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Aspen Technology, Inc. announced the availability of the Aspen Mtell prescriptive maintenance software, which runs on SAP HANA. The solution provides customers with a rapidly deployed, low-touch machine learning solution that reportedly accurately predicts impending equipment failures. The Aspen Mtell solution is now listed on SAP App Center, the digital marketplace for SAP partner offerings.
In conjunction with this announcement Aspen Technology also announced that it has joined the SAP PartnerEdge program as a partner that designs, develops and builds software using the SAP HANA platform.
Without dependence on first-principle models and armies of consultant engineers and data scientists, Aspen Mtell software on the SAP HANA platform is quickly deployed and reportedly can produce results in as little as two weeks. The solution predicts future asset failures with fewer false alarms, and with enough lead time to optimize operations and maintenance decisions and avoid unplanned asset downtime. It provides predictive and prescriptive analytics to avoid or resolve problems quickly, consistently and safely.
As an SAP partner in SAP PartnerEdge, AspenTech is empowered to build, market and sell software applications on top the technology platforms from SAP. The end-to-end program provides the enablement tools, benefits and support to facilitate building high-quality, disruptive applications focused on specific business needs – quickly and cost-effectively. The program provides access to relevant SAP software in one simplified framework under a single, global contract, including the ability to bundle licenses of SAP Cloud Platform with partner applications.