Emerson (NYSE:EMR), a global automation technology and software company, has received the “IoT Analytics Platform of the Year” award for its Plantweb Optics™ Analyticssoftware. The honor, part of the 5th annual IoT Breakthrough Awards, recognizes Emerson’s analyticssoftware that uses artificial intelligence and machine learning to improve reliability, safety and sustainabilitywhile 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 valuecreation 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 softwarethat 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-winningPlantweb™ digital ecosystem of transformational technologies, software and services.
Emerson’s Plantweb Optics Analytics softwaredraws from a combination of data-driven models and principles-driven analytics toidentify,predict and prevent more than 80% of common equipment failures, leveragingmachine learning, predictive modeling and artificial intelligence to provide insight that impacts business performance. The company also recently introduced augmented reality (AR) technologyfor Plantweb Optics, enabling workers with enhanced access to critical information and expert guidance as well asempowering 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, EnterpriseIoT, 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.”
For more information on Emerson’s PlantwebOptics Analytics, please visit:
www.emerson.com/plantwebopticsanalytics