Global professional services firm EY and industrial software provider Aspen Technology announced today a new alliance aimed at helping industrial and energy markets clients meet demand for resources while achieving their sustainability targets.
According to the companies, the new alliance will target companies in sectors including power and utilities, oil and gas, chemicals and advanced materials, industrial products, and mining and metals, bringing together EY’s technology and services capabilities with AspenTech’s solutions for optimizing supply chains, improving asset lifecycles, tax capabilities, managing emissions reduction and energy efficiency, and supporting utility grid orchestration.
Sam Johnson, EY Americas Vice Chair, Markets and Accounts, said:
“The EY–AspenTech Alliance provides new and complementary capabilities to support businesses in meeting their value-led sustainability goals with the power of digitization. This collaboration with AspenTech will help organizations drive improved production performance, energy efficiency, and emissions management across industries.”
The companies added that the suite of capabilities offered under the alliance will enable organizations to “quickly and effectively navigate the energy transition and embrace the rise of renewable energy, while increasing operational profitability, modernizing grid management and reducing their carbon footprint.”
AspenTech CEO Antonio Pietri said:
“To help customers most effectively navigate the energy transition and the challenges of ensuring energy security, AspenTech is building an extensive ecosystem to help scale critical innovations in areas such as digital grid management. We’re excited to work with EY US to help these asset-intensive industries accelerate adoption of digital solutions to achieve their sustainability, profitability and resilience goals.”
Mark founded ESG Today following a 20 year career in investment management and research. Prior to founding ESG Today, Mark worked at Delaney Capital Management (DCM) in Toronto, Canada, most recently as the firm’s head of U.S. equities. While at DCM, Mark was part of the firm’s ESG team, responsible for evaluating and tracking the sustainability factors impacting portfolio companies, and assessing the suitability of companies for portfolio inclusion. Mark also spent several years in the sell-side research industry, covering the technology and services sectors. Mark holds an MBA from Columbia University in New York, a BBA from the Schulich School of Business at York University in Toronto, and is a CFA charterholder.