AspenTech acquires inmation Software

Aspen Technology has announced that it has acquired inmation Software GmbH, a developer of industrial real-time information management software. With this acquisition, AspenTech says it is uniquely positioned to help capital-intensive organisations integrate, manage and contextualise their industrial data in order to make critical business decisions that bring customers closer to meeting their profitability and sustainability goals.

Scalable software from inmation is designed to adapt to the needs of users by connecting an organisation’s industrial data from various data sources, from plant-level historians to enterprise systems, to create a real-time industrial data infrastructure. Combined with AspenTech’s existing range, including plant-level solutions and AspenTech’s connectivity and artificial intelligence (AI) capabilities, users can bring order to their data and gain business insight from their industrial data safely and cost-effectively.

The company says inmation will become the cornerstone of AspenTech’s industrial data and connectivity business unit, AIoT.

“Capital-intensive industries are critically in need of a scalable solution to harness their huge amounts of industrial data to become efficient and sustainable in every area of their operations,” said Nicole Rennalls, VP and General Manager, AspenTech’s industrial data business unit, AIoT. “With connected, actionable industrial data, inmation and AspenTech customers can pursue digitalisation journeys that help them address the dual challenge of meeting the resource demands of a growing population with an increasing standard of living, in a sustainable way.”

“IT/OT collaboration is top of mind for our customers’ digital transformation strategies,” said Timo Klingenmeier, founder, inmation. “By joining AspenTech, we can deliver the technology, scale and resources to help capital-intensive industries bring both functions together to elevate OT data to the enterprise level and unlock meaningful insights across the organisation. Having a solid foundation that collects, organises, contextualises and securely transports massive amounts of data will be a significant competitive differentiator for customers.”

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