April 1998

Trends and Resources

HPInformer: HPInformer, North America edition

AspenTech, Houston, Texas, has acquired IISYS, Inc., including its ADVISOR product line that is a leader in yield accounting technology for the process industries. Yield accounting is the process o..

Stephens, F. P., Hydrocarbon Processing Staff

AspenTech, Houston, Texas, has acquired IISYS, Inc., including its ADVISOR product line that is a leader in yield accounting technology for the process industries. Yield accounting is the process of tracking inventories and material movements into, around and out of a processing plant. In the process industries, yield accounting is the foundation of a dependable operations information system. Advancing from the simple reporting of raw historical data to the production of value-added, reconciled information is essential to planning, scheduling and process efficiency throughout the plant. Yield accounting also creates the link between operations information systems and ERP systems, su

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