Microsoft and AspenTech have developed a new joint solution that helps our customers unlock value from their industrial data by integrating Microsoft Fabric and AspenTech Inmation™.

We have launched this joint solution because we know that our customers are digitally transforming their operations to be more resilient in today’s fast-moving world. Part of this process involves real-time data integration from disparate devices, data sources, applications and plants.

 

The Microsoft Fabric and AspenTech Inmation Solution

The new solution includes the integration of AspenTech Inmation, a centralized data management system that allows for the ingestion, processing, augmentation and storage of diverse data with Microsoft Fabric, an all-in-one analytics solution for enterprises that addresses data movement, data science, real-time analytics and business intelligence. The result enables customers to streamline the process of collecting, organizing and analyzing data from various sources.

 

 

The Microsoft Fabric architecture helps bring together data from heterogeneous sources and transform it using machine learning to uncover patterns. This provides a holistic picture of the business with the ability to explore and analyze trusted, governed data so that actionable insights that improve the business are possible.

 

 

AspenTech Inmation empowers teams from the plant floor to the executive suite by offering data consumers the ability to ingest, process, store and analyze various types of data. AspenTech Inmation enables the integration of diverse IT/OT data sources, empowering enterprise use cases. To achieve this, the crucial elements include the system's extensibility, flexibility, aggregation and contextualization capabilities.

Use Cases

AspenTech and Microsoft’s longstanding collaboration helps customers advance their digital transformation journeys and achieve new levels of operational performance and sustainability progress. These use cases illustrate a few examples of how AspenTech solutions and Microsoft Fabric are helping customers today.

• Oil Derivative Trading: The trading of oil and its derivatives is a hugely lucrative venture. Traders use Aspen Unified PIMS™ to model upstream and downstream assets in the company or region. With this model, traders can analyze myriad scenarios and develop a playbook of responses to future situations, for example, by calculating target prices to buy and sell derivatives. AspenTech Inmation transforms data into Microsoft Fabric to enable integration such as with pricing or logistics databases and commercial trading and risk management (CRTM) systems.
  
  
• Value Chain Optimization: Value chain optimization is ripe with opportunities for improving profit margins and sustainability, but it requires data from many parts of the business, such as upstream and downstream operations, supply chain and commercial systems. Presently, planners and schedulers in the value chain cannot determine the best course because of the lack of visibility to important data – such as verifiable costs – therefore, they have no way to know whether one option is better than another. Big data with AspenTech Inmation and Microsoft Fabric is a game changer – unlocking opportunities and empowering supply chain experts with data to make optimal decisions.
  
  
• CO2 Emissions Monitoring and Reduction: Energy companies hold a pivotal role in reducing emissions and big data enables enterprise-wide monitoring and management of emissions sources in real-time. AspenTech solutions for a CO2 decision support system to better track, report and model their entire organization’s CO2 with daily cadence. Using Aspen Technology solutions to identify and monitor emissions in real-time with AspenTech Inmation, data is integrated with Microsoft Fabric to help meet sustainability goals.
  
  
• Production Planning Analytics: A refining company uses Aspen Unified PIMS for production planning to determine how best to manufacture its products. The results may have thousands of variables and hundreds of scenarios with complex mathematical relationships. By migrating the data to Microsoft Fabric, AI is applied to generate meaningful conclusions and help users leverage the data to make better business decisions.

 

Working together, AspenTech Inmation and Microsoft Fabric are helping customers to save time and:

• Break down data silos and achieve consistency across integrated environments using metadata management, semantic knowledge graphs and machine learning.
• Create a holistic view of the business to give business users, analysts and data scientists the power to find relationships across systems.
• Maximize the power of hybrid cloud and reduce development and management time for integration design, deployment and maintenance by simplifying the infrastructure configuration.
• Simplify processes for business users to explore and analyze data without relying on IT.
• Improve efficiency by automating tasks such as aligning schellma to new data sources and profiling datasets.

For more information about how our solutions are helping companies today, go to www.aspentech.com/microsoft or watch the “Streamlining Data with Microsoft Fabric and AspenTech Inmation™” on-demand webinar found here.