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ALTO Drill vs. AspenONE Engineering

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
ALTO Drill
Score 0.0 out of 10
Enterprise companies (1,001+ employees)
The legal and regulatory regime under which oil and gas companies operate is very complex. ALTO Drill promises to mitigate your drilling risks by allowing cross-functional teams (Geologists, Exploitation/Completions, Production Engineers, Surface and Mineral land, Drilling, Construction) to collaborate electronically removing communication silos and improving process efficiencies. Integrate, track and manage the cross-functional workflow from identification of a prospect through to…N/A
AspenONE Engineering
Score 8.2 out of 10
N/A
Aspen Technology headquartered in Bedford offers AspenONE Engineering to refineries as a software design aid, emphasizing process optimization and cost control.N/A
Pricing
ALTO DrillAspenONE Engineering
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
ALTO DrillAspenONE Engineering
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeRequiredNo setup fee
Additional Details——
More Pricing Information
Community Pulse
ALTO DrillAspenONE Engineering
User Ratings
ALTO DrillAspenONE Engineering
Likelihood to Recommend
-
(0 ratings)
8.0
(2 ratings)
Usability
-
(0 ratings)
9.0
(1 ratings)
Support Rating
-
(0 ratings)
8.0
(1 ratings)
User Testimonials
ALTO DrillAspenONE Engineering
Likelihood to Recommend
Innovation Centric Group
No answers on this topic
Aspen Technology
In enterprises where another project is tailored to the needs of the client rather than using basic tools. And where the estimate requires comprehensive cost buckets for production operations. When there is a large amount of purchasing history to enter into AspenONE Engineering in order for it to provide reliable projections. Standard equipment manufacturing enterprises are not well suited. Also, because this instrument requires time, when there are time limitation and resource or human limitations.
HK
Hamim Khan
Senior Product Manager
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Pros
Innovation Centric Group
No answers on this topic
Aspen Technology
  • Once an estimate is made, it can be simply copied and modified for another similar equipment estimate
  • ACCE can be customized per the company's requirements
  • Templates for each equipment style can be made and can be used repeatedly
  • Very detailed reporting, of each cost segment like steel, electrical, civil, instruments is available for analysis
Verified User
Anonymous
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Cons
Innovation Centric Group
No answers on this topic
Aspen Technology
  • The User Guide is far too large to browse and learn from.
  • Documentation is detailed while also being complicated.
  • Any modifications that need to be made will take a long time.
HK
Hamim Khan
Senior Product Manager
Read full review
Usability
Innovation Centric Group
No answers on this topic
Aspen Technology
We began assessing several tools when we began estimating for a full process plant or various styles of equipment. We also investigated implementing an ERP system used by the sales and item engineering departments.
HK
Hamim Khan
Senior Product Manager
Read full review
Support Rating
Innovation Centric Group
No answers on this topic
Aspen Technology
The support team is always available for help. They are agile and cheerful.
HK
Hamim Khan
Senior Product Manager
Read full review
Alternatives Considered
Innovation Centric Group
No answers on this topic
Aspen Technology
Again answering from the ACCE perspective (Estimating tool) - Previously when we did estimates for simple equipment we had used excel estimates and lotus reporting. However, as we started estimating for an entire process plant or various style of equipment, we had started evaluating various tools. We had also considered using an ERP system that is utilized by Purchasing and Product Engineering teams, however, ACCE seemed a better fit for the amount of detailed estimating needed. And the robustness and various options available made us select this tool.
Verified User
Anonymous
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Return on Investment
Innovation Centric Group
No answers on this topic
Aspen Technology
  • Investment apart from the cost of tool, is time - It is very time taking to obtain the results required
  • We are being trained by a professional consultant on ACCE, and yet to see the ROI
  • Detailed estimates as needed by Product Engineering is a plus
Verified User
Anonymous
Read full review
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