Technology
Emerson is upgrading digital transformation with the industrys most comprehensive Operational Analytics portfolio
After years of strategic investment and innovation, Emerson has created the industry's most comprehensive operational analysis portfolio, provided actionable insights into the industrial manufacturers most important operational challenges.
Chief technology officer at Emersons Automation Solutions business, Peter Zornio, said: The amount of data created in a manufacturing facility today is unprecedented, and theres a great deal of hype in the marketplace over how analytics can turn this data into performance gains,
With over 900 analytics software suppliers on the market today, users are overwhelmed by options. Many companies have embarked on enterprise-wide "data lake" and analytics programs, with the goal of enabling any type of application. But most of these offers are business analytics tools for functions like finance and supply chain management.
Emerson's portfolio of operational analytics focuses on the biggest source of value for industrial manufacturers - the production itself. Operational analysis with embedded domain knowledge can impact and improve the performance of simple equipment, complex assets and process units, and entire manufacturing plants.
"First, we recommend addressing the high impact, known issues," said Zornio. By using proven models that make analytics accessible to the personnel responsible for the performance of the assets, our customers can quickly work to solve problems. For example, Emerson's solutions can detect and address 80% of equipment failure modes that contribute to production loss at a plant in real time.
In addition, Emersons advanced portfolio includes machine learning and artificial intelligence, which can be used to identify innovations and deepen insights that impact business performance. These tools provide a perspective previously unattainable with traditional analytics.
With our acquisition of KNet and its integration with our PlantWeb Optical Asset Performance Platform, Emerson can provide not only the most advanced machine learning and AI tools in the industry, but also the connection to people and workflows, which are critical to digital transformation success, Zornio said.
This portfolio is supported by Emersons Operational Certainty consulting practice and robust data management capabilities that provide a foundation for analytics success. For more information, visit Plantweb Analytics.