BEDFORD, Mass .– (BUSINESS WIRE) –Aspen Technology, Inc. (NASDAQ: AZPN), a leading global provider of asset optimization software, today announced that Evolution Mining, a leading Australian gold mining company, Aspen Mtell Software in the company’s Mungari Gold Operations in Western Australia to minimize unplanned downtime and provide information to support productivity improvements.
Greg Walker, General Manager of Evolution Mining Mungari, said, “Evolution’s Data Enabled Business Improvement (DEBI) program has achieved excellent results over the past several years. With this new technology, Mungari Gold Operations can achieve further productivity improvements through increased system availability. ”
Evolution Mining took a rigorous offline approach to test the Aspen Mtell software on multiple devices at two of its key assets (locations) before making the decision to go online (live mode). The software analyzes historical and real-time O&M data to identify the exact fault signatures that precede asset deterioration and failure, predict future failures, and prescribe detailed measures to mitigate or resolve problems through predictive and prescriptive maintenance.
Jeannette McGill, Vice President and General Manager, Metals and Mining, Aspen Technology, added, “Asset Performance Management helps clients stay one step ahead in the maintenance phase of the asset lifecycle. We are pleased that Evolution Mining has partnered with Aspen Technology and selected Aspen Mtell to support the company’s strategy to reduce costs by improving productivity. ”
About Aspen technology
Aspen Technology (AspenTech) is a leading global provider of plant optimization software. Its solutions are aimed at complex, industrial environments where it is critical to optimize plant design, operation and maintenance lifecycle. AspenTech uniquely combines decades of expertise in process modeling with artificial intelligence. The specially developed software platform automates the knowledge work and creates a sustainable competitive advantage by delivering high returns over the entire life cycle of the system. This enables companies in capital-intensive industries to maximize uptime and push performance limits by making their plants safer, greener, longer and faster. visit AspenTech.com to find out more.
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