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Share Name | Share Symbol | Market | Type |
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Aspen Technology Inc New | NASDAQ:AZPN | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 202.10 | 183.00 | 213.37 | 0 | 12:00:00 |
Aspen Technology, Inc. (NASDAQ:AZPN), the asset optimization software company, today announced the general availability of aspenONE® Version 10 software. The latest Asset Performance Management, Engineering and Manufacturing & Supply Chain software release supports the company’s evolution from process optimization to asset optimization, the next frontier of optimization that makes the best companies even better by driving increased financial return over the entire asset lifecycle.
Introducing the aspenONE Asset Performance Management SuiteThe aspenONE Version 10 software release includes aspenONE® Asset Performance Management (APM), an industry-first complete suite for site, process and equipment performance management. Combining over 30 years of deep process modeling expertise with real time big data and machine-learning solutions, AspenTech’s new APM suite is designed to increase asset uptime, improve reliability, extend the life of equipment, and achieve optimal process performance system-wide to drive increased profitability. The integrated suite of APM analytics provides prescriptive guidance to address multiple levels of asset performance:
aspenONE Engineering Suite HighlightsThe latest version of aspenONE Engineering software enables asset design optimization across capital, energy, controllability, environmental impact, safety and yield, empowering collaborative workflows that drive sustained profitability.
aspenONE Manufacturing & Supply Chain Suite HighlightsBuilding on the trusted PIMS-AO engine, the new Aspen Unified PIMS features a modern web-based architecture with scalable high performance computing that enables better collaboration and improved insights into model performance. The first of a family of Unified products envisioned to unify the production workflow from planning to scheduling and performance monitoring, Aspen Unified PIMS will initially be targeted at a specific set of customers identified by the company for the aspenONE Version 10 software release.
Version 10 software is available immediately. Customers on the aspenONE Licensing Model can upgrade to the new version for no additional cost. For more information, visit http://home.aspentech.com/v10.
Supporting QuotesMuhammad Adnan, Planning Engineer, Yanbu Aramco Sinopec Refining (YASREF)“Aspen Unified PIMS will create tremendous value for YASREF by making it faster to train new planners. There are many features that make it easier for new users to understand the model. The flowsheet is very visual; it highlights streams so we can trace materials.”
Antonio Pietri, Chief Executive Officer & President, AspenTech“AspenTech is committed to pushing the boundaries of what’s possible. The latest release of aspenONE software demonstrates that the biggest transformation in productivity growth is ahead of us. Building on the company’s engineering and manufacturing & supply chain suites as the foundation laid down over three decades, AspenTech is focusing on efficiency, optimization and running assets more reliably than ever by leveraging automation technologies, analytics, machine learning, IIoT, and the automation of knowledge work as part of our new Asset Performance Management Suite.”
Supporting Resources
About AspenTechAspenTech 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.
© 2017 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo, Aspen Basic Engineering, Aspen Fidelis Reliability, Aspen Mtell, Aspen Unified PIMS and OPTIMIZE are trademarks of Aspen Technology, Inc. All rights reserved. All other trademarks are property of their respective owners.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170605005650/en/
Aspen Technology, Inc.AspenTechErin Clarke, +1 781-221-1919erin.clarke@aspentech.com
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