Aspen Technology

AZPN · NASDAQ

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About AZPN

Aspen Technology, Inc. engages in the development of software applications for asset performance and management monitoring. The company is headquartered in Bedford, Massachusetts and currently employs 3,937 full-time employees. The firm develops solutions to address complex industrial environments where it is critical to optimize the asset design, operations and maintenance lifecycle. Through its unique combination of domain expertise and innovation, customers in asset-intensive industries can run their assets safer and greener to improve their operational excellence. Its businesses include Heritage AspenTech, Digital Grid Management, and Subsurface Science & Engineering Business. Its portfolio includes performance engineering (ENG), manufacturing and supply chain (MSC), asset performance management (APM), digital grid management (DGM), subsurface science & engineering (SSE), and industrial data fabric. Its products include Aspen Mtell, Aspen Fidelis, Aspen ProMV, Aspen Process Pulse, Aspen Unscrambler, Aspen DMC3, Aspen GDOT, and Aspen PIMS-AO, among others.

Employees: 1,187
Headquarters: Bedford, Massachusetts
Listed: Oct 26, 1994
Sector: Information Technology
Industry: Software
Website: aspentech.com

Leadership

Aspen Technology executives
Name	Title	Since	Age
Jill Smith	—	—	—
Antonio Pietri	—	2007	56
Chantelle Breithaupt	—	—	49
John Hague	—	—	62
Frederic Hammond	—	—	61
Manish Chawla	—	—	49
Thomas Bradicich	—	—	63
Donald Casey	—	—	74
Karen Golz	—	—	67
Adriana Karaboutis	—	—	59
Georgia Keresty	—	—	60
Robert Whelan	—	—	68
R. Halsey Wise	—	—	56

Revenue by product and region

Fiscal year ended Jun 30, 2023: $1.04B total revenue

By product

License and solutions$669.18M64.1%
Maintenance$316.91M30.4%
Services and other$58.08M5.6%

By region

North America$387.80M37.1%
Europe$275.70M26.4%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Aspen Technology suppliers and customers
Company	Relationship	Country	Correlation
Fluor FLR	Supplier and customer	US	0.61
ICT Group N.V. ICT.AS	Supplier and customer	NL	0.50
Cognizant Tech A CTSH	Supplier	US	0.43
L&T Technology Services	Supplier and customer	IN	0.38
Larsen & Toubro Infotech	Supplier and customer	IN	0.36
Accenture A ACN	Supplier and customer	IE	0.28
WSP Global WSP.TO	Supplier and customer	CA	0.28
Subsea 7 SUBC.OL	Supplier	GB	0.27
ATS Automation Tooling Systems ATA.TO	Customer	CA	0.14
ENGIE ENGI.PA	Supplier and customer	FR	0.11

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