Aspen Technology Recent Developments
In September 2018, Aspen Technology launched a comprehensive training offering designed to help customers overcome a growing knowledge gap and accelerate their ability to solve the most complex engineering and operational challenges. With rapid changes in the employment landscape, including in the energy industry, customers are increasingly looking for flexible, agile alternatives to acquire and apply the skills necessary to meet evolving market demands. In June 2018, Aspen Technology unveiled that it delivers Industrial Internet of Things (IIoT) advanced analytics and machine learning applications on Microsoft Azure. AspenTech extends the reach of aspenONE Asset Performance Management (APM) software to new assets and data sources across the enterprise with Aspen Edge Connect and Aspen Cloud Connect software. AspenONE Version 10.1 release, Aspen Edge Connect and Aspen Cloud Connect capture and aggregate critical data from assets and data sources throughout the plant and across the enterprise.
Aspen Technology Overview
Ownership: - AZPN:NASDAQ
Employees: 1466
Functional Market: ERP Services and Operations Management, Product LifeCycle Management and Engineering, Supply Chain Management,
Key Verticals: Life Sciences, Oil, Gas and Chemicals,
Aspen Technology Key Enterprise & Cloud Applications
aspenONE Exchange,
SCORES Analysis
Aspen Technology Strengths
Aspen Technology is a category leader in the oil and gas industry, AspenTech specializes in software that optimizes process manufacturing for energy, chemicals, engineering and construction, and other industries. With integrated aspenONE solutions, process manufacturers can implement best practices for optimizing their engineering, manufacturing and supply chain operations. AspenONE V8 now offers a new version of Aspen HYSYS for process simulation as well as solids modeling functionality(acquired from SolidSim in 2012) that is integrated within Aspen Plus. The integration of recently acquired SolidSim technology into Aspen Plus eliminates silos between previously disparate solids and liquids modeling processes. This makes it possible to optimize all chemical processes together for the first time. In May 2014, Aspen announced Version 8.6 of aspenONE software which addresses Oil, Gas, Chemicals, and Engineering & Construction.
Subscribe to read more about Aspen Technology
- Key differentiators
- Domain Expertise
- Product portfolio
- Solution scope
Aspen Technology Revenues, $M:
| Type/Year | 2016 | 2017 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Aspen Technology Revenue Breakdown By Type, $M:
| Type | License | Services | Hardware | Support & Maintenance | SaaS |
|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Aspen Technology Enterprise Applications Revenues By Functional Markets, $M:
Aspen Technology Enterprise Applications Revenues By Verticals, $M:
Aspen Technology Revenues By Region, $M
| Region | % of Total Revenues | 2017 Total Revenues, $M | 2017 Enterprise Applications Revenues, $M | 2017 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Aspen Technology Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Aspen Technology Customers
No. of Customers: Subscribe
No. of Enterprise Applications Customers: Subscribe
No. of Cloud Customers: Subscribe
No. of Cloud Subscribers: Subscribe
Don't Miss our Customer Database
Subscribe to read more about Aspen Technology
- Reference wins across regions
- Customer Size segments
- Customer wins momentum
Aspen Technology Opportunities
Subscribe to read more about Aspen Technology
- Market Opportunities at the vertical and subvertical levels
- Mergers and Acquisitions (M&A), Funding
- Geo Expansions
Aspen Technology Risks
Subscribe to read more about Aspen Technology
- Ability to handle internal and external risk and challenges
Aspen Technology Ecosystem
Subscribe to read more about Aspen Technology
- Health of ecosystem
- Network Effects of BPO, ISV, SI
- VAR Partners
- Direct vs Indirect sales
Aspen Technology Cloud Infrastructure Insights
Subscribe to read more about Aspen Technology
- Cloud Infrastructure (IaaS)
- Cloud Platform (PaaS)
- Cloud Application delivery (SaaS)
- Data Center (Hosting)
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/https://www.appsruntheworld.com/offerings
FAQ
https://www.appsruntheworld.com/FAQCopyright © 2019, APPS RUN THE WORLD