AspenTech is an industrial software solution that can handle challenges or problems faced by industries. AspenTech is also a subsidiary of Emerson Electric Co. which is engaged as software to optimize assets in the industry. The company also has operations in the Americas, Europe, the Middle East, and Asia Pacific. The head office for the airline is in Bedford, Massachusetts, USA. Then there are several types of products from AspenTech, including Aspen Plus, Aspen HYSY.

AspenTech was born out of the Advanced System for Process Engineering (ASPEN) Project, a collaboration between MIT and the U.S. Department of Energy. The team innovated during the 1970s energy crisis to develop the chemical industry’s first computer modeling and simulation technology. The innovations developed in those early days had a transformative impact, laying the foundation for decades of industry optimization progress.

Today, more than 40 years later, AspenTech has more than 3700 employees in more than 60 global locations. We will continue to focus on our customers’ needs, so as to help them implement and use our solutions successfully. Reporting from aspentech.com, Antonio Pietri President and CEO of AspenTech said “We owe this success to you, our customers and our partners around the world”. This means that AspenTech will continue to strive to develop products and serve and listen to the needs of its customers.

AspenTech: Industrial Software Solutions also accelerates digital transformation and optimizes assets to be safer, greener, durable and faster, ensuring customers get maximum value from our solutions. Then several products from AspenTech also offer solutions such as process simulation, design and rating, economic assessment, dynamic optimization, operations support, manufacturing, supply chain management, and asset performance management. The industries that are very useful in being handled by AspenTech are process industries such as chemicals, energy, consumer packaged goods, pharmaceuticals, electricity, metals and mining, construction, transportation, food and beverages, and pulp and paper.

AspenTech has helped companies meet the challenge of meeting the increasing resource demands of a growing population, while remaining profitable and environmentally sustainable. Best known for Aspen HYSYS process Simulation Software, AspenTech solutions address complex environments that are critical to optimizing the design, operations and maintenance lifecycle of assets. Through a unique combination of deep domain expertise and award-winning innovation, customers in capital-intensive industries can increase their operational excellence while achieving sustainability goals.

• Engineering products: Process Simulation (HYSYS&Plus), Cost Estimator, Exchanger Design and Rating Group, Operator Training Simulator
• Manufacturing and Supply Chain : Advanced Process Control (DMC Plus), PIMS, Aspen Petroleum Scheduler
• Asset Performance Management : Fidelis, Mtell
• Artificial Intelligence of Things (AIoT): Aspen Process Explorer, Aspen Info Plus21

Simply put, this software is a form of energy transition for sustainability and decarbonization solutions to help reduce emissions, carbon capture, and save hydrogen. The software is also integrated with innovative industrial AI, factory digitization, and AspenTech’s digital twin technology supporting advanced digital mining and manufacturing solutions in pharmaceuticals and other asset-intensive industries.