Aspen Technology Announces Three New Applications for InfoPlus.21 Process Information Management System.CAMBRIDGE, Mass.--(BUSINESS WIRE)--Nov. 24, 1998-- Aspen aspen, in botany aspen: see willow. Aspen, city, United States Aspen (ăs`pən), city (1990 pop. 5,049), alt. 7,850 ft (2,390 m), seat of Pitkin co., S central Colo. Calc, Aspen Genealogy genealogy (jē'nēŏl`əjē, –ăl`–, jĕ–), the study of family lineage. Genealogies have existed since ancient times. and Aspen Process Recipe increase the value of process information management Aspen Technology Aspen Technology (NASDAQ: AZPN) provides software and professional services to the manufacturing and process industries which allows companies to model, manage, and control their operations. AspenTech was founded in 1981 by MIT professor Dr. , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AZPN), the leading provider of Smart Manufacturing and Supply Chain Management software and services for the process industries, today announced the availability of three new applications for the InfoPlus.21(tm) process information management system. These applications enable engineers to perform custom calculations, to apply reference recipes to control semi-continuous processes and to track material movements through a complex continuous or semi-continuous operation. The applications further enhance the value of InfoPlus.21, which is the most advanced process information server and historian available to the manufacturing industries manufacturing industries npl → industrias fpl manufactureras manufacturing industries npl → industries fpl de transformation . The Windows NT-based system is a core component of AspenTech's Plantelligence(tm) suite of products and services for the integrated design The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. , operation and management of process plants and supply chains. InfoPlus.21 integrates real-time operating data with historical information to present a unified view of plant operations. It also provides the platform for implementing specific applications, including real-time process monitoring and trouble-shooting, and batch information management. "AspenTech designed InfoPlus.21 to act as the foundation for a wide range of applications that draw on both real-time and historic data on plant operations," said Brian Harkins, vice president, information management products, Aspen Technology, Inc. "InfoPlus.21 drives daily plant operations at more than 500 sites worldwide in each of the process industries. To support these customers, AspenTech is working to develop specialized applications, such as Aspen Calc(tm), Aspen Process Recipe(tm) and Aspen Genealogy(tm), that solve the specific requirements various industries have for gathering and using process information." Aspen Calc Engineers constantly perform calculations that enable them to gauge the efficiency, safety and environmental compliance of a plant, as well as whether it is on track to meet production goals. Aspen Calc draws on plant information in InfoPlus.21 to enable users to define calculations, then manage and execute these process calculations, as well as custom algorithms and user-defined programs, in a Windows environment (1) (upper case "W") Refers to computers running under a Microsoft Windows operating system. (2) (lower case "w") Also called a "windowing environment," it refers to any software that provides multiple windows on screen such as Windows, Mac, Motif and X Window. . Aspen Calc supports specific features for engineering calculations, such as engineering unit conversions and propagating value qualities. This advanced engineering functionality makes it possible to use these calculations for on-line applications. Aspen Calc is a perfect complement to existing off-line calculation support using Microsoft Excel (tool) Microsoft Excel - A spreadsheet program from Microsoft, part of their Microsoft Office suite of productivity tools for Microsoft Windows and Macintosh. Excel is probably the most widely used spreadsheet in the world. Latest version: Excel 97, as of 1997-01-14. . Aspen Process Recipe Recipes are a crucial element of many manufacturing processes, which are well-suited to S88-styled recipes implemented in Sequencia's OpenBatch(tm). However, the nature of recipes in semi-continuous processes, including those found in the pulp and paper and polymers industries, differs significantly. Semi-continuous processes differ in that the recipe complexity is more a factor of the number of setpoints and limits and products instead of the sequencing complexity found in batch processes. Aspen Process Recipe addresses the unique requirements of semi-continuous processes, including support for recipes that vary from one product run to the next. In addition, Aspen Process Recipe enforces change controls on recipes to aid in ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. compliance. Aspen Genealogy Aspen Genealogy makes tracking material movements through semi-continuous and batch manufacturing processes practical and time efficient. Engineers working with semi-continuous processes or with continuous process segments can spend hours or even days evaluating paper records to determine the relationships between raw materials, equipment and finished product lots. Based on historical process data from InfoPlus.21, Aspen Genealogy models the process to determine these relationships on-line, then makes this information easy to navigate so engineers better understand the process and to aid in troubleshooting. "Our customers are increasingly interested in specialized applications that meet their specific process needs," continued Harkins. "With software growing ever more costly to develop, and companies downsizing (1) Converting mainframe and mini-based systems to client/server LANs. (2) To reduce equipment and associated costs by switching to a less-expensive system. (jargon) downsizing and outsourcing, they can no longer afford to develop custom solutions. These three new products are designed to help our customers be more productive by providing a consistent work process approach in both their office solutions and manufacturing applications. Our adherence to Microsoft standards has made this possible." About AspenTech Aspen Technology, Inc. (www.aspentech.com) is a leading supplier of software and services for the design and automation of process manufacturing The manufacturing industry that uses process control systems. See process control. plants and the optimization of the supply chain in process industries including chemicals, petrochemicals, petroleum refining, pulp and paper, metals and minerals, electric power, pharmaceuticals, semiconductor, consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one , and food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. . Process manufacturers use AspenTech's solutions to improve the way they design, operate and manage their plants and global supply chain. These solutions enable manufacturers to reduce their raw material, energy and capital expenses; meet environmental and safety regulations; improve customer service levels; reduce inventory requirements; improve product quality; and shorten the time required to get new production processes on stream. AspenTech employs more than 1,500 and is headquartered in Cambridge, Mass., with offices in 22 countries worldwide. Plantelligence, AspenTech's suite of products and services, is the process manufacturing industry's only complete solution for optimizing manufacturing enterprises from supply chain to plant execution. Deep process knowledge, combined with world-leading optimization expertise and integration with enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) and open control systems, brings AspenTech manufacturing customers' businesses closer to their true potential. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , particularly the fourth and eighth paragraphs, that involve a number of risks and uncertainties. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include the risks set forth under the caption "Risk Factors" in Aspen Technology's Current Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the Securities and Exchange Commission, which factors are incorporated herein by reference. AspenTech, Plantelligence, InfoPlus.21, Aspen Calc, Aspen Process Recipe, Aspen Genealogy, Batch.21 and the aspen leaf logo are trademarks of Aspen Technology, Inc., Cambridge, Mass. Sequencia and OpenBatch are trademarks of Sequencia Corporation. All other marks are trademarks of their respective owners. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion