# AspenTech (Aspen Technology)

> Publicly sourced profile assembled by Optimly, in the Optimly AI Brand Index. Last refreshed 2026-10-04.

- **Business Profile:** https://optimly.ai/brand/aspentech-aspen-technology
- **Dataset:** https://optimly.ai/brand/aspentech-aspen-technology.json
- **Markdown:** https://optimly.ai/brand/aspentech-aspen-technology/llms.txt
- **Official website:** https://aspentech.com
- **Slug:** aspentech-aspen-technology
- **Categories:** ai-machine-learning, data-analytics-business-intelligence, design-creative-software, vertical-industry-software

## Overview

- **Tagline:** Combines deep industrial physics-making (first principles) with modern machine learning to create 'Hybrid Models' for the energy transition.
Source: Brand's website (https://aspentech.com) · 2026-10-04

- **Description:** Aspen Technology (AspenTech) is a global leader in industrial software that optimizes asset design, operations, and maintenance in complex environments. Founded at MIT in 1981, the company provides solutions that utilize artificial intelligence and process modeling to help capital-intensive industries achieve greater efficiency and sustainability.
Source: Brand's website (https://aspentech.com) · 2026-10-04

## Offerings

- **Core capabilities:**
  - Aspen Plus
  - Aspen HYSYS
  - Aspen Mtell
  - OSI monarch
  - Subsurface Science & Engineering (SSE) suite.
Source: Brand's website (https://aspentech.com) · 2026-10-04

- **Pricing:** Enterprise/Custom (AspenTech Performance Engineering Licensing)
Source: Brand's website (https://aspentech.com) · 2026-10-04

## Audience

- **Target industry:** Energy (Oil & Gas), Chemicals, Power & Utilities, Mining, Pharma.
Source: Brand's website (https://aspentech.com) · 2026-10-04

## Landscape

- **Competitors:**
  - AVEVA
  - Bentley Systems
  - Honeywell Forge
  - Siemens Digital Industries Software
Source: Brand's website (https://aspentech.com) · 2026-10-04

Page last updated 2026-10-17.