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 Aspen Technology, Inc.

 

Aspen Technology, Inc. is a supplier of integrated software and services to the process industries, which consist of petroleum, chemicals, pharmaceutical and other industries that provide products from a chemical process. The Company categorizes its software into two main categories: engineering and manufacturing/supply chain. Under these two categories fall three main product families. Its foundation products consist of its traditional point products for modeling and simulation, supply chain, advanced control and optimization and production and information management. They are the engines of its business process products, which is its second family of products. Aspen's business process products automate the workflow for specific business processes and are pre-configured for a specific application. The Aspen enterprise platform products provide the basic infrastructure to support business process automation across the enterprise and are based on industry standards.

 

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