Frost & Sullivan Names AspenTech Enterprise Optimization Company of the Year.NAPLES, Fla. -- Frost & Sullivan will present 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) with the 2005 Enterprise Optimization Company of the Year Award at tonight's third annual Excellence in Industrial Technologies Banquet. Frost & Sullivan presents this Award to the company that has demonstrated excellence in all areas of operations -- business development, competitive strategy, and market leadership. The Award also recognizes positive impact on customer operations across the enterprise; application of technology to industry-specific challenges; and exceptional customer service, which is crucial to achieving enterprise success. AspenTech, a world-class provider of software solutions and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. to the process industries, receives the Award in recognition of its ability to translate deep process modeling and industry expertise into solutions that help customers manage and optimize their operational performance. "Large corporations are realizing that in order to reach the next level of value creation, they must embrace more holistic solutions that unify the boardroom with the plant floor and reach across the enterprise," says Frost & Sullivan research manager, Sathyajit Rao. "With AspenTech's launch of aspenONE, this vision is becoming a reality for companies in the process industries." "aspenONE integrated solutions provide a cohesive set of software, professional services, and partnership relationships designed to meet the distinctive demands of the process industries, seamlessly tying together data and models across multiple roles, departments and facilities," he says. "This integration provides real-time visibility that gives companies the ability to make rapid, profitable decisions." Underpinning this seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. is 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. Operations Manager See datacenter manager. , which provides a consistent set of data, models and assumptions within a role-based web environment. Aspen Operations Manager leverages Microsoft standards-enabled technology such as the .NET Framework and SharePoint(R) Portal Server (1) A network server that deploys portal services to a public Web site or internal intranet. See portal. (2) An application that is used to develop, deliver and maintain a Web portal. , as well as other technologies. "Superlative customer satisfaction ratings indicate that AspenTech has winning solutions along with an unrivalled ability to implement them globally," notes Rao. "Its ability to understand customer requirements, develop solutions to enable enterprise-wide optimization, and consistently deliver on customer promises truly qualifies AspenTech as the recipient of the Company of the Year Award in the enterprise optimization space." Held in Naples, Fla., Frost & Sullivan's Excellence in Industrial Technologies Awards Banquet honors world-class companies for outstanding performance and achievements in their respective industries. An annual event, the banquet recognizes the quality and merit of distinguished individuals and companies. About Aspen Technology, Inc. Aspen Technology, Inc. provides industry-leading software and professional services that help process companies improve the efficiency of their business processes, optimize their operational performance and enhance their financial results. The new generation of integrated aspenONE(TM) solutions gives manufacturers the capabilities they need to model, manage and control their operations, enabling real-time decision making and synchronization (1) See synchronous and synchronous transmission. (2) Ensuring that two sets of data are always the same. See data synchronization. (3) Keeping time-of-day clocks in two devices set to the same time. See NTP. of the plant and supply chain. Over 1,500 leading companies already rely on AspenTech's software, including Aventis, Bayer, BASF BASF Bar Association of San Francisco (since 1872; San Francisco, California) BASF Badische Anilin und Soda Fabrik (German chemical products company) BASF Builders Association of South Florida , BP, ChevronTexaco, Dow Chemical, DuPont, ExxonMobil, Fluor, GlaxoSmithKline, Shell, and Total. For more information, visit www.aspentech.com. About Frost & Sullivan Frost & Sullivan, a global growth consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics econometrics, technique of economic analysis that expresses economic theory in terms of mathematical relationships and then tests it empirically through statistical research. , and demographics. For more information, visit www.frost.com |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion