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What is TerraManta for Crude Oil?

TerraManta employs cutting-edge machine learning techniques to analyze news and data, identifying key elements that influence commodity prices, beginning with crude oil, and assessing variations in global supply and demand forecasts, including country-specific updates. The analysis takes into account numerous factors, such as geopolitical conflicts, seasonal production variations, exploration activities, distribution trends, inventory statistics, and perspectives from industry experts and government representatives, alongside financial market fluctuations like currency changes. This state-of-the-art software evaluates a wide range of accessible news articles that pertain to geopolitics, energy sectors, commodities, finance, and more, merging these insights with the foundational aspects that govern the crude oil market. Users can visually monitor global incidents that may impact commodity prices using an interactive spinning globe, with the ability to tailor the displayed information by applying filters across different categories. Upon selecting a particular event, users gain access to comprehensive details, including the impacted region, a description of the event, and the sources of data, thus deepening their grasp of the factors influencing the market. Moreover, this tool not only keeps users updated on real-time changes that could affect their investment strategies but also encourages a proactive approach to understanding market dynamics. Ultimately, TerraManta provides a robust platform for informed decision-making in the ever-evolving landscape of commodity trading.

What is Aspen PIMS?

Aspen PIMSâ„¢ is recognized as the premier planning software, utilized by more than 400 refineries and olefins facilities around the world to optimize their operational efficiency. Its wide-ranging functionalities include crude evaluation, product blending, and economic assessments related to trading and plant design. This robust platform empowers planners and traders to quickly assess the potential profitability of new crudes in comparison to the existing crude basket. Additionally, users benefit from conducting economic analyses of the baseline crude basket through Aspen Assay Management, which features a comprehensive database of over 700 crudes at no extra cost with PIMSâ„¢. The molecular characterization capability allows planners to refine their understanding of crudes, leading to enhanced property predictions and better-informed decisions regarding crude purchases. Moreover, Aspen PIMS comes with thorough assay management tools, enabling planners to adjust assays directly within the software, and ensuring that all PIMS tables are updated automatically. The introduction of advanced visualization tools further simplifies the process for users to pinpoint the ideal crude, significantly enhancing the decision-making process. With this effective combination of features, Aspen PIMSâ„¢ is essential for ensuring the success of refining operations on a global scale, continually adapting to meet the evolving needs of the industry.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

TerraManta

Date Founded

2016

Company Location

United States

Company Website

www.terramanta.com

Company Facts

Organization Name

Aspen Technology

Company Location

United States

Company Website

www.aspentech.com/en/products/pages/aspen-pims

Categories and Features

Oil and Gas

Inventory Management

Categories and Features

Oil and Gas

Not specified

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