AspenTech Introduces First Content Marketplace for Process Optimization with aspenONE®Exchange
Provides One-Stop Shop for Engineers to Source Equipment Data, Third-Party Content, and AspenTech Resources for Faster, More Accurate Process Design
BOSTON--(BUSINESS WIRE)-- OPTIMIZE 2013 -Aspen Technology, Inc. (NAS: AZPN) , a leading provider of software and services to the process industries, announced aspenONE Exchange, the first content marketplace for the process industries. Another industry first from AspenTech, aspenONE Exchange revolutionizes process design by providing engineers with a one-stop shop to source equipment data, third-party content, and AspenTech resources. By referencing design information hosted in aspenONE Exchange, process engineers can build more comprehensive and more accurate models faster.
With its broad range of engineering content and third-party equipment design information, aspenONE Exchange expands Aspen Plus® and Aspen HYSYS® into a comprehensive work environment and enables:
More accurate designs earlier. Process engineers can source design information provided by third-party vendors such as equipment manufacturers, process licensors, and contractors and incorporate it into their flow sheets. The result is a more efficient workflow and more comprehensive models earlier in the design process.
The right information at the right time. With aspenONE Exchange's powerful search capability, users can query thousands of content entries including third-party equipment data, AspenTech reference models, flowsheets, knowledgebase articles, and computer-based training to find the most relevant and useful items to improve their design. Information previously available across a variety of locations is now consolidated in one location.
Direct access to Process Engineers. By providing content in aspenONE Exchange, equipment manufacturers, process licensors, independent contractors, and other vendors directly reach the industry's largest cross section of process engineers. For more information about aspenONE Exchange and third-party content guidelines, visit www.aspentech.com.
aspenONE Exchange is available immediately. To download aspenONE V8.2 software, please visit AspenTech Support.
Eric M. Cordi, Associate Research Fellow, Pfizer
"aspenONE Exchange provides an excellent way for new and experienced users to explore well-documented, best practice process models. This shared environment increases the breadth of open innovation resources we rely upon in our computational process and product design efforts."
Manolis Kotzabasakis, Executive Vice President, Products, AspenTech
"Process engineers make design decisions that impact hundreds of billions of dollars in capital expenditures annually - and third-party vendors such as equipment manufacturers directly affect those costs. By connecting engineers with design information from vendors as well as from AspenTech, aspenONE Exchange delivers a one-stop shop for engineers. We consider this marketplace to be the first of its kind - and a whole new way to optimize designs."
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
© 2013 Aspen Technology, Inc. AspenTech, aspenONE, Aspen Plus, Aspen HYSYS, the Aspen leaf logo, and OPTIMIZE are trademarks of Aspen Technology, Inc. All rights reserved. All other trademarks are property of their respective owners.
KEYWORDS: United States North America Massachusetts
The article AspenTech Introduces First Content Marketplace for Process Optimization with aspenONE® Exchange originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.