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AspenTech Announces Implementation Services and Training Partnership with ProSensus to Improve Process Reliability and Asset Uptime

Multivariate Analysis Improves Continuous and Batch Processes

BEDFORD, Mass.–(BUSINESS WIRE)–Aspen
Technology, Inc.
(NASDAQ: AZPN), the asset optimization software
company, today announced an Implementation Service Provider (ISP) and
training partnership with multivariate analysis consulting and education
experts ProSensus, Inc. to further expand the implementation and use of
aspenONE® Asset Performance Management (APM) software,
including Aspen ProMV, by global manufacturing and process industry
companies.

ProSensus has successfully enabled firms in the consumer packaged goods,
pharmaceutical, chemicals, metals & mining and energy industries to
optimize processes and improve product quality. Leading companies like
PepsiCo, Johnson & Johnson, ARLANXEO and Eli Lilly maintain and maximize
process and product performance with powerful ProMV multivariate
analysis technology originally developed by ProSensus and now embodied
in aspenONE APM software.

Aspen ProMV is part of the aspenONE APM software suite combining big
data, machine learning and process modeling expertise to maximize
performance across the design, operation and maintenance asset lifecycle.

As the world leader in asset optimization software, with 35 years of
technology leadership and innovation, AspenTech has delivered billions
in value creation for over 2,100 blue-chip customers worldwide.

Supporting Quotes
Eric Johnson, President and CEO,
ProSensus
“ProSensus, founded on over 45 years of Dr. John F.
MacGregor’s pioneering work in multivariate data analysis, has analyzed
“big data” and modeled complex data sets for many Fortune 500 companies
to help them formulate new products as well as troubleshoot and optimize
processes. We look forward to continuing to partner with AspenTech to
offer consulting expertise to customers in the manufacturing and process
industries.”

John Hague, Senior Vice President and General Manager, AspenTech APM
Business Unit
“AspenTech’s partnership with industry innovators
like ProSensus will allow us to help customers realize the full value of
their data with accurate and actionable insights that improve
reliability by increasing asset utilization and avoiding unplanned
downtime at lower maintenance cost.”

Supporting Resources

About AspenTech
AspenTech is a leading software supplier for
optimizing asset performance. Our products thrive in complex, industrial
environments where it is critical to optimize the asset design,
operation and maintenance lifecycle. AspenTech uniquely combines decades
of process modeling expertise with big data machine-learning. Our
purpose-built software platform automates knowledge work and builds
sustainable competitive advantage by delivering high returns over the
entire asset lifecycle. As a result, companies in capital-intensive
industries can maximize uptime and push the limits of performance,
running their assets faster, safer, longer and greener. Visit AspenTech.com
to find out more.

© 2017 Aspen Technology, Inc. AspenTech, aspenONE, the Aspen leaf logo,
Aspen Basic Engineering, Aspen Fidelis Reliability, Aspen Mtell, Aspen
ProMV, Aspen Unified PIMS and OPTIMIZE are trademarks of Aspen
Technology, Inc. All rights reserved.

Contacts

AspenTech
Amanda McCarthy, +1 781-221-6806
[email protected]