Introducing aspenONE Asset Performance Management (APM)

Imagine if you could predict when a breakdown will occur with months — not just days — of advance notice. Read the Executive Brief from AspenTech President and CEO Antonio Pietri and learn how Asset Performance Management (APM) is evolving asset maintenance from a cost center into a value creator.

Article from Hydrocarbon Processing: Industrial Data is a Gold Mine

According to ARC Advisory Group, more than 80% of plant failures cannot be detected by standard preventive practices. As a result, the global process industry loses $20B/year from unplanned downtime. With an advanced asset performance management (APM) solution, In this article from Hydrocarbon Processing, read how organizations can prevent and mitigate failures using industrial data they already have.

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Hydrocarbon Processing: Industrial Data is a Gold Mine

In this article from Hydrocarbon Processing, learn how advanced APM solutions can enable you to determine the operating conditions and patterns that predict failures using machine learning.

Hydrocarbon Processing: Industrial Data is a Gold Mine

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    On-Demand Webinar | Improve Reliability of Process Assets with Prescriptive Analytics

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  • Article | Power of Prescriptive Analytics

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On-Demand Webinar: Improve Reliability of Process Assets with Prescriptive Analytics

Using the latest prescriptive analytics and predictive modeling solutions, organizations extend the life of aging equipment, increase uptime and achieve optimal process performance that surges profitability. Watch this on-demand webinar to hear ARC Advisory Group Analyst Peter Reynolds describe how to get results from prescriptive analytics today!

On-Demand Webinar

Improve Reliability of Process Assets with Prescriptive Analytics

Using the latest prescriptive analytics and predictive modeling solutions, organizations extend the life of aging equipment, increase uptime and achieve optimal process performance that surges profitability. Watch this on-demand webinar to hear ARC Advisory Group Analyst Peter Reynolds describe how to get results from prescriptive analytics today!

On-Demand Webinar: Improve Reliability of Process Assets with Prescriptive Analytics

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  • Article | Power of Prescriptive Analytics

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  • White Paper | Predict, Prescribe, Profit: Creating a World that Doesn't Break Down

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Strategies to Manage Asset Performance Management

Download this article by Reliable Plant and learn how organizations use aspenONE APM to reduce unplanned downtime and increase asset utilization. Explore the evolution of maintenance and how to profit from predictive solutions using big data and machine learning capabilities.

On-Demand Webinar: Upstream’s Digital Future - Using Data Analytics to Drive Down Costs

Based on our recent survey, 40% of upstream companies are currently using data analytics to improve operational effectiveness. Find out how predictive modeling and machine learning are revolutionizing oil and gas asset economics and reducing production costs during this webinar presented by AspenTech and Petroleum Economist.

On-Demand Webinar

Upstream’s Digital Future: Using Data Analytics to Drive Down Costs

Based on our recent survey, 40% of upstream companies are currently using data analytics to improve operational effectiveness. Hear Ian Lewis and Justin Jacobs from Petroleum Economist present insights from this survey of upstream industry executives during this on-demand webinar. The webinar also includes case study examples of upstream companies reducing production costs using data analytics. Find out how predictive modeling and machine learning are revolutionizing oil and gas asset economics and reducing production costs. Don’t get left behind—watch now!

On-Demand Webinar: Upstream's Digital Future

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  • White Paper | Predict, Prescribe, Profit: Creating a World that Doesn't Break Down

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    On-Demand Webinar | Improve Reliability of Process Assets with Prescriptive Analytics

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Gartner APM Report

Improve Reliability With a Predictive APM Strategy

How does your asset performance management (APM) strategy stack up? Download this complimentary report “Market Guide for Asset Performance Management” for a comprehensive overview of APM’s functional capabilities, market trends and recommendations for selecting and implementing an APM solution at your organization.

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Gartner Market Guide for Asset Performance Management

This report features a comprehensive overview of APM’s functional capabilities, market trends and recommendations for selecting and implementing an APM solution at your organization.

Gartner Market Guide

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Power of Prescriptive Maintenance

“Automation also can help identify issues before something critical fails. Finding problems as early as possible helps improve asset management,” says CSX Executive Vice President and Chief Operating Officer, Cindy Sanborn. Read this article to learn more about CSX’s exciting project with Mtell, which uses patented machine learning technologies with industrial assets to perform predictive maintenance which no longer runs parts to failure.

  • Early predictions of upsets with guidance on root cause and management.

  • Recognize and prioritize reliability issues. Know the cost impact of outages.

  • Identify issues earlier to prevent costly unplanned equipment downtime.

APM

Blog Series:

Creating a World That Doesn’t Break Down

Learn from our APM experts how to navigate through the next generation of Industrial Internet of Things (IIoT) technologies that make your organization prescriptive and profitable.

“AspenTech’s new Asset Analytics contains a unique set of modeling and data science-based technologies. Utilizing the additional process insight available from this promising new software solution brings with it the potential to operate closer to the true flooding limit on this tower. For a world scale olefins unit, this would be worth millions of dollars per year.” — LyondellBasell