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Comment Business & Economics

PSE launches gPROMS v3.1 modeling technology

By Gerald Ondrey  |

Process Systems Enterprise (PSE; London, U.K.; www.psenterprise.com) has completed its roll-out of the 2nd generation gPROMS process-modeling platform with the release of gPROMS v3.1. gPROMS is widely used by large process industry companies in the oil & gas, chemicals, pharmaceutical and similar sectors for accelerating innovation, managing development risk and optimizing process design and operation through the application of high-accuracy mathematical models of processes and products. gPROMS v3.1 is the culmination of many years’ development resulting in the staged release of a completely re-architected product, phase 1 of which was released as v3.0 eighteen months ago. In addition to the new architecture v3.1 includes many new usability, modeling and solution techniques that establish it as a leader in all areas. PSE Managing Director Costas Pantelides says, “the leading process industry companies are becoming serious about capturing their considerable IP in mathematical models and systematically using these to accelerate innovation and manage risk. As companies move their IP from legacy code and traditional process flowsheeting environments, they need to know that their investment is secure. We have ensured this…
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