Aspen Technology, Inc.
AspenTech is a global software leader helping industries at the forefront of the world’s dual challenge meet the increasing demand for resources from a rapidly growing population in a profitable and sustainable manner. AspenTech solutions address complex environments where it is critical to optimize the asset design, operation and maintenance lifecycle. Through our unique combination of deep domain expertise and innovation, customers in asset-intensive industries can run their assets safer, greener, longer and faster to improve their operational excellence. To learn more, visit AspenTech.com.www.aspentech.com
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Search complete. 5 mentions across 3 episodes found for "Aspen Technology, Inc.".
Oct 21, 2026
Larry O'BrienGUEST
I mean, we had the ABB acquisition of Rotorq, right? Big valve actuator supplier there.
Larry O'BrienGUEST
We had Emerson completing its acquisition of Aspen Tech.
Larry O'BrienGUEST
Huge acquisition for them, really bolstering their software capabilities.
Larry O'BrienGUEST
Obviously, you know, rounding out AI capabilities as well there.
Suresh KothaGUEST
To deliver on an ambitious goal requires working with partners in researching, piloting, and bringing new technologies to scale with innovative technology partners.
Suresh KothaGUEST
Back in 2018, we began a partnership with OSI, now it's called Aspen Tech, or AspEmerson, also part of it, to implement a platform supporting decarbonization, grid modernization, and the demands of a rapidly changing energy landscape, especially from the distributed energy resources or behind-the-meter distributed energy resources like EV, PV, and the battery storage.
Suresh KothaGUEST
So our story begins with the deployment of ADMS, Advanced Distribution Management System, back in September 2022, which included phase one of Distributed Energy Resource Management System as well.
speaker_5NARRATOR
So,
Suresh KothaGUEST
That is an aggregation of behind the meter DERs, whether it is the smart thermostats, These are the type of the technologies that, and then we added later a 2030.5 functionality for DER visibility and control that is more like residential batteries that are behind the meter.
Suresh KothaGUEST
And in addition to we implemented an open ADR for batch dispatch of pseudo DERs like water heaters or thermostats, et cetera.
Suresh KothaGUEST
So all these are all the foundations for providing real-time visibility and control for both utility scale as well as behind this meter ders or distributed energy resources so this foundation set up the future ability to help prevent overloads or back feeds managing the congestion and maintain grid stability so again continuing on this journey with the aspen tech currently we are replacing our legacy outage management system to position our workforce with improved visibility and information to better serve our customer expectations.
Suresh KothaGUEST
Specifically, Aspen Dex OMS supports additional features and functionality to provide better communication to enhance our customer experience.
Lou ShipleyGUEST
He was a Hobie Baker winner, which means that he was the number one college hockey player in the U.S. back in the 80s.
Lou ShipleyGUEST
He played in the NHL and then became a really successful public company CEO for Aspen Tech.
Lou ShipleyGUEST
And the chapter about leadership was, this is so Fusco, was the sled goes as fast as the lead dog.
Lou ShipleyGUEST
It's all about, if you're the CEO, you've got to lead by example.