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Aspen Technology, Inc. announced it has acquired rights to Operator Training Simulator (OTS) framework software from Inprocess Technology and Consulting Group of Barcelona, Spain. Inprocess, developer of the OTS software, is a consulting service company supplying technological services to owner-operators in the oil & gas, refining and chemical process industries.
This announcement extends AspenTech’s focus on asset optimization by enhancing its ability to meet the increased demand for Operator Training technology. AspenTech will now be able to offer a complete set of OTS software – adding technology that provides the end-user environment for plant operators and training instructors and helps to connect to the various process control systems that may be used in the real plant. This will complement and leverage the Aspen HYSYS and Aspen Plus solutions, which have been used as virtual plant simulators at the core of OTS system deployments across the world.
Terms of the transaction were not disclosed.
Keywords: Asset Optimization, Operator Training, OTS Software, Virtual Plant Simulators, ARC Advisory Group.