Open Grid Systems
Acquisition in 2024
Open Grid Systems is a technology company specializing in software development and consultancy services for the electrical power industry. It focuses on model-driven software engineering, open standards, and advanced technologies to facilitate data access and grid applications.
Micromine
Acquisition in 2022
Micromine is a leading provider of software solutions for the mining industry, offering tools that cover the entire mining cycle from geological exploration and data management to resource estimation, mine design, planning, and production control. Established 36 years ago, the company has expanded its reach to over 2,000 sites in more than 90 countries. Micromine's software is recognized for its user-friendly interface combined with robust functionality, allowing clients to maximize asset value, enhance productivity, and make informed decisions. The company's modular software integrates various tools for modeling, estimation, and design, effectively capturing and interpreting critical mining data. With a strong commitment to research and development, Micromine continues to set new standards in innovation and excellence within the mining and resources sectors, supported by local experts and available in multiple languages.
OptiPlant
Acquisition in 2020
OptiPlant Inc. is a technology company based in Walnut Creek, California, specializing in AI-driven 3D conceptual design and engineering automation software. Established in 2005, OptiPlant serves owner-operators and engineering, procurement, and construction (EPC) clients by optimizing conceptual designs and cost estimates, facilitating the swift development of front-end engineering designs (FEED). The firm's software emphasizes instantaneous 3D modeling and rule-based engineering, harnessing automation and data support to enhance operational efficiency. By utilizing OptiPlant’s solutions, clients can save capital, improve safety, and minimize the environmental impact of their projects. In addition to its headquarters, OptiPlant operates in multiple global locations, including Houston, New Delhi, Beijing, Calgary, Seoul, and Sao Paulo. As of December 2020, OptiPlant operates as a subsidiary of Aspen Technology, Inc.
Camo Analytics
Acquisition in 2020
Camo Analytics specializes in industrial analytics, providing advanced data simulation and prediction software that simplifies complex data for industry leaders. The company's tools focus on modeling, prediction, and optimization, offering user-friendly interfaces and effective data visualization. Their software can be integrated with scientific instruments and process monitoring solutions, enhancing the ability of enterprises to analyze and interpret data efficiently. By enabling organizations to clarify complex information, Camo Analytics supports improved identification of costs, research, and design, ultimately facilitating faster and more efficient results in the digitization of value chains.
Mnubo Inc. is a Montreal-based company that specializes in smart data management and analytics for the Internet of Things (IoT). Founded in 2012, Mnubo provides a cloud platform that enables original equipment manufacturers (OEMs) to connect, collect, analyze, and act on data from their products. The company's solutions include data collection, aggregation, and management services tailored for real-time IoT data streams. Mnubo's offerings cater to various sectors, including wearables, industrial, automotive, building, and healthcare, helping manufacturers gain insights to enhance product usage, boost customer engagement, and reduce operational costs. The platform is designed for rapid deployment, allowing manufacturers and service providers to quickly implement IoT solutions without extensive IT resources or lengthy roll-out plans. Mnubo operates as a subsidiary of Aspen Technology, Inc. as of July 2019.
Sabisu
Acquisition in 2019
Sabisu Ltd. is a company focused on delivering enterprise visualization and workflow solutions tailored for complex industrial environments. Established in 2002 and headquartered in Sale, United Kingdom, Sabisu provides a digital workspace that enhances real-time decision-making through data aggregation, analytics, and visualization. The company's offerings include workflow digitalization, knowledge management, and cloud services, facilitating efficient operations in various industrial settings. As of June 12, 2019, Sabisu operates as a subsidiary of Aspen Technology, Inc.
Apex Optimisation
Acquisition in 2018
Apex Optimisation, a European company specializing in Dynamic Optimization and Advanced Process Control. Apex’s GDOT software aligns Advanced Process Control (APC) with Planning & Scheduling, enabling unified production optimization for refineries and petrochemical companies in complex industrial environments. GDOT software dynamically processes hundreds of variables to achieve optimization, while driving closer alignment with planning and scheduling. Dynamic coordination captures economic incentives every minute across multiple units, which is critical for refineries and plants where operational complexity and changing conditions are the norm.
RtTech Software - Cipher IoT
Acquisition in 2017
Cipher is a cloud-native application with multitenant capabilities leveraging a modern architecture design, based on Microsoft’s Azure Internet of Things platform. Key current components include: Cipher Portal: Used on-premise and in the Cloud to create a rich, aggregated data store of asset information for advanced analytics and asset optimization. Cipher Connect: Used “at the edge” to collect, cleanse and analyze data from sensors and other data sources. Cipher Connect supports a wide range of communication protocols including MQTT, OPC UA, OPC DA, Modbus, BACnet, Ethernet IP, Allen Bradley and MT Connect for connecting almost any asset or device. Data collected by Cipher Connect can be written to a Cipher Portal on-premise or in a public or private cloud for advanced analysis and asset optimization. Data can also be written to enterprise systems such as historians, APM, EAM (enterprise asset management) and ERP (enterprise resource planning) for use in business analysis and applications.
Mtell, founded in 2006, specializes in software solutions that enhance the health and performance of industrial equipment through machine learning. The company focuses on developing predictive analytics tools designed to foresee equipment failures and recommend maintenance procedures, thereby minimizing risks to safety and the environment. Mtell's technology plays a pivotal role in the advancement of the Industrial Internet and is utilized across various sectors, including oil and gas, mining, pharmaceuticals, and wastewater management. In addition to its software offerings, the company provides services such as project pre-assessment and machinery installation and configuration, contributing to improved equipment performance and profitability on a global scale.
Fidelis Group
Acquisition in 2016
Fidelis Group LLC, established in 2001 and headquartered in Lake Jackson, Texas, is a software and consulting company specializing in asset reliability solutions for process plants. The company develops and delivers software tools such as Fidelis Titan (for multi-state discrete event simulation modeling) and Fidelis WST (Warehouse Spare Part Sufficiency Tool), along with statistical analysis tools like FAST 3 and STAT. They offer services including data collection, system modeling, reliability analysis, and customized training programs. Their clients primarily consist of refining, oil/gas production, petrochemical/chemical processing, power utilities, and mining industries. As of June 6, 2016, Fidelis Group operates as a subsidiary of Aspen Technology, Inc., focusing on helping these industries predict asset performance, mitigate risk, and optimize capital expenses.
Hyprotech
Acquisition in 2002
Hyprotech supplies modeling and simulation software and services to the process industries worldwide. The company provides simulation of plant design and operations, as well as knowledge deployment. Its software products enable decision-makers to apply engineering rigor when making business decisions.
Icarus
Acquisition in 2000
Icarus is a provider of software that is used by the process manufacturing industries.
Petrolsoft
Acquisition in 2000
Petrolsoft is a provider of supply chain management systems and eBusiness solutions specifically designed for the downstream petroleum industry. The company specializes in the supply and distribution of bulk refined fuel products, including motor gasoline, distillates, kerosene, and jet fuel, catering to both retail and wholesale markets. Petrolsoft's software solutions aim to enhance inter-company business processes and streamline supply chain management, manufacturing, and product engineering within the petroleum sector.
Extricity
Venture Round in 2000
Extricity, Inc. was acquired by Inovis, Inc. Extricity, Inc. operates as a provider of business-to-business software products. Its software products allow companies to manage the internal and external sharing of information; and the execution of interactions among software applications and business partners over the Internet. The company was founded in 1996 and is based in Belmont, California.