AspenTech Insights
Edition #1
Dive into a collection of the latest blog posts written by AspenTech and industry experts, focusing on sustainability, technology innovations and even insights into life at AspenTech. Click "Continue Reading..." to explore the full articles available on the AspenTech Blog and expand your understanding of the topics shaping our industry.
US Clean Energy Transition is Thriving with Policy Initiatives
Clean energy development in the US is “thriving,” with important policy support enabling deeper investment in new capabilities for the energy transition. This is the overwhelming message from the latest edition of the “Sustainable Energy in America Factbook,” an annual review of the US energy industry prepared by Bloomberg New Energy Finance ltd. (BNEF) in partnership with the Business Council for Sustainable Energy (BCSE) . Continue Reading...
AspenTech OSI DERMS: A Bright Future Ahead
In today’s rapidly evolving energy environment, Distributed Energy Resource Management Systems (DERMS) play a crucial role in optimizing power grids and ensuring efficient utilization of distributed resources. DERMS refers to a suite of technologies and strategies that enable real-time monitoring, control and optimization of complex energy networks. These systems manage the integration of distributed energy resources (DERs) into the grid, allowing for seamless coordination and efficient utilization. DERs include rooftop solar panels, batteries, electric vehicles and smart home devices. We’re pleased to announce that AspenTech OSI ranked #2 in a recent assessment of DERMS technology by Guidehouse Insights! Continue Reading...
APM's Impact on Power Utilities
AspenTech’s Asset Performance Management (APM) solution is designed to provide comprehensive monitoring, diagnosis, and reliability management in asset and process-intensive industries. Let’s explore how APM can enhance asset management programs specifically for power utilities. Continue Reading...
An Interview with Aspen Black Collaborative (ABC) Global Leaders
Author: Dominic Malfara | Sr. Blog Editor, AspenTech
Employee Resource Groups (ERGs) at AspenTech exist to foster community within our workforce as well as in our lives outside of work. Diversity and inclusivity, along with excellence and innovation, are integral to our company's core values. To that end, recently, the AspenTech Black Leadership Forum ERG underwent a rebranding to the Aspen Black Collaborative (ABC). Global leaders for the ABC Néma Gaye CRHA, SHRM-SCP and Nerissa Lawford sat down to explain what was behind the decision as well as the ABC’s activities at AspenTech during Black History Month. Continue Reading...
Bridging the Communication Gap Between Chemical Manufacturers and Tollers
Recommended by LinkedIn
To keep processes running smoothly, tollers need to be in contact with their client company to ensure they always have the latest information regarding the materials and demands they need to manufacture, package or ship. However, maintaining this tight level of coordination between manufacturing and supply chain teams at two different companies can be challenging. Continue Reading...
Digital's Role: Ensuring Energy Security in the Face of Global Challenges
Amidst the COVID-19 pandemic and the conflict in Ukraine, energy security has taken center stage. These events have prompted a shift in our approach to the energy transition. While countries have implemented short-term measures like fuel substitution, market interventions, fiscal policies and voluntary demand reduction to tackle the energy crisis, it’s crucial to recognize that long-term solutions aligned with sustainability, economic growth and justice are essential. These events have put energy security under the microscope. They’ve uncovered the need for long-term solutions that will accelerate the energy transition and instill more stability in our global energy system. Continue Reading...
Sustainability Models Help Customers Accelerate Net-Zero Progress
With sustainability and decarbonization on top of everyone’s minds and with the recent pledges and discussions that took place during COP28, there is an urgent need to speed up solutions to reduce emissions. The main challenge today is on how best to deploy those solutions at the scale needed to significantly move the needle, while ensuring operational performance and delivering a just transition. Continue Reading...
A Single Source Of Truth At The Heart Of Your Asset Performance And Reliability Workflows
Author: Kiran Darmasseelane | Senior Analyst, Verdantix
Asset-intensive industries are grappling with heightened complexities when maintaining the reliability and peak performance of their assets, due to multiple pressures arising from decarbonization initiatives and regulations, aging assets and skilled workforce shortages. In response to these multifaceted challenges, asset performance management (APM) solutions have emerged as indispensable tools. Continue Reading...
Digital Production Scheduling is a High ROI for Chemicals Manufacturers
Many manufacturing and supply chain leaders are astounded when I share with them the customer success story about a leading specialty chemicals manufacturer that increased its total manufacturing site throughput by 20%, without incurring additional capital expenses. This improvement was achieved thanks to a digital production scheduling and real-time manufacturing collaboration workspace investment which had a two-month payback period. This customer has become more agile meeting their customers’ production requirements, even when those demands grow quickly and unexpectedly. Continue Reading...
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Executive
4moCongratulations, to Aspen Technology OSI, on being ranked #2 of #DERMS (Distributed Energy Resource Management Systems), which play a crucial role in optimizing power grids and ensuring efficient utilization of distributed resources! Best wishes, to Jill Smith, Board Chair, Antonio Pietri, President & CEO, and 'Team #AspenTech', for all your endeavors, and to achieve, many more, milestones! Syed Awees, Aspiring ACCA & Sustainable Investments Analyst. Thanks for sharing, an informative-insightful article on 'Sustainability & Tech. Innovations', Aspen Technology.