Path to Self-Optimizing Plant Accelerated with Aspen Technology's New Industrial AI Solutions

Aspen Technology, Inc. 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 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. The process industries have embraced digital transformation to drive operational excellence and innovation as they respond to meet the needs of growing populations and expectations for sustainability. The new solutions in aspenONE V12 address these unique challenges with better modeling accuracy, greater insights and improved total cost of ownership that can support evolving business needs and take advantage of the new digital native workforce.