The digital transformation journey can be personalized based on each company’s maintenance maturity, by augmenting or improving on technologies such as condition-based monitoring and product inspections rather than replacing them.

As the Oil & Gas industry attempts to address the threat that carbon release poses to the global climate, the issue of unplanned downtime comes into focus. To avoid greenhouse gas emissions and minimize safety incidents, companies can leverage AI systems such as prescriptive maintenance powered by machine learning to predict impending failures weeks or months in advance—and prescribe actions to avoid or mitigate the issue.

Aspen Mtell prescriptive maintenance software can predict breakdowns weeks in advance and help protect machines, business investments, the environment, and most importantly, people.

Aspen Mtell prescriptive maintenance software can predict breakdowns weeks in advance and help protect machines, business investments, the environment, and most importantly, people.

Control Global Software powers smart enterprise

With shares up more than 50% this year, Aspen Technology (AZPN) — known as AspenTech — stands out amid the carnage in software growth stocks. Due to a number of varied customers in the energy industry, higher oil prices and Europe's need for new sources of liquefied natural gas, AZPN stock has surged.

Bangkok Post Invest Insure and Innovate in Uncertain Times

This article, featured in Business Reporter by AspenTech CEO and President Antonio Pietri, explores the role that business leaders have to play in developing strategies that will position their companies for a sustainable future.

Aspen Technology Announces Financial Results for the First Quarter of Fiscal 2023

Aspen Technology Delivers First-of-its-Kind Training for Sustainability Technology Pathways