AspenTech’s suite of asset optimization software creates value across all phases of the asset lifecycle – design, operate and maintain – in capital intensive and complex projects and operations, supporting Emerson’s Project Certainty and Operational Certainty initiatives. Emerson’s global footprint, automation engineering services and software, extensive large-scale project execution and consulting capabilities complement AspenTech’s technology footprint. Collectively, these capabilities can be deployed as solutions in both conventional and cloud-based architectures.
The alliance will initially focus on three key areas: engineering software, including high-fidelity simulation to help validate project design and train operators before start-up; manufacturing and supply chain software, including advanced process control software designed for highly complex operations; and asset performance management software to improve plant reliability.
Together, the two companies will provide holistic optimization strategies that rely on real-time data, advanced analytics enabled by machine learning, and rich process knowledge to bring measurable business improvements in production, as well as in the areas of reliability, safety and energy management.
Emerson, headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Their Emerson Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Their Emerson Commercial and Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure.
For more information visit Emerson.com.
AspenTech is a software supplier for optimizing asset performance. AspenTech combines decades of process modeling expertise with big data machine learning. Their purpose-built software platform automates knowledge work and builds sustainable competitive advantage by delivering high returns over the entire asset lifecycle. As a result, companies in capital-intensive industries can maximize uptime and push the limits of performance, running their assets faster, safer, longer and greener.
Visit AspenTech.com to find out more.