BURLINGTON, Mass. — July 7, 2009 — Aspen Technology, Inc. (OTC: AZPN.PK), a leading provider of
software and services to the process industries, today introduced
aspenONE V7 Manufacturing & Supply Chain (MSC). Innovations in
the latest software release enable process industry companies to
achieve higher profit margins by reducing operational costs,
improving agility, and doing more with less.
- Manufacturing innovations in aspenONE V7 MSC extend the
operational benefits of advanced process control and performance
management to more processes in the plant, and to more process
industry markets -- which before now was cost prohibitive.
- Guided workflows enable engineers to build, test, and deploy
multiple control applications faster, accelerating operational
stability and performance benefits.
- aspenONE V7 MSC extends AspenTech’s industry-leading,
integrated refinery planning and scheduling solution to the entire
petroleum supply chain. This allows integrated oil companies to
optimize decisions and visualize their impact across the petroleum
supply chain.
- Refinery planners and schedulers, distribution schedulers and
traders can collaborate more effectively and answer complex
questions faster, to keep pace of rapidly changing market
conditions. With aspenONE V7 MSC, customers are better able to
increase margins while safely optimizing throughput and maximizing
customer service.
- The MSC release also includes aspenONE V7’s IT
innovations that make it easier for customers to achieve value from
their software investment. The release includes a flexible
token-based licensing model, allowing customers to use the software
they need when and where they need it; the Aspen Licensing Center,
making it easier to identify and replicate software usage best
practices across the global enterprise; and support for leading
virtualization technologies from Microsoft, VMware and Citrix,
dramatically reducing software deployment time from months to
weeks.
aspenONE V7 Manufacturing & Supply Chain software is
available immediately. For more information on the entire aspenONE
V7 product line, visit www.aspentech.com/V7.
Supporting Quotes
Mark Fusco, President & CEO, AspenTech
"To be profitable in today’s economy, companies need to
make better decisions faster in response to rapidly shifting market
dynamics. At the same time, they need to reduce costs while
maximizing the efficiency of their overall operations. AspenTech
exists to solve these problems for process industry companies.
aspenONE V7 MSC makes it easier for our customers to navigate
through uncertain times while taking advantage of opportunities
with more agile and efficient operations."
Phil Koenig, Manager of Engineering & Analytical Services,
Marathon Oil Company
"One of the key challenges when integrating the supply chain is
to ensure that the individual organizations – for example
Refining, Supply, or Marketing – feel that the decisions
being made accurately reflect the impacts or costs on their
organizations. Using aspenONE V7 we will be able to combine
high-fidelity organizational models, allowing us to accurately
determine the incentives, costs, and impacts of supply chain
decisions, such as maximizing the value of specific crudes by
optimally distributing them across multiple refineries."
R. Amari, Senior Vice President of Supply, ENI S.p.A.
"In today's highly volatile markets, we are deploying an
integrated petroleum supply chain solution. It provides real time
visibility along with the solutions necessary to react with
increased speed, in an effort to drive down costs for our company
and our customers."
Dr. Kai Dadhe, Evonik Degussa GmbH
"Previously, the performance and stability benefits we received
from APC were confined to only certain processes. The new aspenONE
V7 Advanced Process Control platform provides a costeffective way
to implement process control on smaller units and extend those
operational benefits throughout our organization."
Dr. Wilfried Kossmann, Bayern Oil (a joint venture including
BP)
"aspenONE V7 is making it easier to keep controllers online and
maintain the benefits of advanced process control over time. The
new KPI reporting capability with diagnostics provides a key
insight into how controllers are behaving and whether or not any
remediation may be required. Bayern Oil is also very excited about
AspenTech’s Adaptive Modeling capability. Being able to
identify model deterioration, diagnose what the problem is and then
re-model the process all within an online framework is a major step
forward in performance capability."
Francois Toutain, Arkema
"To be able to do either a DMCplus, an Apollo or a State Space
controller in the same software platform is quite amazing. Compared
with the previous generation of advanced process control, V7 MSC is
friendly, easier, and more efficient to use."
Supporting Resources
About AspenTech
AspenTech is a leading supplier of software that optimizes
process manufacturing – including oil and gas, petroleum,
chemicals, pharmaceuticals and other industries that manufacture
and produce products from a chemical process. With integrated
aspenONE solutions, process manufacturers can implement best
practices for optimizing their engineering, manufacturing and
supply chain operations. As a result, AspenTech customers are
better able to increase capacity, improve margins, reduce costs and
become more energy efficient. To see how the world’s leading
process manufacturers rely on AspenTech to achieve their
operational excellence goals, visit www.aspentech.com.