Aspen Technology, Inc. (AZPN)

Provider of asset optimization software solutions for process industries including chemicals, energy, and engineering.

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Aspen Technology, Inc. Logo Aspen Technology, Inc. specializes in providing cutting-edge enterprise asset performance management, monitoring, and optimization solutions globally. These solutions are designed to optimize the entire lifecycle of asset design, operation, and maintenance within complex industrial environments.

The company's offerings include advanced technologies such as artificial intelligence of things (AIoT), Aspen Hybrid Models, and asset performance management systems. These technologies enable industries ranging from bulk chemicals to pharmaceuticals to enhance operational efficiency, reduce downtime, and improve overall asset performance.

Aspen Technology, Inc. also offers tailored solutions for production optimization in sectors like commodity polymers, olefins, refining, and specialty chemicals. Its expertise extends to subsurface science and engineering, and value chain optimization for energy, polymers, and specialty chemicals, ensuring comprehensive support for diverse industrial needs.

With a client base spanning power generation, metals and mining, transportation, and water and wastewater industries, Aspen Technology, Inc. plays a crucial role in optimizing processes and operations across various sectors. Founded in 2021 and headquartered in Bedford, Massachusetts, the company continues to innovate and evolve its suite of solutions to meet the dynamic demands of modern industrial ecosystems.

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