AspenTech introduces aspenONE V7 for process engineering

Sept. 8, 2008

Burlington, Mass.--Aspen Technology today introduced aspenONE V7 for Process Engineering. The new release of aspenONE software enables process industry companies to achieve the seven best practices of engineering excellence.
The best practices enabled by aspenONE V7 reflect proven, state-of-the-art engineering work processes used by leading AspenTech customers. These process manufacturers and engineering and construction companies include global leaders such as Dow, BP, BASF, Fluor and Technip.
Guided by input from AspenTech’s leading customers around the world, aspenONE V7 delivers innovations and enhancements that make it easier for engineering teams to “do more with less” in the face of shrinking human resources and increasing market demand. Building upon previous innovations from AspenTech, aspenONE V7 includes several process engineering “industry firsts”:

-- An integrated conceptual engineering workflow via a single user interface. This tightly integrates simulation, equipment design and economic analysis and enables simultaneous rather than sequential engineering. 
-- A patented master data model (MDM) that enables process manufacturers to effectively manage assets across the entire life cycle from design through operations. 
-- An industry-standard, vendor-neutral interface (ISO 15926-compliant) that links basic to detailed engineering, enabling workflow across multiple types of engineering teams who need to work together on global projects. 
-- Out-of-the-box modelling functionality for coal gasification, bio-fuels and other alternative energy sources. 
-- A comprehensive physical property database incorporating over 23,000 components, developed in collaboration with the National Institute of Standards & Technology (NIST), supporting complex process modelling and optimization requirements. 
-- The integration of both equation-oriented and sequential modular approaches to simulation for the Energy industry. 
aspenONE V7 software also delivers additional IT and usability innovations that provide fast and easy access for users across the enterprise and simplify deployment and management of the software:

-- "Virtualization ready" software support for leading virtualization technologies from Microsoft, VMware and Citrix, dramatically reducing deployment time from months to weeks. 
-- The introduction of the Aspen Licensing Center. The Licensing Center graphically displays how aspenONE engineering products are used across the enterprise, making it easier to identify and replicate best practices and simplifying access of new products through on-demand evaluation. 

-- New operator training simulation (OTS) with a new model integration framework to help operators get up to speed faster and better manage plant performance. 
-- Pop-up Viewlets providing instant help and guidance throughout aspenONE V7. 
As a result of the many innovations in aspenONE V7, process industry companies can better respond to today’s most pressing market challenges --

-- Rapidly responding to increased capacity needs through more efficient engineering and re-use of engineering knowledge in operations. 
-- Identifying optimal energy management solutions during design through an integrated conceptual engineering workflow. 
-- Accelerating alternative energy projects through proven process models and engineering tools tailored for these markets. 
-- Executing larger, more complex projects with fewer engineers through global project execution and a collaborative framework. 
-- Achieving greater engineering efficiency through the ability to support multiple engineering projects on a single PC. 
-- Improved response to environmental regulations through accurate modelling of CO2 and acid gas removal. 
aspenONE V7 is available immediately. For more information, visit