Emerson Receives 2021 IoT Breakthrough Award for ‘Analytics Platform of the Year’

Emer­son (NYSE:EMR), a glob­al automa­tion tech­nol­o­gy and soft­ware com­pa­ny, has received the “IoT Ana­lyt­ics Plat­form of the Year” award for its Plantweb Optics™ Ana­lyt­ics soft­ware. The hon­or, part of the 5th annu­al IoT Break­through Awards, rec­og­nizes Emerson’s ana­lyt­ics soft­ware that uses arti­fi­cial intel­li­gence and machine learn­ing to improve reli­a­bil­i­ty, safe­ty and sus­tain­abil­i­ty while opti­miz­ing pro­duc­tion for indus­tri­al manufacturers.
“Indus­tri­al man­u­fac­tur­ers gen­er­ate vast amounts of data, but few com­pa­nies are real­ly gain­ing the insights need­ed to opti­mize their oper­a­tions,” said Stu­art Har­ris, group pres­i­dent for Emerson’s dig­i­tal trans­for­ma­tion busi­ness. “With Plantweb Optics Ana­lyt­ics, we are pro­vid­ing man­u­fac­tur­ers with advanced ana­lyt­ics capa­bil­i­ties that are easy to deploy and quick­ly deliv­er results. This IoT Break­through Award rec­og­nizes our indus­try-lead­ing tech­nol­o­gy, exper­tise and focus on val­ue cre­ation for our customers.”
New tech­nolo­gies present a wealth of oppor­tu­ni­ties for man­u­fac­tur­ers today. In fact, ana­lyt­ics has the poten­tial to deliv­er more than $4 tril­lion of growth in indus­tri­al man­u­fac­tur­ing, accord­ing to McK­in­sey. Emerson’s Plantweb Optics Ana­lyt­ics is a pow­er­ful indus­tri­al IoT ana­lyt­ics soft­ware that col­lects and inter­prets oper­a­tional data to pro­vide real-time vis­i­bil­i­ty into equip­ment health and oper­a­tional per­for­mance. With embed­ded domain knowl­edge, Plantweb Optics Ana­lyt­ics can improve per­for­mance at all lev­els across an enter­prise, from sim­ple equip­ment to com­plex assets, process units and entire pro­duc­tion plants. Plantweb Optics is part of Emerson’s award-win­ning Plantweb™ dig­i­tal ecosys­tem of trans­for­ma­tion­al tech­nolo­gies, soft­ware and services.
Emerson’s Plantweb Optics Ana­lyt­ics soft­ware draws from a com­bi­na­tion of data-dri­ven mod­els and prin­ci­ples-dri­ven ana­lyt­ics to iden­ti­fy, pre­dict and pre­vent more than 80% of com­mon equip­ment fail­ures, lever­ag­ing machine learn­ing, pre­dic­tive mod­el­ing and arti­fi­cial intel­li­gence to pro­vide insight that impacts busi­ness per­for­mance. The com­pa­ny also recent­ly intro­duced aug­ment­ed real­i­ty (AR) tech­nol­o­gy for Plantweb Optics, enabling work­ers with enhanced access to crit­i­cal infor­ma­tion and expert guid­ance as well as empow­er­ing remote col­lab­o­ra­tion to main­tain oper­a­tions and pre­vent downtime.
The IoT Break­through Awards pro­gram rec­og­nizes inno­va­tors, lead­ers and vision­ar­ies from around the globe in a range of IoT cat­e­gories, includ­ing Indus­tri­al IoT, Enter­prise IoT, Con­sumer IoT, Con­nect­ed Home and more. This year’s pro­gram attract­ed more than 3,850 nom­i­na­tions from com­pa­nies all over the world.
“With Plantweb Optics Ana­lyt­ics, orga­ni­za­tions have a ‘break­through’ plat­form that helps them improve key per­for­mance areas such as reli­a­bil­i­ty, safe­ty, pro­duc­tion opti­miza­tion and ener­gy man­age­ment – the biggest prof­it levers for a man­u­fac­tur­er’s oper­a­tions,” said James John­son, man­ag­ing direc­tor at IoT Break­through. “Emerson’s IoT inno­va­tion breaks through the IoT ana­lyt­ics cat­e­go­ry this year and we are thrilled to be able to name Emer­son a 2021 IoT Break­through Award winner.”