Emerson Named ‘Industrial IoT Company of the Year’ for Fifth Time

Rhea-AI Summary

Emerson (NYSE: EMR) has been awarded the IoT Breakthrough 2023 "Industrial IoT Company of the Year" for the fifth consecutive time, recognizing its leadership in industrial software and IoT through the Plantweb™ digital ecosystem, enhanced by AspenTech (NASDAQ: AZPN) solutions. Emerson's extensive automation technology suite aids manufacturers in optimizing operations and achieving sustainability goals. The award highlights Emerson's commitment to innovation, as it continues to lead the market with its comprehensive digital transformation offerings, thereby enhancing performance, safety, and efficiency.

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• Awarded IoT Breakthrough 2023 'Industrial IoT Company of the Year' for the fifth consecutive time.
• Recognition reaffirms Emerson's leadership in industrial software and IoT solutions.
• Plantweb digital ecosystem enhances operational optimization for manufacturers.

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Award recognizes Emerson’s leading global industrial software and IoT expertise provided through the power of Plantweb with AspenTech

ST. LOUIS--(BUSINESS WIRE)-- Global technology and software company Emerson (NYSE: EMR) has been named the IoT Breakthrough 2023 “Industrial IoT Company of the Year” for the fifth time — an honor the company also received in 2018, 2019, 2020 and 2022. This year’s award recognizes the power of Emerson’s industry-leading Plantweb™ digital ecosystem, which now includes the AspenTech (NASDAQ: AZPN) suite of plant optimization software solutions.

Leveraging decades of innovation and expertise, Emerson delivers the broadest suite of automation technology to manufacturers across all industries. Emerson and AspenTech’s leading portfolio of sensor, edge, control and software solutions – the Plantweb digital ecosystem – enables companies to optimize operations and performance of their plants and enterprise.

“Emerson is proud to be consistently recognized as an automation leader with a demonstrated commitment to innovating and providing leading solutions that help customers meet their business and sustainability goals in today’s dynamic markets,” said Ram Krishnan, chief operating officer of Emerson. “By integrating AspenTech into our industry-leading Plantweb digital ecosystem, we provide customers the most comprehensive digital transformation portfolio in the industry, backed by deep automation expertise.”

Plantweb, including the AspenTech portfolio of asset optimization software, enables companies to “See, Decide, Act and Optimize” across their operations. Through its sensing and visualization, predictive diagnostics and monitoring, precision control and AI-powered analytics, Plantweb empowers companies to boost performance, improve safety and achieve sustainability targets through emissions reduction and greater energy efficiency.

“Emerson continues its decades-long streak of digital innovation and leadership across all automation categories, and the company’s breakthrough Plantweb digital ecosystem, optimized with AspenTech, represents a next-generation IIoT platform to help their customers optimize operations and meet business and sustainability goals,“ said James Johnson, managing director at IoT Breakthrough. “Emerson’s robust suite of sensors, software and control technologies are empowering organizations to ‘See, Decide, Act and Optimize’ like never before, and we are thrilled to congratulate the Emerson team for taking home our marquee ‘Industrial IoT Company of the Year’ award in the 7th annual IoT Breakthrough Awards program.”

IoT Breakthrough, which recognizes excellence, creativity and success of Internet of Things (IoT) companies, technologies and products, received more than 4,000 nominations for the 2023 competition. The awards honor the world’s best companies, leaders, technologies and products in a range of IoT categories — from industrial and enterprise, to consumer and connected home. Winners are selected by a panel of senior-level professionals experienced in the IoT space, including journalists, analysts and technology executives.

For more information on Emerson’s automation solutions, please visit Emerson.com.

About Emerson
Emerson (NYSE: EMR) is a global technology and software company providing innovative solutions for the world’s essential industries. Through its leading automation portfolio, including its majority stake in AspenTech, Emerson helps hybrid, process and discrete manufacturers optimize operations, protect personnel, reduce emissions and achieve their sustainability goals. For more information, visit Emerson.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230111005958/en/

For Emerson

Media contact: Denise Clarke

512.587.5879

Denise.clarke@fleishman.com

Source: Emerson

FAQ

What is Emerson recognized for in 2023?

Emerson was awarded the IoT Breakthrough 2023 'Industrial IoT Company of the Year' for its leadership in industrial software and IoT.

How many times has Emerson received the IoT Breakthrough award?

Emerson has received the IoT Breakthrough award five times, including 2018, 2019, 2020, 2022, and 2023.

What technologies are part of Emerson's Plantweb digital ecosystem?

The Plantweb digital ecosystem includes a suite of sensor, edge, control, and software solutions optimized with AspenTech technologies.

What benefits does Emerson's Plantweb digital ecosystem provide?

The Plantweb ecosystem helps companies optimize operations, improve safety, and achieve sustainability goals through enhanced energy efficiency and emissions reduction.

What is AspenTech's role in Emerson's offerings?

AspenTech provides plant optimization software solutions that integrate with Emerson's Plantweb digital ecosystem to enhance operational performance.