AspenTech upgraded software enhances project outcomes

AspenTech EDRProvider of software and services to process industries Aspen Technology has announced the availability of new enhancements to aspenONE Engineering Version 8.8 software

Developed for oil and gas, refining, chemicals, engineering and construction (E&C) and other process industries, aspenONE V8.8.2 includes updates to the Aspen Economic Evaluation and the Aspen Exchanger Design and Rating (EDR) product families. The latest upgrades deliver integrated workflow and costing improvements that allow leading global firms to minimise capital expenditures, improve project design efficiency and boost operational profitability.

The Aspen Capital Cost Estimator (ACCE) software includes the annual cost basis update for 2015, which is integrated into the entire aspen economic evaluation suite of products.

ACCE V8.8.2 software allows users to accurately and quickly estimate the total cost of equipment, labour and related services in new markets and locations, and to independently evaluate E&C and vendor quotes, using cost data that reflects market changes over the past year. Designed for use throughout the estimating lifecycle, ACCE also creates value and mitigates risks for potential and current projects by incorporating project scope changes and managing costs early on in the design process, aligning E&C and owner-operator expectations and work processes.

Aspen EDR software V8.8.2 conforms to the latest versions of design codes, including the American Society of Mechanical Engineers (ASME) and European standards.

Josh Fredberg, senior V-P, products at AspenTech, said, “Process manufacturing in today’s business environment requires innovative software able to optimise capital and operating costs while ensuring asset utilization matches economic objectives. With the new enhancements to the aspenONE suite of industry-leading tools, we are giving customers the ability to more quickly, efficiently and profitably design, build and maintain their production operations.”

New versions of Aspen ACCE and Aspen EDR software are now available.

 

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