At CERAWeek 2021, Bill Scudder, Senior Vice President and GM of AIoT Solutions at Aspen Technology, discussed the convergence of AI and IIoT into a new paradigm: The Artificial Intelligence of Things or AIoT. He described how a variety of market forces are putting increased pressure on operators to improve their operational efficiency. These forces include economic, sustainability, workforce and technology. Bill illustrated how industrial AI is defined by three domains, software at scale, data science/AI and domain expertise, and that, to be successful, Industrial AI solutions need to encompass all three domains. Finally, Bill introduced the vision of the Self-Optimizing Plant and the necessity of robust Industrial AI infrastructure to support it.

This report, written by Dr. Carole Nakhle, CEO of Crystol Energy, discusses the findings of a survey assessing the impact of the COVID-19 crisis on the global energy industry. The survey, a collaboration between Crystol Energy and AspenTech, was completed in November 2020. Download this comprehensive and informative report to learn more about the survey's key findings.

What can you expect at this year’s OPTIMIZE™ virtual experience? Watch as Antonio Pietri, President and CEO of Aspen Technology, talks about the key highlights of OPTIMIZE 21 and why it’s the premier global event for companies within capital-intensive industries that want to accelerate their digitalization journey.

In this short video featuring Antonio Pietri, CEO Aspen Technology, explains how the last 40 years have been foundational to the success of industrial AI. In order to accelerate your digital transformation, assets need to run safer, greener, longer and faster.

A AspenTech® desenvolveu um método para integrar modelos fenomenológicos de simulação de processos e o conhecimento do processo com IA e algoritmos de analytics. O resultado é um sistema de modelagem híbrida que oferece um modelo abrangente e preciso mais rapidamente sem exigir uma experiência significativa.

AspenTech® ha inventado un método para integrar modelos de simulación de procesos basados en primeros principios con el conocimiento en operación y algoritmos analíticos de IA. El software resultante de ello es un sistema de modelado híbrido que ofrece un modelo completo y preciso de forma más rápida sin necesidad de una experiencia significativa.

As energy companies shift to a new normal due to the pandemic, the energy transition continues to gain strong momentum. Industry leaders are focused on meeting aggressive sustainability targets and are making investments in digitalization to accelerate innovation.

아스펜테크는 퍼스트 프린시플(first principles), 즉 보존 법칙 기반의 공정 시뮬레이션 모델, 전문 지식(domain expertise)을 인공지능 (AI) 및 분석 알고리즘과 통합하는 방법을 개발했습니다. 이를 통해 완성된 하이브리드 모델링 (hybrid modeling) 솔루션을 활용하여 광범위한 데이터 세트를 분석하는 모델을 생성하는 것은 물론, 고도의 전문지식 없이도 정확한 모델을 신속하게 만들 수 있습니다.

How do we meet the expectations of a growing population, but also address sustainability? This short video featuring Antonio Pietri, CEO Aspen Technology, discusses this dual challenge and the new levels of operational excellence in the capital intensive industries.

Start your journey to the self-optimizing plant and view this interactive e-book that highlights how your assets can be safer, more reliable, more flexible and more profitable.