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Archive for February, 2013

AspenTech Acquires Pipeline Scheduling and Dock Scheduling Software

Will Add Pipeline & Dock Scheduling Technology to aspenONE® Petroleum Supply Chain Software

BURLINGTON, Mass — Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, announced it has acquired Pipeline Scheduling System (“PSS”) and Dock Scheduling System (“DSS”) software from Refining Advantage, Inc.PSS is a pipeline scheduling tool that enables pipeline companies, refineries and terminals with pipelines to optimize their pipeline schedules and improve profitability and safety. DSS is used by refineries and terminals to schedule their docks, enabling them to save on demurrage costs that are incurred due to delays in on-loading or off-loading cargo.AspenTech’s existing Petroleum Supply Chain products include Aspen PIMS™, the world’s leading petroleum and petrochemical planning system and Aspen Petroleum Scheduler, which enables fast, accurate and collaborative creation of refinery schedules. Adding PSS & DSS, which are already used by some leading refineries, will enable AspenTech customers to further optimize their petroleum supply chains.Terms of the transaction were not disclosed.

Supporting Quotes
Mark Fusco, President & CEO, AspenTech
“aspenONE Petroleum Supply Chain software maximizes profitability and drives improvements across the entire petroleum supply chain. PSS and DSS will provide additional capabilities to enable our customers to manage and schedule entire facilities, including docks and pipelines. This will result in more effective optimization of the petroleum supply chain.”

Supporting Resources

About AspenTech
AspenTech is a leading supplier of software that optimizes process manufacturing – for energy, chemicals, pharmaceuticals, engineering and construction, and other industries that manufacture and produce products from a chemical process. With integrated aspenONE solutions, process manufacturers can implement best practices for optimizing their engineering, manufacturing and supply chain operations. As a result, AspenTech customers are better able to increase capacity, improve margins, reduce costs and become more energy efficient. To see how the world’s leading process manufacturers rely on AspenTech to achieve their operational excellence goals, visit www.aspentech.com.

NOTE: Aspen Technology may provide information regarding possible future product developments including new products, product features, product interfaces, integration, design, architecture, etc. that may be perceived to represent “product roadmaps.” Any such information is for discussion purposes only and does not constitute a commitment by Aspen Technology to do or deliver anything in these product roadmaps or otherwise. Any such commitment must be explicitly set forth in a written contract between the customer and Aspen Technology, executed by an authorized officer of each company.

AspenTech Acquires Pipeline Scheduling and Dock Scheduling Software
Will Add Pipeline & Dock Scheduling Technology to aspenONE® Petroleum Supply Chain Software BURLINGTON, Mass — Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, announced it has acquired Pipeline Scheduling System (“PSS”) and Dock Scheduling System (“DSS”) software from Refining Advantage, Inc.PSS is a pipeline scheduling tool that […] »

Gary Colen to Speak at AMA’s Future of Integrated Marketing

AMP’s CEO, Gary Colen, will speak at the American Marketing Association’s Boston Chapter’s ‘The Future of Integrated Marketing: If It Were Easy, Everyone Would Do It’ panel discussion on March 12th at the Westin Waltham. See below for the full event description.

 

 

Integrated Marketing: If It Were Easy, Everyone Would Do It

Back in the Mad Men era of the 1960s, it was enough to have great strategy, a big idea and fancy creative. In today’s marketplace, creating an integrated marketing plan that resonates with your audience at every stage and leaves a lasting impression takes much more. In addition to seamless messaging, it takes ongoing real-time interaction with your audiences, transparency, patience, and trust. While perfect integration is unattainable, agencies that understand the importance – and companies that do the best job of harmonizing their marketing efforts – have an indisputable advantage.

In order to make an impact in a market where consumers’ media, purchasing options and attention spans grow increasingly fragmented, it is important to remember that customers not only want a consistent experience across all touch points – they expect it. Come learn from some of Boston’s brightest marketing minds as they come together on a panel to discuss the importance of effective integrated campaigns and the advantages of consistent branding in an ever changing marketing and advertising landscape.

Register for the event by clicking here.

Gary Colen to Speak at AMA’s Future of Integrated Marketing
AMP’s CEO, Gary Colen, will speak at the American Marketing Association’s Boston Chapter’s ‘The Future of Integrated Marketing: If It Were Easy, Everyone Would Do It’ panel discussion on March 12th at the Westin Waltham. See below for the full event description.     Integrated Marketing: If It Were Easy, Everyone Would Do It Back […] »

Phil Adams, CEO of World Energy Solutions, Named Business Leader of the Year

Worcester Business Journal Recognizes Adams’ Outstanding Leadership in Guiding Company to Record Growth and Profits

Worcester, MA  – World Energy Solutions, Inc. (NASDAQ: XWES), a leading energy management services firm, today announced its Chief Executive Officer, Phil Adams, has been named a Business Leader of the Year by the Worcester Business Journal (see full story and video here: http://bit.ly/15ppUQk). The leadership of the publication selected Adams for his outstanding work guiding the Company to profitability and five straight quarters of record revenue.

The Worcester Business Journal’s annual Business Leader of the Year award program recognizes Central Massachusetts’ top business leaders and organizations across four categories: Large Business; Small Business/Entrepreneur; Non-Profit; and Corporate Citizen of the Year. Adams won for his achievements in the Small Business/Entrepreneur category.

“Each year, we invite members of the Central Massachusetts business community to nominate business leaders in each of the four categories, and we supplement that with our own scouting from our work covering business in the region,” said Rick Saia, Editor, Worcester Business Journal. “Phil Adams and World Energy initially caught our attention in 2011 when the firm acquired three companies and posted its first year of profitability as a public company.

“Then 2012 unfolded with quarter after quarter of strong financial performance, successful customer engagements, another acquisition, Phil’s promotion to CEO, and the establishment of the Company’s new headquarters in City Square coupled with the hiring of its 100th employee. That’s not just a Central Mass. success story, that’s a great business story.”

Added Phil Adams, CEO, World Energy Solutions: “I am honored to receive this award and proudly accept it on behalf of the great team at World Energy that has helped make it all possible. I’d also like to recognize and thank co-founder and former CEO Richard Domaleski for the strong foundation he created here and for his trust and confidence in me as a colleague and leader. We began our energy business in the basement of the old Worcester Police Station in Exchange Place more than ten years ago, and have since created a profitable, growing Company that saves customers money, provides meaningful work to employees, and enthusiastically gives back to the community.”

The Business Leader of the Year award recipients will be honored at a ceremony, and participate in a roundtable conversation, hosted by the Worcester Business Journal at the Beechwood Hotel in Worcester, MA on March 26th from 4:30 – 7:30 p.m. More information about the event can be found in the Events section of www.WBJournal.com or at:http://bit.ly/WGsf4U.

About the Worcester Business Journal
The Worcester Business Journal is Central Massachusetts’ definitive source for business news. Every two weeks, it delivers news and opinion in print for the Central Massachusetts business community. It also delivers news business leaders need through its website, WBJournal.com and email newsletter, The Daily Report. In addition, The Worcester Business Journal hosts several informational and networking events for business leaders throughout Central Massachusetts.

About World Energy Solutions, Inc.
World Energy Solutions, Inc. (NASDAQ: XWES) is an energy management services firm that brings together the passion, processes and technologies to take the complexity out of energy management and turn it into bottom-line impact for the businesses, institutions and governments we serve. To date, the Company has transacted more than $30 billion in energy, demand response and environmental commodities on behalf of its customers, creating more than $1 billion in value for them. World Energy is also a leader in the global carbon market, where its World Energy Exchange® supports the Regional Greenhouse Gas Initiative (RGGI), the first mandatory market-based regulatory program in the U.S. to reduce greenhouse gas emissions. For more information, please visitwww.worldenergy.com.

This press release contains forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ from those indicated in the forward-looking statements. Such risks and uncertainties include, but are not limited to the following: our revenue and backlog are dependent on actual future energy purchases pursuant to completed procurements; the demand for our services is affected by changes in regulated prices or cyclicality or volatility in competitive market prices for energy; and there are factors outside our control that affect transaction volume in the electricity market. Additional risk factors are identified in our Annual Report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission.

Phil Adams, CEO of World Energy Solutions, Named Business Leader of the Year
Worcester Business Journal Recognizes Adams’ Outstanding Leadership in Guiding Company to Record Growth and Profits Worcester, MA  – World Energy Solutions, Inc. (NASDAQ: XWES), a leading energy management services firm, today announced its Chief Executive Officer, Phil Adams, has been named a Business Leader of the Year by the Worcester Business Journal (see full story and video […] »

Advanced Practice Strategies Delivers GNOSIS™ to Market

Groundbreaking Tool Assesses Clinician Proficiency, Provides Personalized Education, and Reduces Cost and Risk in Today’s Accountable Medical World

Boston, MA – Advanced Practice Strategies (APS) today announced that it has successfully completed beta testing of its groundbreaking new tool, GNOSIS™ and has delivered the product to market. GNOSIS is a mobile, cloud-based platform that assesses clinician proficiency, optimizes clinician learning time, and rapidly improves clinician performance in today’s accountable medical world. Leading hospitals and health systems will begin product implementation over the next month, including several academic medical centers throughout the country.

With the passage of health reform, the world of healthcare delivery is heavily focused on quality. Investment in medical quality is in large part an investment in people – the dedicated doctors and nurses who deliver care every day. GNOSIS is the first tool that enables data driven management of continuous performance improvement for the clinical population, providing solutions for several competing post-reform priorities, including clinician learning, reduction of risk, reduction of costs, and data transparency. GNOSIS, quite simply, unleashes great medicine.

Traditional continuing education (CE) is badly broken and severely flawed, not to mention strongly resisted by the users it is supposed to benefit. As a 2010 Institute of Medicine report asserted, “There are major flaws in the way continuing education is conducted, financed, regulated, and evaluated. As a result the healthcare workforce is not optimally prepared to provide the highest quality of care to patients.” Further as an outdated and depersonalized experience for learners, traditional CE lacks support for healthcare administrators, who now more than ever seek clarity on areas of risk and opportunities for improvement.

Enter GNOSIS – a strategic risk management, cost reduction, and performance improvement tool. A data-driven virtual coach that identifies areas for knowledge and judgment improvement, weights them by error risk, maps out a personalized curriculum of best-in-class content delivered in 3-5 minute chunks for today’s busy clinician, and delivers administrative dashboards that allow managers to understand risk and competency profiles at the clinician, institution, and system-wide levels.

“APS is thrilled to announce that GNOSIS is now available to our clients and partners,” said Dennis Ferrill, CEO, Advanced Practice Strategies. The tool is the culmination of years of intimate experience working with more than a thousand hospitals and their associated clinicians and insurers, to understand the drivers of clinical risk and the knowledge needs of physicians and nurses. GNOSIS will not only fundamentally change the way we see continuing education, finally making it work well for doctors and nurses, but it will shine a light on a place that has long been dark, bringing the sources of risk into view and helping us see how to reduce that risk by providing knowledge where and only where it is needed. Quality will improve, costs will go down, and clinicians and patients will be better off.”

The first release of GNOSIS covers Obstetrics, where the financial cost of risk is real – $250-470 per birth – and the human toll of error can be painfully high. GNOSIS for the Emergency Department is in queue as the second product release, expected May 2013.

“GNOSIS provides a new view of clinical performance for individual clinicians and provider organizations. This creates entirely new possibilities for improving care,” said Bob Higgins, Founding General Partner of Highland Capital Partners, Senior Lecturer at Harvard Business School, and Chairman of the Board at Advanced Practice Strategies. “I believe APS is poised to redefine CME, making it work better for providers and clinicians, and ultimately improving patient care.”

Jeff Stolte, also an APS board member and Investment Manager at Ascension Health Ventures continued, “GNOSIS was created to motivate and maintain excellent doctors and nurses, with respect for their time and learning needs. By tailoring to each individual’s performance profile, the most critical areas are addressed quickly and areas of risk are systematically uncovered, giving hospitals a line of sight into operational management that was never before possible.”

To learn more about GNOSIS please visit APS and download the GNOSIS brochure and white paper. The opportunity to transform clinical learning, redefine continuing education, reduce errors and costs, and increase clinician and administrator satisfaction is real today.

About APSAdvanced Practice Strategies (APS) is eliminating risk and reducing healthcare costs by making it easier for physicians, nurses, and other providers to fill knowledge gaps that lead to serious medical errors. The company’s newest innovation, GNOSIS, is a groundbreaking mobile, cloud-based tool that assesses clinician proficiency by creating a mathematical representation of clinical decision making scripts, uses that model to map latent risk, and delivers highly customized education that saves clinician learning time, rapidly improves performance, reduces medical malpractice risk, and increases patient safety, all while ensuring administrators are equipped with a transparent performance dashboard at the clinician, organization, and system-wide levels. GNOSIS redefines continuing clinical education while addressing healthcare quality, costs, and satisfaction in today’s accountable medical world.

Media Contact

Kiran Ganda
Director, Marketing Communications
Advanced Practice Strategies
617-275-7294

Advanced Practice Strategies Delivers GNOSIS™ to Market
Groundbreaking Tool Assesses Clinician Proficiency, Provides Personalized Education, and Reduces Cost and Risk in Today’s Accountable Medical World Boston, MA – Advanced Practice Strategies (APS) today announced that it has successfully completed beta testing of its groundbreaking new tool, GNOSIS™ and has delivered the product to market. GNOSIS is a mobile, cloud-based platform that assesses […] »

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