Innovation is change that unlocks new value.

InnoVent is a technology and consulting company that provides innovative Asset Performance Management (APM) Solutions using our Virtual Intelligence Platform (VIP).


about us.

InnoVent was established by executives with 25+ years of experience in asset operations management, digital solutions, process simulation, data analytics/AI, basic engineering, Front End Engineering Design (FEED), plant performance Improvement and Safety.

Our focus is to provide Asset Performance Management (APM) solutions. Our APM solutions use state of the art technology and an experienced team to address a range of issues focused on improving and maintaining your assets (both physical and human). We help facilitate APM using our proprietary Virtual Intelligence Platform (VIP), coupled with our consulting and implementation services.

InnoVent team is highly-motivated with deep experience in midstream and downstream oil & gas/manufacturing, refining, chemicals, renewable energy (ethanol/biodiesel) and IT/IIOT/Cloud systems.

Virtual Intelligence Platform (VIP)

Every purpose needs a platform.

About VIP

Manufacturing process industries are continuously seeking ways to improve performance of their operating assets, and find ways to increase productivity and profits. InnoVent’s APM Solutions are geared towards operational excellence and driving that profitability by leveraging digital and emerging technologies via its Virtual Intelligence Platform (VIP).

VIP is proprietary and cloud-based software platform to convert “hard copy” based Standard Operating Procedures (SOP’s), manuals, and training content to interactive and digital versions, with embedded photos, videos, datasheets, CAD drawings, and eLearning tutorials.

VIP also takes real-time asset information (Control systems, ERP, historians) and provides KPI monitoring dashboards deploying AI/Analytics/simulation to predict equipment and asset performance. Operators can then determine their actions using VIP’s Smart Decision trees for cause and effect analytics, all in a seamless and interactive platform.

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Our Consulting Services

Driving operational excellence using our process industry expertise.

Process Simulation & Process Safety

Process Simulation and Process Safety

Process Simulation is a core expertise of InnoVent. Our team has decades of experience in developing high fidelity models using leading simulation software like, Aspen Engineering Suite, ChemCAD, Hysys, Unisim, Petrosim, etc. We develop steady-state and dynamic models for design, optimization and transient analysis.

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EPC Solutions

We provide turnkey engineering, procurement and commissioning  solutions, including conceptual design and engineering. By combining our engineering expertise and expertise of our strategic partners (for fabrication and commissioning), InnoVent can provide turnkey systems for chemical plants and renewable energy systems.

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EPC Solutions


Experience. Expertise. Excellence.


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Chemstations’ integrated suite of intuitive process simulation software fuels productivity for chemical engineering projects.

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InnoVent Joins AspenTech Implementation Services Provider (ISP) Program to deliver AspenOne Engineering Suite Solutions globally

April 28, 2020: InnoVent Technology LLC is pleased to announce that it has joined the AspenTech Implementation Service Provider (ISP) Program to implement AspenOne Engineering Suite solutions for process industries globally. The AspenOne engineering suite includes Aspen Plus, Hysys, Hysys Dynamics, Aspen Exchanger Design and Rating (EDR), and more. This partnership agreement brings together InnoVent’s services delivery capability and AspenTech’s technology to create a solution delivery capability that will generate maximum operational benefits for our customers.

In this uncertain and challenging economic environment, companies are focused on getting more out of assets, and InnoVent’s strategy is to work with industry leading technologies that AspenTech offers. InnoVent’s consultants will leverage their deep expertise in simulation, modeling and optimization to implement solutions faster, with lower risk, and ensure businesses can maximize margin, operating agility, and ROI.

InnoVent CEO, Vibhu Sharma, commented “InnoVent’s consultants bring operations and design experience in oil & gas, chemical, pharma and renewable energy industries. This domain expertise, combined with our technology implementation experience, makes us particularly well suited to leverage AspenTech’s comprehensive offering. We are excited to become an AspenTech implementation partner and deliver services to their customers everywhere.”

About InnoVent: InnoVent is a technology and consulting company providing process simulation, engineering, and Asset Performance Management solutions to the process industries. InnoVent’s operations are located in Houston, Texas, USA, and Pune, India. For further details visit

Our Team

Vibhu Sharma

Vibhu Sharma 
Board Chairman

Chemical engineer with over 20 years experience in the oil & gas, chemical, manufacturing industries. Prior to InnoVent, Vibhu was the Vice President of Advanced Applications at Wood PLC, a $10 billion engineering and automation company. Earlier in his career, Vibhu was CEO of Ingenious Inc, a technology and consulting firm, that was later acquired by Wood.

Gautam Pradhan

Gautam Pradhan
Technical Director

Chemical Engineer with about 27 years of process engineering experience in Oil & Gas, Refinery, Petrochemicals, Ethanol and Terminals, utility and off-site units. Gautam has held senior positions in many reputed companies like Wood Plc, Aspen Tech, Distichemi, Ingenious Inc., Triangle Simulation and Grasim Industries Limited.

Siddharth Shrivastava

Siddharth Shrivastava 
Senior Advisor IT

Chemical engineer with deep IT background and over 25 years of experience in developing complex data management systems, custom software applications, mobile apps, and cloud based deployments.

Rodrigo Trevino

Rodrigo Trevino
Senior Advisor

PhD Chemical engineer from MIT with 35 years of experience in process simulation, modeling, asset optimization systems, kinetic models, training programs for refining, petrochemical, chemical and polymer companies.

Al Escher

Al Escher
  Senior Advisor

Al is a Former executive of Schlumberger and ABS Group. Earlier in his career, Al was a Vice President of Booz-Allen & Hamilton and an engineer for Texaco. Al has served on the boards of several technology companies. He holds engineering degrees from Princeton University and the University of Southern California, and an MBA from Northwestern University.

Ashish Nag

Ashish Nag 
Senior Consultant

Chemical Engineer with over 35 years of experience in refining and petrochemical plants. Previously Executive Director at Indian Oil (IOCL), $90 billion national oil company. Experience in implementing capital projects, engineering systems, project management, energy optimization, hydrocracker, crude and vacuum units, FCC, gas processing plants, and advisory services.

Get in touch

We are always there for you.


InnoVent Technology LLC

4002 Arnold St,

Houston, TX 77005​



No. 22, 402, Prabhadevi Industrial

Estate, Veer Savarkar Marg,

Prabhadevi ,  Mumbai – 400025