AspenTech Differentiates With Analytics For Asset Optimization
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Executive Summary
This report forms one in a series covering the asset performance management (APM) software market, which is entering a new phase of growth and innovation. AspenTech was founded in 1981. The firm is listed on the NASDAQ stock exchange, operates from 30 locations around the world and has revenues of $500 million. AspenTech’s 2,200 customers mainly operate in asset intensive sectors and the vendor has acquired Fidelis Group and Mtell to enhance its APM software offering. Through its deep investment in APM analytics, the AspenONE software is able to solve three distinct customer problems relating to asset integrity and reliability. This differentiated portfolio of APM analytics makes AspenTech a good fit for large EPC firms, buyers looking for genuinely technology-agnostic APM software and operations managers who need to get new insight into asset health and reliability issues.The AspenONE APM Software Addresses Three Customer Requirements For Asset Optimization
AspenONE Enhances Performance Through The Asset Life Cycle With Robust Analytics
About the Authors
Malavika Tohani
Research Director
Malavika is a Research Director at Verdantix, guiding research that explores how digital technologies and services are reshaping industrial operations to become safer, more ef...
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David Metcalfe
CEO and Co-Founder
David is the CEO and co-founder of Verdantix, where he leads the firm’s strategic direction and client engagement. Since co-founding the firm in 2008, David has built a ...
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