AspenTech releases new software suite

JOHANNESBURG (03/17/2004) - Aspen Technology Inc. has announced the commercial release of the Aspen Operations Manager suite of products.

The new suite aims to provide a technology platform that will enable companies to integrate their existing plant-floor and business applications, aggregate data from their operations and also analyze information for improved decision-making.

Aspen Operations Manager will also power AspenTech's vertical industry solutions that address the enterprise operations management (EOM) market, a new market space that is emerging as companies move to standardize on integrated software solutions to manage and optimize their day-to-day operations, the company says.

The new suite is designed to maximize customer value by delivering information across an organization where and when it is needed, AspenTech adds, giving users the visibility required to optimize operational performance.

Each individual has access to a role-based Web environment that provides a combination of mission-critical data and analytical tools tailored to their specific needs. When used in conjunction with any installed engineering, manufacturing or supply chain applications, the system enables users to visualize the future impact of business decisions on their operations, based on a consistent set of data, models and assumptions.

The new capabilities enabled by the Operations Manager suite aim to allow companies to build on the investments they have already made in engineering, plant and business systems, and add new functionality in a series of controlled stages.

The technology infrastructure is based on industry-standard software to simplify integration between different applications, including both AspenTech and third-party systems. This approach maximizes the value of existing ICT investments and leads to lower overall cost of ownership, the company says.

"The release of Aspen Operations Manager is a major step forward in AspenTech's ability to empower customers by providing users with actionable information," according to Dave Woll, vice-president of ARC Advisory Group.

"Operations Manager can scale from what ARC calls a Performance Personalization Tool (used by anyone with a need for current performance information) through to a performance intelligence solution required for a world-class Real-time Performance Management strategy. AspenTech's ability to deliver this level of extensibility in Operations Manager provides customers with an opportunity to tailor a solution that precisely fits their business requirements."

"Aspen Operations Manager is a central pillar of our strategy to deliver solutions to the enterprise operations management market," says Ian Huntly, MD of AspenTech Africa.

"The new suite will provide a strong technology platform for our new vertical industry EOM solutions. These solutions solve a well-defined array of operational problems specific to each sector, and will include dedicated suites for the oil & gas, petroleum, chemicals, polymers, pharmaceutical and other process industries," he concludes.

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