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CSX Supplier Innovation Award Recognizes AspenTech's Mtell for Prescriptive Maintenance SolutionsAspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to industry, today announced that Mtell, the recently acquired pioneer of prescriptive analytics for maximizing asset availability, has received the 2016 CSX Supplier Innovation Award. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170124005828/en/ Paul Rahilly, Former Mtell Chief Executive Officer, AspenTech Senior Director, Product Management and Gerhard Williams, CSX Vice President of Mechanical Engineering (Photo: Business Wire) CSX Corporation, a premier transportation services provider based in Jacksonville, Florida, recognized Mtell as a select supplier delivering extraordinary value and productivity, saving the company millions of dollars in costly downtime. Mtell prescriptive maintenance functionality helps CSX identify potential locomotive issues by analyzing large volumes of real-time and historical operational and maintenance data to detect anomalous behavioral patters. By automating the detection of potential problems and prescribing corrective actions, the solution helps firms quickly identify and rapidly respond to early indicators of potential failures, significantly improving asset utilization. AspenTech's asset performance management solutions use a systems approach to accurately predict equipment and process failures, precisely understand when and why the failure will occur, and offer prescriptive recommendations to optimize business decisions from a design, operations and maintenance perspective.
Supporting Quotes
Paul Rahilly, Former Mtell Chief Executive Officer, AspenTech Senior
Director, Product Management
Mike Jensen, President, 4Atmos Technologies LLC
About AspenTech © 2016 Aspen Technology (News - Alert), Inc. AspenTech, aspenONE, the Aspen leaf logo, and OPTIMIZE are trademarks of Aspen Technology, Inc. All rights reserved. All other trademarks are property of their respective owners. View source version on businesswire.com: http://www.businesswire.com/news/home/20170124005828/en/ |