15-11-2022
Aspen Technology new software to advance sustainability and operational excellence initiatives
Aspen Technology Inc, a global leader in industrial software, today announced the availability of its latest aspenONE® software release, V14. The new release delivers advanced intelligence and guidance capabilities that improve decision-making abilities and further boost operational excellence. In addition, V14 enables customers to accelerate sustainability projects with more than 100 sample models and to manage Scope 1 and 2 emissions for reducing carbon footprints.
“It’s a critical time for companies to optimize efficiency and sustainability across their operations,” said David Arbeitel, Senior Vice President of Products at AspenTech. “Our customers are uniquely positioned to support the dual challenge of meeting the increasing demand from a growing population in a more sustainable way. The new capabilities in V14 will help customers streamline progress toward sustainability goals and operational excellence for stronger business outcomes.”
Accelerate Progress Toward Net Zero Goals
aspenONE V14 includes more than 100 sustainability sample models to jumpstart progress in the areas of emissions management, hydrogen economy, carbon capture, materials circularity, bio-based feedstocks and renewable energy. V14 automates CO2 emissions data collection from multiple sources for decarbonization compliance/reporting and enables customers to model these emissions in operations to achieve sustainability targets.
Achieve New Levels of Operational Excellence
A key value delivered by the V14 release is enhanced operational decision-making. With two new offerings — Aspen Virtual Advisor (AVA) for DMC3 and Aspen Unified Reconciliation and Accounting (AURA) — plus new capabilities and multiple enhanced integrations between existing solutions, the new release provides actionable guidance/real-time augmented intelligence and prioritizes anomaly and failure alerts based on severity and operational risk. In addition, V14 minimizes material losses with fast, efficient mass and volume balance and evaluates planned downtime options to enable better decisions that minimize impact on production and order commitments.
Industry Analyst Perspective
"AspenTech’s new release of V14 shows a commitment to innovation with new software to accelerate customers’ sustainability programs,” said Peter Reynolds, Principal Analyst, ARC Advisory Group. “With progress to further unify planning, scheduling, production accounting and maintenance functions, users can break down silos and extract more value from software. AspenTech is demonstrating industry leadership by adding unique AI capabilities with the application of cognitive analytics to address age-old issues with knowledge transfer and operator acceptance of systems like Advanced Process Control."
The newest release of aspenONE V14 software is currently available.
News Category:
-
LOOP technology goes live at Habshan gas processing plant
British climate technology firm Levidian has today announced the successful installation of its patented LOOP technology at ADNOC Gas’ Habshan Gas Processing Plant ...
16-01-2025
-
Gasunie enters 10-year framework agreement with Gasunie
Industrial services provider Bilfinger was selected by Dutch energy network operator Gasunie as one of three exclusive contractor groups to enter into a strategic long-term ...
16-01-2025
-
First ever ammonia and propane co-loaded vessel completes voyage from US to Europe
Trafigura, a market leader in the global commodities industry, in collaboration with CF Industries, the world’s largest producer of ammonia, today announced the completion ...
16-01-2025
-
Topsoe, a global leader in carbon emission reduction technologies, has chosen NER, a provider of technology performance insurance, as the preferred insurance partner ...
16-01-2025
-
OMV and Airbus collaborate to drive aviation decarbonisation
OMV and Airbus have signed a memorandum of understanding to advance the decarbonisation of the aviation industry through Sustainable Aviation Fuel (SAF). The partnership ...
16-01-2025
-
Allied Green Ammonia selects Plug Power for Mega 3 GW electrolyzer system
Plug Power Inc, a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced a landmark purchase agreement with Allied Green Ammonia. ...
15-01-2025
-
Aeromon achieves ISO accreditation
Aeromon has become the first internationally accredited provider of site-level methane quantification and flaring efficiency analysis. With ISO 17025 accreditation, Aeromon ...
14-01-2025
-
AM Green and DP World to establish India as a global hub for green molecules
AM Green, a leader in green hydrogen and ammonia production, has partnered with DP World, a global logistics leader, to create a sustainable supply chain for green fuels ...
14-01-2025
-
USA BioEnergy purchases land for sustainable aviation fuel refinery
USA BioEnergy today announced it has closed on the acquisition of 1,600+ acres of land in East Texas for its new $2.8 billion advanced biorefinery, designed to convert ...
12-01-2025
-
Montana renewables announces closing of DOE loan facility for new facility
Calumet Inc, announced today the closing of a $1.44 billion guaranteed loan facility with the U.S. Department of Energy Loan Programs Office. The loan will fund the construction ...
10-01-2025