Latest aspenONE® Version 10.1 Software Release Introduces Aspen Operator Training

Leverages Aspen HYSYS® Dynamics to Eliminate Delays and Lower Costs
with One Dynamic Simulation Lifecycle

BEDFORD, Mass.–(BUSINESS WIRE)–Aspen
Technology, Inc. (NASDAQ: AZPN), the asset optimization software
company, today announced the availability of aspenONE® Version 10.1
software. AspenTech’s latest Engineering, Manufacturing & Supply Chain
and Asset Performance Management software innovations help leading
global companies achieve higher levels of safety and reliability by
optimizing asset performance.

New to the aspenONE Engineering suite, Aspen Operator Training enables
the seamless deployment of training for operators and engineers with a
dynamic simulation lifecycle solution that brings operator training
simulation (OTS) online sooner and sustains safety throughout the
lifetime of the asset. Aspen Operator Training integrates technology
acquired from Inprocess Technology and Consulting Group with the
industry-leading dynamic simulator, Aspen HYSYS® Dynamics, offering OTS
solutions that are easily maintained and accurately predict plant
behavior. This technology has a proven track record with customers –
CEPSA reduced start-up time and lowered production of off-spec products
and Perstorp saved valuable production days by reducing start-up time
after plant revamps. Total industry savings from operator training
simulation are estimated at $15 million USD per project.

Costing updates for Aspen Capital Cost Estimator and enhancements in
Aspen Exchanger Design & Rating are also available, in addition to the
latest ASME design code updates and new version comparison assistant for
Aspen Exchanger Design & Rating. The Aspen Simulation Workbook excel
interface is now compatible with both 32-bit and 64-bit computers.

The aspenONE Manufacturing and Supply Chain innovations in Version 10.1
software are designed to improve workflows and enhance usability. The
latest aspenONE Manufacturing Execution Systems (MES) software enables
easier migration from Process Explorer to the web-based aspenONE Process
Explorer. The software also enables users throughout the enterprise to
access key performance indicators via real-time KPI dashboards that can
be easily configured using improved navigation and drag and drop
functionality.

Also in aspenONE Asset Performance Management Version 10.1 software,
Aspen ProMV enables higher fidelity control and greater insights
resulting in high performing batch processes that help consistently
produce high quality, optimum yields by identifying and managing the
most important underlying sources of variability in operations.

Supporting Quotes

Kari Berte Bye, Senior Process Engineer, Yinson Production
“Yinson
reduced the time for new FPSO start-up significantly by using the
Operator Training Simulation solution now available with Aspen Operator
Training in aspenONE Version 10.1 software. Using a consistent dynamic
model across the lifecycle and decoupling the implementation of the
operator training solution from the rest of the asset automation, Yinson
can fast track projects, optimize for cost and responsiveness and have
the agility needed to maintain the solution.”

Vikas Dhole, Vice President, Engineering Product Management, AspenTech
“Aspen
Operator Training enables our customers and partners to more effectively
leverage dynamic lifecycle modeling for seamless and sustainable
Operator Training Simulation. DCS-agnostic and integrated with Aspen
HYSYS Dynamics, Aspen Operator Training reduces engineering time in
developing and deploying operator training solutions, maximizing
profitability and productivity without compromising safety, reliability
or regulatory compliance.”

Supporting Resources

• Yinson
• aspenONE
  V10.1 Software
• Aspen
  Operator Training
• Aspen
  HYSYS Dynamics
• aspenONE
  Manufacturing Execution Systems
• aspenONE
  Asset Performance Management

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.

© 2017 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo,
Aspen PIMS-AO, Aspen ProMV and OPTIMIZE are trademarks of Aspen
Technology, Inc. All rights reserved. All other trademarks are property
of their respective owners.

Contacts

AspenTech
Amanda McCarthy, +1 781-221-6806
[email protected]