AspenTech Launches aspenONE V8 Process Optimization Software

Solution allows engineers, manufacturing and supply chain professionals to further improve their respective processes and increase profitability

Burlington, Mass.Dec. 10, 2012Aspen Technology Inc., a provider of software and services to the process industries, released the aspenONE V8 software which delivers a new version of Aspen HYSYS; solids modeling functionality (acquired from SolidSim earlier this year) integrated within Aspen Plus; the new Aspen PIMS Platinum; a new version of Aspen Collaborative Demand Manager; and innovations in advanced process control, energy and economic analysis.

“Our product teams are passionate about developing breakthroughs in process software, finding new ways for customers to optimize their operations,” explained Manolis Kotzabasakis, Executive Vice President, Products, AspenTech. “aspenONE V8 extends the boundaries of process optimization. Our customers are very excited by the value it is already delivering. As we continue to make aspenONE software easier to use, more process industry professionals will be able to work together to make faster and more profitable decisions for their companies.”

With aspenONE V8, new and occasional users become proficient faster; and experienced users can do more. This is critical for process industry companies facing workforce development and skills shortages.

The integration of recently acquired SolidSim technology into Aspen Plus eliminates silos between previously disparate solids and liquids modeling processes. This makes it possible to optimize all chemical processes together for the first time.

“We have been using Aspen Plus and SolidSim to model the fluids and solids sections of our processes,” said Ingrid Lunt-Rieg, Head of Process Modeling and CFD, Evonik. “The integration of SolidSim into Aspen Plus enables us to design and optimize the entire process with one simulator and consistent physical properties.”

Usability and visualization enhancements in aspenONE V8 also enable users to collaborate more easily, shortening project times and increasing productivity.

In addition, a new Aspen HYSYS makes it faster and easier to generate optimized process simulations for the hydrocarbon industry – from upstream to refining. This feature for process optimization allows process engineers to find energy and capital cost savings faster. Through activated energy, process engineers can quickly identify ways to change designs to reduce energy, saving design time and future operating cost. Employing activated economics, process engineers can apply science rather than intuition to ensuring the best use of capital.

“The New HYSYS looks great and is a step ahead in terms of ease of use,” said Christo Viljoen, Director, Engineering Solutions Group, Petrofac. “The innovations that AspenTech has introduced in aspenONE V8 will help Petrofac optimize designs for customers, reduce project risks and improve the quality and speed of our process engineering work.”

Other highlights of the new products and innovations in aspenONE V8 include:

  • New “Adaptive Process Control” in aspenONE APC—This new functionality automates many of the tasks that traditionally required control engineering resources. With Adaptive Process Control, process manufacturers can sustain advanced process control performance by making maintenance a continuous process.
  • The introduction of Aspen PIMS Platinum—The latest addition to the aspenONE Petroleum Supply Chain product line enables planners to collaborate more easily to deliver optimal plans faster. They can visualize and evaluate multiple scenarios along with plant data to make better, more profitable decisions.
  • A new Aspen Collaborative Demand Manager—A rich and engaging user experience provides the information granularity customers need to manage different forecasting requirements. Process manufacturers can improve demand forecast accuracy to increase customer service levels, reduce excess inventory, and provide better input to purchasing decisions.
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