Manufacturing Magazine February 2023 | Page 49

FACTORY OF THE FUTURE

ASPENTECH GAVE OUT FOOD BASKETS TO THEIR SHANGHAI-BASED EMPLOYEES DURING THE LOCKDOWN .

In addition to this , AspenTech is currently seeing considerable adoption of a timely solution comprising multiple AspenTech tools together : a carbon emissions decision-support solution .
“ This is a high-value solution positioning , comprising multiple existing AspenTech products implemented together for customers looking for actionable insight around their carbon emissions landscape ,” explains Beck . “ This decision-support solution empowers a company to get an actionable , birds-eye view of their carbon emissions through the mobilisation of underlying data and models . Companies today are challenged in understanding their carbon emissions across all their assets – as well as in detail within assets – in a timely , accurate enough manner to enable better operating decisions to reduce carbon emissions day-to-day .”
This new solution can and does achieve that . Up until today , companies have been using spreadsheet-based approaches that are manual , lack transparency and slow to compile . AspenTech has innovated an approach that will provide the same ultimate answer to regulators , but in a real-time manner that enables agile decision making at each asset , and with units within an asset .
“ Companies will be able to report accurately and auditably but , more than that , have insight into the performance of their enterprise , with decision support to predict future performance and look at scenarios that will optimise their operations between sustainability , profit , delivery to customers , and safety .”
AspenTech is starting the ground work now to be a more competitive business partner – and employer – in the future .
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