Engineering & Innovation
aspenONE solutions for Engineering & Innovation are fundamental to the safe and competent design and operational improvement of process plants. Collectively, they encapsulate an extensive range of simulation, engineering, modeling, and business decision support capabilities and use consistent simulation and data models and help you to:
- Achieve enterprise-wide asset management consistency. aspenONE solutions for Engineering & Innovation deliver consistent data and methodologies throughout your business enterprise. Projects move faster and more smoothly because they leverage your existing data and knowledge. Consistent models provide a common set of assumptions so you can drive engineering decisions with greater confidence.
- Link engineering, operations, and business lifecycles. aspenONE solutions for Engineering & Innovation enable models created for engineering purposes to be extended in consistent ways for use by plant operators, real-time optimization professionals, planners and business decision makers. In support of this goal, AspenTech supports open interfaces and has published many interfaces to aspenONE products.
- Increase engineering productivity and creativity. With the industry's most complete, powerful and innovative simulation and optimization tools, databases, unit operation libraries, and economic evaluation capabilities, aspenONE solutions for Engineering & Innovation significantly reduce the amount of time spent on common engineering tasks.
- Increase operating profitability and return on capital employed (ROCE). Rigorous and robust simulation models help you calculate optimal material, utility, and heat flows; and design correctly-sized equipment, enhancing asset utilization and increasing margins with little additional capital investment.
- Improve business predictability. aspenONE solutions for Engineering & Innovation enable you to generate accurately estimated alternative asset investment opportunities very early in the process asset lifecycle, using the industry's most comprehensive cost databases and rules-based system to properly scope your projects.
Sharing consistent data and models provides a common basis for business, engineering and operations decisions, improving the decision-making capabilities and the overall performance of your business. And all aspenONE models are backed by deep process industry domain knowledge, characterized by a history of engineering innovation, leading-edge software technology, and industry proven results.
