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Aspen Technology Partners with OMV Group to Accelerate Progress Toward Net Zero Targets

Aspen Mtell® combines the power of data and technology to enable reliability and maintenance engineers to monitor the performance of assets, providing real-time visibility into asset health and actionable insights for faster decision-making. Discover why companies like LG Chem, Evolution Mining, OCP Ecuador and others have opted for AspenTech´s prescriptive maintenance solution to improve their operational efficiency and achieve carbon mitigation and sustainability goals.

AspenTech provides over 140 easy-to-use application models that you can adapt to your own initiatives, along with the supporting documentation to help you get started. Models cover areas such as bio-based feedstocks, carbon capture, emissions management, hydrogen economy, materials circularity and more.

According to results of a recent ARC Advisory Group benchmarking survey of Engineering Procurement & Construction (EPC) firms and Owner-Operators, capital projects for sustainability are requiring advanced digital solutions to accelerate scale up and time to market. One significant finding: 63% of EPCs leverage key digital deliverables from design to construction stages of a project.

Accelerate digitalization, achieve new levels of operational excellence, improve performance and advance sustainability goals with aspenONE software updates designed to drive simplification and ease of use with out-of-the-box modeling, industrial AI and streamlined integration.

AspenTech Introduces New Software Updates Enabling Customers to Achieve Advanced Levels of Operational Excellence

The hydrogen economy presents an attractive pathway for companies seeking to decarbonize their operations. However, developing the necessary global-scale infrastructure for green hydrogen poses various challenges and trade-offs across the value chain. Aspen Fidelis assists companies in managing this uncertainty, quantifying risks and ensuring that their capital investments have the highest probability of delivering desired returns throughout the asset's lifespan. See how your company can realize green hydrogen and ammonia solutions at scale.

Aspen Technology Announces Financial Results for the First Quarter of Fiscal 2024

Watch this video to learn how Aspen GDOT can help accelerate your digital transformation initiatives, improve refining margins and meet sustainability goals.

The hydrogen economy has been gaining momentum in North America for the past two years, and this has only accelerated as the U.S. Department of Energy begins to implement the incentives provided in the recent IRA legislation.