Aspen Technology Drives Higher Levels of Operational Excellence

New and expanded capabilities now available in aspenONE for optimization solutions, spanning design, operations and maintenance.

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Aspen Technology, Inc. introduces new and expanded capabilities now available in aspenONE, the company’s portfolio of asset optimization solutions, spanning design, operations and maintenance. The latest version of aspenONE, V14.3 May 2024, helps customers achieve new levels of operational excellence with expanded Industrial AI throughout the portfolio, additional integration of industrial data management across solutions and advancements in planning and scheduling capabilities.

“On the heels of OPTIMIZE 24 earlier this month where 1,100 customers and partners joined AspenTech for a week of discussions, it’s clear that asset-intensive industries are intensely focused on leveraging technology to achieve business performance objectives while making operations greener and safer,” says Rasha Hasaneen, chief product and sustainability officer at AspenTech. “The newest version of aspenONE, specifically enhancements to Aspen Unified solutions, is designed to enable customers to significantly streamline user workflows and drive the highest levels of optimization possible.”

Key Takeaways:

  • With the release of V14.3, the planning and scheduling capabilities in Aspen Unified have been enhanced with Industrial AI to attain higher levels of optimization. This is accomplished by enabling schedulers to close the gap between planned and actual operations. Through unique, innovative and dynamic optimization capabilities, refining and olefins producers can streamline and integrate planning, scheduling and yield accounting, resulting in smaller deviations and faster remediation.

  • Industrial AI is now incorporated in Aspen Unified PIMS with the availability of Aspen Virtual Advisor (AVA), which guides production planners to save time, make better decisions and explain the impact models have on performance and sustainability.