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This is a list of software used to simulate the material and energy balances of chemical process plants. Applications for this include design studies, engineering studies, design audits, debottlenecking studies, control system check-out, process simulation, dynamic simulation, operator training simulators, pipeline management systems, production management systems, digital twins.
Aspen HYSYS (or simply HYSYS) ... HYSYS is a portmanteau formed from Hyprotech, the name of the company which created the software, and Systems. [3] History
Aspen Technology, Inc., known as AspenTech, is a provider of software and services for the process industries headquartered in Bedford, Massachusetts. AspenTech has 35 offices globally. AspenTech has 35 offices globally.
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On June 1, 2000, Petrolsoft Corporation was acquired by Aspen Technology, Inc. (AZPN), a public software company focused on the process manufacturing software space in an all-stock transaction valued at approximately $60 million at the time of acquisition.
The optimization of hardware and software allowed the company to bring model training costs down from $100 million to $5 million, 100,000 to 2,000 GPUs, and reduce API costs by 95 percent ...
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