Emerson and AspenTech team up

The alliance will initially focus on three key areas: engineering software, including high-fidelity simulation to help validate project design and train operators before start-up; manufacturing and supply chain software, including advanced process control software designed for highly complex operations; and asset performance management software to improve plant reliability.

Dave Farr, Chairman and CEO of Emerson, said: “Emerson and AspenTech are both highly focused on digital technologies and services that deliver measurable improvements and value to our customers’ bottom line […] Together, we are well positioned to help our customers navigate the best path in this era of digital transformation and achieve Top Quartile performance.”

Antonio Pietri, President and CEO of AspenTech, added: “Working with Emerson, we will help more organisations drive higher total shareholder returns with a relentless focus on operational excellence […] We look forward to helping make the best companies even better by optimising the design, operation and maintenance lifecycle with software and insight to run assets faster, safer, longer and greener.”