AspenTech, Inc. acquired Mnubo Inc. in July 2019
The acquisition of Mnubo will enable AspenTech to accelerate the distribution of embedded AI in both its existing and future solutions. A leading provider of purpose-built artificial intelligence (AI) and analytics infrastructure for the Internet of Things (IoT), Mnubo’s technology will accelerate the realization of AspenTech’s vision for its next generation of asset optimization solutions which combine deep process expertise with AI and machine learning.
In addition, the AspenTech AIoT Hub was launched in August 2020, and consists of several well established and innovative technologies. The AIoT Hub enables seamless and flexible data mobility and integration across the enterprise from sensors to the edge and cloud and accelerates the delivery of visualization and insights for capital-intensive industries. The new hub also serves as the cloud-ready environment for AspenTech’s next-generation Industrial AI products and solutions.
AspenTech helps customers in complex industrial environments drive operational excellence to new levels of performance. AspenTech combines nearly 40 years of engineering expertise with the speed and predictive power of industrial AI. Its purpose-built solutions can build sustainable competitive advantage, and customers maximize efficiency and uptime, making their operations run safer, greener, longer and faster.
AspenTech acquired Mnubo to deliver scalable AI-driven solutions for the smart enterprise. Mnubo’s AI and analytics infrastructure was purpose-built to accelerate the digital transformation of traditional industries by democratizing the power of artificial intelligence and machine learning. Mnubo enables industrial companies to assemble and deploy AI-driven IoT applications quickly, at enterprise scale.
The new AIoT Hub enables seamless and flexible data mobility and integration across the enterprise from sensors to the edge and cloud and accelerates the delivery of visualization and insights for capital-intensive industries. The Hub is also cloud-ready to assemble and deploy AI-driven IoT applications from Mnubo.