Aspen Technology’s latest aspenONE software release, V14 delivers advanced intelligence and guidance capabilities that improve decision-making abilities and further boost operational excellence.
aspenONE V14 includes more than 100 sustainability sample models to help industries jumpstart their progress in the areas of emissions management, hydrogen economy, carbon capture, materials circularity, bio-based feedstocks and renewable energy. V14 also automates CO2 emissions data collection from multiple sources for decarbonization compliance/reporting and enables emissions modelling in operations to achieve sustainability targets.
With two new offerings – Aspen Virtual Advisor (AVA) for DMC3 and Aspen Unified Reconciliation and Accounting (AURA), the new release provides actionable guidance/real-time augmented intelligence and prioritizes anomaly and failure alerts based on severity and operational risk. V14 also minimizes material losses with fast, efficient mass and volume balance and evaluates planned downtime options to enable better decisions that minimize impact on production and order commitments.
“It’s a critical time for companies to optimize efficiency and sustainability across their operations. The new capabilities in V14 will help customers streamline progress toward sustainability goals and operational excellence for stronger business outcomes,” said David Arbeitel, Senior Vice President of Products.
AspenTech is demonstrating industry leadership by adding unique AI capabilities with the application of cognitive analytics to address age-old issues with knowledge transfer and operator acceptance of systems, according to ARC Advisory Group.
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