Aspen Delivers Hybrid Models , Embedded AI for Industrial Safety - AI TechPark

Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in asset optimization software, today announced the general availability of the aspenONE V12 software release, which embeds artificial intelligence (AI) across the portfolio, and uses the cloud for delivery of enterprise-wide analytics and insights for increased safety, sustainability, and improved margins. AspenTech's Industrial AI solutions democratize the application of AI where it can deliver most value and is a vital step towards the Self-Optimizing Plant. "Aspen Hybrid Models are a major advance in the field of chemical engineering. Hybrid models are a major step forward in bringing together AspenTech's process models and machine learning and are a game changer in process engineering and plant improvement," said Dr. Karuna Potdar, Vice President, Technology Centre of Excellence, Reliance Industries Limited. Aspen Hybrid Models capture data from assets across the enterprise, and then apply AI, engineering first principles and AspenTech's domain expertise to deliver comprehensive, more accurate models at enterprise speed and scale.