AspenTech to deliver industrial IoT on Microsoft Azure
Software vendor to provide capital-intensive companies with a scalable, trusted, high-performance data analytics
Aspen Technology, an asset optimisation software company, has said it will deliver industrial Internet of Things (IIoT) advanced analytics and machine learning applications on Microsoft Azure.
According to AspenTech, it will extend the reach of aspenONE asset performance management (APM) software to new assets and data sources across the enterprise with Aspen Edge Connect and Aspen Cloud Connect software.
John Hague, senior vice president and general manager, AspenTech APM, said: "Stranded assets that are hard to reach, older assets with outdated controls and assets with limited connectivity require an IIoT solution that leverages flexible, economical and scalable edge technology, avoiding costly rip-and-replace upgrades."
Hague said real-time asset connectivity and system-level views of asset performance data are critical for making informed business decisions and add further value to the asset optimisation solutions the company offers customers today. "With Microsoft Azure, AspenTech is giving customers the option and advantages of low-cost, scalable edge computing and data analytics in the cloud as well as on-premises," he added. "We are continuing to deliver rapidly deployed, low-touch asset performance management solutions that offer quick time to value and drive increased reliability."
Çağlayan Arkan, general manager, Worldwide Manufacturing and Resources Industry at Microsoft Corp. said: "Aspen Technology, combined with Microsoft Azure, connects critical assets to the enterprise, helping manufacturing and other industrial customers realise the benefits of digital transformation and IIoT. Combining AspenTech's asset optimisation solutions with the global scale of Azure will enable customers to achieve high levels of operational excellence."
The alignment of AspenTech and Microsoft's technology and expertise delivers on the IIoT promise to connect assets, measure their performance and improve business outcomes.