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 AspenTech
  • AspenTech
  • Aspen Technology, Inc. (NASDAQ: AZPN) is the largest integrated solutions provider focused exclusively on serving the unique needs of the $5 trillion process industries. Combining a 20-year track record of deep process expertise with best-in-class technology, AspenTech delivers intelligent e-business solutions that create quantifiable value: today our customers are gaining tens to hundreds of millions of dollars in value per year through increased asset utilization, greater efficiency, and higher throughput.

    AspenTech solutions enable process manufacturers to automate and optimize their plants and extended supply chains, while enabling e-business across the enterprise, among trading partners and with digital marketplaces.

    AspenTech's offerings comprise the industry's broadest family of scalable solutions with end-to-end integration in, not just one, but all three process industry value chains: supply chain, engineering/innovation life cycle, and manufacturing.

    AspenTech is the supply chain market leader in process industries with more than 2,500 worldwide installations, with 48% of the market in chemicals and petroleum.

    AspenTech intelligent e-business solutions demonstrate proven technical capability and documented value.

    AspenTech intelligent e-business solutions embed deep process knowledge, best-in-class technology, and domain specific collaborative workflow processes to meet the unique needs of specific vertical industries in the process arena

    AspenTech intelligent e-business solutions are supported by strategic alliances with leading business and technology partners- such as IBM, PricewaterhouseCoopers and Origin - and by our professionals, who comprise the industry's largest talent pool of process industry experts: a global "brain trust" of more than 600 professionals averaging 15 years of process industry experience.

    History:

    AspenTech was founded in 1981 to commercialize, technology developed by the Advanced System for Process Engineering (ASPEN) Project at the Massachusetts Institute of Technology. AspenTech went public in October 1994 and has acquired 19 industry-leading companies as part of its mission to offer a complete integrated, solution to the process industries. Over the past year AspenTech has Web enabled its solutions and expanded its offerings to provide best-in-class intelligent e-business for global enterprises and their trading partners as well as net marketplaces. Some of the company's acquisitions include Treiber controls, Inc., Chesapeake Decision Sciences, Inc., Zyqad, Ltd., CIMTECH.A., Contas Process Control S.r.L., IISYS, Inc., Special Analysis and Simulation Technologies, Ltd., Neuralware, Inc., PIMS business group from Bechtel Corp., B-JAC International, Inc., the Process Control Division of U.K.-based Cambridge Control Ltd., Dynamic Matrix Control Corporation (DMCC), Setpoint, Inc ., Industrial Systems, Inc. (ISI), and Prosys Technology, Ltd., and Petrolsoft.

    AspenTech's Plantelligence? Solutions automate and optimize critical business processes at the plant level. AspenTech's Enterprise Optimization? solutions extend the scope of optimization across the enterprise and extended supply chain. AspenTech eSupply chain solutions enable manufacturers to integrate seamlessly with customers, suppliers, trading partners and digital marketplaces.

    AspenTech employs more than 1,600 people worldwide.


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