- Investing.com
Aspen Technology, Inc. provides industrial software that focuses on helping customers in asset-intensive industries worldwide. The company’s solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. Its software is used in asset performance management, performance engineering, modeling and design, manufacturing and supply chain management, predictive and prescriptive maintenance, digital grid management, industrial data management, and subsurface science and engineering. It caters to industries, such as bulk chemicals, consumer packaged goods, downstream, engineering, procurement and construction, food and beverage, metals and mining, midstream and LNG, pharmaceuticals, polymers, power generation, transmission and distribution, pulp and paper, specialty chemicals, transportation, upstream water and wastewater. The company was founded in 1981 and is based in Bedford, Massachusetts with additional office across the globe. As of September 10, 2024, Aspen Technology, Inc. operates as a subsidiary of Emerson Electric Co.