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
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
