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Industry Summary Articles

Wednesday, May 28, 2014

AspenTech Introduces aspenONE® Version 8.6 Software

Aspen Technology, Inc. announces Version 8.6 of aspenONE software. The latest AspenTech software addresses Oil, Gas, Chemicals, and Engineering & Construction (E&C) companies’ challenge to design and operate safe plants, and to accurately estimate project costs – from concept to construction – under tight deadlines.

aspenONE engineering V8.6 includes:

  • Activated Dynamics Analysis– Dynamic modeling of compressors is a high value task requiring both expertise and experience. Version 8.6 of Aspen HYSYS software automates dynamic modeling with a single button click to speed up model setup and enable more process engineers to perform compressor operability screening. All companies operating compressors, especially those processing gas in upstream and midstream, will benefit from better flow assurance and reduced maintenance cost. No similar capability is available in the market.
  • Expanded pressure safety valve design and rating in Aspen Plus and Aspen HYSYS makes the aspenONE solution more comprehensive. In V8.6 new fire analysis scenario calculations - accounting for latent heat and temperature change- and rupture disk sizing have been added. All functionality is available in both Aspen Plus and Aspen HYSYS, improving chemical and energy operators’ compliance with API 520 and 521.
  • New detailed unit rate estimating in Aspen Capital Cost Estimator (ACCE) extends the software’s scope further into the detailed estimating phase of a project. ACCE V8.6 enables easy adjustment of labor and material unit rates as well as materials of construction. The result is expected to enable organizations to achieve up to +/- 10% accuracy or better, reducing project risk and improving decision making around the use of capital.

The V8.6 release of aspenONE software, featuring updates to Aspen HYSYS, Aspen Plus, and Aspen Capital Cost Estimator, is available immediately. Customers on the aspenONE Licensing Model can upgrade to the new version for no additional cost. For more information, visit http://www.aspentech.com/products/v8-release/.

Manolis Kotzabasakis, Executive Vice President, Products, AspenTech -“AspenTech continues the high pace of innovation with the release of aspenONE Engineering version 8.6 software. Delivering on the Unified Engineering Environment first introduced with Version 8, breakthrough features such as Activated dynamics, pressure safety valve sizing, and addition of detailed costs to conceptual estimates are industry firsts that translate into day-to-day productivity improvements for our customers. More than ever, our customers require the capabilities of a unified engineering environment to be successful.”

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