AspenTech

Industrial companies are facing formidable hurdles, both in meeting their operational objectives, and in understanding the vast volumes of data available to them to decide how best they can achieve those goals. For example, 38% of European capital-intensive companies, highlighted in recent research commissioned by AspenTech, say they are balancing global demand for resources with

Digital transformation continues to be the keynote of the coming year for operators across the oil and gas sectors. Digitalisation is nothing new to the sector, of course, says Ron Beck, Energy Industry marketing director at AspenTech. Refineries have, for example, been pursuing it for more than thirty years, with technologies like advanced process control (APC) well-established

Seeq Corporation, a specialist in manufacturing and Industrial Internet of Things (IIoT)advanced analytics software, announced it has secured $23 million (€19.71 million) in Series B funding led by the Altira Group with participation by

There is a significant need to carry out failure prevention using data-driven truths rather than guesstimates. The combination of mechanical and process induced breakdowns costs up to 10% of a worldwide $1.4 trillion manufacturing market per a 2012 report from The McKinsey Global Institute.