About this organization

Organization Information : Founded in 1981, AspenTech is a global software leader helping industries at the forefront of the world's dual challenge meet the increasing demand for resources from a rapidly growing population in a profitable and sustainable manner. AspenTech solutions address complex environments where it is critical to optimize the asset design, operation and maintenance lifecycle. Through our unique combination of deep domain expertise and innovation, customers in asset-intensive industries can run their assets safer, greener, longer and faster to improve their operational excellence

Other Information: Founded in 1981, Aspen Technology, Inc. (AspenTech) as a result of a joint research project between the Massachusetts Institute of Technology (MIT) and the U.S. Department of Energy. The company focuses on developing software and solutions for optimizing industrial processes across sectors such as energy, chemicals, engineering, and manufacturing. AspenTech’s core offerings include asset optimization, process simulation, predictive and prescriptive maintenance, and advanced process control. Its flagship products, such as Aspen HYSYS and Aspen Plus, are widely used for process modeling and design. In recent years, AspenTech has expanded into digitalization and artificial intelligence to help customers improve operational efficiency, sustainability, and profitability. The company serves a global client base, supporting smarter, safer, and more sustainable industrial operations through innovative technology.