Aspen Technology software updates to improve sustainability through AI

Aspen Technology (Asia) Inc

Tuesday, 21 November, 2023

Aspen Technology software updates to improve sustainability through AI

Aspen Technology has announced the introduction of new performance and sustainability capabilities available in its aspenONE suite of asset optimisation solutions that are designed to accelerate digitalisation strategies, progress net zero initiatives and improve asset health and performance.

“AspenTech is committed to innovating with our customers and developing solutions to close the gap between available technology today and what is needed to achieve net zero,” said Rasha Hasaneen, Chief Product and Sustainability Officer at AspenTech. “Optimising for efficiency and sustainability across operations is critical and these new capabilities make it easier for customers to overcome this challenge.”

The company said that new aspenONE v14 updates help users more quickly develop and implement reliable, impactful sustainability solutions. Updates also enable customers to extract insights based on operational data from across the enterprise, resulting in reduced inefficiencies and improved operational performance. Key among the new updates are an expanded set of models incorporating AI, as well as a number of integrations providing more comprehensive access to operational technology (OT) data.

AspenTech’s library of sustainability sample models now contains more than 140 options to drive faster time to market for new processes and technologies. Incorporating industrial AI, the models help overcome execution barriers for sustainability projects, improve economics and support investments. New high-fidelity models also increase hydrogen and carbon capture model accuracy, extend from design into operations and recalibrate based on changing process conditions.

Support for green hydrogen initiatives is also now available with out-of-the-box electrolyser models that help ensure safe operations of key equipment.

aspenONE now also includes new integrations to help users centrally manage enterprise OT data aggregation, including:

  • AspenTech Inmation, the company’s centralised data management system now seamlessly connects to its historian, Aspen InfoPlus.21, and its data visualisation solution, aspenONE Process Explorer (A1PE), to more easily identify inefficiencies, bottlenecks and production challenges from across the organisation.
  • AspenTech’s asset performance management solution, Aspen Mtell, now includes out-of-the-box integration with AspenTech Operational Insights that provides configurable dashboards to inform strategy, optimise resource allocation and improve performance.

In addition, AspenTech Inmation for Aspen Mtell provides native connectivity for quick integration with multiple, high-volume data sources to enhance asset performance management and improve reliability programs.


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