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TMCNet:  AspenTech releases aspenONE V8 software

[December 19, 2012]

AspenTech releases aspenONE V8 software

Dec 19, 2012 (Datamonitor via COMTEX) -- Aspen Technology, Inc., or AspenTech, a provider of software and services to the process industries, has announced the release of aspenONE V8 process optimization software.

aspenONE V8 delivers a new version of Aspen HYSYS; solids modeling functionality (acquired from SolidSim earlier in 2012) integrated within Aspen Plus; the new Aspen PIMS Platinum; a new version of Aspen Collaborative Demand Manager; and breakthrough innovations in advanced process control, energy and economic analysis.

With aspenONE V8, new and occasional users become faster, and experienced users can do more. This is critical for process industry companies facing workforce development and skills shortages. Usability and visualization enhancements in aspenONE V8 also enable users to collaborate easily, shortening project times and increasing productivity. Highlights of the new products in aspenONE V8 include aspenONE Engineering and aspenONE manufacturing & supply chain.

The energy process simulator redefines simulation usability with a redesigned interface, streamlined workflow and interactive analysis. The new HYSYS makes it easier to generate optimized process simulations for the hydrocarbon industry - from upstream to refining. The integration of recently acquired SolidSim technology into Aspen Plus eliminates silos between previously disparate solids and liquids modeling processes. This makes it possible to optimize all chemical processes together for the first time.

The new Activate feature in Aspen Plus and Aspen HYSYS is the industry first in process optimization that allows process engineers to find energy and capital cost savings faster. Through activated energy, process engineers can identify ways to change designs to reduce energy, saving design time and future operating cost. Employing activated economics, process engineers can apply science rather than intuition to ensuring the best use of capital.

New Adaptive Process Control in aspenONE APC functionality automates many of the tasks that traditionally required control engineering resources. With Adaptive Process Control, process manufacturers can sustain advanced process control performance by making maintenance a continuous process.

The introduction of Aspen PIMS Platinum is the latest addition to the aspenONE Petroleum supply chain product line that enables planners to collaborate easily to deliver optimal plans faster. They can visualize and evaluate multiple scenarios along with plant data to make profitable decisions.

A new Aspen Collaborative Demand Manager is an engaging user experience that provides the information granularity customers need to manage different forecasting requirements. Process manufacturers can improve demand forecast accuracy to increase customer service levels, reduce excess inventory, and provide better input to purchasing decisions.

Manolis Kotzabasakis, executive vice president, products, AspenTech, said, "Our product teams are passionate about developing breakthroughs in process software, finding new ways for customers to optimize their operations. aspenONE V8 extends the boundaries of process optimization; our customers are very excited by the value it is already delivering. As we continue to make aspenONE software easier to use, more process industry professionals will be able to work together to make faster and more profitable decisions for their companies." Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon

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