The AspenTech team is thrilled that Aspen HYSYS® was named Best Modeling Technology 2020 for its ability to help organizations ensure safe operations, reduce CAPEX & OPEX spending and meet increasingly stringent sustainability goals.
We congratulate all the winners of the 2020 Hydrocarbon Processing Awards. The awards ceremony, now in its fourth year, recognizes the process industry’s top innovations and innovators.
Honorees received awards in 15 categories, including 13 celebrating the latest technological advances in the industry and two awards honoring people who have had a significant impact on the hydrocarbon processing field. Nearly 100 nominations were submitted from more than a dozen countries. Each abstract was voted on by an independent Hydrocarbon Processing advisory board, examining the solution’s impact on the industry and how it advances digitalization.
Aspen HYSYS has differentiated itself against competitor solutions in the market with decades of innovations that have enabled process engineers to develop highly accurate digital twins of their site-wide operations. These innovations include the ability to estimate both the capital and operating expenses of the process, conduct energy analysis of the process using pinch technology and to rigorously simulate the operations of heat exchanger units from within the Aspen HYSYS environment.
Other Aspen HYSYS innovations include its ability to enable visualization of the internal hydraulics of distillation columns, bringing significant savings to process industries world-wide. In addition, it’s now much easier for users to connect their simulation models to real-time plant data simplifying the deployment of digital twins for operations support.
Hydrocarbon Processing editor Lee Nichols says, "It’s exciting to have a front row seat to this digital transformation of the Hydrocarbon Processing Industry. Aspen HYSYS is one of many great digital technologies being adopted by plant operators, engineering and construction, and equipment/supplier companies looking to optimize processes and streamline workflows.”
With its latest update, Aspen HYSYS helps organizations close the gap between planning and operations to better align them and update planning models with more streamlined workflows. It also enables use of real-time plant data to leverage dynamic simulations for enhanced operator training simulation.
Read how Aspen HYSYS can now leverage the power of Industrial AI to solve complex problems in our latest whitepaper on Aspen Hybrid Models.