Aspen Technology and Hexagon Announce New Collaboration to Accelerate Digital Transformation in Process Industries
Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization™ software company, and Hexagon PPM, the leading global provider of engineering software for the design, construction and operation of plants, ships and offshore facilities, today announced a new level of collaboration founded on a memorandum of understanding (MoU) that will more closely align AspenTech’s conceptual, basic engineering and cost estimation solutions with the detailed engineering suite from Hexagon PPM, to enable a fully data-centric workflow across the asset lifecycle.
As the first to market with a fully digital design and engineering process with integrated economic evaluation, AspenTech and Hexagon PPM suites align to help customers better manage the financial risks of complex projects, which is a major challenge today. The combined capabilities can accelerate digital transformation and enable deployment of best-in-class integrated solutions from two leading software providers.
Read it here | MENA Herald