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Corporate Majority - P2P | IPO

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About AspenTech

AspenTech (NASDAQ: AZPN) supplies software and services that optimize process manufacturing for energy, chemicals, pharmaceuticals, engineering, and construction, and other industries that manufacture and produce products from a chemical process. It was founded in 1981 and is based in Bedford, Massachusetts.

Headquarters Location

20 Crosby Drive

Bedford, Massachusetts, 1730,

United States


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Research containing AspenTech

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CB Insights Intelligence Analysts have mentioned AspenTech in 1 CB Insights research brief, most recently on Jun 22, 2022.

Expert Collections containing AspenTech

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

AspenTech is included in 1 Expert Collection, including Advanced Manufacturing.


Advanced Manufacturing

4,564 items

Companies focused on the technologies to increase manufacturing productivity, ranging from automation & robotics to AR/VR to factory analytics & AI, plus many more.

AspenTech Patents

AspenTech has filed 47 patents.

The 3 most popular patent topics include:

  • Chemical processes
  • Classification algorithms
  • Machine learning
patents chart

Application Date

Grant Date


Related Topics




Regression analysis, Machine learning, Regression models, Classification algorithms, Design of experiments


Application Date


Grant Date



Related Topics

Regression analysis, Machine learning, Regression models, Classification algorithms, Design of experiments



Latest AspenTech News

Asset Performance Management (APM) Market 2023 Next Big Thing : Major Giants - GE, Schneider Electric, Bentley Systems, AspenTech, ABB, Nexus Global, SAP, IBM, UpKeep, Oracle, Siemens, Infor etc.

May 26, 2023

Global Asset Performance Management (APM) Market Insights and Analysis - Asset Performance Management (APM) market 2023-2029 delivers a comprehensive overview of growth rate, industry size, market share, recent technology, new developments, and trends update. This report also covers a detailed study of geographical regional segments, market dynamics, ongoing trends, drivers, restraints, and challenges faced in the industry. The report also focuses on global major leading industry players of the global Asset Performance Management (APM) market providing information such as company profiles, product pictures and specifications, price, cost, revenue, and contact information. From a global perspective, this report represents the overall Asset Performance Management (APM) market size by analyzing historical data and future prospects. Furthermore, the report added compelling business systems, deals income, CAGR status, and SWOT investigation. It also covers industry segmentations (Manufacture, Type, Applications, and Geographical Regions) with value and volume. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Asset Performance Management (APM) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Asset Performance Management (APM) market in terms of revenue. Global Asset Performance Management (APM) Market Size in 2023 - Competitive Landscape As the market is constantly evolving, the report explores the competition, supply, and demand trends and key factors that contribute to the changing demands of the market across various regions. The report includes company profiles and product examples of selected competitors, along with market share estimates of some of the leading companies for the year 2023. This report can be a valuable tool for businesses seeking to expand their market reach by targeting niche markets and understanding the dynamics of the Asset Performance Management (APM) industry. COVID-19 Impact on the Asset Performance Management (APM) Market - The Covid-19 pandemic has significantly impacted the global economy, including the Asset Performance Management (APM) market. With the sudden lockdowns and social distancing measures enforced globally, various industries and businesses have been severely affected, leading to a decline in demand for certain products and services. The Asset Performance Management (APM) market is no exception, and it has also witnessed a decline in demand during the pandemic. The pandemic has affected the supply chain and disrupted manufacturing processes, leading to a shortage of raw materials and a delay in product delivery. This situation has caused a decline in production levels and sales of Asset Performance Management (APM) products. Furthermore, the uncertainty caused by the pandemic has led to a decrease in consumer spending, which has further impacted the Asset Performance Management (APM) market. However, the Asset Performance Management (APM) market has also witnessed an increase in demand in some sectors, such as healthcare and e-commerce, due to the pandemic. Asset Performance Management (APM) Market Segmentation - The Asset Performance Management (APM) Market is segmented by type and application, providing accurate consumption value calculations and forecasts for both volume and value between 2016 and 2029. This insightful analysis can assist in identifying and targeting specialized niche markets, aiding in business expansion efforts. Additionally, the report includes detailed segment data, such as type, industry, and channel, covering the period from 2016 to 2022, with forecast data extending to 2029. The Global Asset Performance Management (APM) Market is segmented according to product type, product application, and region, with varying segmentations across different industries. Furthermore, the report highlights the market growth across different regions globally, including country-specific consumption and market size for the Asset Performance Management (APM) Market. Asset Performance Management (APM) Market Segmentation by Type: Asset Integrity Management Regions and Countries Level Analysis - Top Countries Data The report on the global Asset Performance Management (APM) market includes a thorough analysis of the regional landscape, which offers a comprehensive overview of the sales growth in various regional and country-level markets. The study presents a detailed and precise volume analysis of each country and a comprehensive market size analysis of each region in the global Asset Performance Management (APM) market. Asset Performance Management (APM) Market Segmentation by Region - North America (United States, Canada, and Mexico) Europe (Germany, UK, France, Italy, Russia, Spain, etc.) Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc.) South America (Brazil, Argentina, Colombia, etc.) Middle East & Africa (South Africa, UAE, Saudi Arabia, etc.) Global Asset Performance Management (APM) Market Drivers and Restraints - Increased competition: The global Asset Performance Management (APM) market is becoming increasingly competitive, with more businesses vying for the attention of consumers through digital advertising. This competition is both a driver and a restraint, as companies try to gain an edge over their rivals. Technological advancements: The development of new technologies, such as machine learning algorithms and natural language processing, is driving innovation in the Asset Performance Management (APM) market. However, the pace of technological change can also be a restraint, as businesses struggle to keep up with new trends and tools. Changing consumer behavior: As consumer behavior shifts towards online shopping and mobile devices, the importance of Asset Performance Management (APM) targeting has grown. However, changing consumer preferences can also be a restraint, as businesses try to adapt to evolving trends and customer demands. Regulatory challenges: The Asset Performance Management (APM) market is subject to a range of regulations and restrictions, particularly in the areas of data privacy and online advertising. These regulations can be a restraint, as businesses try to navigate complex legal requirements and avoid potential penalties. Economic factors: The global economy plays a significant role in the Asset Performance Management (APM) market, with factors such as inflation, exchange rates, and consumer spending all impacting demand for digital advertising. Economic factors can be both a driver and a restraint, depending on the prevailing conditions in different markets. Emerging markets: The growth of emerging markets, particularly in Asia and Africa, presents both opportunities and challenges for the Asset Performance Management (APM) market. These markets offer significant growth potential but also require businesses to adapt their strategies to local languages, cultures, and consumer preferences. Industry consolidation: The Asset Performance Management (APM) market is characterized by a large number of players, from small agencies to multinational corporations. However, there is a trend towards industry consolidation, as larger companies acquire smaller ones or merge with rivals. This consolidation can be a driver, as companies seek to gain market share and improve efficiency, but it can also be a restraint, as smaller businesses struggle to compete against larger rivals. Key Reasons to Buy this Report: Comprehensive analysis of the Asset Performance Management (APM) market, providing valuable insights into the industry. In-depth examination of the market's product scope, opportunities, driving forces, and risks. Detailed profiling of the top Asset Performance Management (APM) manufacturers, including their sales, revenue, and global market share. Analysis of the competitive landscape of the Asset Performance Management (APM) market, including sales, revenue, and global market share of top manufacturers. Regional and country-level analysis of Asset Performance Management (APM) sales, revenue, and growth, providing a comprehensive understanding of the market's performance. Market segmentation by type and application, with sales market share and growth rate for each segment. Forecast of Asset Performance Management (APM) market performance by region, type, and application, from 2023 to 2029. Identification of sales channels, distributors, and customers, along with research findings and conclusion, appendix, and data source. Valuable insights and recommendations for businesses and investors looking to expand into the Asset Performance Management (APM) market. Purchase this report (Price 2900 USD for single user license) - Table of Content - 2.2 Asset Performance Management (APM) Growth Trends by Region 2.2.1 Global Asset Performance Management (APM) Market Size by Region: 2018 VS 2022 VS 2029 2.2.2 Asset Performance Management (APM) Historic Market Size by Region (2018-2023) 2.2.3 Asset Performance Management (APM) Forecasted Market Size by Region (2024-2029) 2.3 Asset Performance Management (APM) Market Dynamics 2.3.1 Asset Performance Management (APM) Industry Trends 2.3.2 Asset Performance Management (APM) Market Drivers 2.3.3 Asset Performance Management (APM) Market Challenges 2.3.4 Asset Performance Management (APM) Market Restraints 3 Competition Landscape by Key Players Continued...!! About Us - Market Reports World is the Credible Source for Gaining the Market Reports that will provide you with the Lead Your Business Needs. The market is changing rapidly with the ongoing expansion of the industry. Advancement in technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of market movements in order to strategize better. An efficient strategy offers the companies a head start in planning and an edge over the competitors.

AspenTech Frequently Asked Questions (FAQ)

  • When was AspenTech founded?

    AspenTech was founded in 1981.

  • Where is AspenTech's headquarters?

    AspenTech's headquarters is located at 20 Crosby Drive, Bedford.

  • What is AspenTech's latest funding round?

    AspenTech's latest funding round is Corporate Majority - P2P.

  • How much did AspenTech raise?

    AspenTech raised a total of $210M.

  • Who are the investors of AspenTech?

    Investors of AspenTech include Emerson, Advent International, Pine Ridge Financial, Highbridge Capital Management, SMALLCAP World Fund and 5 more.

  • Who are AspenTech's competitors?

    Competitors of AspenTech include Fluence Analytics, UptimeAI, Geminus.AI, Tignis, Seebo and 10 more.

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