Case Study: ARC Advisory Group achieves plant-lifecycle financial gains with Aspen Technology's Aspen Fidelis Reliability

Aspen Fidelis Reliability Software Quantifies Financial Benefits Across the Plant Asset Lifecycle

ARC Advisory Group evaluated Aspen Technology’s Aspen Fidelis Reliability discrete‑event simulation software to address the challenge of quantifying financial benefits and improving decision‑making across complex process plant lifecycles. ARC sought to understand how the vendor’s tool models system‑wide interactions — equipment capacities, operating logic, schedules and external factors — so EPCs and owner‑operators can make data‑driven design and operational choices.

Aspen Technology delivered Aspen Fidelis Reliability, a Monte Carlo‑based simulator with a flow optimizer, to model and test scenarios across design and operations. Using Aspen Technology’s solution, users such as Dow Chemical identified an intermediate‑storage expansion with a $21 million NPV improvement, and SABIC revised maintenance and capacity to reduce the risk of total plant shutdowns; Aspen Technology reports project benefits that can range from millions to hundreds of millions of dollars.

ARC Advisory Group