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Aspen Technology To Introduce Emissions Management Solutions | |
| Sumita Pawar |
A report says Aspen Technology has announced a new emissions management solution.
The new initiative gives asset-intensive organizations the ability to pinpoint and act on key operational areas with the biggest impact on their emissions reduction efforts.
As highlighted in the report, the new solution features AspenTech Operational InsightsTM, 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.
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According to the report, AspenTech’s new emissions management solution consolidates customer data and leverages operational technology (OT) applications in the plant, the enterprise, and the entire value chain into a single, dynamic visual interface.
As a result, customers can make decisions with the benefit of a "single pane of glass" view for carbon emissions, margin, and abatement.
Also, because the solution works in real time, there is no need to wait to look at time-sensitive data.
"AspenTech’s emissions management solution addresses the need customers are focused on—the ability to better understand their carbon emissions exposure and to make that actionable for carbon abatement," said Peter Reynolds, Senior Industry Analyst at ARC Advisory Group.
"This decision support capability, along with AspenTech’s digital twin and planning solutions, hits the mark for customers using digital solutions to progress sustainability goals."
Rasha Hasaneen, Chief Products and Sustainability Officer at AspenTech, stated, "Customers need more than greenhouse gas emissions reporting. They need a solution that can steer their actions to meet and exceed carbon mitigation targets."
"AspenTech’s existing solutions are uniquely capable of providing the breadth and depth of information required by executives and operators, and AspenTech Operational Insights gives them an additive solution to strategically help them achieve their net zero targets," Rasha Hasaneen added.
As mentioned in the report, AspenTech Operational Insights, originally developed for electrical utilities by the company’s OSI business and adapted for use in the energy and chemical industries, provides customers with: