent Operations
+1 281 675-1583