AspenTech launches process optimization software

AspenTech - Press Release
Friday, December 14, 2012

Process industry software provider Aspen Technology, Inc. announced the release of aspenONE V8 software. aspenONE V8 delivers a new version of Aspen HYSYS; solids modeling functionality (acquired from SolidSim earlier this year) 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.

"Activated analysis in Aspen Plus V8 makes it very easy to see key performance indicators including capital and operating costs, energy demand, and carbon footprint," said Phil Edwards, Staff Scientist - Process Modelling Specialist, SABIC. "This feature maintains awareness of key cost drivers and helps guide better decisions."

With aspenONE V8, new and occasional users become proficient 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 more easily, shortening project times and increasing productivity.

Highlights of the new products and innovations in aspenONE V8 include:

aspenONE Engineering

A new Aspen HYSYS. The energy industry’s leading process simulator redefines simulation usability with a redesigned interface, streamlined workflow and interactive analysis. The new HYSYS makes it faster and easier to generate optimized process simulations for the hydrocarbon industry – from upstream to refining.

Solids modeling integrated within the simulation environment. 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. This industry first in process optimization allows process engineers to find energy and capital cost savings faster. Through activated energy, process engineers can quickly 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.

aspenONE Manufacturing & Supply Chain

New “Adaptive Process Control” in aspenONE APC. This new 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. The latest addition to the aspenONE Petroleum Supply Chain product line enables planners to collaborate more easily to deliver optimal plans faster. They can visualize and evaluate multiple scenarios along with plant data to make better, more profitable decisions.

A new Aspen Collaborative Demand Manager. A rich and engaging user experience 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.

The aspenONE V8 release is available immediately. For more information, visit the aspenONE V8 web page.

Categories: Technology Software

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