Le Lézard
Classified in: Science and technology
Subject: Product/Service

Aspen Technology Announces New AIoT Hub to Unlock Value of Data from Across the Digital Enterprise


Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization software company, today announced a new AIoT Hub, a result of the integration of its recent investments in Industry 4.0 capabilities. The new AIoT Hub enables seamless and flexible data mobility and integration across the enterprise from sensors to the edge and cloud and accelerates the delivery of visualization and insights for capital-intensive industries. This AIoT Hub is also the cloud-ready environment for AspenTech's next-generation Industrial AI products and solutions.

The new hub addresses the rapid convergence of IT and OT that customers are experiencing, significantly reducing the risks and time to market for introducing AI to complex operations. Unlike generic AI platforms, which require a massive data integration effort and an army of data scientists to implement, this new approach can seamlessly integrate industrial data sources and deliver actionable insights faster than ever before with ready-to-use and built-for-industry applications. It is also extensible, enabling customers and partners to create their own custom applications.

The AspenTech AIoT Hub consists of several well established and innovative technologies. At its core is Aspen InfoPlus.21 (IP.21) the information management system for real-time industrial processes, which collects large volumes of process data for reporting and analysis. It also integrates technologies from several acquisitions in recent years, including the cloud native connectivity from RtTech Software, the cloud capabilities and ability to assemble and deploy AI-driven IoT applications from Mnubo, and the enterprise insights and visualization features from Sabisu.

"Market volatility means that capital intensive industries have to be more agile than ever before to survive and thrive in every cycle," said Antonio Pietri, President and CEO of Aspen Technology. "Access to analytics and insights is a critical need when making business decisions, yet efforts to mine pools of data across the enterprise are often stalled by the challenges of data collection and integration, with promised business insights and agility never materializing. This new hub enables us to accelerate the delivery of the promised insights and agility, built on proven technology and expertise."

The products within the new hub are available today. Please visit www.aspentech.com to find out more.

Additional Resources:

About Aspen Technology

Aspen Technology (AspenTech) is a global leader in asset optimization software. Its solutions address complex, industrial environments where it is critical to optimize the asset design, operation and maintenance lifecycle. AspenTech uniquely combines decades of process modelling expertise with artificial intelligence. Its purpose-built software platform automates knowledge work and builds sustainable competitive advantage by delivering high returns over the entire asset lifecycle. As a result, companies in capital-intensive industries can maximize uptime and push the limits of performance, running their assets safer, greener, longer and faster. Visit AspenTech.com to find out more.

© 2020 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo, Aspen, Aspen Mtell are trademarks of Aspen Technology, Inc. All rights reserved.


These press releases may also interest you

at 10:00
The Canon EOS 6D is the most commonly used camera in 252 images which have made the shortlist for the RMG Astronomy Photographer of the Year competition in 2019 and 2020, according to analysis done by website Skies & Scopes. The camera was originally...

at 06:08
GWM (601633.SS/02333.HK), a leading automobile company in China, has formally announced to transform into a global mobility technology company. GWM has initiated a raft of major strategy upgrade including corporate culture, products, technology and...

at 03:00
PayBito has successfully added thousands of new Indian users in the last three months creating a milestone. Throughout the last few months, the company has been witnessing a significant increase in traffic, constant surges in trading volume, and new...

at 02:00
Qi Card today announced that it has seen increases in two important metrics for the company: in-app usage among current card holders and issuance of new Master Qi Cards. By the close of 2020, Qi Card will have five times more Master Cards in...

at 02:00
GetLinked® reviewed the features most commonly praised by customers in a recent survey. In doing the survey we found that what drives our customer retention is directly related to our mission to save our clients time, money and headaches. Saving time...

25 sep 2020
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Vaxart, Inc. . In early 2020, the Company, which focuses on...



News published on 12 august 2020 at 16:20 and distributed by: