The message this year from ADNOC CEO, Dr. Sultan Ahmed Al Jaber, was upbeat and strong and opened by talking about the global challenge of growth and sustainability.

Linking vast amounts of plant data with either off line or online process models, engineers can improve operational decisions with deeper process insights. AspenONE Engineering will increase throughput and operating efficiency through data-driven decisions enabled by plant calibrated predictive models through an operator friendly interface.

As the Oil & Gas industry attempts to address the threat that carbon release poses to the global climate, the issue of unplanned downtime comes into focus. To avoid greenhouse gas emissions and minimize safety incidents, companies can leverage AI systems such as prescriptive maintenance powered by machine learning to predict impending failures weeks or months in advance—and prescribe actions to avoid or mitigate the issue.

The digital transformation journey can be personalized based on each company’s maintenance maturity, by augmenting or improving on technologies such as condition-based monitoring and product inspections rather than replacing them.

Control Global Software powers smart enterprise

With shares up more than 50% this year, Aspen Technology (AZPN) — known as AspenTech — stands out amid the carnage in software growth stocks. Due to a number of varied customers in the energy industry, higher oil prices and Europe's need for new sources of liquefied natural gas, AZPN stock has surged.

Bangkok Post Invest Insure and Innovate in Uncertain Times

This article, featured in Business Reporter by AspenTech CEO and President Antonio Pietri, explores the role that business leaders have to play in developing strategies that will position their companies for a sustainable future.

Meeting the demands of today without compromising the expectations of tomorrow will require a balance between operational excellence and sustainability. View this video and learn how the new AspenTech is ready to help you overcome these challenges with proven, digital solutions that are focused on creating a sustainable future for all.

"From the moment I entered the exhibition hall, I could feel the excitement and the importance of the event."