Revolutionizing Asset Optimization: AspenTech’s V14.3 Unveils Enhanced Features with Industrial AI Integration

Aspen Technology, Inc. has recently unveiled new and enhanced features in its aspenONE portfolio of asset optimization solutions. The latest version, V14.3, was released in May 2024 and includes a range of capabilities designed to help customers achieve higher levels of operational excellence.

One of the key enhancements in V14.3 is the expanded integration with Industrial AI technology, which allows customers to better align planned operations with actual performance and achieve improved optimization levels. This includes advancements in planning and scheduling capabilities that streamline user workflows and optimize operations to the highest degree.

Rasha Hasaneen, chief product and sustainability officer at AspenTech, notes that asset-intensive industries are increasingly focused on leveraging technology to meet business performance objectives while also improving environmental sustainability and safety. The newest version of aspenONE is designed to help these industries achieve their goals by providing more efficient and effective asset optimization solutions.

In addition to Industrial AI integration, V14.3 also includes improvements in industrial data management across solutions, making it easier for customers to collect, store, analyze, and use data from multiple sources to inform decision-making processes. This helps customers gain a deeper understanding of their assets and operations, enabling them to make more informed decisions that lead to improved outcomes.

Overall, the enhancements in V14.3 contribute to a more efficient and effective asset optimization process for customers utilizing aspenONE. By leveraging the latest technology and data analysis tools, these industries can improve their performance while also reducing costs, increasing safety, and minimizing their environmental impact.