Current CEO: Mark E. Fusco
Aspen Technology, Inc. traces its roots back to 1981. The founder, Massachusetts Institute of Technology professor Dr. Larry Evans, formed a joint venture with the U.S. Department of Energy to develop software systems for process engineering. The company is based in Burlington, MA, with offices in North and South America, Europe, Asia, Africa and the Middle East.
Their primary markets are manufacturing companies that are seeking to optimize operations in the areas of engineering, manufacturing and supply channels. The software is customized to individual markets, with energy, chemical and pharmaceutical companies being the primary customer base.
Working at Aspen Technology consists of predominantly white-collar professionals. There are currently about 400 Software Research and Development engineers, many of who hold advanced degrees, over half at the doctorate level. Another 250 Service Engineers provide field and office based support to users. The sales force consists of about 125 Technical Sales Professionals, who look for customers, expand the company’s presence in existing customers, and provide some technical support.
Other Aspen careers exist for Finance, Human Resources, Quality Assurance, Customer Service and Customer Training professionals. Since the output of Aspen Technology is totally intellectual in nature, there would be no blue-collar factory jobs, except for a limited number of clerical and shipping personnel.
High level software development credentials, the ability to anticipate the needs of new and emerging markets and an ability to adapt to the rapid changes of a global marketplace are valuable traits for working at Aspen. Multiple language skills would also be of benefit.
Software companies such as Aspen Technology value creativity and productivity over appearances. The Aspen culture does not have a rigid dress code, within reason. Of course, since it is a multi-national company, local customs will have a significant degree of influence on the culture. What is considered appropriate in North America would not be tolerated in India or China. Employees are evaluated more on the basis of performance than on adherence to a schedule or attendance.
The fiercely competitive nature of the software development business, where the demand for highly qualified professionals regularly exceeds the supply means that Aspen Technology benefits are generous and plentiful.
Medical, vision and dental plans are available. There are also FSAs for dependent care and health expenses excluded by regular medical benefits. Life, AD&D, short and long term disability are offered.
Since staying on top of the constant change that is a reality of life for software development employees is critical to the company’s ability to remain a competitive force, Aspen is very aggressive with regard to tuition reimbursement and E-learning programs.