Frost & Sullivan Names AspenTech Enterprise Optimization Company of the Year

31-May-2005

Frost & Sullivan presented Aspen Technology, Inc. with the 2005 Enterprise Optimization Company of the Year Award at third annual Excellence in Industrial Technologies Banquet. Frost & Sullivan presents this Award to the company that has demonstrated excellence in all areas of operations - business development, competitive strategy, and market leadership. The Award also recognizes positive impact on customer operations across the enterprise; application of technology to industry-specific challenges; and exceptional customer service, which is crucial to achieving enterprise success.

AspenTech, a world-class provider of software solutions and professional services to the process industries, receives the Award in recognition of its ability to translate deep process modeling and industry expertise into solutions that help customers manage and optimize their operational performance.

"Superlative customer satisfaction ratings indicate that AspenTech has winning solutions along with an unrivalled ability to implement them globally," notes Frost & Sullivan research manager, Sathyajit Rao. "Its ability to understand customer requirements, develop solutions to enable enterprise-wide optimization, and consistently deliver on customer promises truly qualifies AspenTech as the recipient of the Company of the Year Award in the enterprise optimization space."

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