Aspen Hybrid Models combine AI and first principles to deliver a comprehensive, accurate model more quickly without requiring significant expertise. Machine learning is used to create the model, leveraging simulation or plant data while using domain knowledge, including first principles and engineering constraints to build an enriched model without the need for modeling or AI expertise.

AspenTech Expands Application of Industrial AI to Achieve New Profitability and Sustainability Goals

Aspen Technology, Inc., a global leader in asset optimization software, today announced the acquisition of OptiPlant to further strengthen the company's solutions for owner-operators and EPC companies in the process industries.

Aspen Technology, Inc., a global leader in asset optimization software, today announced that Ecopetrol, the largest petroleum company in Colombia, has selected Aspen GDOT™ dynamic optimization software as part of its digitalization initiative to improve refining margins at its two refineries in Cartagena and Barrancabermeja, and upgrading to Aspen DMC3™ advanced process control software in Barrancabermeja refinery.

Aumento da confiabilidade, segurança e sustentabilidade são as outras iniciativas chave que as companhias de celulose e papel buscam para garantir que são capazes de operar ao máximo potencial. Neste Q&A com o especialista em celulose e papel AspenTech® Joni Lipkowitz, aprenda como o gerenciamento do desempenho de ativos (APM) pode mitigar as falhas antes que aconteçam, minimizar o tempo de inatividade não planejado, e garantir as metas de produção.

Improved reliability, safety, and sustainability are key strategic initiatives for pulp and paper companies to operate at maximum potential. In this Q&A with AspenTech® pulp and paper expert Joni Lipkowitz, learn how asset performance management can ensure a facility’s capability to produce and provide opportunities for additional capacity.

Don Victory came to OPTIMIZE 2017 with an idea about conceptual engineering that has since become a reality. What are the odds that this may happen again?

Sustainability is no longer an option—it’s an imperative. Awareness and alarm about the impact of human activity on the environment has begun to shift buying and investment behavior around the world. Increasing energy use, resource depletion and waste generation are creating an urgency to rethink current consumer and business practices, and specifically to address priorities related to sustainability.

Today, refineries face the difficult challenge of maintaining and improving their gross refinery margin while meeting increasingly stringent emissions regulations. Refineries need to work in anticipation of new evolving emission regulations. Learn how BPCL Kochi refinery used Aspen HYSYS to develop a real-time refinery-wide digital twin for emissions monitoring enabling them to:

Industry leaders have been estimating capital projects with Aspen Capital Cost Estimator™ for decades. Now, with the recent release of ACCE Insights, estimators, managers and stakeholders have access to estimation data with an intuitive and customizable dashboard.