May 9, 2011
Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, announced that Samsung Total Petrochemicals has received a 2011 PM100 award for operational excellence mastery, based on use of aspenONE Planning & Scheduling software.
Mr. Young-In Yoon, Vice President, Base Chemical Production, Samsung Total
“A trusted partner, AspenTech’s planning and scheduling solution has helped us optimize margins by establishing tightly integrated planning and scheduling business operations. Based on the initial results, Samsung Total is on schedule to achieve more than $5 million in annual savings as a result of the deployment.”
Henry Lau, Senior Vice President & Managing Director for APAC, AspenTech
"Satisfied customers such as Samsung Total continue to implement additional modules of the aspenONE suite because they realize good return on investment. AspenTech's vision is to enable every process company to achieve operational excellence and improve profitability across the enterprise. Our mission is to help customers stay competitive by making manufacturing operations more agile and better able to respond to changing market conditions."
AspenTech is a leading supplier of software that optimizes process manufacturing – for energy, chemicals, pharmaceuticals, engineering and construction, 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.