SCP solutions company gets recognised for its position in the process industry
April 2003
News
Aspen Technology has been positioned in the Visionary quadrant in the latest Magic Quadrant report on supply chain planning (SCP) solutions for process manufacturers produced by Gartner, the leading technology research and advisory firm. This recognition was based on a comprehensive analysis of AspenTech's current and future SCP solutions and discussions with a range of current process industry customers.
"AspenTech has a long track-record of delivering best-of-breed supply chain solutions to the process industries," said Ian Huntly, managing director of AspenTech Africa. "These solutions help companies realise significant value and a rapid return on investment, even in complex environments not suited to more generic supply chain technologies. We are proud that Gartner recognised the strength of our vision in its recent report. Our initiatives in supply chain inventory visibility, performance management and portal technologies are important competitive differentiators, and leverage the value of linking plant floor activities to decision support solutions."
AspenTech offers a comprehensive family of SCP solutions that enable petroleum, chemical, pharmaceutical and other process manufacturers to increase their profitability by reducing inventories, maximising plant utilisation, optimising sourcing and satisfying customer demand more effectively. The solutions are pre-configured to suit the specific needs of each industry, ensuring simple, low-risk implementation and a fast return on investment. Examples include products for refinery planning and scheduling, and solutions that deliver advanced functionality like vendor managed inventory (VMI) and capable-to-promise (CTP).
In its research note entitled 'Options Expand in SCP for Process Manufacturers in 1Q03', Gartner's Magic Quadrant positions vendors in a particular market segment based on their vision and ability to execute that vision. According to Gartner, visionaries have a clear vision of market direction and are focused on preparing for that, but they can still improve in terms of optimising service delivery. In order to be included in this Magic Quadrant, vendors must demonstrate a credible vision for a multiproduct, process manufacturing-oriented SCP suite, and possess an effective sales distribution channel for global customers.
Supply chain planning applications are an important element of AspenTech's solutions for enterprise operations management in the process industries. These integrated, enterprise-wide solutions combine engineering and manufacturing/supply chain technologies to help companies optimise the way they engineer and run their manufacturing and supply chain operations.
For more information contact Amanda Strauss, sales co-ordinator, AspenTech Africa, 011 258 8771, [email protected]
Further reading:
4Sight OT Automation achieves prestigious AVEVA Endorsed Partner status
News
4Sight OT Automation, a leading industrial software solutions provider, has achieved Endorsed Partner status within the AVEVA Partner Network.
Read more...
Schneider Electric announces 2023 Global Alliance Partner Programme award winners
Schneider Electric South Africa
News
Schneider Electric has announced the winners of the 2023 Global Alliance Excellence Awards. Throughout 2023, Schneider Electric’s Alliance Partners supported customers in the digitalisation of industrial automation, delivering value with innovative initiatives, solutions and services.
Read more...
Custom containerised lubrication dispensing system
News
Bosch Rexroth Africa recently supplied and installed a customised environmentally friendly and dust-proof lubrication dispensing system for a leading earth-moving equipment supplier.
Read more...
Siemens to acquire industrial drive technology business of ebm-papst
Siemens South Africa
News
Siemens has signed an agreement to acquire the industrial drive technology business of ebm-papst. The business includes intelligent, integrated mechatronic systems in the protective extra-low voltage range and innovative motion control systems.
Read more...
Bearings International fosters a segment strategy
Bearings International
News
Bearings International has a segment approach to the market, which places an intentional focus on key industries in South and sub-Saharan Africa in a bid to optimise operations, enhance uptime, and drive business sustainability and increased profitability outcomes for customers.
Read more...
Local robotics team’s journey to the world stage
News
In the heart of Cape Town, a group of young visionaries aged 12 to 17 is making waves in the world of robotics. Known as Texpand, this team from Pinelands has not only dominated the First Tech Challenge (FTC) in South Africa, but has also earned international acclaim for its innovative approach to engineering and problem solving.
Read more...
RS Group expands by 10 000 products
RS South Africa
News
RS South Africa has announced its Better World Claims Based Framework, enabling customers to select verified sustainable product alternatives. This provides suppliers with a standardised framework to accelerate the development and manufacture of more sustainable and responsible products.
Read more...
IRP 2023 could reset SA’s social and economic problems
News
ACTOM recently held a webinar on the ‘Draft IRP2023 Impact on the Manufacturing Sector’. South Africa’s Draft Integrated Resource Plan 2023 is a key document that outlines a comprehensive strategy for addressing the country’s energy security challenges, while also setting out its transition to a diversified energy mix, including renewables.
Read more...
Young scientists to showcase innovative research
News
Innovative South African research which includes a cost-effective triage test for real-time detection of TB and a nature-based technology that brings about environmental remediation, will be showcased at this year’s International Festival of Engineering, Science and Technology in Tunisia.
Read more...
Moog takes a leadership position in lunar exploration
News
NASA is planning for a sustained human presence on the Moon, and resources such as water could eventually be harnessed from the lunar surface instead of being transported from Earth, and it has turned to industry to find ways to excavate and transport that icy regolith.
Read more...
printer friendly version