Aspen Technology

Aspen Technology, Inc., commonly known as AspenTech, specializes in software and services for process industries, including energy, chemicals, and engineering. They generate revenue through licensing their advanced process optimization software, which helps companies enhance efficiency and reduce operational costs. Founded in 1981, AspenTech has a rich history of innovation, including the development of the Aspen Plus process simulation software. The company has expanded its portfolio through strategic acquisitions, solidifying its position as a leader in industrial software solutions.

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