Emerson named Industrial IoT Company of the Year
Emerson has been named the Industrial IoT Company of the Year by IoT Breakthrough for a third consecutive year.
The company says the award recognises Emerson’s commitment to helping customers in industries such as chemical, life sciences, power, and oil and gas define and execute a practical and successful path to digital transformation. Emerson recently introduced a new, dedicated digital transformation business that combines Emerson’s sensing technology, operational analytics and broad services capabilities to deliver targeted digital solutions to customer challenges.
IoT Breakthrough, which received more than 3700 nominations for the 2020 competition, recognises companies, technologies and products worldwide that set themselves apart in IoT categories ranging 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.
Industrial IoT capabilities can enable a step change in performance, but many companies lack a clear path to get there. A recent survey by Emerson showed more than 70% of companies do not have a vision for data analytics with a clearly defined roadmap to success.
“The IIoT space is crowded and can be confusing, so the goal of this organisation is to help customers achieve measurable business improvement through a focused strategy and relevant technologies,” said Stuart Harris, Group President for Emerson’s Digital Transformation Business. “This award reinforces our leadership with capabilities that are proven to deliver measurable results.”
According to the same Emerson survey, only 26% of respondents are scaling digital transformation pilots, hindering the potential of new technologies to enable widescale improvement.
Emerson continues expanding its Plantweb capabilities through strategic partnerships, investments and innovation, building a comprehensive operational analytics portfolio.
“The Industrial IoT market is inundated with confusing promises and complex issues as organisations look to embrace innovation and new technology while leveraging their existing investments,” said James Johnson, Managing Director at IoT Breakthrough. “Emerson is ‘breaking through’ the crowded market as a true industrial automation leader by focusing on partnering with their customers from start to finish, helping them define and execute a practical and successful path to digital transformation. Emerson’s most recent developments open up the promise of IIoT to businesses that may otherwise not be able to navigate the digital transformation process, and we are proud to name Emerson our 2020 Industrial IoT Company of the Year.”
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