- Combined capabilities drive production performance, energy
efficiency and emissions management, supporting utility grid
orchestration across industries
LONDON, Nov. 27, 2023 /PRNewswire/ -- The EY
organization today announces an alliance between Aspen Technology,
Inc. (NASDAQ: AZPN), a global leader in industrial software, and
Ernst & Young LLP (EY US). The alliance will help clients in
industrial and energy markets meet the demand for resources while
also achieving sustainability targets across industries, including
power and utilities, oil and gas, chemicals and advanced materials,
industrial products, and mining and metals sectors.
The alliance combines EY technology and services with
AspenTech's solutions for optimizing supply chains, improving asset
lifecycles, tax capabilities, managing emissions reduction and
energy efficiency, and supporting utility grid orchestration. With
this full suite of capabilities, organizations can quickly and
effectively navigate the energy transition and embrace the rise of
renewable energy, while increasing operational profitability,
modernizing grid management and reducing their carbon
footprint.
Sam Johnson, EY Americas Vice
Chair, Markets and Accounts, says:
"The EY–AspenTech Alliance provides new and complementary
capabilities to support businesses in meeting their value-led
sustainability goals with the power of digitization.
This collaboration with AspenTech will help organizations
drive improved production performance, energy efficiency, and
emissions management across industries."
Antonio Pietri, Chief Executive
Officer, AspenTech, says:
"To help customers most effectively navigate the energy
transition and the challenges of ensuring energy security,
AspenTech is building an extensive ecosystem to help scale critical
innovations in areas such as digital grid management. We're excited
to work with EY US to help these asset-intensive industries
accelerate adoption of digital solutions to achieve their
sustainability, profitability and resilience goals."
For more information, visit ey.com/alliances.
About EY
EY exists to build a better working world,
helping to create long-term value for clients, people and society
and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150
countries provide trust through assurance and help clients grow,
transform and operate.
Working across assurance, consulting, law, strategy, tax and
transactions, EY teams ask better questions to find new answers for
the complex issues facing our world today.
EY refers to the global organization, and may refer to one or
more, of the member firms of Ernst & Young Global Limited, each
of which is a separate legal entity. Ernst & Young Global
Limited, a UK company limited by guarantee, does not provide
services to clients. Information about how EY collects and uses
personal data and a description of the rights individuals have
under data protection legislation are available via ey.com/privacy.
EY member firms do not practice law where prohibited by local laws.
For more information about our organization, please visit
ey.com.
This news release has been issued by EYGM Limited, a member of
the global EY organization that also does not provide any services
to clients.
About AspenTech
Aspen Technology, Inc. (NASDAQ: AZPN)
is a global software leader helping industries at the forefront of
the world's dual challenge meet the increasing demand for resources
from a rapidly growing population in a profitable and sustainable
manner. AspenTech solutions address complex environments where it
is critical to optimize the asset design, operation and maintenance
lifecycle. Through our unique combination of deep domain expertise
and innovation, customers in asset-intensive industries can run
their assets safer, greener, longer and faster to improve their
operational excellence. To learn more, visit
https://www.aspentech.com/.
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content:https://www.prnewswire.co.uk/news-releases/ey-announces-alliance-with-aspen-technology-to-support-clients-sustainability-initiatives-improve-manufacturing-operations-and-modernize-utility-grids-301996240.html