AspenTech Announces Availability of 7.2 Release of aspenONE V7

July 13, 2010
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Building on aspenONE V7 Innovations and Best Practice Input from Users, 7.2 Release Makes Process Optimization Faster and Easier

BURLINGTON, Mass., Jul 13, 2010 (BUSINESS WIRE) --

Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, today announced the availability of the 7.2 release of aspenONE software. Building on innovations delivered in aspenONE V7 and best practice input from users, the 7.2 release makes optimizing engineering, manufacturing and supply chain processes faster and easier.

Examples include:

  • Engineering - addressing the global increase in multibillion dollar "megaprojects," aspenONE(R) Engineering software includes new economic evaluation functionality that allows large owner-operator and engineering companies to slash the amount of time it takes to produce accurate project estimates by as much as 75%. In addition, integrated economic evaluation is now up to four times faster in Aspen HYSYS(R) and Aspen Plus(R) software.
  • Manufacturing - in the face of dynamic market conditions, aspenONE Advanced Process Control allows process manufacturers to sustain performance improvement benefits from advanced process control by reducing the time and effort required to maintain control applications at peak performance.
  • Supply Chain - as government standards for gasoline blending specifications become more stringent, aspenONEPlanning & Scheduling allows refineries to model true physical constraints for better blend optimization. This is a critical step in improving margins and specification quality.
  • Infrastructure - the new Aspen Reporting Framework(TM) provides operational intelligence for refineries that enables faster, more profitable decision-making.

The new features are the latest in a series of innovations delivered by aspenONE V7, which sets the standard for best practices in process optimization. For information on these and many other new features and enhancements in the 7.2 release of aspenONE, visit http://www.aspentech.com/v7/v72_enhancements.cfm.

Supporting Quote

Manolis Kotzabasakis, Senior Vice President, Sales & Strategy, AspenTech

"Since its initial release in September 2008, over 1,000 AspenTech customers have deployed aspenONE V7 to help improve profitability and achieve operational excellence goals. The 7.2 release incorporates hundreds of best practice ideas from our customer base. Now, it's easier than ever for process industry companies to optimize engineering, manufacturing and supply chain processes for greater profitability."

Supporting Resources

About AspenTech

AspenTech is a leading supplier of software that optimizes process manufacturing - including energy, chemicals, pharmaceuticals, engineering & construction, power & utilities andother 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.

© 2010 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.
AspenTech
Erik Mason, +1 781-221-8386
erik.mason@aspentech.com
or
North America
Lois Paul & Partners (for AspenTech)
Michael Parker, +1 781-782-5714
aspentech@lpp.com