This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

AspenTech Launches AspenONE® Engineering Offering For Small-to-Medium Engineering Companies

Stocks in this article: AZPN

Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, announced the launch of a new desktop package that makes it easy for small-to-medium engineering companies to use aspenONE software. Launched earlier this year, over 150 companies have purchased the aspenONE Engineering Desktop and aspenONE Exchanger Design Desktop packages from AspenTech.

The new offerings from AspenTech enable small-to-medium engineering firms to use the same high-quality aspenONE Engineering products as their customers and larger competitors in an affordable way. As part of the program, engineering companies such as Arithmetek, Bioenergy Design, Genesis Consulting, Maturus Optimi and Wartsila also receive convenient online training from inside the product and support from AspenTech’s experienced support engineers.

For years, aspenONE Engineering products have been used by the largest process industry companies in the world. Now, smaller engineering firms are able to use aspenONE software to deliver projects faster and cheaper while collaborating more closely with their customers and vendors – all while improving engineering quality.

Supporting Quotes

Mladen Crnomarkovic, Co-Founder, Maturus Optimi“Now with this new engineering package from AspenTech, we have access to the same tools we didn’t dream we could afford as a new startup. This gives us a jump-start in the marketing of our services and providing client value.”

David Cox, Senior Engineer, Genesis Consulting“This is an offshore oil production first. We commissioned the Process Control System onshore, resulting in a project time saving of approximately two weeks and cost saving of at least $3 million.”

Vikas Dhole, Vice President, Engineering Product Management, AspenTech“Small and medium-sized enterprises are challenged to be more agile than competitors who have more resources. In response to this need, AspenTech has created a compelling new package of our aspenONE integrated engineering suite that allows them to compete more effectively.”

Supporting Resources

About AspenTech

AspenTech is a leading supplier of software that optimizes process manufacturing – for energy, chemicals, engineering and construction, and other industries that manufacture and produce products from a chemical process. With integrated aspenONE solutions, process manufacturers can implement best practices for optimizing their engineering, manufacturing and supply chain operations. As a result, AspenTech customers are better able to increase capacity, improve margins, reduce costs and become more energy efficient. To see how the world’s leading process manufacturers rely on AspenTech to achieve their operational excellence goals, visit www.aspentech.com

© 2012 Aspen Technology, Inc. AspenTech, aspenONE, the 7 Best Practices of Engineering Excellence. OPTIMIZE and the Aspen leaf logo are trademarks of Aspen Technology, Inc. All rights reserved. All other trademarks are property of their respective owners.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,614.81 +215.14 1.31%
S&P 500 1,941.28 +37.27 1.96%
NASDAQ 4,419.4780 +103.4040 2.40%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs