Hargrove and Aspen Technology Partner to Deliver Digital Twin Services
Jun 3, 2020
Hargrove, a full-service EPC, automation, life sciences and technical services firm, is partnering with Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in asset optimization software, to deliver engineering services for a “digital twin” to better manage the operations and maintenance phase of a plant’s lifecycle. Hargrove will provide digital twin services that will rely on key technology and domain expertise from Aspen Technology.
The digital twin represents the historical, current and future behaviors of both the physical plant asset and the physical and chemical processes occurring within that plant. Customers will experience increased throughput, quality and equipment uptime as well as lower operating costs.
“We are constantly striving to provide more value to our customers,” said Karen Griffin, PE, vice president of Controls + Automation for Hargrove. “Our technical services/on-site team has been adding value for owner-operators in the areas of planning and scheduling, O&M and turnarounds for years, and now we will augment those services by delivering full, digital twin services to our clients to further improve their operations. AspenTech is an ideal partner for us given their long history and expertise in plant operations.”
Hargrove will license aspenONE® Asset Performance Management (APM), aspenONE® Engineering and aspenONE® Manufacturing and Supply Chain software suites to help create, deliver, and maintain the digital twin services and assist customers in leveraging the twin to improve operations. The services offered will include equipment analysis and troubleshooting, optimizing real-time process controls and predictive maintenance.
“AspenTech has been helping owner-operators optimize their operations for more than 35 years,” said Luc Martin, senior vice president at Aspen Technology, Inc. “Our customers, including EPCs, are getting great business value from digital twins that range from focusing on one unit to a complex set of assets. We are now embedding AI across our portfolio, which means that customers who are already deploying digital twins with us – and Hargrove – will get a future-proofed pathway into upgrading those digital twins with embedded AI.”