AspenTech Acquires Inmation Software, Strengthens Ability to Help Customers

Photo Credit: Thinkstock Photos

Aspen Technology, Inc., a provider of industrial software, has acquired Inmation Software GmbH, a provider of industrial real-time information management. With this acquisition, AspenTech says it is positioned to help capital-intensive organizations integrate, manage and contextualize their industrial data. This provides companies with a means make critical business decisions, bringing customers closer to meeting their profitability and sustainability goals while driving digital transformation.

Scalable software from Inmation adapts to the needs of its customers by connecting an organization’s industrial data from various data sources, from plant-level historians to enterprise systems, to create a real-time industrial data infrastructure. Combined with AspenTech’s existing portfolio, including plant-level solutions and AspenTech’s connectivity and artificial intelligence (AI) capabilities, the integration of Inmation’s technology is intended to create an enterprise-wide data infrastructure. Equipped with secure access and connectivity, customers can bring order to their data and gain business insight from their industrial data safely and cost effectively, according to the company.

“Capital-intensive industries are critically in need of a scalable solution to harness their huge amounts of industrial data to become efficient and sustainable in every area of their operations,” says Nicole Rennalls, VP and general manager, AspenTech’s industrial data business unit, AIoT. “With connected, actionable industrial data, Inmation and AspenTech customers can pursue digitalization journeys that help them address the dual challenge of meeting the resource demands of a growing population with an increasing standard of living, in a sustainable way.”

“IT/OT collaboration is top of mind for our customers’ digital transformation strategies,” says Timo Klingenmeier, founder, Inmation. “By joining AspenTech, we can deliver the technology, scale and resources to help capital-intensive industries bring both functions together to elevate OT data to the enterprise level and unlock meaningful insights across the organization.”