News Release
<< Back
CSX Supplier Innovation Award Recognizes AspenTech’s Mtell for Prescriptive Maintenance Solutions
Continuous, Safe Locomotive Operations Supported by Advanced Machine Learning Software
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170124005828/en/

Mtell prescriptive maintenance functionality helps CSX identify potential locomotive issues by analyzing large volumes of real-time and historical operational and maintenance data to detect anomalous behavioral patterns. By automating the detection of potential problems and prescribing corrective actions, the solution helps firms quickly identify and rapidly respond to early indicators of potential failures, significantly improving asset utilization.
AspenTech’s asset performance management solutions use a systems approach to accurately predict equipment and process failures, precisely understand when and why the failure will occur, and offer prescriptive recommendations to optimize business decisions from a design, operations and maintenance perspective.
Supporting Quotes
“AspenTech
and Mtell are critical partners in CSX’s transformation into a highly
automated railroad, which requires a sophisticated level of predictive
analytics to further enhance our safe, reliable service for customers.
We’re pleased to recognize this important partnership – which has
delivered consistent results driving operational and cost efficiency –
with our 2016 Supplier Innovation Award.”
“We are delighted to receive the
2016 CSX Supplier Innovation Award, and look forward to adding value to
the aspenONE Asset Performance Management software suite. Together, we
will continue to empower industry with game-changing prescriptive
solutions that use machine learning to give firms an unprecedented
ability to accurately predict degradation and failures in assets, and
proactively mitigate risk.”
“4Atmos is
pleased to be a key part of the CSX success story and looks forward to
continuing to help customers save millions of dollars by avoiding
potential failures. Our deep domain experience and hands-on approach
enables us to rapidly deploy AspenTech’s industry-transforming
prescriptive maintenance solutions and put into place the business best
practices that result in real-world savings and optimized efficiencies.”
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
© 2016
View source version on businesswire.com: http://www.businesswire.com/news/home/20170124005828/en/
Source:
Aspen Technology, Inc.
AspenTech
Erin Clarke, +1
781-221-1919
erin.clarke@aspentech.com