Aspen Technology Acquires OptiPlant
Summary
AI-driven 3D conceptual plant layout with parametric asset models and automatic pipe routing enables closer collaboration between owner-operators and EPCs to improve accuracy, reliability and speed of cost estimates from the earliest project stages. The reputation of the team at OptiPlant for outstanding domain expertise in 3D conceptual layout combined with the innovation demonstrated in the proven solutions made it a great fit for AspenTech,” commented David Arbeitel, Senior Vice President of Product Management at Aspen Technology. “This acquisition will help to expand AspenTech’s vision for Industrial AI with the next generation of technology that includes AI-driven conceptual plant layouts which increase the variety and simplify option changes in early design decisions.” “Today, our customers need to identify new ways to reduce CAPEX, accelerate time to market and support safety and sustainability imperatives. Its 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 safer, greener, longer and faster.
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