Empowering Utilities with Network Model Management Technology
Aspen Technology has announced the expansion of its Digital Grid Management Suite with the acquisition of Open Grid Systems, introducing pioneering network model management technology. This advancement enables utilities to more effectively manage the increasing complexity of grids and ensure resiliency in their operations.
Enabling Power Reliability and Net-Zero Goals with Microgrid Management System
Aspen Technology has launched a Microgrid Management System to help customers address power reliability challenges and meet net-zero sustainability goals. This system provides businesses with a reliable electricity supply, operational optimization, and increased sustainability, making microgrids an essential tool for those in need of dependable power.
AI Solutions for Enhanced Efficiency and Sustainability in Asset-Intensive Industries
Asset-intensive companies can leverage AspenTech's Industrial AI solutions to enhance efficiency and sustainability in their operations. From data analysis to process optimization, these breakthrough AI solutions offer a way for organizations to fully capitalize on the benefits of Industrial AI and drive greater value from their industrial data.
Driving Industry Sustainability Goals with AI
AI plays a critical role in helping industries reach sustainability goals. AspenTech highlights five major areas where AI can have a significant impact, ranging from increasing operational efficiency to optimizing processes and reducing environmental footprints. Leveraging AI technologies can be a game-changer for companies looking to achieve sustainability targets.
Decarbonization Journey Supported by DERMS
DERMS (Distributed Energy Resource Management Systems) are essential digital technologies in the decarbonization journey, enabling utilities, commercial entities, and industries to integrate and intelligently automate Distributed Energy Resources. By harnessing DERMS, organizations can effectively reduce carbon emissions and drive towards a more sustainable future.
Hydrogen's Role in a Sustainable Future
While hydrogen holds promise as a clean energy source, AspenTech emphasizes that it is not a one-size-fits-all solution for addressing climate change. Understanding the potential and limitations of hydrogen is crucial in the quest for a sustainable future, highlighting the importance of a diversified strategy in addressing environmental challenges.
Revolutionizing Industrial Data Management with Smart Data
As the era of big data gives way to smart data, manufacturers are presented with new opportunities to drive greater value from industrial data. By adopting smart data practices, companies can focus on quality data insights that enhance decision-making, optimize processes, and maximize overall operational efficiency.
Augmenting Industrial Capabilities with Generative AI
Generative AI has the potential to augment and amplify the capabilities of industrial employees, filling critical skills gaps in the sector. This advancement enables existing workforce to leverage generative AI tools in optimizing processes, driving innovation, and supporting the convergence of industrial IT and OT for improved operational efficiency.
Navigating the IT/OT Convergence Journey
As technology continues to advance, IT/OT convergence becomes more seamless and reliable. Manufacturers and industrial entities can leverage modern infrastructure and data management platforms to successfully integrate IT and OT systems. This integration provides a robust foundation for digital transformation, ensuring operational excellence and efficiency.