Aug 16, 2011

AspenTech Celebrates 30 Years of Being in Business

30 Year Distinction Held by Few Software Companies Demonstrates Commitment to Optimization for Energy, Chemical, Pharmaceutical, Engineering & Construction and other Process Industries.

AspenTech was officially incorporated 30 years ago. August 12, 2011 marks the 30th Anniversary of AspenTech’s incorporation, following the Advanced Systems for Process Engineering (ASPEN) project at the Massachusetts Institute of Technology in 1981.

The company is among a select few software vendors that have achieved this milestone, which includes Microsoft, Oracle, and SAP. This distinction underscores AspenTech’s commitment to delivering the most innovative process optimization solutions that create high value for process industry companies across engineering, manufacturing, and supply chain operations.

AspenTech is a leading supplier of software that optimizes process manufacturing – for energy, chemicals, pharmaceuticals, engineering and construction, and other industries that manufacture and produce products from a chemical process. With integrated aspenONE solutions, process manufacturers can implement best practices for optimizing their engineering, manufacturing and supply chain operations. As a result, AspenTech customers are better able to increase capacity, improve margins, reduce costs and become more energy efficient.