AspenTech

Founded in 1981 through a joint MIT and U.S. Department of Energy project (ASPEN), Aspen Technology (AspenTech) is a global leader in industrial software for asset optimisation. Its aspenONE suite, including Engineering, Manufacturing and Supply Chain, and Asset Performance Management, combines AI, machine learning, and process simulation to optimise design, operation, and maintenance across industries such as oil and gas, chemicals, pharmaceuticals, and metals. The 2022 merger with Emerson's OSI Inc. and Geological Simulation Software, with Emerson holding a 55% stake, broadened its portfolio, followed by the 2023 acquisition of inmation Software GmbH, forming AspenTech DataWorks. Serving more than 2,500 customers worldwide, including TotalEnergies and ExxonMobil, AspenTech advances sustainability by reducing emissions and improving efficiency.