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| [December 10, 2012] |
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AspenTech Announces Availability of aspenONE® V8 Process Optimization Software
BURLINGTON, Mass. --(Business Wire)--
Aspen
Technology, Inc. (NASDAQ: AZPN), a leading provider of software and
services to the process industries, announced the release of aspenONE
V8 software. aspenONE V8 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 breakthrough innovations in advanced
process control, energy
and economic analysis.
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. Usability
and visualization enhancements in aspenONE V8 also enable users to
collaborate more easily, shortening project times and increasing
productivity.
Highlights of the new products and innovations in aspenONE V8 include:
aspenONE Engineering
A new Aspen
HYSYS. The energy industry's leading process simulator
redefines simulation usability with a redesigned interface, streamlined
workflow and interactive analysis. The new HYSYS makes it faster and
easier to generate optimized process simulations for the hydrocarbon
industry - from upstream to refining.
Solids
modeling integrated within the simulation environment.
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.
The new "Activate"
feature in Aspen Plus and Aspen HYSYS. This industry
first in 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.
aspenONE Manufacturing & Supply Chain
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.
The aspenONE V8 release is available immediately. For more information,
visit the aspenONE
V8 web page.
Supporting Quotes
Christo Viljoen, Director, Engineering Solutions Group, Petrofac "The
New HYSYS looks great and is a step ahead in terms of ease of use. 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."
Sriram Ramaganesan, Director, APC (News - Alert), Valero "The new Adaptive
Process Control is game changing technology. We achieved the objective
of obtaining quality data without unduly disturbing the process or
sacrificing economic objectives. The operators hardly noticed there was
a step test going on. I think this technology will greatly improve our
ability to work on multiple units in parallel."
Paul Gallagher, Refinery Planning Manager, Samsung (News - Alert) Engineering "Aspen
PIMS Platinum changes the way that planners can make decisions, making
it faster and easier. The post solution analysis capability has been
significantly enhanced with this new set of features including 2-D or
3-D graphs. Seeing the LP solution space visually is a sea-change in
planning analysis and should result in better plans and greater
profitability."
Phil Edwards, Staff Scientist - Process Modelling Specialist, SABIC "Activated
analysis in Aspen Plus V8 makes it very easy to see key performance
indicators including capital and operating costs, energy demand, and
carbon footprint. This feature maintains awareness of key cost drivers
and helps guide better decisions."
Ingrid Lunt-Rieg, Head of Process Modeling and CFD, Evonik "We
have been using Aspen Plus and SolidSim to model the fluids and solids
sections of our processes. The integration of SolidSim into Aspen Plus
enables us to design and optimize the entire process with one simulator
and consistent physical properties."
Manolis Kotzabasakis, Executive Vice President, Products, AspenTech "Our
product teams are passionate about developing breakthroughs in process
software, finding new ways for customers to optimize their operations.
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."
Supporting Resources
About AspenTech
AspenTech is a leading supplier of software that optimizes process
manufacturing - for energy, chemicals, engineering and construction, and
other industries that manufacture and produce products from a chemical
process. With integrated aspenONE solutions, process manufacturers can
implement best practices for optimizing their engineering, manufacturing
and supply chain operations. As a result, AspenTech customers are better
able to increase capacity, improve margins, reduce costs and become more
energy efficient. To see how the world's leading process manufacturers
rely on AspenTech to achieve their operational excellence goals, visit www.aspentech.com.
© 2012 Aspen Technology (News - Alert), Inc. AspenTech, aspenONE, the 7 Best Practices
of Engineering Excellence. OPTIMIZE and the Aspen leaf logo are
trademarks of Aspen Technology, Inc. All rights reserved. All other
trademarks are property of their respective owners.

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