A recent study by industry analyst firm Verdantix found that 56% of respondents believe that asset performance management (APM) is essential to business success, but few have executed on APM strategies and documented the business value. While APM has traditionally been the domain of maintenance and reliability engineers, its place within process-intensive industries is evolving.

With the rapid escalation of energy prices and geopolitical risk in Europe, energy security has moved to center stage. At the same time, energy and chemical companies need to innovate and transform their business strategies to meet sustainability and profitability goals. Digital solutions are emerging as a strategic tool to help organizations navigate volatility, both short and long term.

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Pharmaceutical Processing World_How pharma can optimize for right-the-first-time drug

Industrial organizations require asset optimization solutions to improve overall plant performance and avoid unexpected failures.

本报告由普林斯顿大学名誉教授罗伯特·索科洛（Robert Socolow）共同撰写，阐述了最近一项调查的结果，该调查旨在更好地了解行业领导者在规划可持续未来时所采取的战略和行动。

There is a growing need for complex industries to quickly implement AI solutions to prepare for a less skilled workforce. But not all AI is created equal. Having the “right” AI is essential to success.

The construction industry had been slow to digitalize. The pandemic and growing need to find digital ways of communicating to bring together dispersed project teams and enable them to collaborate has changed all that. Construction firms that will succeed will be those that embrace advanced technology and the latest AI tools that drive operational efficiencies across the end-to-end value chain.

Recently, Heiko Claussen, SVP and Head Industrial Data Scientist at AspenTech, sat down with Jim Harris, one of North America’s foremost thinkers on disruptive innovation and author of international bestseller Blindsided! The result is a four-part video series on how to “Leverage Industrial AI to Meet Business Challenges.” This blog highlights one of the videos: “The Changing Workforce in Manufacturing Today.”

AspenTech is excited to announce the integration of OSI, Inc. and E&P Software, providing new capabilities including Digital Grid Management and Subsurface Science & Engineering. See how the new AspenTech delivers proven results that support your Dual Challenge, meeting the needs of a higher standard of living for a rapidly growing population while achieving your sustainability and profitability goals.