The value of digital twins in leading business to success.
Around the world, major organizations are adopting and implementing advanced digital technologies. The journey of digital transformation will change the nature of asset-intensive industries, particularly in the energy and chemical sectors. In this context, digital twins (virtualized copies of physical assets and their operational behaviors) play a crucial role. A key concept of the digital twin that AspenTech envisions today is the power of AI to provide insights and advice based on virtual data. This white paper will highlight the keys that will be important for future digital twin strategies.
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AspenTech, a member of Emerson, is a leading company in industrial software. Major corporations in the oil and gas, chemical, and engineering sectors around the world utilize our cutting-edge software. **Main Applications** - Process Simulation - Process Digital Twin & DX - Plant Cost Estimation - 3D Piping Auto Layout - Advanced Control - Operational Optimization & Automation - Supply Chain Management - Predictive Maintenance & Anomaly Detection - OT Data Integration Platform What sets AspenTech apart from other companies is our deep experience and expertise in the industries we serve. By leveraging this knowledge and incorporating the latest advancements in AI and machine learning into our product portfolio, we drive digitalization throughout the entire asset lifecycle of design, operation, and maintenance of facilities and value chains. **Accelerating Innovation for Sustainability** AspenTech solutions support the realization of net zero through applications such as: - CO2 Capture, CCUS, Decarbonization - Hydrogen & Ammonia - Biomass & Biofuels - Polymer & Chemical Recycling - Energy Conservation