Aspentech (Korea General Manager: Kim Heung-sik), a global leader in industrial software, is moving forward to provide the best industrial data foundation through portfolio expansion.

Aspentech announced on the 7th that it has acquired inmation Software GmbH, which leads the real-time industrial information management market.

Through this acquisition, Aspentech has established a unique position to support capital-intensive companies in making critical business decisions that enable them to rapidly achieve profitability and sustainability targets by integrating, managing, and informating industrial data.

inmation's scalable software meets customer requirements by connecting industrial data collected from various data sources, ranging from plant operational data to enterprise-wide systems, to build a real-time industrial data infrastructure.

With the integration of inmation's technology into Aspentech's existing portfolio, which includes plant operations solutions and connectivity and artificial intelligence (AI) capabilities, the industry's best-in-class enterprise-grade data infrastructure has been created.

Customers with secure access and connectivity can systematically organize data to safely and cost-effectively derive tangible business insights from industrial data.

inmation is expected to serve as a cornerstone of Data Works, Aspentech's industrial data and connectivity business division. Through this product integration, Aspentech will further strengthen its position as an industrial software leader, spearhead digital transformation, and support customers in achieving sustainability and profitability targets.

Nicole Rennalls, Vice President and Division Head of Data Works, Aspentech's industrial data business division, stated, "Capital-intensive companies urgently need scalable solutions that leverage vast amounts of industrial data while improving efficiency and sustainability across all business areas." She emphasized, "inmation and Aspentech customers can now advance their digitalization journey through actionable and connected industrial data. This digitalization will help address the dual challenge of improving living standards while sustainably meeting the resource demands of a growing population."