McRock IIoT Symposium

Transcription

1 McRock IIoT Symposium Antonio Pietri, President and CEO June

2 By The Numbers Blue-chip customers, over 2,100 globally 90% Revenue across Energy, Chemicals, Engineering & Construction Global presence with over 60% of business outside North America World leader in asset optimization software for capital-intensive industries 1,450 employees worldwide, 50% outside U.S. 37 years of technology leadership and innovation 2018 Aspen Technology, Inc. All rights reserved. 2

3 AspenTech Strengths Multi-Billion Dollar Opportunity Market Leadership Position World-Class Customer Base Subscription Model with Long-Term Contracts Best-in-Class Profitability Focus on Capital Deployment to Enhance Shareholder Value Value Creation for Customers Mission-Critical Products and Solutions 2018 Aspen Technology, Inc. All rights reserved. 3

4 Achievements from Design and Operations Excellence Process Optimization Process Modeling & Simulation MIT ASPEN Project Source: Harnessing automation for a future that works, McKinsey Global Institute, January Aspen Technology, Inc. All rights reserved. 4

5 Historical aspenone Suites Engineering OPTIMIZING ASSET DESIGN Manufacturing & Supply Chain OPTIMIZING ASSET OPERATIONS R&D/Conceptual Engineering R&D/ Conceptual Engineering Basic Engineering Basic Engineering Equipment Engineering Equipment Engineering Debottlenecking Upgrades Planning Debottlenecking & Upgrades Planning Long-term Forecasting & Planning Long-term Forecasting & Planning Production Planning & Scheduling Production Planning & Scheduling Manufacturing Operations Management Manufacturing Operations Management Dynamic Optimization & Advanced Control Advanced Control & Optimization 2018 Aspen Technology, Inc. All rights reserved. 5

6 $ 50 Billion AspenTech, Internal Research, Aspen Technology, Inc. All rights reserved. 6

7 Extending Optimization s Reach 2015 Vision Asset Optimization Process Optimization Process Modeling & Simulation MIT ASPEN Project Aspen Technology, Inc. All rights reserved. 7

8 Asset Optimization Running to the limits of performance OPERATE Asset Lifecycle MAINTAIN Driving uptime with actionable insights Pushing the boundaries of what s possible DESIGN A comprehensive, holistic approach to achieve the highest possible financial return over the entire asset lifecycle Aspen Technology, Inc. All rights reserved. 8

9 Losses $1.4T From unplanned downtime National Association of Manufacturers, Aspen Technology, Inc. All rights reserved. 9

10 Securing Our Technology Leadership Position Recent Acquisitions JUNE 2016 Fidelis Group and its asset reliability software SEPTEMBER 2016 ProMV multivariate analytics technology from ProSensus OCTOBER 2016 Mtell and its predictive and prescriptive maintenance technology APRIL 2017 Operator Training Simulator (OTS) software from Inprocess DECEMBER 2017 Cloud-based software and edge connectivity assets from RtTech Software Inc. FEBRUARY 2018 Apex Optimisation and its Generic Dynamic Optimisation Technology (GDOT) 2018 Aspen Technology, Inc. All rights reserved. 10

11 Asset Optimization Harnesses Enabling Technologies Mobility High-Performance Computing Cloud IIoT Connectivity and the Edge Search and Pattern Recognition 3D Visualization Augmented Reality Machine-Learning Analytics Cybersecurity 2018 Aspen Technology, Inc. All rights reserved. 11

12 Asset Optimization IIoT Strategy From the Edge to the Enterprise EDGE ASPEN CONNECT ENTERPRISE BUSINESS SOLUTIONS Remote Assets Aspen Edge Connect Aspen Portal Portal Applications Edge Connectivity & Cleansing Private/Public Cloud aspenone APM Solutions Edge Monitoring & Analytics Aspen Cloud Connect or On-Premise aspenone MSC Solutions Plant Assets Connectivity & Cleansing Aggregated asset data store for advanced analytics and asset optimization aspenone Engineering Solutions Edge Monitoring & Analytics Additional Business Solutions CAPTURE LOCAL / EDGE ANALYTICS ORGANIZE PREDICT & PRESCRIBE IMPLEMENT 2018 Aspen Technology, Inc. All rights reserved. 12

13 VIDEO 2018 Aspen Technology, Inc. All rights reserved. 13

14 Asset Performance Management and IIoT Success Criteria DATA AI-ML MULTI-VARIATE ANALYTICS DEEP PROCESS EXPERTISE DATA MANAGEMENT ANALYTICS SOLUTION DOMAIN KNOWLEDGE PREDICTIVE AND PRESCRIPTIVE ACTIONABLE INSIGHTS 2018 Aspen Technology, Inc. All rights reserved. 14

15 Asset Optimization in Action Engineering Performance Engineering PUSHING ASSET DESIGN Manufacturing Optimum Operations & Supply Chain OPTIMIZING ASSET OPERATIONS Asset Maximum Performance Reliability Management DRIVING ASSET UPTIME R&D/Conceptual Engineering Basic Engineering Pushing the Boundaries of What s Possible Equipment Engineering Debottlenecking & Upgrades Planning Long-term Forecasting & Planning Production Planning & Scheduling Running to the Limits of Performance Manufacturing Operations Management Dynamic Optimization & Advanced Control Predictive & Prescriptive Analytics Reliability Management Driving Uptime Through Actionable Insights Maintenance Strategy 2018 Aspen Technology, Inc. All rights reserved. 15

16 Prescriptive Insight Through Low-Touch Machine Learning 2018 Aspen Technology, Inc. All rights reserved. 16

17 Observations on the IIoT Space Early days of a nascent market ARC conference on February 2018: 854 AI/analytics companies IHS Markit on March 2018: 300 IoT platforms developed or in development Confusion and marketing hype Analytics capabilities and IoT platforms intertwined Stated IIoT success criteria will separate winners from losers Speed-to-market and market penetration Established successful players have an advantage if successfully execute on IIoT strategy 2018 Aspen Technology, Inc. All rights reserved. 17

18 We believe that optimizing asset performance in complex, industrial environments makes the best companies even better. Software and insights that run assets faster, safer, longer and greener Aspen Technology, Inc. All rights reserved. 18