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Aspen Technology Updates aspenONE Process Optimization Software Suite

Burlington, Mass.Feb. 25, 2013Aspen Technology Inc., a provider of software and services to the process industries, now provides new enhancements to its aspenONE process optimization software suite. The V8.1 release features the new Aspen Inventory Management and Operations Scheduling (IMOS); significant enhancements for assay management within Aspen PIMS; the first ever Aspen Deployment Assistant; and new Aspen HYSYS Teaching Modules.

“Our customers count on aspenONE products to continually help them optimize their operations in new ways,” said Manolis Kotzabasakis, Executive Vice President, Products, AspenTech. “The latest release of aspenONE delivers new functionality to facilitate collaboration, allowing teams to become productive faster and enabling them to work more efficiently. With this latest release of aspenONE software, we are helping companies to optimize team productivity – and gain a competitive edge.”

Through Aspen IMOS, schedulers gain full visibility on inventory positions; current and future inventory movements; market demand; and contract status, all through a single platform. Aspen IMOS’ shared data environment replaces spreadsheets and brings schedulers a new level of collaboration and real-time information to enable the most profitable decisions.

The new Aspen PIMS simplifies planners’ access to industry assay data. Refinery planners can now easily import industry-standard crude assays directly into Aspen PIMS, where it is stored and available for easy access anytime. Using this external assay data via the new Aspen PIMS assay management import function, planners can easily analyze new crudes using the widest variety of assay data available—and make better crude buying decisions.

Aspen Deployment Assistant accelerates deployment and enables a seamless upgrade path to the latest aspenONE software. With the V8.1 release, the Aspen Version Comparison Assistant feature allows engineers to avoid the arduous process of manually validating model results. This feature auto-generates a clear version-to-version comparison of modeling results to save engineering time.

The Aspen HYSYS Teaching Modules provide curriculum material for universities who develop the next generation of process engineers. Designed in conjunction with top chemical engineering professors and presenting real-world engineering challenges, the Teaching Modules are an essential tool to prepare new process engineers to enter the oil and gas and petroleum refining industry.

The V8.1 release of aspenONE software is available immediately.

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