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AspenTech Introduces New Software program Launch to Advance Prospects’ Sustainability and Operational Excellence Initiatives | Information

BEDFORD, Mass.–(BUSINESS WIRE)–Nov 15, 2022–

Aspen Expertise, Inc. (NASDAQ:AZPN), a world chief in industrial software program, right now introduced the provision of its newest aspenONE ® software program launch, V14. The brand new launch delivers superior intelligence and steerage capabilities that enhance decision-making skills and additional increase operational excellence. As well as, V14 permits prospects to speed up sustainability initiatives with greater than 100 pattern fashions and to handle Scope 1 and a pair of emissions for decreasing carbon footprints.

This press launch options multimedia. View the total launch right here: https://www.businesswire.com/information/house/20221115005404/en/

aspenONE V14 consists of greater than 100 sustainability pattern fashions. (Photograph: Enterprise Wire)

“It is a crucial time for corporations to optimize effectivity and sustainability throughout their operations,” stated David Arbeitel, Senior Vice President of Merchandise at AspenTech. “Our prospects are uniquely positioned to assist the twin problem of assembly the rising demand from a rising inhabitants in a extra sustainable method. The brand new capabilities in V14 will assist prospects streamline progress towards sustainability targets and operational excellence for stronger enterprise outcomes.”

Speed up Progress Towards Web Zero Targets

aspenONE V14 consists of greater than 100 sustainability pattern fashions to jumpstart progress within the areas of emissions administration, hydrogen financial system, carbon seize, supplies circularity, bio-based feedstocks and renewable power. V14 automates CO2 emissions information assortment from a number of sources for decarbonization compliance/reporting and permits prospects to mannequin these emissions in operations to attain sustainability targets.

Obtain New Ranges of Operational Excellence

A key worth delivered by the V14 launch is enhanced operational decision-making. With two new choices – Aspen Digital Advisor (AVA) for DMC3 and Aspen Unified Reconciliation and Accounting (AURA) – plus new capabilities and a number of enhanced integrations between present options, the brand new launch gives actionable steerage/real-time augmented intelligence and prioritizes anomaly and failure alerts based mostly on severity and operational danger. As well as, V14 minimizes materials losses with quick, environment friendly mass and quantity steadiness and evaluates deliberate downtime choices to allow higher selections that decrease affect on manufacturing and order commitments.

Business Analyst Perspective

“AspenTech’s new launch of V14 exhibits a dedication to innovation with new software program to speed up prospects’ sustainability applications,” stated Peter Reynolds, Principal Analyst, ARC Advisory Group. “With progress to additional unify planning, scheduling, manufacturing accounting and upkeep features, customers can break down silos and extract extra worth from software program. AspenTech is demonstrating trade management by including distinctive AI capabilities with the applying of cognitive analytics to handle age-old points with information switch and operator acceptance of programs like Superior Course of Management.”

The most recent launch of aspenONE V14 software program is at present obtainable. To study all new merchandise and capabilities, go to our launch web page.

About AspenTech

Aspen Expertise, Inc. (NASDAQ: AZPN) is a world software program chief serving to industries on the forefront of the world’s twin problem to fulfill the rising demand for sources from a quickly rising inhabitants in a worthwhile and sustainable method. AspenTech options handle complicated environments the place it’s crucial to optimize the asset design, operation and upkeep lifecycle. By means of our distinctive mixture of deep area experience and innovation, prospects in capital-intensive industries can run their belongings safer, greener, longer and sooner to enhance their operational excellence. To be taught extra, go to AspenTech.com.

© 2022 Aspen Expertise, Inc., AspenTech, aspenONE® and the Aspen leaf brand are emblems of Aspen Expertise, Inc. All rights reserved.

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CONTACT: Media Contact

Stephanie Jackman

AspenTech

+1 781-221-1965

Stephanie.Jackman@aspentech.com

KEYWORD: MASSACHUSETTS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: SOFTWARE MOBILE/WIRELESS NETWORKS INTERNET OIL/GAS DATA MANAGEMENT ALTERNATIVE ENERGY ENERGY TECHNOLOGY CHEMICALS/PLASTICS OTHER TECHNOLOGY MANUFACTURING

SOURCE: Aspen Expertise, Inc.

Copyright Enterprise Wire 2022.

PUB: 11/15/2022 09:00 AM/DISC: 11/15/2022 09:03 AM

http://www.businesswire.com/information/house/20221115005404/en

Copyright Enterprise Wire 2022.

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