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Aspen Technology, Inc. develops industrial software solutions for asset-intensive industries, including energy, chemicals, utilities, mining, and pharmaceuticals. Its product portfolio spans asset lifecycle management—design, operation, and maintenance—featuring engineering modeling, supply chain optimization, asset performance, and digital grid management. Leveraging Industrial AI and deep domain expertise, AspenTech helps customers improve operational efficiency, reliability, and sustainability. The company operates on a recurring software license model supported by third-party implementation and training services.
This description was generated via AI from an annual report. Updated about 1 year ago.