AspenTech out to advance levels of operational excellence with aspenONE updates

Aspen Technology has introduced new performance and sustainability capabilities available in aspenONE®, the company’s portfolio of asset optimisation solutions, spanning design, operations and maintenance.

Designed to accelerate customer digitalisation strategies and help customers achieve advanced levels of operational excellence, the new capabilities progress net-zero initiatives, empower engineers with enhanced artificial intelligence, improve asset health and performance, enable customers to achieve an integrated enterprise data management system and more, the company says.

Rasha Hasaneen, Chief Product and Sustainability Officer at AspenTech, explained: “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. Optimising for efficiency and sustainability across operations is critical and these new capabilities make it easier for customers to overcome this challenge.”

New aspenONE updates help customers more quickly develop and implement reliable, impactful sustainability solutions, the company says. 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 comprehensive access to operational technology data.

AspenTech said: “As customers progress toward their net-zero goals, the ability to ensure accuracy in their sustainability solutions and tackle complex problems is critical”

AspenTech’s modelling capabilities address both these challenges with new and expanded updates, including:

  • 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 increase hydrogen and carbon capture model accuracy, extend from design into operations, and recalibrate based on changing process conditions; and
  • Support for green hydrogen initiatives is now available with out-of-the-box electrolyser models that help ensure safe operations of key equipment.

aspenONE also comes with new integrations to help customers 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™, 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; and
  • 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 drive customers’ reliability programs.

Peter Reynolds, Principal Analyst, ARC Advisory Group, said: “AspenTech’s new release of aspenONE demonstrates breakthrough innovation with multiple AI-powered software enhancements designed to help industrial customers achieve operational excellence. AspenTech customers can now use their reconciliation and accounting software to track plant wide GHG emissions accurately and consistently to lower their carbon intensity. Moreover, the capabilities in this release make it easier to progress sustainability initiatives with sample models for carbon capture, hydrogen, battery recycling and more.”