World-Renowned University Professors to Provide Guidance for
Development of Next-Generation aspenONE®
Software Products
BURLINGTON, Mass.--(BUSINESS WIRE)--Dec. 17, 2012--
Aspen
Technology, Inc. (NASDAQ: AZPN), a leading provider of
software and services to the process industries, announced the
establishment of AspenTech Academy, a corporate advisory group of
world-renowned university professors. The charter of the AspenTech
Academy is to advise and guide AspenTech on the development of
next-generation aspenONE
software products.
Founding members of the AspenTech Academy are: Prof. Rakesh
Agrawal, Purdue University; Prof. Lorenz Biegler, Carnegie Mellon
University; Prof. Ignacio Grossmann, Carnegie Mellon University; Prof.
Michael Klein, University of Delaware; Prof. Dr.-Ing. Wolfgang
Marquardt, RWTH Aachen University; Prof. James Rawlings, University of
Wisconsin-Madison; and Prof. George Stephanopoulos, Massachusetts
Institute of Technology (Chairman). AspenTech Academymembership
may expand in the future to include leading academics in additional
areas of interest to Aspen Technology, and technology visionaries from
leading software companies.
Areas of focus for the AspenTech Academy include: new
research-based discoveries and technology developments in chemical
engineering fundamentals; process optimization; process development,
design and engineering; process operations monitoring, diagnosis,
planning, scheduling and control; and new computing environments for
collaborative workflow in distributed settings of mobile- and
cloud-based computing.
AspenTech Academy is the latest chapter in AspenTech’s history of
close ties to the academic
community. Since the company’s founding from an MIT project over 30
years ago, AspenTech has been at the forefront of innovation in software
for the process industries. Today, hundreds of the world’s leading
universities use AspenTech products as the de facto standard in their
chemical engineering curricula. AspenTech Academy will further
strengthen this relationship and help to ensure the next generation of
engineers is better prepared to enter the process industries’ workforce.
Supporting Quotes
George Stephanopoulos, Arthur D. Little Professor of Chemical
Engineering, Massachusetts Institute of Technology, Chairman of
AspenTech Academy
“AspenTech Academy is an exciting,
unique initiative that will enable AspenTech to stay at the forefront of
new innovations around the world. It will be a catalyst for interaction
between the world’s leading process industry software company and top
researchers and educators in the chemical engineering academic
community.”
Manolis Kotzabasakis, Executive Vice President, Products, AspenTech
“We
are excited to work with a board consisting of world-class thought
leaders. Their experience and connections will be invaluable in helping
AspenTech to execute on our vision of transforming the way that process
industries optimize their operations.”
Supporting Resources
About AspenTech
AspenTech is a leading supplier of software
that optimizes process manufacturing – for energy, chemicals,
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.
© 2012 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.
Erik Mason, +1 781-221-8386
erik.mason@aspentech.com
or
North
America
Lois Paul and Partners (for AspenTech)
Caroline
Pennartz, + 617-986-5750
aspentech@lpp.com