Articles from Aspen Technology, Inc.

Aspen Technology, Inc. (“AspenTech”) (NASDAQAZPN), a global leader in industrial software, today announced that it will release financial results for its second quarter fiscal year 2025, ended December 31, 2024, after the U.S. financial markets close on Tuesday, February 4, 2025.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that Interconexión Eléctrica S.A. E.S.P. (ISA), the largest multi-country energy transmission company in Latin America, is using its Digital Grid Management (DGM) solutions to deliver 99.99% reliability across approximately 16,395 miles of circuit throughout the region. ISA and AspenTech are partnering to ensure power is accessible, secure and reliably available to populations in Colombia, Peru and Bolivia.

Aspen Technology, Inc. (NASDAQAZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced that its Board of Directors has formed a special committee (the “Special Committee”) composed of three independent directors to consider the non-binding proposal from Emerson Electric Co. NYSE:EMRNYSEEMR)

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced a strategic partnership with Landsvirkjun, the largest power producer in Iceland. The utility will be implementing AspenTech OSI Digital Grid Management software that will enable it to enhance real-time control and optimize power generation, ensuring the secure and efficient management of its 18 plants across Iceland.

Aspen Technology, Inc. (NASDAQAZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced that its Board of Directors received an unsolicited, non-binding proposal letter, dated November 5, 2024, from Emerson Electric Co. NYSE:EMRNYSEEMR)

Aspen Technology, Inc. (“AspenTech” or the “Company”) (NASDAQAZPN), a global leader in industrial software, today announced financial results for its first quarter in fiscal 2025, ended September 30, 2024.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that it has entered into a definitive agreement to acquire Open Grid Systems Limited, a global provider of network model management technology and a pioneer in developing model-driven applications supporting open access to data through industry standards. With this acquisition, AspenTech’s Digital Grid Management (DGM) suite will offer utilities a comprehensive, fully integrated network model management solution to address the acceleration of new grid assets, such as renewable generation, with increased flexibility to manage and scale network model data both inside and outside the control room. The transaction is subject to receipt of customary regulatory approvals and is expected to close before the end of 2024.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced that it will release financial results for its first quarter fiscal year 2025, ended September 30, 2024, after the U.S. financial markets close on Monday, November 4, 2024.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today introduced the AspenTech Microgrid Management System™ (MMS), a solution for customers with heavy electrical power requirements in refining, chemicals, mining and other asset-intensive industries that manage their own on-site conventional and renewable power generation in orchestration with active load management and energy storage. Based on the company’s proven AspenTech OSI monarch™ SCADA platform, the solution empowers customers to maximize operational performance and accelerate net-zero goals.

Aspen Technology, Inc. (“AspenTech” or the “Company”) (NASDAQAZPN), a global leader in industrial software, held its 2024 Investor Day today, during which management provided updates on the Company’s strategic priorities, business growth drivers, product innovation, and financial outlook.

Aspen Technology, Inc. (“AspenTech” or the “Company”) (NASDAQAZPN), a global leader in industrial software, today announced that Antonio Pietri, President and Chief Executive Officer, will present at the Piper Sandler Growth Frontiers Conference in Nashville, TN.

Aspen Technology, Inc. (“AspenTech” or the “Company”) (NASDAQAZPN), a global leader in industrial software, has announced that it will host its 2024 Investor Day on Tuesday, September 17, 2024. The event will start at 1:00 pm ET and is expected to conclude at 5:00 pm ET.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced an expansion of its strategic partnership with Omaha Public Power District (OPPD) to support the utility’s goal of net zero carbon production by 2050. AspenTech will provide its Digital Grid Management (DGM) software suite to monitor, intelligently schedule and control distributed energy resources (DERs) on OPPD’s grid while maintaining reliability for a population of 885,000 people across 5,000 square miles in the state of Nebraska.

Aspen Technology, Inc. ("AspenTech" or the "Company") (NASDAQAZPN), a global leader in industrial software, today announced financial results for its fourth quarter and fiscal year ended June 30, 2024.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced that it will release financial results for its fourth quarter and fiscal year 2024, ended June 30, 2024, after the U.S. financial markets close on Tuesday, August 6, 2024.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced a three-year partnership agreement with Oregon State University (OSU) that expands traditional academic collaborations focused on incorporating process simulation solutions into curricula by adding sustainability software, training and competency development. The partnership aims to help students build industry-ready skills and knowledge to make an accelerated impact on critical sustainability initiatives upon entering the workforce.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today introduced new and expanded capabilities now available in aspenONE®, the company’s portfolio of asset optimization solutions, spanning design, operations and maintenance. The latest version of aspenONE, V14.3 May 2024, helps customers achieve new levels of operational excellence with expanded Industrial AI throughout the portfolio, additional integration of industrial data management across solutions and advancements in planning and scheduling capabilities.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that Antonio Pietri, President and Chief Executive Officer, will present at the following investor conferences:

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced that Robert Whelan, Jr. has been appointed to Chair of AspenTech’s Board of Directors (the “Board”). This follows the decision by Jill Smith to resign from the Board for personal reasons.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced that David Baker has been appointed as Senior Vice President, Chief Financial Officer at AspenTech, effective June 3, 2024.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced financial results for its third quarter in fiscal 2024, ended March 31, 2024.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that David Henshall has been appointed to its Board of Directors.

Aspen Technology, Inc. (NASDAQAZPN), 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.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that Mark Browning, a longtime power and utilities industry executive, has joined the company as a strategic advisor. Browning has spent the last two decades in executive positions at Exelon, the largest US utility company, serving more than 10 million customers. Most recently, Browning was Chief Information Officer with overall responsibility for IT across Exelon’s family of transmission and distribution utility companies.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced that it will release financial results for its third quarter fiscal year 2024, ended March 31, 2024, after the U.S. financial markets close on Tuesday, May 7, 2024.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that Antonio Pietri, President and Chief Executive Officer, will present at the KeyBanc Emerging Technology Summit in San Francisco, CA.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced the implementation of its digital grid management solutions by Adani Electricity, a leading power company in India. AspenTech’s next generation SCADA system and its Advanced Distribution Management System (ADMS) have been incorporated into Adani Electricity’s new network operation center located in Hiranandani Powai to monitor and control in real-time an intelligent power grid that provides reliable, safe and secure service to its more than three million customers throughout Mumbai. With this implementation, Adani Electricity positions itself as a leader among the most advanced utilities in the region.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced a strategic technology milestone with TenneT, a leading transmission system operator in Europe providing electricity to 43 million homes and businesses. TenneT recently completed implementation of its new Power Management System (PMS) which was developed using AspenTech OSI digital grid management solutions. The new PMS is an important step in TenneT’s energy transition strategy to integrate more energy from renewable sources into its grid and is critical to its evolution to an intelligent power grid that can be monitored and controlled in real-time to provide reliable, sustainable, safe and secure service.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced financial results for its second quarter in fiscal 2024, ended December 31, 2023.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced its commitment to achieving company-wide emission reductions in line with climate science and the Science Based Target initiative (SBTi), the leading organization driving science-based target adoption. The company intends to achieve net-zero greenhouse gas (GHG) emissions for Scope 1 and Scope 2 by 2030 with a significant reduction in Scope 3 by 2030 and full net-zero by 2045.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced its OPTIMIZE™ 24 conference. The event will bring together more than 1,500 customers and partners from around the world, including users, operational leaders and executives within asset-intensive industries, to help advance their business performance and achieve sustainability targets through new innovations in digital technologies. Entitled “Partnering for the Future,” OPTIMIZE will be held April 29 - May 3 in Houston, TX.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced that it will release financial results for its second quarter fiscal year 2024, ended December 31, 2023, after the U.S. financial markets close on Tuesday, February 6, 2024.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today introduced new performance and sustainability capabilities available in aspenONE®, the company’s portfolio of asset optimization solutions, spanning design, operations and maintenance. Designed to accelerate customer digitalization strategies and help customers achieve advanced levels of operational excellence, the new capabilities progress net zero initiatives, empower engineers with enhanced AI, improve asset health and performance, enable customers to achieve an integrated enterprise data management system and more.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced a newly expanded relationship with OMV Group to help accelerate the international integrated oil and gas company’s energy transition initiatives and its path to achieving net zero targets.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced financial results for its first quarter in fiscal 2024, ended September 30, 2023.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced that Chantelle Breithaupt has informed the Company that she will step down as Chief Financial Officer for another opportunity. Ms. Breithaupt will continue in her role through December 31, 2023. Christopher Stagno, who currently serves as SVP, Chief Accounting Officer, will assume the role of Interim CFO, effective January 1, 2024, should a permanent CFO not have been named.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced that it will release financial results for its first quarter fiscal year 2024, ended September 30, 2023, after the U.S. financial markets close on Monday, November 6, 2023.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today introduced an industry domain training program for companies in asset-intensive industries who are onboarding recently-graduated engineers. The comprehensive program is designed to enable new process engineers, control engineers, reliability engineers, supply chain planners, cost estimators and others to build industry-specific competencies within each of these roles.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that Chantelle Breithaupt, Chief Financial Officer, will present at the KeyBanc Technology Leadership Forum in Vail, CO.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced financial results for its fourth quarter and fiscal year 2023, ended June 30, 2023.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced that it will release financial results for its fourth quarter and fiscal year 2023, ended June 30, 2023, after the U.S. financial markets close on Tuesday, August 1, 2023.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that its process simulation and optimization expertise is being integrated with Bharat Petroleum Corporation Limited’s (BPCL) real-time crude assaying platform to achieve greater agility and more accurate decision-making in feedstock selection, monitoring and optimization of crude distillation units performance. The collaboration is part of BPCL’s commitment to achieve net zero emissions by 2040.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that management will present at the following upcoming investor conferences:

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, announced today that its Board of Directors has authorized a new share repurchase program for up to $100 million of its outstanding shares of common stock in fiscal years 2023 and 2024, subject to the terms of the program.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced financial results for its third quarter of fiscal 2023, ended March 31, 2023.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that it will release financial results for its third-quarter fiscal 2023, ended March 31, 2023, after the U.S. financial markets close on Wednesday, April 26, 2023.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that Chantelle Breithaupt, Chief Financial Officer, will present at the Bank of America Global Industrials Conference in London.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that AES El Salvador has selected its digital grid management (DGM) solution to improve the secure and efficient delivery of electricity from local power plants to more than 1.5 million residential and commercial customers. AspenTech’s solution will support AES El Salvador´s strategic initiative to transition from being a traditional one-way electricity distribution network operator to a distributed system operator (DSO) facilitating interconnections with alternative energy sources and new power loads.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced a new emissions management solution that gives asset-intensive organizations the ability to pinpoint and act on key operational areas with the biggest impact on their emissions reduction efforts. The new solution features AspenTech Operational Insights™, a proven decision support capability that unites, correlates, analyzes and visualizes data from across an organization for fast, confident decision-making on those critical areas affecting emissions.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that Chantelle Breithaupt, Chief Financial Officer, will present at the KeyBanc Emerging Technology Summit in San Francisco, CA.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that it was selected by DuPont NYSE:DDNYSEDD)

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced it has combined its AIoT Hub with inmation Software to create an expanded business unit. Now known as AspenTech DataWorks, the rebranded business unit provides customers with a singular solution to access and manage their industrial data, whether at the plant level or enterprise wide, in support of their digital transformation strategies.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced financial results for its second-quarter fiscal 2023, ended December 31, 2022.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that it will release financial results for its second-quarter fiscal 2023, ended December 31, 2022, after the U.S. financial markets close on Wednesday, January 25, 2023.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced a partnership with Aramco (Tadawul:2222), one of the world’s leading integrated energy and chemicals companies, that positions AspenTech to introduce a unique, integrated modelling and optimization solution that will enable capital intensive industries to achieve practical and economic solutions for Carbon Capture and Utilization (CCU).

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that Antonio Pietri, President and Chief Executive Officer and Chantelle Breithaupt, Chief Financial Officer, will present at the Nasdaq Investor Conference in London, U.K.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced the availability of its latest aspenONE® software release, V14. The new release delivers advanced intelligence and guidance capabilities that improve decision-making abilities and further boost operational excellence. In addition, V14 enables customers to accelerate sustainability projects with more than 100 sample models and to manage Scope 1 and 2 emissions for reducing carbon footprints.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced the details of its industry-first Sustainability Training Program for customers and partners. The robust training made for all experience levels consists of 18 classes designed to expand users’ expertise on how to accelerate progress on critical sustainability pathways with digital technology. More than 1,000 individuals have already broadened their skillsets and helped to improve their organizations’ sustainability position by successfully completing the training.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced financial results for its first-quarter fiscal 2023, ended September 30, 2022.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that it has acquired inmation Software GmbH, a market leader in industrial real-time information management. With this acquisition, AspenTech is uniquely positioned to help capital-intensive organizations integrate, manage, and contextualize their industrial data in order to make critical business decisions that bring customers closer to meeting their profitability and sustainability goals.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that it will release financial results for its first-quarter fiscal 2023, ended September 30, 2022, after the U.S. financial markets close on Wednesday, October 26, 2022.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced it has been recognized as a Leader in the 2022 Verdantix Green Quadrant®: Asset Performance Management Solutions report. AspenTech’s asset performance management (APM) suite is acknowledged for its strengths in asset health monitoring and failure prediction, performance optimization, and asset lifecycle management.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that Antonio Pietri, President and Chief Executive Officer and Chantelle Breithaupt, Chief Financial Officer, will present at Piper Sandler Growth Frontiers Conference in Nashville, TN.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that ACME Group, a renewable energy company in India, has selected AspenTech’s Performance Engineering solution to optimize assets and achieve operational excellence at its first green hydrogen and green ammonia pilot plant worldwide. Based in Bikaner Rajasthan, this solar plant can produce green hydrogen with 5MWp (Megawatt peak), with the ability to scale up to 10MWp, which can reduce CO2 by up to 4,400 tons/annum. ACME Group is also developing a global scale green hydrogen and green ammonia plant in Duqm, Oman, as well as having announced plans to invest in a similar plant in Karnataka, India.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that Birla Carbon, a leading sustainable manufacturer and supplier of carbon black additives, is scaling its deployment of AspenTech’s software across nine sites globally. Birla Carbon operations extend across 12 countries, on five continents, with 16 manufacturing facilities, for a combined annual production capability of over two million tons. By capitalizing on industrial data with AspenTech’s AIoT solutions, the company can accelerate enterprise visibility via an integrated approach to manage Industrial AI applications and further reduce complexity, lower total cost of ownership, and empower employees by providing access to the right technology tool for optimal productivity.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that the largest petrochemicals company in the Philippines, JG Summit Olefins Corporation (JGSOC), is advancing its journey toward operational excellence by unlocking untapped value in production optimization. This planned deployment with Aspen Unified PIMS™ supports the company’s innovation-driven vision and is projected to boost operating margin by optimizing feedstock selection at the crackers. The JGSOC expansion project is a step toward further diversification of the local petrochemical and chemical industries and is envisioned to strengthen the industrial value chain linkages for the manufacturing sector.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in industrial software, today announced financial results for its fourth quarter and fiscal year 2022, ended June 30, 2022.

Aspen Technology, Inc. (NASDAQAZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced that it has entered into a definitive agreement to acquire Micromine - a global leader in design and operational management solutions for the mining industry, from private equity firm Potentia Capital and other sellers for AU$900 million in cash (approximately $623 million USD).

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, today announced that Robert “Bob” Beauchamp has been appointed to its Board of Directors. Mr. Beauchamp’s appointment fills the remaining open seat following AspenTech’s completion of its transaction with Emerson NYSE:EMRNYSEEMR)

Aspen Technology, Inc. (NASDAQAZPN), a global leader in asset optimization software, today announced that it will release financial results for its fourth-quarter and fiscal year 2022, ended June 30, 2022, after the U.S. financial markets close on Monday, August 8, 2022.

Aspen Technology, Inc. (NASDAQAZPN), a global leader in asset optimization software, today announced that management will present at the following upcoming investor conferences:

Aspen Technology, Inc. (NASDAQAZPN), a global leader in asset optimization software, today announced that Antonio Pietri, President and Chief Executive Officer and Chantelle Breithaupt, Chief Financial Officer, will present at the J.P. Morgan Global Technology, Media and Communications Conference in Boston, MA. The presentation is scheduled for Monday, May 23, 2022 at 1:50 p.m. ET.

Aspen Technology, Inc. (NASDAQAZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced the completion of its transaction with Emerson Electric Co. NYSE:EMRNYSEEMR)

Aspen Technology, Inc. (NASDAQAZPN), a global leader in asset optimization software, today announced that it has expanded its 12 year partnership with St1 Refinery AB, part of St1 Nordic Oy Group. The refinery, situated in Gothenburg, Sweden, is deploying AspenTech solutions to provide a vertically integrated set of production optimization solutions - from operational planning to real time control of critical equipment. This will allow an increase in operating margins while improving energy efficiency and thereby reducing CO2 emissions.

Aspen Technology, Inc. (AspenTech) (NASDAQAZPN), a global leader in asset optimization software, today announced financial results for its third-quarter of fiscal year 2022, ended March 31, 2022.