AspenTech Expands Ability to Help Customers Get Maximum Business Value from Industrial Data with Information Software Acquisition

  • October 24, 2022
  • AspenTech
  • New

AspenTech Expands Ability to Help Customers Get Maximum Business Value from Industrial Data with Information Software Acquisition

OCT. 24, 2022 – Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, today announced the acquisition of inmation Software GmbH, a market leader in real-time industrial information management. With this acquisition, AspenTech is in a unique position to help capital-intensive organizations integrate, manage and contextualize their industrial data to make critical business decisions that bring customers closer to achieving their profitability and sustainability goals. .

inmation’s scalable software adapts to the needs of its customers by connecting an organization’s industrial data from diverse data sources, from plant-level histories to enterprise systems, to create a real-time industrial data. Combined with AspenTech’s existing portfolio, including factory-level solutions and AspenTech’s connectivity and artificial intelligence (AI) capabilities, the integration of information technology creates a data infrastructure unmatched company-wide. Equipped with secure access and connectivity, customers can bring order to their data and gain real business insights from their industrial data securely and affordably.

Information will become the cornerstone of AspenTech’s industrial data and connectivity business unit, AIoT. The combined offering reinforces the company’s position as a driver of digital transformation and supports our customers’ sustainability and profitability goals.

“Capital-intensive industries are in critical need of a scalable solution to harness their massive amounts of industrial data to become efficient and sustainable in all areas of their operations,” said Nicole Rennalls, Vice President and Director general manager of AspenTech’s industrial data business unit, AIoT. . “With connected and actionable industrial data, inmation and AspenTech customers can pursue digitalization journeys that help them meet the dual challenges of meeting the resource demands of a growing population with rising living standards. , in a sustainable way.

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

Founded in 2013, inmation is headquartered in Cologne, Germany. As one of the world’s leading technology companies in the field of real-time industrial information management, inmation’s global customer base is made up of leading companies operating in different industrial sectors, including pharmaceuticals , chemical, manufacturing, oil and gas, etc.

About Aspen Technology

Aspen Technology, Inc. (NASDAQ: AZPN) is a global software leader that helps industries at the forefront of the global dual challenge meet the growing resource demands of a rapidly growing population in a cost-effective and sustainable way. . AspenTech solutions address complex environments where optimizing the design, operation and maintenance lifecycle of assets is critical. With our unique combination of deep domain expertise and innovation, clients in capital-intensive industries can manage their assets safer, greener, longer and faster to improve operational excellence.

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