Bottom Up Investing
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Aspen Technology Is A Domain Expertise Story

Aspen Technology, Inc. (NASDAQ:AZPN) is the provider of the aspenOne process optimization software solutions, which are designed to manage and optimize plant and process design, operational performance, and supply chain planning. The software, aspenOne, is designed for customers in the energy, chemicals, and engineering and construction industries. The aspenOne products are organized into two suites: 1) engineering and 2) manufacturing and supply chain.

Aspen Technology is pursuing a product differentiation strategy; to be successful, their price premiums must be above their cost of differentiation and the differentiation must be appealing to customers and sustainable over time. Aspen has obtained deep domain expertise through focusing on solutions for the process industries for over 30 years. That expertise is reflected

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