Aspen Technology

Aspen Technology Appoints David Henshall to its Board of Directors

Retrieved on: 
Monday, April 29, 2024

Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, today announced that David Henshall has been appointed to its Board of Directors.

Key Points: 
  • Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, today announced that David Henshall has been appointed to its Board of Directors.
  • Mr. Henshall most recently served as Chief Executive Officer at Citrix Systems, Inc., a leading multinational provider of cloud computing and virtualization technology, where he held executive roles for nearly twenty years.
  • Mr. Henshall played a key role in accelerating Citrix’s cloud transition, modernizing the product portfolio to enable more than 11 million subscribers of the company’s SaaS services.
  • “I am delighted to welcome David to AspenTech’s Board of Directors,” said Antonio Pietri, President and CEO of AspenTech.

Aspen Technology Introduces New Strategic Planning for Sustainability Pathways Solution

Retrieved on: 
Friday, April 26, 2024

Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today introduced AspenTech Strategic Planning for Sustainability Pathways™ – a new and unique integrated modelling and optimization solution that aims to guide companies in carbon capture utilization and storage decision making and sustainability strategy investments.

Key Points: 
  • Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today introduced AspenTech Strategic Planning for Sustainability Pathways™ – a new and unique integrated modelling and optimization solution that aims to guide companies in carbon capture utilization and storage decision making and sustainability strategy investments.
  • The AspenTech Strategic Planning solution was developed through a licensing agreement with Aramco, one of the world’s leading integrated energy and chemicals companies.
  • As companies make significant investments in technologies to mitigate greenhouse gas emissions, AspenTech’s Strategic Planning solution aims for these large capital investments to drive value and impact sustainability goals.
  • This is the focus of our new strategic planning solution – helping to optimize CAPEX and OPEX investments across the entire carbon capture value chain.”
    Dr. Vikas Dhole, General Manager, Sustainability Solutions at Aspen Technology, said “Carbon capture is but one sustainability pathway.

Industry Leader Joins Aspen Technology as Strategic Advisor for Power and Utilities

Retrieved on: 
Wednesday, April 17, 2024

Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, today announced that Mark Browning, a longtime power and utilities industry executive, has joined the company as a strategic advisor.

Key Points: 
  • Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, today announced that Mark Browning, a longtime power and utilities industry executive, has joined the company as a strategic advisor.
  • Decarbonization, electrification and increasing climate and cyber threats are introducing new levels of grid complexity and unpredictability, bringing the power and utilities industry to a critical juncture.
  • “With a distinguished career in power and utilities, Mark brings deep strategy and operations experience to enhance the value-based outcomes that AspenTech delivers to customers in this industry.
  • With approximately 500 power & utilities customers anticipated to attend the event, OPTIMIZE 24 will include dedicated industry sessions and a Digital Grid Management track for this specific audience.

Total Resource Management, Inc. Joins Aspen Technology's Partner Program to Support Customers' Asset Performance Management and Predictive Maintenance (PdM) Initiatives

Retrieved on: 
Thursday, April 11, 2024

ALEXANDRIA, Va., April 11, 2024 /PRNewswire-PRWeb/ -- Total Resource Management, Inc. (TRM), a leading provider of reliability and maintenance solutions, today announced a partnership with Aspen Technology, Inc., a global leader in industrial software. TRM will advise customers on how to leverage the long-term operational value of predictive maintenance (PdM) and prescriptive maintenance by implementing Aspen Mtell®, part of AspenTech's asset performance management (APM) suite.

Key Points: 
  • ALEXANDRIA, Va., April 11, 2024 /PRNewswire-PRWeb/ -- Total Resource Management, Inc. (TRM), a leading provider of reliability and maintenance solutions, today announced a partnership with Aspen Technology, Inc., a global leader in industrial software.
  • TRM will advise customers on how to leverage the long-term operational value of predictive maintenance (PdM) and prescriptive maintenance by implementing Aspen Mtell®, part of AspenTech's asset performance management (APM) suite.
  • Aspen Mtell empowers organizations to enhance asset performance through industrial artificial intelligence and machine learning along with other monitoring technologies.
  • Aspen Mtell seamlessly fits into TRM's suite of asset performance management offerings, providing a gateway for organizations to achieve transformative operational changes that support business goals through the alignment of people, processes, and cutting-edge technologies.

Talkdesk Promotes Miles Ennis to Lead Worldwide Sales, Accelerating the Company’s Global Growth as an Artificial Intelligence Innovator

Retrieved on: 
Thursday, April 4, 2024

Ennis joined Talkdesk as senior vice president of sales for the Americas in January 2023.

Key Points: 
  • Ennis joined Talkdesk as senior vice president of sales for the Americas in January 2023.
  • Ennis has over 20 years of experience as a proven sales leader with some of the world’s largest and most profitable technology companies.
  • Ennis’ appointment follows recent news of Talkdesk introducing several groundbreaking and industry-first generative artificial intelligence (GenAI) innovations in CX, including Talkdesk Ascend Connect , Talkdesk Autopilot for Banking , Talkdesk Autopilot for Retail , and Talkdesk Autopilot for Healthcare .
  • William Welch, president and chief operating officer of Talkdesk, said, “Miles demonstrated exceptional leadership in helping Talkdesk continue to grow its footprint in the Americas.

Aspen Technology to Present at the KeyBanc Emerging Technology Summit

Retrieved on: 
Wednesday, February 28, 2024

Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that Antonio Pietri, President and Chief Executive Officer, will present at the KeyBanc Emerging Technology Summit in San Francisco, CA.

Key Points: 
  • Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that Antonio Pietri, President and Chief Executive Officer, will present at the KeyBanc Emerging Technology Summit in San Francisco, CA.
  • The presentation is scheduled for Wednesday, March 6, 2024, at 2:00 p.m.
  • ET (11:00 a.m. PT).
  • The presentation will be webcast live and available for a limited time on the Webcasts and Events section of the company’s Investor Relations website at https://ir.aspentech.com/events-presentations/webcasts-and-events .

Aspen Technology Helps Adani Electricity Ensure Reliable Power Supply to Three Million Customers in Mumbai

Retrieved on: 
Tuesday, February 27, 2024

Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced the implementation of its digital grid management solutions by Adani Electricity, a leading power company in India.

Key Points: 
  • Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced the implementation of its digital grid management solutions by Adani Electricity, a leading power company in India.
  • With this implementation, Adani Electricity positions itself as a leader among the most advanced utilities in the region.
  • Said Kandarp Patel, Managing Director of Adani Electricity, “The launch of our Powai Network Operation Center with India’s first ADMS is a watershed moment for Adani Electricity and for Mumbai’s power landscape.
  • Adani Electricity’s service area covers 85 percent of Mumbai’s geography, serving almost 70 percent of its population.

Aspen Technology Helps Advance TenneT’s Energy Transition

Retrieved on: 
Wednesday, February 21, 2024

Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced a strategic technology milestone with TenneT, a leading transmission system operator in Europe providing electricity to 43 million homes and businesses.

Key Points: 
  • Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced a strategic technology milestone with TenneT, a leading transmission system operator in Europe providing electricity to 43 million homes and businesses.
  • TenneT recently completed implementation of its new Power Management System (PMS) which was developed using AspenTech OSI digital grid management solutions.
  • The new PMS is an important step in TenneT’s energy transition strategy to integrate more energy from renewable sources into its grid and is critical to its evolution to an intelligent power grid that can be monitored and controlled in real-time to provide reliable, sustainable, safe and secure service.
  • “The transition to a decarbonised energy economy is one of the great challenges of the modern age,” commented Mario Suykerbuyk, Chief Information Officer at TenneT.

Körber appoints Lawrence Schwartz as Chief Marketing Officer and Executive Vice President Software for Business Area Supply Chain

Retrieved on: 
Tuesday, February 13, 2024

Körber today announced the appointment of Lawrence Schwartz as Chief Marketing Officer (CMO) and Executive Vice President Software of Körber Supply Chain, a global leader in supply chain solutions.

Key Points: 
  • Körber today announced the appointment of Lawrence Schwartz as Chief Marketing Officer (CMO) and Executive Vice President Software of Körber Supply Chain, a global leader in supply chain solutions.
  • "We are thrilled to welcome Lawrence to Körber," said Sean Elliott, CTO and acting CEO Software of Körber Business Area Supply Chain.
  • "His vast experience and proven ability to inspire progress align seamlessly with our commitment to innovation across the supply chain.
  • His experience leading marketing organizations includes companies such as Aspen Technology (NASDAQ:AZPN), SoftwareONE, and Attunity (NASDAQ:ATTU, now part of Qlik).

Aspen Technology Announces Net-Zero Commitment

Retrieved on: 
Tuesday, January 30, 2024

Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced its commitment to achieving company-wide emission reductions in line with climate science and the Science Based Target initiative (SBTi), the leading organization driving science-based target adoption.

Key Points: 
  • Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced its commitment to achieving company-wide emission reductions in line with climate science and the Science Based Target initiative (SBTi), the leading organization driving science-based target adoption.
  • The company intends to achieve net-zero greenhouse gas (GHG) emissions for Scope 1 and Scope 2 by 2030 with a significant reduction in Scope 3 by 2030 and full net-zero by 2045.
  • “AspenTech has a decades long history of partnering with asset-intensive industries to provide the expertise and digital technology to guide them in their sustainability journeys,” said Antonio Pietri, President and CEO at AspenTech.
  • To learn more about AspenTech’s sustainability initiatives, see the company’s latest ESG Report .