Frost & Sullivan features AspenTech with Global Excellence in Customer Value Award for Advanced Process Control

Solution Integrating Advanced Process Control, Simulation and Enterprise Optimization

17-Jul-2006

Frost & Sullivan rewarded Aspen Technology, Inc. with their 2006 Global Excellence in Customer Value Award for Advanced Process Control, Simulation and Enterprise Optimization. The Award recognizes AspenTech's superior ability to translate process industry business requirements into products that positively impact its customers' bottom-line. The aspenONE integrated suite of solutions has been well received by process industry customers and has emerged as the de facto standard that has helped AspenTech's customers solve broader and more complex issues on a larger scale.

"We have found that customers in the process industry rate AspenTech as a company that can help them identify critical bottlenecks and provide a comprehensive roadmap to drive down operational costs," said Sath Rao, Research Manager for the Industrial Automation and Process Control practice with Frost & Sullivan.

Frost & Sullivan Awards for Global Excellence criteria include business development, innovation, competitive strategy and leadership within a particular Industry Research Group (IRG), as well as superior market growth skills during the research period. Award recipients like AspenTech must exhibit outstanding management, consistent growth and positive economic impact, along with exceptional customer service and the ability to combine technology and successful strategic initiatives.

Frost & Sullivan's research concludes that in a highly competitive climate, AspenTech has continued to grow at a rate higher than the market by providing quality products delivered with superior execution skills. Its sound strategy has enabled it to attain financial stability and has been central to its market acceptance on a global platform. The ability to understand customer requirements, develop innovative solutions to enable enterprise-wide optimization and consistently deliver on customer promises has qualified AspenTech to be the recipient of this year's Award.

https://www.chemeurope.com/en/news/56352/frost-sullivan-features-aspentech-with-global-excellence-in-customer-value-award-for-advanced-process-control.html