AspenTech Executes on Asset Optimization Strategy at OPTIMIZE™ 2017 Conference
AspenTech’s Asset Performance Management track sessions at OPTIMIZE 2017
showcase how the company’s execution of its asset optimization
strategy is delivering significant value and sustainable performance
improvements. Leading global chemical firms Chevron Phillips Chemical,
Additional customer success presentations include The
AspenTech’s 35-plus years of process modeling expertise, combined with big data machine-learning, help predict and address the root causes of process induced equipment failures causing over 80 percent of unplanned downtime, allowing the most critical industrial assets to run as closely as possible to their performance limits. The aspenONE® Asset Performance Management™ suite expands the aspenONE portfolio from engineering, manufacturing & supply chain into maintenance and operations to address key business challenges that include process disruptions, low asset availability and unplanned downtime, enabling companies to optimize throughout the entire asset lifecycle.
“We are pleased to present the continued execution of AspenTech’s Asset Optimization strategy, announced at OPTIMIZE 2015 and made a reality at OPTIMIZE 2017. Together, AspenTech and global leaders in complex, capital-intensive industrial environments will extend optimization’s reach by pushing the boundaries of what is possible in design, running to the limits of performance in operations, and maximizing uptime with actionable insights into the maintenance management lifecycle.”
“An essential ingredient for industrial transformation is the application of machine learning and predictive analytics to help improve plant uptime and asset availability. The next wave of improvements in asset performance will be led by innovations to operational and process engineering, and process optimization, and provided by domain experts with deep knowledge of the process, and the assets, and the systemic interaction between the two areas.”
AspenTech is a leading software supplier for optimizing asset performance. Our products thrive in complex, industrial environments where it is critical to optimize the asset design, operation and maintenance lifecycle. AspenTech uniquely combines decades of process modeling expertise with big data machine-learning. Our purpose-built software platform automates knowledge work and builds sustainable competitive advantage by delivering high returns over the entire asset lifecycle. As a result, companies in capital-intensive industries can maximize uptime and push the limits of performance, running their assets faster, safer, longer and greener. Visit AspenTech.com to find out more.
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Aspen Technology, Inc.
Erin Clarke, +1 781-221-1919