A History of Optimization…
What began in a lab at MIT as part of the Advanced System for Process Engineering (ASPEN) Project has grown to what is now AspenTech. Joining the likes of Microsoft, IBM, Oracle, and SAP, AspenTech is one of the few software companies to reach the 30-year milestone. And we remain the only company focused exclusively on process optimization that helps our customers achieve superior financial and operational results.
Today AspenTech optimizes engineering, manufacturing, and supply chain processes for more than 1,500 customers worldwide including:
- 19 of the 20 largest chemical companies
- all 20 of the largest petroleum companies
- 17 of the top 20 engineering & construction companies
- 15 of the 20 largest pharmaceutical companies
By standardizing on AspenTech solutions, these companies have been able to:
- Design and run more efficient plants
- Increase operational performance
- Operate more agile supply chains
- Reduce energy consumption and carbon footprint
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A look back and their future perspectives
on the process industry
 Bill Mock
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 Chau-Chyun Chen
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 AspenTech’s origin goes back to MIT and the development of a third-generation process simulation system—the ASPEN project.
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