This ARC Advisory Group report explains how AIoT is built for industrial companies looking for better ways to:

Aspen Hybrid Models combine AI and first principles to deliver a comprehensive, accurate model more quickly without requiring significant expertise. Machine learning is used to create the model, leveraging simulation or plant data while using domain knowledge, including first principles and engineering constraints to build an enriched model without the need for modeling or AI expertise.

AspenTech Expands Application of Industrial AI to Achieve New Profitability and Sustainability Goals

Aspen Technology, Inc., a global leader in asset optimization software, today announced the acquisition of OptiPlant to further strengthen the company's solutions for owner-operators and EPC companies in the process industries.

Aspen Technology, Inc., a global leader in asset optimization software, today announced that Ecopetrol, the largest petroleum company in Colombia, has selected Aspen GDOT™ dynamic optimization software as part of its digitalization initiative to improve refining margins at its two refineries in Cartagena and Barrancabermeja, and upgrading to Aspen DMC3™ advanced process control software in Barrancabermeja refinery.

Improved reliability, safety, and sustainability are key strategic initiatives for pulp and paper companies to operate at maximum potential. In this Q&A with AspenTech® pulp and paper expert Joni Lipkowitz, learn how asset performance management can ensure a facility’s capability to produce and provide opportunities for additional capacity.

Today, refineries face the difficult challenge of maintaining and improving their gross refinery margin while meeting increasingly stringent emissions regulations. Refineries need to work in anticipation of new evolving emission regulations. Learn how BPCL Kochi refinery used Aspen HYSYS to develop a real-time refinery-wide digital twin for emissions monitoring enabling them to:

Today, enterprises are challenged with ensuring quick business transitions to keep up with changing demands in a volatile and uncertain markets.

Las empresas de energía y productos químicos siempre buscan reducir el CAPEX mientras aceleran los proyectos en facilidades existentes. La nueva tecnología de AspenTech de diseño 3D conceptual OptiPlant, integrada con otras herramientas de estimación y simulación de procesos, puede reducir el tiempo de análisis de alternativas a la mitad e identificar de la forma más rápida el mejor diseño y así poder ahorrar hasta un 30% en CAPEX.

Aspen Technology Partners with Larsen and Toubro Infotech to Accelerate Adoption of Cloud Services