- Aspen Tech is the global leader in asset optimization software.
- Its new "AIoT Hub" technology will enable AZPN to integrate AI into its Asset Performance Optimization tools. As a result, its wide-moat business will just get wider.
- Meantime, the "AIoT Hub" technology could one day - perhaps sooner than later - lead to truly self-optimizing refineries and chemical plants.
- Clean energy and ESG are strong tailwinds for this company as more optimized and efficient operations are generally much more environmentally friendly, sustainable, and profitable.
- AZPN could easily be a $200 stock 12 months from now, or up 30%+.
For further details see:
Aspen Technology: Its 'AIoT Hub' Technology Could Lead To Self-Optimizing Plants