Emerson has been named the ‘Industrial IoT Company of the Year’ by IoT Breakthrough for the second year in a row. The honour recognises Emerson’s innovation and leadership in driving Industrial Internet of Things (IIoT) technologies and strategies for customers in manufacturing industries such as oil and gas, power, chemical, life sciences and others.
The IoT Breakthrough Awards, which received more than 3,500 nominations in 2018, recognise innovators, leaders and visionaries from around the globe in a range of IoT categories, including industrial, smart city technology, connected home and others. Selections are made by a judging panel of IoT professionals and experts with hands-on experience within the Internet of Things market, including journalists, analysts and professionals from top start-ups and Fortune 100 companies.
With IIoT capabilities, industrial companies have more potential than ever to collect real-time data. However, turning that data into actionable information and game-changing operational performance can be a complex process. To help customers implement IIoT technologies seamlessly, Emerson pioneered its Plantweb digital ecosystem, a scalable portfolio of technologies, software and services that enables performance improvement in production, reliability, safety and energy management.
“As IIoT technologies continue to evolve, customers are relying on us more and more to help them evaluate and implement digital technologies to show business performance and value,” said Lal Karsanbhai, executive president of Emerson’s Automation Solutions business. “Our goal is to deliver deep industry expertise and automation technologies that empower customers to leverage these capabilities and optimise plant performance.” A recent Emerson study of industry leaders responsible for digital transformation initiatives showed that merely 20 percent of respondents had both a vision for digital transformation and a clear, actionable roadmap to implement. Absence of this practical roadmap was cited as the No. 1 barrier for digital transformation projects.