Aspen Technology releases aspenONE version 11 software

Antonio Pietri President and CEO AspenTech 1Aspen Technology, the asset optimisation software company, has announced the general availability of the aspenONE version 11 software release

The company stated that the software breaks down barriers between engineers, planners, schedulers and maintenance professionals and enables customers to leverage analytics to streamline operations and boost profitability.

Version 11 release features innovations across aspenONE asset performance management (APM), aspenONE engineering, aspenONE manufacturing and supply chain software suites and introduces Aspen GDOT dynamic optimisation software, which unifies production optimisation for energy and bulk chemical companies in complex industrial environments.

Peter Reynolds, a senior analyst at ARC Advisory Group, said, “Multi-unit optimisation has always been difficult for many refining and petrochemical companies due to the inherent complexity of plant-wide models. The Aspen GDOT multi-unit dynamic coordination solution uses a simpler approach with dynamic data reconciliation and parameter estimation that should help owner-operators reduce current gaps in planning and scheduling.”

Version 11 of aspenONE asset performance management (APM) software suite incorporates prescriptive maintenance into planning and scheduling to warn of future equipment condition issues and plan interventions for asset failures and quality issues.

It aims to improve operational analytics for continuous and batch operations to accurately identify sources of process and quality variability and to improve asset utilisation.

Antonio Pietri, president and CEO, AspenTech, commented, “AspenTech is committed to delivering solutions that can help to increase the profitability of our customers. The innovation behind Version 11 of our flagship aspenONE solution delivers improved value for customers through multi-unit optimisation capabilities, integration of predictive equipment failure capabilities into the planning and scheduling process, and enhancements to our aspenONE® Engineering software suite.”

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