Aspen Technology, Inc., together with its subsidiaries, develops and supplies integrated software and services that enable the process industries to design, operate, manage, and optimize their business processes. Its software applications utilize proprietary empirical models of chemical manufacturing processes to enhance plant and process design, economic evaluation, production, production planning and scheduling, supply chain optimization, and operational performance. The company's aspenONE product provides engineering, plant operations, and supply chain management software applications. Its engineering products include Aspen Plus, Aspen HYSYS, Aspen Capital Cost Estimator, HTFS, and Aspen Basic Engineering that help in designing and improving plants and processes, as well as to model and improve the way to develop and deploy manufacturing assets. The company's plant operation products comprise Aspen InfoPlus.21 for production management and execution; and Aspen DMCplus for process control. Its supply chain management products include Aspen Inventory Management & Operations Scheduling, Aspen Petroleum Supply Chain Planner, and Aspen Retail for supply and distribution; and Aspen PIMS, Aspen Petroleum Scheduler, Aspen Olefins Scheduler, Aspen Plant Scheduler, Aspen Supply Planner, and Aspen Collaborative Demand Manager for planning and scheduling. The company also provides maintenance and training services for customer technical support and access to software fixes and upgrades; and professional services. It serves various process industries, such as oil and gas, petroleum, chemicals, pharmaceutical, and other industries that manufacture and produce products from a chemical process. The company offers its products and services principally in the United States and Europe. Aspen Technology, Inc. was founded in 1981 and is headquartered in Burlington, Massachusetts.The staff at Aspen Technology come from unusually diverse demographic backgrounds. The company is 37.2% female and 37.8% ethnic minorities. Despite its diversity in other areas, Aspen Technology employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 71.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Aspen Technology has great employee retention with staff members usually staying with the company for 4.1 years.The average employee at Aspen Technology makes $79,149 per year. Pay at Aspen Technology is significantly lower than some of its highest paying competitors, like Workday, Infoblox, and Cadence Design Systems, which pay $125,723, $124,726, and $115,840, respectively.A large technology company with 1,466 employees and an annual revenue of $709.4M, Aspen Technology is headquartered in Bedford, MA.
Aspen Technology's mission statement
Ensure the highest level of customer success, satisfaction, and loyalty by providing unparalleled services to our customers so that they not only are eager to continue to do business with AspenTech but also encourage others to do so as well.
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4.3/5
Aspen Technology employee reviews
Based on 4 ratings
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Help job seekers learn about working at Aspen Technology
Learning new development strategies and technologies.
Cons of working at Aspen Technology
Clicky work environment
Aspen Technology benefits
Paid to gain knowledge
Is this useful?
5.0
A zippia user wrote a review on Jul 2021
Pros of working at Aspen Technology
Working directly with the owner was great, being able to have him help me with the way he wanted his data intered
Cons of working at Aspen Technology
Unfortunately his wife, she was very mean and she disliked everyone there.
Aspen Technology benefits
Profit sharing was a great bonus to get twice a year.
Is this useful?
4.0
A zippia user wrote a review on Jun 2021
Pros of working at Aspen Technology
Their projects, the working environment
Cons of working at Aspen Technology
There is almost no capacitation
Aspen Technology benefits
Holidays and personal days
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The team at Aspen Technology
The founders of Aspen Technology is Lawrence B. Evans.
The key people at Aspen Technology are Antonio Jose Pietri and Lawrence B. Evans.
Key people
Antonio Jose Pietri
Lawrence B. Evans
Aspen Technology rankings
Aspen Technology is ranked #20 on the Best Technology companies to work for in Massachusetts list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
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Aspen Technology diversity
9.8
Diversity score
We calculated Aspen Technology’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Aspen Technology’s workforce.
Aspen Technology diversity summary. Zippia estimates Aspen Technology's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Aspen Technology's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Aspen Technology's workforce.
Aspen Technology has 1,466 employees.
37% of Aspen Technology employees are women, while 63% are men.
The most common ethnicity at Aspen Technology is White (62%).
14% of Aspen Technology employees are Hispanic or Latino.
11% of Aspen Technology employees are Asian.
The average employee at Aspen Technology makes $79,149 per year.
Aspen Technology employees are most likely to be members of the democratic party.
Employees at Aspen Technology stay with the company for 4.1 years on average.
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Videos about working at Aspen Technology
University Hiring Program—Why AspenTech?
AspenTech Customer Training Options
Aspen Technology financial performance
10.0
Performance score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.
Aspen Technology currently has 709.4M in revenue. Aspen Technology's most recent quarter produced 187.8m (q3'2022).
Aspen Technology annual revenue
$709M
$568M
$426M
$284M
$142M
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Highest paying Aspen Technology competitors
Compare Aspen Technology salaries to competitors, including Workday, Infoblox, and Cadence Design Systems. Employees at Workday earn the highest average yearly salary of $125,723. The salaries at Infoblox average $124,726 per year, and the salaries at Cadence Design Systems come in at $115,840 per year.
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Company
Average salary
Jobs
1
$125,723
0
2
$124,726
0
3
$115,840
0
4
$111,921
0
5
$104,198
0
6
$102,938
0
7
$102,254
0
8
$94,120
0
9
$92,213
0
10
$90,587
0
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Zippia gives an in-depth look into the details of Aspen Technology, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Aspen Technology. The employee data is based on information from people who have self-reported their past or current employments at Aspen Technology. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Aspen Technology. The data presented on this page does not represent the view of Aspen Technology and its employees or that of Zippia.
Aspen Technology may also be known as or be related to ASPEN TECHNOLOGY INC DE, Aspen Technology, Aspen Technology Inc and Aspen Technology, Inc.
