AspenTech Today

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Today, most process manufacturers have already captured the benefits from distributed control systems (DCS) and enterprise resource planning (ERP) initiatives – but the pressure to deliver improved operational and financial performance continues. Process manufacturers face a more complicated set of challenges today than ever before:

  • More complex global operations
  • An increasing list of global competitors
  • High raw material and energy costs
  • Tighter environmental regulations
  • An expanding number of disparate IT applications and legacy systems.

The need to continue to grow profits in such a complex environment is fueling an industry-wide focus on enterprise operations ─ the people, business processes, technology and physical assets involved in procuring raw materials, manufacturing products, and distributing these products to end users. 

In fact, most leading process manufacturers have already launched strategic initiatives centered on improving enterprise operations. While these programs go by many different names, they are generally referred to as initiatives for achieving “operational excellence.”

At the heart of operational excellence is the ability for operations personnel in a process company to make decisions that are:

  • Real-time
  • Driven by customer demand
  • Responsive to opportunities or disruptions as they occur
  • Coordinated and synchronized across functional departments, regions and businesses

Making these decisions, however, is a serious challenge because of the complex, inter-dependent, and real-time nature of the business processes that comprise enterprise operations in the process industries. For process manufacturers, these requirements mean that a new wave of IT investments in operations must be made, much as investments in DCS and ERP systems became essential in earlier decades.

Once again, they are looking to AspenTech to help them. We have responded with aspenONE™ (link), the first-ever unified release of AspenTech’s broad portfolio of applications and services.

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