AspenTech enters hybrid modelling era
CEO Antonio Pietri discusses his lighthouse pilot for hybrid modelling capabilities
Aspen Technology (AspenTech), founded 38 years ago, was part of the first generation of entrepreneurial software firms that identified an opportunity in the spiraling volume of data being created in the industrial process industries. As digitalisation progressed from its beginnings in the 1970s and accelerated through the 1980s and 1990s, it developed applications from advanced process control (APC) to real-time management for refining. It is dedicated to supporting firms with their digital transformation and optimising assets. Antonio Pietri has been the president and CEO of AspenTech since 2013. From a background in chemical engineering, he has worked at ABB Simcon before taking a positio
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy






