Saras Selects Aspen Mtell® Prescriptive Maintenance Software to Improve Business Performance and Drive Operational Excellence
BEDFORD, Mass.–(BUSINESS WIRE)–Aspen
Technology, Inc. (NASDAQ: AZPN), the asset optimization software
company, today announced that Saras S.p.A. (BIT: SRS), owner of the most
complex refinery in the Mediterranean, with 300,000 barrels per day of
refining capacity, has selected Aspen Mtell® software to
drive reliability in its capital- and asset-intensive refinery
operations.
Aspen Mtell is part of the aspenONE® Asset Performance
Management (APM) software suite combining big data, machine learning and
process knowledge expertise to maximize performance across the design,
operations and maintenance asset lifecycle. Aspen Mtell mines historical
and real-time operational and maintenance data to discover the precise
failure signatures that precede asset degradation and breakdowns,
predict future failures and prescribe detailed actions to mitigate or
solve problems.
The company’s selection of Aspen Mtell was based on a competitive “proof
of concept” vendor selection process which initially focused on critical
refinery equipment, such as large compressors and pumps. Aspen Mtell was
able to execute this proof of concept within weeks, winning the Saras
business due to speed of deployment, accurate early detection of asset
failures, avoidance of false alarms and ability to scale the solution
system-wide. Saras plans to use its sister engineering company,
industrial automation specialist Sartec, to roll out Aspen Mtell
refinery-wide.
Through asset performance management — enabled by a blend of historical
and real-time process, asset and enterprise data, alongside proven
advanced technology — organizations can transform asset maintenance into
optimum reliability, extending the life of assets and maximizing the
return on capital employed.
Supporting Quotes
Alessandro Zucca, Digital Platform Manager, Operations and Assets,
Saras
“Improving reliability positively impacts a wide range of
issues, from reducing current maintenance costs to planning for abnormal
process conditions, avoiding emergency or unplanned shutdowns and
successfully managing unpredictable feed and demands. Saras expects to
achieve savings from this initiative, which is part of an important
digitalization project.”
John Hague, Senior Vice President and General Manager, AspenTech APM
Business Unit
“AspenTech is pleased to extend optimization’s
reach for valued customers like Saras by combining our process knowledge
and expertise with machine learning. We look forward to continuing to
deliver asset performance management solutions that maximize the
performance and life of refinery and other industrial assets.”
Supporting Resources
About AspenTech
AspenTech is a leading software supplier for optimizing asset
performance. Our products thrive in complex, industrial environments
where it is critical to optimize the asset design, operation and
maintenance lifecycle. AspenTech uniquely combines decades of process
modeling expertise with big data machine learning. Our purpose-built
software platform automates knowledge work and builds sustainable
competitive advantage by delivering high returns over the entire asset
lifecycle. As a result, companies in capital-intensive industries can
maximize uptime and push the limits of performance, running their assets
faster, safer, longer and greener. Visit AspenTech.com
to find out more.
© 2018 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo,
Aspen PIMS, Aspen PIMS-AO, Aspen Petroleum Scheduler, OPTIMIZE and Aspen
Mtell are trademarks of Aspen Technology, Inc. All rights reserved. All
other trademarks are property of their respective owners.
Contacts
Aspen Technology, Inc.
AspenTech
Tony Mays, +44 (118)
92 26510
[email protected]
