Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of optimization software for the process industries, announces the availability of aspenONE Manufacturing and Supply Chain V8.7 software. The latest AspenTech software addresses Oil, Gas, and Chemicals companies’ challenge to maximize continuously the operational performance of plants, and to optimize the supply chain with increased visibility for better decision making.
aspenONE Manufacturing and Supply Chain V8.7 software includes the ability to:
Modify controller behavior
Aspen DMC3, AspenTech’s
revolutionary adaptive control software, enables control engineers to
continuously maximize operational performance and profitability by
ensuring that their Advanced Process Control (APC) controller models
always reflect the current operational and business drivers. The new
Aspen DMC3 Robust LP Tuning feature provides the control engineer with
the ability to make the controller more tolerant of model inaccuracy
thus improving controller performance under rapidly changing process
conditions.
Expand refinery pipeline scheduling
Automated Pipeline
Scheduling extends the scheduling capability of the Aspen Petroleum
Scheduler down to ancillary terminals to accurately track inbound and
outbound pipeline movements. With the new Aspen Petroleum Scheduler
software, refineries can easily manage multiple and bi-directional
pipeline segments and injection points with increased visibility and
accuracy to make better – and more profitable – decisions.
Create the optimal refinery plan
Aspen PIMS-AO software
delivers on the latest advancements in optimization, including parallel
processing, enhanced global optimization, feedstock basket reduction,
and nonlinear modeling, to improve planning for refineries and olefins
plants. New optimization capabilities enable the feedstock planner to
achieve the most profitable plan much faster than before – at least 8
times faster – increasing confidence in planning decisions and
maximizing profits. Aspen PIMS-AO may be run from the aspenONE PIMS
Platinum web-based flowsheet environment that was first introduced in
February 2014 to easily visualize, run, evaluate and compare the plan
and schedule side by side.
The V8.7 release of aspenONE Manufacturing and Supply Chain software, featuring updates to the Aspen DMC3, Aspen Petroleum Scheduler, and Aspen PIMS-AO software, is available immediately. Customers on the aspenONE Licensing Model can upgrade to the new version for no additional cost. For more information, visit http://www.aspentech.com/products/v8-release/.
Supporting Quotes
Manolis Kotzabasakis, Executive Vice President, Products, AspenTech
“Version
8.7 of aspenONE software is another step forward in collaboration across
planning, scheduling and manufacturing operations. By using the new
Aspen DMC3, Aspen PIMS-AO and Aspen Petroleum Scheduler software, our
customers can become much more profitable.”
Dr. Franz Höfferl, Department Manager, Operations Research, OMV
Refining & Marketing GmbH
“By running Aspen PIMS-AO’s new
solver tool with even the most complicated models, our results and
potential profits are significantly higher. Comprehensive testing has
not only validated these results, but bolstered our confidence that we
are targeting the optimal, most profitable plan.”
Social Media
Supporting Resources
- aspenONE V8.7 Software
- aspenONE V8.7 SoftwareaspenONE Advanced Process Control
- Aspen DMC3
- aspenONE Petroleum Supply Chain
- aspenONE Planning & Scheduling
- Aspen Petroleum Scheduler
- Aspen PIMS-AO
About AspenTech
AspenTech is a leading supplier of software
that optimizes process manufacturing – for energy, chemicals,
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.
© 2014 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo, Aspen DMC3, Aspen Petroleum Scheduler, Aspen PIMS-AO and aspenONE PIMS Platinum are trademarks of Aspen Technology, Inc. All rights reserved. All other trademarks are property of their respective owners.
Contacts:
AspenTech
Mary LaSelva, +1
781-221-5278
mary.laselva@aspentech.com
or
North
America
Lois Paul and Partners (for AspenTech)
Josh
DeStefano, +1 617-986-5714
aspentech@lpp.com