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Aspen Technology (NASDAQ:AZPN) has introduced a new solution, AspenTech Strategic Planning for Sustainability Pathways™, in collaboration with Aramco, focusing on guiding companies in carbon capture utilization and storage decision making. The company also announced an expanded co-innovation program to deliver solutions across multiple sustainability pathways.
Aspen Technology (NASDAQ:AZPN) ha introdotto una nuova soluzione, AspenTech Strategic Planning for Sustainability Pathways™, in collaborazione con Aramco, concentrata sulla guida delle aziende nelle decisioni riguardanti la cattura, l'utilizzo e lo stoccaggio del carbonio. La compagnia ha anche annunciato un programma di co-innovazione ampliato per fornire soluzioni attraverso molteplici percorsi di sostenibilità.
Aspen Technology (NASDAQ:AZPN) ha presentado una nueva solución, AspenTech Strategic Planning for Sustainability Pathways™, en colaboración con Aramco, enfocada en guiar a las compañías en la toma de decisiones sobre la captura, utilización y almacenamiento de carbono. La empresa también anunció un programa expandido de co-innovación para entregar soluciones a través de múltiples caminos de sostenibilidad.
Aspen Technology (NASDAQ:AZPN)는 아람코와 협력하여 AspenTech Strategic Planning for Sustainability Pathways™(지속 가능성 경로를 위한 전략 계획)라는 새로운 솔루션을 도입했습니다. 이는 기업이 탄소 포집, 활용 및 저장 결정을 내리는 데 도움을 주기 위한 것입니다. 회사는 또한 여러 지속 가능성 경로를 통해 솔루션을 제공하기 위해 확장된 공동 혁신 프로그램을 발표했습니다.
Aspen Technology (NASDAQ:AZPN) a introduit une nouvelle solution, AspenTech Strategic Planning for Sustainability Pathways™, en collaboration avec Aramco, axée sur l'orientation des entreprises dans les décisions de capture, d'utilisation et de stockage du carbone. La société a également annoncé un programme élargi de co-innovation pour fournir des solutions à travers plusieurs voies de durabilité.
Aspen Technology (NASDAQ:AZPN) hat eine neue Lösung, AspenTech Strategic Planning for Sustainability Pathways™, in Zusammenarbeit mit Aramco eingeführt, die sich auf die Unterstützung von Unternehmen bei Entscheidungen zur Kohlenstoffabscheidung, -nutzung und -speicherung konzentriert. Das Unternehmen kündigte ebenfalls ein erweitertes Co-Innovationsprogramm an, um Lösungen entlang mehrerer Nachhaltigkeitspfade zu liefern.
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Enables Customers to Optimize Carbon Capture Value Chain Investments
Co-development with Aramco Spurs Launch of Expanded Co-Innovation Program to Deliver Solutions Across Multiple Sustainability Pathways
BEDFORD, Mass.--(BUSINESS WIRE)--
Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today introduced AspenTech Strategic Planning for Sustainability Pathways™ – a new and unique integrated modelling and optimization solution that aims to guide companies in carbon capture utilization and storage decision making and sustainability strategy investments. The AspenTech Strategic Planning solution was developed through a licensing agreement with Aramco, one of the world’s leading integrated energy and chemicals companies. Based on this successful effort, AspenTech also announced that it is launching an expanded co-innovation program to bring together leading owner operators and EPC companies to collaboratively innovate a wider strategic planning solution portfolio to attempt to optimize across multiple sustainability pathways.
As companies make significant investments in technologies to mitigate greenhouse gas emissions, AspenTech’s Strategic Planning solution aims for these large capital investments to drive value and impact sustainability goals. They are also expected to support long-term operational performance objectives.
Rasha Hasaneen, Chief Product and Sustainability Officer at Aspen Technology said, “Asset intensive industries play a critical role in the path to global net-zero, and carbon capture is an important pathway for our customers and requires significant capital investment. This is the focus of our new strategic planning solution – helping to optimize CAPEX and OPEX investments across the entire carbon capture value chain.”
Dr. Vikas Dhole, General Manager, Sustainability Solutions at Aspen Technology, said “Carbon capture is but one sustainability pathway. Through the expanded co-innovation program, we will continue to broaden our solutions into other pathways to help the asset intensive industries to simultaneously address sustainability and operational performance objectives, given the significant investment that is projected in this area.”
To learn more about AspenTech’s solutions and its co-innovation program, please visit AspenTech Sustainability.
About Aspen Technology
Aspen Technology (NASDAQ:AZPN) 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.
What is the new solution introduced by Aspen Technology with Aramco collaboration?
Aspen Technology introduced AspenTech Strategic Planning for Sustainability Pathways™, focusing on carbon capture utilization and storage decision making.
What is the aim of the AspenTech Strategic Planning solution?
The aim is to guide companies in making sustainability strategy investments and optimizing carbon capture value chain decisions.
Who is the Chief Product and Sustainability Officer at Aspen Technology?
Rasha Hasaneen is the Chief Product and Sustainability Officer at Aspen Technology.
Who is the General Manager, Sustainability Solutions at Aspen Technology?
Dr. Vikas Dhole is the General Manager, Sustainability Solutions at Aspen Technology.
What is the focus of the new strategic planning solution introduced by Aspen Technology?
The focus is to help optimize CAPEX and OPEX investments across the entire carbon capture value chain for asset-intensive industries.
What is the purpose of the expanded co-innovation program announced by Aspen Technology?
The program aims to deliver solutions across multiple sustainability pathways for asset-intensive industries.
Why is carbon capture highlighted as an important pathway in the PR?
Carbon capture is important for customers and requires significant capital investment, making it a focus area for Aspen Technology's new solution.
What is the significance of the expanded co-innovation program for Aspen Technology?
The program will broaden solutions into other pathways to help asset-intensive industries address sustainability and operational performance objectives.
Who did Aspen Technology collaborate with to develop the new solution?
Aspen Technology collaborated with Aramco, a leading integrated energy and chemicals company, to develop the AspenTech Strategic Planning for Sustainability Pathways™ solution.
