CIMdata PLM Industry Summary Online Archive
14 October 2008
Product News
AspenTech’s Patented aspenONE Master Data Model Delivers Asset Lifecycle Management
Aspen Technology, Inc. announced a recently issued patent covering key aspects of the aspenONE Master Data Model. The Master Data Model which is integrated within the aspenONE suite of applications makes end-to-end asset lifecycle management a reality. The aspenONE Master Data Model provides one enterprise view of process data associated with Engineering design and Manufacturing Supply Chain operations and is integrated with DCS and ERP systems through a vendor neutral interface.
-- aspenONE's Master Data Model is a federated data model designed specifically for the process industries. By integrating once to the Master Data Model, 3rd party applications are connected to all aspenONE applications. This simplifies data integration and optimizes the value of ERP and other transaction-based systems.
-- The "enter once - share by all" model allows process design and operating data to be stored, shared and used by design, optimization and decision support applications for true end-to-end asset lifecycle management.
-- By using a unified data platform and a common interface, aspenONE makes it easier to:
• Reliably increase enterprise agility by improving data accuracy and utilization across business functions.
• Support continuous process improvement by connecting real-time plant information to engineering design for rigorous monitoring of performance.
• Decrease time to market and capital costs by electronically storing and managing as-designed, as-built and as-operated plant information.
-- aspenONE's Master Data Model conforms to SOA, which enables the aspenONE suite of applications to adhere to industry standards such as S95, ISO 15926, B2MML and Open O&M (Operations and Maintenance).
-- AspenTech's recently released aspenONE V7 software includes an integrated basic engineering environment that is supported by aspenONE's Master Data Model. This provides global engineering teams fast access to project data for round-the-clock execution, making it easier for process industry companies to adopt the 7 Best Practices of Engineering Excellence.
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