In this interview, Erika Belmont Product Manager for Performance Engineering explains the advantages of using dynamic process simulation to gain insight into the transient behavior of systems and understand how processes respond to changes.

Setting up analyses to study transient process conditions is cumbersome, even for the most experienced engineers in the process industry.

Learn how AspenTech University can help organizations to navigate challenges and compete at the highest level with our end-to-end competency development curriculum. AspenTech University offers flexible, expert-led classes that teach the in-depth knowledge and skills required to fully apply AspenTech solutions. Learn by solving real-world problems through hands-on exercises.

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Register today for the premier global event (April 29–May 3 in Houston, TX) for AspenTech customers, including users, operational leaders and executives within asset-intensive industries who are looking to elevate their business performance, improve their resiliency and meet their sustainability targets.

Leading chemical companies across the globe face more competitive pressures with volatile market conditions and a rapidly changing workforce pushing the demand for increased sustainability and profitability. Digital twin software offers new levels of operational excellence through enterprise-wide insights that drive improved business operations.

The concept of digital twins has been around since 1960s, but the term was first introduced nearly a decade ago by NASA's John Vickers. Until very recently, adoption of digital twins has been fairly inconsistent but acceptance looks to be accelerating with recent market shifts. Today’s users are seeing exponential benefits by deploying multiple digital twins across sites. The next wave of digitalization innovations, powered by digital twins and AI, is creating new levels of agility and flexibility, paving the way to autonomous operations.

What is a digital twin and what does it do? Learn how digital twin technology provides important insight on system performance enabling companies to optimize operations and reduce costs by maximizing uptime with real-time recommendations.

The commitment towards enabling the energy transition was palpable—with key players focusing on collaboration, partnerships, and technology as catalysts for change.

Working with AWS, Aspen Mtell provides a cloud-ready environment for next-generation Industrial AI products and solutions to meet operational excellence and sustainability goals.