There are plenty of reasons the year 1994 is noteworthy – some might remember The Lion King topping the annual box office, or that Seinfeld ruled TV ratings. Others may remember it for the birth of the World Wide Web, widely considered the beginning of the modern Internet.

It was also the year that AspenTech was first listed – on October 26 – on NASDAQ.

To commemorate that debut 30 years ago, AspenTech President and CEO Antonio Pietri and a group of AspenTech employees, including ERG leaders, executive team members and employees who have been with the company since the listing, went to New York to ring the exchange’s closing bell.

In his comments during the event, Pietri said AspenTech’s three decades on NASDAQ – more than half of the index’s 53-year history – is a testament to the resilience and commitment not only of those with a long tenure at AspenTech but also speaks to the hard work and dedication of employees.

“(Since our founding) we have demonstrated the ability to transform the process industries by solving more and more complex challenges through our innovations,” he said. “Today, as a global industrial software leader, we leverage our expertise to support the transition of asset-intensive industries, helping them address the next big challenge: the Dual Challenge of meeting the increasing demand for resources from a rapidly growing population while helping them achieve their sustainability targets.”

Pietri also highlighted AspenTech’s long history of creating value for customers using AI, and how the technology will play a key role in the Energy Transition going forward.

“We’ve been leveraging AI for more than two decades to innovate,” he said. “With innovation as our cornerstone, we continue to be at the forefront of industrial AI, helping our customers extract value from their data, accelerate agility, improve decision making and drive efficiencies and sustainability throughout their organizations.”

Going forward, he said, the combination of AspenTech’s industrial AI capabilities and unmatched domain expertise will be critical as the world transitions to a new energy system capable of supporting energy security, affordable access to energy and environmental sustainability.

In the end, Pietri gave the credit for three decades of being listed on NASDAQ to the company’s nearly 4,000 employees and their tireless work to continue to drive innovation for customers.

“All this is enabled by the incredible talent that works at AspenTech,” he said, just before ringing the closing bell. “The individuals and teams that drive our innovation, that have great domain expertise and are super-passionate about our industries and customers. They are here to transform, and this is why AspenTech is trusted to transform.”