Aspen Technology Combines inmation Software and AIoT Hub to Advance Customers’ Digital Transformation Strategies
February 06 2023 - 8:00AM
Business Wire
Expanded AIoT Business Unit, now Known as
AspenTech DataWorks, Enables Customers to Unlock Value from Data in
Support of Profitability and Sustainability Goals
Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in
industrial software, today announced it has combined its AIoT Hub
with inmation Software to create an expanded business unit. Now
known as AspenTech DataWorks, the rebranded business unit provides
customers with a singular solution to access and manage their
industrial data, whether at the plant level or enterprise wide, in
support of their digital transformation strategies.
“A holistic data management strategy is the foundation of a
successful digital transformation journey,” said Nicole Rennalls,
VP and General Manager of AspenTech DataWorks. “Our customers need
a flexible, scalable solution to harness the huge amounts of data
being generated across the enterprise. AspenTech DataWorks provides
this and uniquely meets the needs of the executive suite and plant
floor, all at once.”
Asset-intensive industries looking to maximize value from
industrial data often are challenged to do so securely and
economically as the data is often trapped in different silos across
the organization. AspenTech DataWorks addresses these challenges by
aggregating and contextualizing data, both transactional and
real-time, from assets across the enterprise using powerful
integration technology. With this unique, industry leading
offering, organizations are now able to realize successful digital
transformation, with capabilities including:
- Data Governance – Centralized, flexible data management that
supports contextualization and user access control, as well as
encryption for all data types
- Connectivity – Vendor-neutral connectivity to all major OT and
IT interfaces that allows organizations to integrate data from
disparate sources and manage from a centralized system
- Data Integration– Value-added application enablement such as
advanced analytics, decision support, and AI
The cornerstone of AspenTech DataWorks is inmation Software
GmbH, one of the world’s leaders in the field of global and
industrial real-time information management. AspenTech announced
the acquisition of inmation last October. "The addition of inmation
Software to the AspenTech portfolio is a huge step forward to help
companies unlock more value from an industrial data strategy. The
real-time data platform connects diverse systems and addresses many
problems with data cleansing, contextualization and scalability,"
said Peter Reynolds, Principal Analyst, ARC Advisory Group.
For more information, visit AspenTech DataWorks.
About Aspen Technology
Aspen Technology (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. To learn
more, visit AspenTech.com.
© 2023 Aspen Technology, Inc., AspenTech, and the Aspen leaf
logo are trademarks of Aspen Technology, Inc. All rights
reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20230206005154/en/
Stephanie Jackman AspenTech +1 781-221-1965
Stephanie.Jackman@aspentech.com
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