AspenTech acquires inmation Software

Aspen Technology Inc., a provider of industrial software, acquired inmation Software GmbH, which provides industrial real-time information management. With this acquisition, AspenTech has positioned itself to help capital-intensive organizations integrate, manage and contextualize their industrial data in order to make critical business decisions that bring customers closer to meeting their profitability and sustainability goals.

Scalable software from inmation adapts to the needs of its customers by connecting an organization’s industrial data from various data sources, from plant-level historians to enterprise systems, to create a real-time industrial data infrastructure. Combined with AspenTech’s existing portfolio, including plant-level solutions and AspenTech’s connectivity and artificial intelligence (AI) capabilities, the integration of inmation’s technology creates an enterprise-wide data infrastructure. Equipped with secure access and connectivity, customers can  bring order to their data and gain business insight from their industrial data safely and cost-effectively.

inmation will become the cornerstone of AspenTech’s industrial data and connectivity business unit, AIoT.

“Capital-intensive industries are critically in need of a scalable solution to harness their huge amounts of industrial data to become efficient and sustainable in every area of their operations,” said Nicole Rennalls, VP and general manager of AspenTech’s industrial data business unit, AIoT. “With connected, actionable industrial data, inmation and AspenTech customers can pursue digitalization journeys that help them address the dual challenge of meeting the resource demands of a growing population with an increasing standard of living, in a sustainable way.”

Timo Klingenmeier, founder of inmation, added: “IT/OT collaboration is top of mind for our customers’ digital transformation strategies. By joining AspenTech, we can deliver the technology, scale and resources to help capital-intensive industries bring both functions together to elevate OT data to the enterprise-level and unlock meaningful insights across the organization. Having a solid foundation that collects, organizes, contextualizes and securely transports massive amounts of data will be a significant competitive differentiator for customers.”

Founded in 2013, inmation is headquartered in Cologne, Germany. Its global customer base is comprised of leading companies operating in different industry sectors including pharmaceuticals, chemical, manufacturing, oil & gas, and others.