President, Chief Executive Officer & Director, Aspen Technology
Search every verified Antonio Pietri interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Antonio Pietri, President and CEO of Aspen Technology, has stated that the company's software, historically used to drive efficiencies and profitability, is increasingly being applied to decarbonization efforts. He noted that the same technologies used to model hydrocarbons are now being used for renewables, hydrogen, and biofuels. Pietri said the company is commercializing a CO2 management technology acquired from Aramco and has developed an emissions management solution through an advisory group in the Middle East. He described AspenTech as "central to achieving Net Zero carbon emissions" and said customers have told the company it is "uniquely positioned" in this area. Pietri has discussed the company's approach to artificial intelligence, stating that AspenTech integrates AI capabilities with "first principles of engineering" to provide guardrails for deployment in complex industrial assets. He said customers are becoming more discerning about the type of AI they deploy, differentiating between large language models and AI algorithms for specific use cases. Pietri also commented on the energy transition, saying that scaling technologies like hydrogen and biofuels will take time and that the focus through 2030 should be on driving efficiencies. He added that the company is monitoring quantum computing, which he described as "quite disruptive" once commercially available at scale.
“What we see, especially in the oil and gas refining and chemical sectors is focused on continuing to drive efficiencies, but also managing their business to make it more sustainable, sort of managing through the energy transition.”
“In our case, we've been involved with artificial intelligence for 20 years, since the late '90s actually. We went through the AI winter in the late '90s. But since 2010, we've been introducing more AI capabilities into our products.”
“It's not about a stand alone AI application, it's about enhancing the accuracy predictability of our products using these capabilities. We're seeing customers interested in this approach to AI, because in a way the first principles of engineering that exist in our products, the chemistry, the physics, the optimization,...”
“When you're deploying these capabilities in very complex assets to operate, you want to make sure that it's trusted, robust and provides those guard rails. So this context, we're seeing customers becoming more discerning about the type of AI that they're willing to deploy in their organizations, differentiating between...”
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