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Rockwell Automation, Inc. (NYSE: ROK) is a leading American provider of industrial automation solutions, dedicated to enhancing productivity and sustainability. The company's renowned brands include Allen-Bradley, FactoryTalk software, and LifecycleIQ Services. As a pure-play automation competitor, Rockwell Automation develops hardware and software products alongside comprehensive services aimed at optimizing industrial operations.
Tracing its roots back to Rockwell International, Rockwell Automation emerged as an independent entity following the spin-off of Rockwell Collins in 2001. The company operates through three primary segments: Intelligent Devices, Software and Control, and Lifecycle Services. The Intelligent Devices segment encompasses drives, sensors, and industrial components, while the Software and Control segment focuses on information, network, and security software. The Lifecycle Services segment offers consulting, maintenance services, and includes Rockwell's joint venture with SLB, Sensia.
Rockwell Automation has been at the forefront of industrial advancements for over 120 years, driving efficiency and innovation across various sectors. The company's holistic strategy emphasizes sustainability, underscoring its commitment to environmental stewardship and resource optimization. Recent notable achievements include an agreement with 1PointFive to purchase carbon dioxide removal (CDR) credits from a Direct Air Capture (DAC) facility in Texas, reflecting Rockwell Automation's goal of achieving net-zero carbon neutrality by 2030.
In collaboration with 1PointFive, Rockwell Automation supports technologies that advance sustainability objectives by providing practical, transparent, and durable carbon removal solutions. This partnership is a testament to Rockwell's dedication to connecting technology with human potential to build a more connected, productive, and sustainable world.
Additionally, Rockwell Automation has partnered with ISAP India Foundation to modernize dairy farming in the water-scarce region of Antargaon, Maharashtra. This corporate social responsibility (CSR) project leverages innovative technologies and digital solutions to enhance livestock development, resulting in increased milk production and improved livelihoods for local farmers.
Rockwell Automation continues to set industry standards through its cutting-edge solutions and unwavering focus on sustainability and social impact, making it a pivotal player in the global industrial automation landscape.
Rockwell Automation (NYSE: ROK) announced the findings of its 8th annual "State of Smart Manufacturing Report," surveying over 1,350 manufacturers across 13 countries. Key results revealed that manufacturers are focusing on profitable growth while addressing quality, data potential, and workforce challenges. Notably, 80% still lack end-to-end supply chain planning, and cybersecurity risks are a primary concern. 45% aim to improve quality through smart manufacturing, while 89% plan to maintain or grow their workforce due to technology adoption. Additionally, 42% of manufacturers with ESG policies pursue efficiencies as a driving factor.
Rockwell Automation (NYSE:ROK) is partnering with Sibanye-Stillwater in South Africa to implement energy-saving technologies aimed at significantly reducing carbon emissions and costs. Utilizing Rockwell's PowerFlex 6000T variable frequency drives, the partnership achieved an average energy savings of 62% in one shaft and 48% in another. This initiative will contribute to a total energy saving of 360 GWh over the contract term, equating to a reduction of 379,000 tons of carbon emissions, while also promoting sustainability goals.
Rockwell Automation, Inc. (NYSE: ROK) will participate in the BofA Global Research Global Industrials Conference 2023 on March 21 in London. Cyril Perducat, SVP and Chief Technology Officer, will lead a fireside chat starting at approximately 8:50 a.m. GMT. The event will be webcasted and accessible via the Rockwell Automation Investor Relations website.
Headquartered in Milwaukee, Wisconsin, Rockwell Automation is a leader in industrial automation and digital transformation, employing around 26,000 individuals across more than 100 countries.
Rockwell Automation (NYSE: ROK) announced its acquisition of Knowledge Lens, a Bengaluru-based provider of AI and digital transformation solutions. This strategic acquisition aims to enhance Rockwell's industrial AI capabilities, especially in data analytics and digital technologies. Knowledge Lens will integrate with Rockwell's Kalypso digital services division, expanding its service offerings to manufacturers globally. The acquisition is expected to unlock data-driven insights, enabling autonomous manufacturing and continuous optimization across various sectors, particularly in highly regulated industries like life sciences.
Rockwell Automation (NYSE: ROK) announces that its SVP and Chief Financial Officer, Nick Gangestad, will participate in the 2023 J.P. Morgan Industrials Conference. The presentation is scheduled for Tuesday, March 14, at 2:00 p.m. EDT in New York. The event will be available via webcast on the Rockwell Automation Investor Relations website.
Headquartered in Milwaukee, Wisconsin, Rockwell Automation is a leader in industrial automation, employing around 26,000 professionals worldwide. The company focuses on digital transformation and sustainability in industrial enterprises.
Rockwell Automation (NYSE: ROK) has received the 2022 Chemours Responsible Supplier Award for its significant improvement in sustainability efforts, as reflected in its EcoVadis assessment score. This recognition comes amidst increasing scrutiny on sustainability in supply chains. Rockwell has been a trusted supplier to Chemours for over 30 years and has adapted to meet the evolving demands of the industry. The awards honor suppliers who excel in quality, innovation, and sustainability improvement, highlighting Rockwell's dedication to these principles.
Rockwell Automation (NYSE: ROK) has appointed Alice L. Jolla to its board of directors, effective February 8, 2023. Jolla, who serves as Chief Accounting Officer and Corporate Vice President at Microsoft, brings over 30 years of experience in accounting and finance. Her expertise includes risk management, strategic planning, and financial analysis, enhancing Rockwell's governance and helping to foster a diverse corporate culture. CEO Blake Moret praised her proven track record with Microsoft’s Audit Committee and her strong leadership qualities, which align with Rockwell's values and future direction.
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