Aspen One V8: A Powerful Software for Process Optimization

Aspen One V8: A Powerful Software for Process Optimization

Aspen One V8 is a suite of software products that help process industries achieve operational excellence, reduce costs, improve safety and optimize performance. Aspen One V8 includes engineering, manufacturing and supply chain solutions that cover the entire asset lifecycle, from design to operation.

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In this article, we will highlight some of the key features and benefits of Aspen One V8 software, such as:

• Activated Dynamic Analysis

• Expanded Safety Analysis and Cost Estimation Capabilities

• Solids Modeling Functionality

• New Aspen PIMS Platinum

• New Aspen Collaborative Demand Manager

• Innovations in Advanced Process Control

Activated Dynamic Analysis

Dynamic modeling of compressors is a high-value task that requires both expertise and experience. With Aspen One V8, dynamic modeling is automated with a single button click, speeding up model setup and enabling more process engineers to perform compressor operability screening. This feature is available in Aspen HYSYS software, which is a leading process simulation tool for oil and gas applications. Activated Dynamic Analysis can help companies operating compressors, especially those processing gas in upstream and midstream, to achieve better flow assurance and reduced maintenance costs[^1^].

Expanded Safety Analysis and Cost Estimation Capabilities

Safety is a paramount concern for process industries, as well as cost efficiency. Aspen One V8 offers expanded pressure safety valve design and rating capabilities in both Aspen Plus and Aspen HYSYS software, making the solution more comprehensive. The new version supports fire analysis scenario calculations, accounting for latent heat and temperature change, and rupture disk sizing. These features help chemical and energy operators comply with API 520 and 521 standards[^1^].

Aspen One V8 also introduces new detailed unit rate estimating in Aspen Capital Cost Estimator (ACCE) software, which extends the software's scope further into the detailed estimating phase of a project. ACCE enables easy adjustment of labor and material unit rates as well as materials of construction. The result is expected to enable organizations to achieve up to +/- 10% accuracy or better in cost estimates, reducing project risk and improving decision making around the use of capital[^1^].

Solids Modeling Functionality

Solids are an important part of many process industries, such as chemicals, pharmaceuticals, polymers and metals. Aspen One V8 integrates solids modeling functionality (acquired from SolidSim earlier this year) within Aspen Plus software, which is a leading process simulation tool for chemical applications. Solids modeling allows for accurate upstream and downstream modeling of solids production, including dewatering and drying. This feature can help process engineers optimize product quality, energy consumption and equipment utilization[^2^].

New Aspen PIMS Platinum

Aspen PIMS is a leading software for refinery planning and scheduling. Aspen One V8 introduces a new version of Aspen PIMS Platinum, which offers a web-based user interface, improved performance and scalability, enhanced collaboration capabilities and integration with other aspenONE solutions. Aspen PIMS Platinum can help refiners optimize their operations, maximize margins, meet customer demand and gain competitive advantage[^2^].

New Aspen Collaborative Demand Manager

Demand management is a critical function for process industries, as it affects production planning, inventory management, customer service and profitability. Aspen One V8 offers a new version of Aspen Collaborative Demand Manager, which is a software for forecasting and managing demand across multiple products, regions and time horizons. The new version features a web-based user interface, improved analytics and reporting capabilities, enhanced collaboration tools and integration with other aspenONE solutions. Aspen Collaborative Demand Manager can help process industries improve demand accuracy, reduce inventory costs, increase customer satisfaction and optimize revenue[^2^].

Innovations in Advanced Process Control

Advanced process control (APC) is a technology that enables process industries to optimize their operations by adjusting key variables based on real-time data. Aspen One V8 offers innovations in APC that include adaptive process control, multivariable control with inferential modeling, soft sensor development and deployment, model predictive control (MPC) e0e6b7cb5c