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

Posted by Community Contributor on Feb 10, 2023 1:47:38 PM

 

 

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

IoT Breakthrough Award

 


ST. LOUIS (Jan. 12, 2023) — 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

Media:
• Contacts: Emerson Automation Solutions Global Media Contacts

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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.

Oil and gas producer pumps up operations with SCADA

Posted by Community Contributor on Nov 3, 2022 10:14:02 AM

 

Canvas Energy, an Oklahoma City-based independent oil and gas producer with operations in the oil and liquids-rich portion of the Anadarko Basin in Oklahoma, has a future vision it calls “Operation by Exception (OBE).” Over the last decade, a key component of its successful operation, particularly in a business with a need to be flexible to the ups and downs of the oil market, is its supervisory control and data acquisition, or SCADA, system.

Getting through its digital transformation to where its automated processes and data usage are today has been a journey, according to Kylie Odorisio, production engineer at Canvas, who was on hand at this week’s Emerson Exchange to discuss its transformation.

“We started looking at SCADA just under 10 years ago. Our first question was that we always had a flat infrastructure system. So being able to integrate different data sources and being able to bolt-on different platforms was our first-step mission,” Odorisio told the audience.

The company, working with Emerson’s Zedi SaaS SCADA unit and Emerson impact partner Vinson Process Controls, started its journey with tank-level monitoring, tank-level alarm and artificial lift, real-time pressure monitoring, to name a few projects. Odorisio said the ultimate goal of the digital transformation was to “empower our employees to make correct decisions,” which is the basis of the company’s OBE strategy.

That entails both field-level transformation and office-level transformation, according to Odorisio. At the field-level, it’s about using the data to provide successful operational improvements. At the office-level it is centered on creating aggregated KPIs that can be further digested into trends and patterns for making strategic business decisions.

Key to success

The company needed to satisfy three key areas in its digital transformation. It needed its operation to be proactive. It needed to be able to leverage multi-disciplined personnel, and it needed to be scalable for further mergers and acquisition, a point vital to a capital-aggressive company such as Canvas. To get there it needed a long-term technology partner, according to Emerson’s Adin Nand, director of business development for Zedi Saas SCADA. Nand and Jared Frederickson, business unit leader for digital transformation at Vinson Process Controls, both joined Odorisio during the presentation.

“During our initial meeting with Canvas, they sort of stopped us and said, ‘We have a vision. We don’t know exactly how we are going to get there, but we want a long-term partner to help us figure it out,’” Nand said. “Obviously, we said, ‘Let’s do this.’”

Frederickson added that his company’s domain space expertise—it has worked with Canvas since 2014 and in oil and gas for quite longer—was another difference maker. He also pointed to Emerson’s extensive technology stack as the clincher.

“We can bring Emerson’s entire portfolio in and leverage it to the Canvas operation-by-exception platform,” he said.

Frederickson added the transformation centered on reaching near autonomous operations that would be driven by outcomes. A stack of Rosemount wireless sensors, Vinson’s ProductionManager Edge and cloud analytics via Emerson Zedi SaaS SCADA, allowed the companies to apply several machine learning and artificial intelligence tactics to achieve success.

Up to the task

One of the biggest aspects of the system design is that it allows for speed in a world of rapidly changing market conditions. “Sometimes you have to do a lot with very little. Sometimes you buy assets and you need to have transparency in your equipment [when onboarding],” Frederickson said.

That was particularly true for Canvas, which saw one of its biggest business results from the new system when the company made a recent asset acquisition that added approximately 1,900 barrels of oil equivalent (BOE) per day to its production over an additional 39,000 net acres of operations, according to Odorisio.

“Drilling inventory existed and it had a pretty strong production base, but one thing we also saw was lots of hardware on site that we felt we could better utilize than what the current operator was doing,” Odorisio said. “Upon the acquisition, we used that existing hardware and brought it into the SCADA platform within 60 days at a low cost of two cents per BOE.

“Rather than going to each site, day-by-day, which is what the previous operator was doing, we were able to do everything directly from the office and/or another field,” she continued. “We feel that is a strong competitive advantage from a merger and acquisitions standpoint. It is a quantified value beyond just production.”

The ability to reduce field miles and better engage in remote operations is a broader business advantage to Canvas’ SCADA system. “Being able to route data into our field data capture as well as layering on some addition visibility with our SCADA system we allow our lease operators to make virtual visits,” Odorisio said. “If there are now critical alarms and they are comfortable that there is likely not a spill, rather than making physical trips we let them virtually visit.”

The results, she said, include a reduction of more than 27,000 field miles driven per year. The company has reduced its physical field visits by 20%, according to its most recent ESG report.

In the end, the partnership was able to lead Canvas Energy to success in achieving it’s three primary goals of the digital transformation: creating proactive operations, leveraging its multidiscipline personnel to help its lease operators and field staff, and create scalability to accommodate its future M&A activities.  

 

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Emerson Supports Sustainability with Improved Cloud-Hosted Industrial Control Platform

Posted by Community Contributor on Mar 29, 2022 11:03:48 AM

 

AUSTIN, Texas (March 29, 2022) Zedi Cloud SCADA platform moves to Microsoft Azure for superior scalability and tighter security to help industries meet sustainability goals

Emerson, a global software, technology and engineering leader, has improved the scalability, data protection and threat intelligence of its Zedi™ Cloud SCADA software-as-a-service control platform by moving it to the Microsoft® Azure cloud platform. The more robust cloud host enables customers to securely scale their supervisory control and data acquisition (SCADA) systems quickly and easily to achieve environmental, social, and governance (ESG) commitments, better safeguard critical business assets, and empower users to adapt their operations to changing requirements while mitigating risks and operational costs.

Most industrial operations are challenged to efficiently meet cost reduction targets and demonstrate actions to attain sustainability goals. Emerson’s Zedi Cloud SCADA platform uses advanced automation and software, including proven machine learning algorithms and artificial intelligence to build predictive models that lead to autonomous operations over time, helping support sustainability efforts in oil and gas, water/wastewater and other data-intensive industries. Critical data from those predictive models can then be stored in an operation’s data historian to more easily track and trend performance and emissions and demonstrate compliance to regulators.

“By moving to Azure, we can better provide managed IIoT services across the edge and cloud that easily connect, monitor and control assets around the world with multi-layered security, increased global data centers, and enhanced infrastructure,” said Nathan Pettus, president of Emerson’s process systems and software business. “The change improves Emerson’s already strong positioning to lead successful digital transformation efforts for several industries, providing solid and sustainable results with a vastly scalable, cloud-based solution that’s highly secure and extremely cost-effective.”

Zedi Cloud SCADA platform moves to Microsoft Azure for superior scalability and tighter security to help industries meet sustainability goals

The move to Microsoft Azure provides the best scalability and enterprise-level functionality of all available cloud platforms. Users can add or remove assets as needed to manage traffic spikes, which is particularly useful as organizations acquire other businesses and need to scale rapidly to accommodate new assets and bring them online quickly. Azure also provides greater hybrid cloud flexibility to enable users to work remotely while maximizing existing on-premises assets for a faster path to safe and effective autonomous operations.

“I'm excited to see our customers expand their use of Microsoft products,” said Gary Nafus, vice president, manufacturing, Microsoft U.S. “The ultimate win is building trust with our customers when they select our products for critical operations, as we aim to continue to empower their business and tech efforts. I look forward to seeing Emerson’s use of Microsoft Azure to help power their Zedi Cloud SCADA platform– improving performance, ultra-high data resolution, and more flexibility for increased scalable and collaborative work. ESG efforts are very important today and this expansion will help push those efforts forward in a strong way.” 

The Zedi Cloud SCADA platform helps personnel manage advanced analytics in formats that present authorized end users with clear, easily understood data accessible in the cloud anytime from anywhere. This improved access to intuitive data enables easy remote monitoring of assets, helping users improve operational performance even in rugged, dangerous, or distant locations. Increased layers of cybersecurity and the more robust network afforded by the Azure platform enable customers to further protect data for advanced continuity of operations.

Media:
• Contacts: Emerson Automation Solutions Global Media Contacts

Additional resources:
• Join the Emerson Automation Solutions Community
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About Emerson
Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial and residential markets. Our Automation Solutions business helps process, hybrid and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency and create sustainable infrastructure. For more information visit Emerson.com.

Emerson Receives 2021 IoT Breakthrough Award for ‘Analytics Platform of the Year’

Posted by Community Contributor on Feb 12, 2021 8:15:00 AM

Jan. 20, 2021 - Emerson (NYSE:EMR), a global automation technology and software company, has received the “IoT Analytics Platform of the Year” award for its Plantweb Optics™ Analytics software. The honor, part of the 5th annual IoT Breakthrough Awards, recognizes Emerson’s analytics software that uses artificial intelligence and machine learning to improve reliability, safety and sustainability while optimizing production for industrial manufacturers.Screen Shot 2021-02-12 at 6.15.18 AM

“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 value creation for our customers.”

 

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About Emerson 
Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Our Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. For more information, visit Emerson.com.

Forward-Looking and Cautionary Statements
Statements in this press release that are not strictly historical may be “forward-looking” statements, which involve risks and uncertainties, and Emerson undertakes no obligation to update any such statements to reflect later developments. These risks and uncertainties include economic and currency conditions, market demand, pricing, protection of intellectual property, cybersecurity, tariffs, competitive and technological factors, among others, as set forth in the Company’s most recent Annual Report on Form 10-K and subsequent reports filed with the SEC.

Permian Basin Oil and Gas Magazine features Zedi in article

Posted by Community Contributor on Mar 5, 2018 4:16:37 PM

An article in the Permian Basin Oil and Gas Magazine featured Zedi in an article on machine learning and advancements in IT in the oil and gas sector.

The article features Richard Link, Senior Market Manager for Software Solutions, who speaks to Zedi's current capabilities with alarming and how the technology today is much more advanced than a simple alarm saying something is wrong. By comparing historical data against alarms to "teach" the machines. The articles quotes Link by saying "We're setting up scenarios that push the system outside of its normal parameters and we're letting the software learn all of that; learn whats normal so that it can determine what an alarm is."

The article also speaks to the large amount of data available in today's oil and gas climate, and the importance of having that data in formats that are shareable between systems.

CLICK HERE TO READ FULL ARTICLE

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Zedi featured in Daily Oil Bulletin

Posted by Community Contributor on Jan 24, 2018 2:53:11 PM

An article was posted on the Daily Oil Bulletin featuring Zedi's application of Industrial Internet of Things (IIoT) in the food retail space. It also discusses our current 1.4 million sensors, in 25 countries which generate over 50 million readings per day.

Zedi's CEO, Matthew Heffernan, recently represented Zedi in a summit organized by Calgary Economic Development, which brought together various tech companies from around Silicon Valley. The purpose was to educate and share the digital technology being used in the energy space.

Click here to read the full article

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Zedi Participates in AsTech Next Generation Showcase

Posted by Community Contributor on Nov 3, 2017 11:30:00 AM

Calgary, AB - November 3, 2013 - Zedi is excited to participate in the 2017 AsTech Next Generation Showcase and Awards 28th Annual ASTech Awards ceremony, hosted at Telus Spark, Friday November 3rd. The showcase features companies and students groups with interesting and interactive new technology applications to display to over 500 sector leaders from across different industries. Exhibits will feature the areas that drive the Alberta economy including Energy, Agriculture, Health, Technology, Start-Ups and Science Fair Innovators.

Zedi featured its integrated new wireless Low-power Wide-area Network (LPWAN) technology that is backed by into our platform, allowing us to retrofit existing, un-networked equipment with small, low-cost “motes” that wirelessly connect to a Zedi Industrial Internet of Things (IIoT) hotspot. From there, we can get operational data previously unavailable to service personnel into the cloud, providing new and valuable insights into asset performance not previously seen.This solution is one example of how Zedi is exploring other promising markets, like Smart AgriFoods, CleanTech, and Food Services.

In 2014, Zedi recognized by the ASTech Foundation for Leadership in Technology and was awarded the awarded Outstanding Commercial Achievement in Science and Technology at the ASTech Foundation Awards Gala. The award recognizes a company that demonstrates achievement with measurable results in a science and technology related business. Zedi was recognized for its use of the latest M2M, Cloud, and Analytics technologies available to reliably connect to our customers’ remote sites and provide industry-leading monitoring solutions.

About ASTech Foundation

The Alberta Science and Technology Leadership (ASTech) Foundation is a non-for-profit organization founded through an industry initiative in 1989. The ASTech Foundation was created to showcase the substantial achievements in Science & Technology in Alberta and to promote the importance of these activities to social and economic benefit. ASTech has grown with the support of patron organizations spanning major industries – including agriculture, health, energy, and technology – all of whom recognize and celebrate excellence in science and technology in Alberta.

About Zedi

Zedi is a leading IIoT company with a background in oil and gas technology and services in the field of production operations. We have 15 years of experience in gathering sensor-sourced asset performance data as well as our ongoing innovation in LPWAN technology. With our unique combination of award-winning automation, data management and field and professional services, we offer complete solutions for the challenges our customers encounter.

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Zedi Mentioned in Permian Basin O&G Magazine

Posted by Community Contributor on Sep 15, 2017 9:00:00 AM

Zedi's Manager, Customer Solutions Engineering, Adin Nand, was quoted in an article in the PB Oil and Gas on the rise of I.T. in the Oil and Gas industry. He speaks specifically to how the IT revolution is also about connecting man to machine. 

Adin is quoted saying "Any company in IoT [Internet of Things] who wants to be successful has to be able to display [data] in reports, trends, KPIs, [and] tables, [as well as] export for investors, people that can look at it in real time from a maintenance perspective. We call that the human to machine interface, the HMI. That’s very important.”

CLICK HERE TO READ FULL ARTICLE

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Zedi Leverages its IIoT to Diversify into the AgriFood and Food Service Industries

Posted by Community Contributor on Aug 8, 2017 2:49:03 PM

Calgary, AB – (August 8, 2017) – Zedi Inc. is pleased to announce the first three applications of its Industrial Internet of Things (IIoT) platform into the AgriFood industry.

The first positions Zedi’s IIoT platform capabilities in primary production with livestock, and involves monitoring important information on feed, water supply and living conditions on a 45,000 chicken operation on a farm in Montana.  All data collected reports into Zedi Access™, Zedi’s cloud-based application, and Zedi Go, Zedi’s mobile App for iOS and Android. This enables the farm operators to be more responsive should feed run low, or living conditions deteriorate through alarms by exception.

The second application uses Zedi’s IIoT platform capabilities in primary production, on the crop side of the business. Zedi has paired its Zedi Mote Low-Power Wide-Area Network (LPWAN) technology with third-party soil moisture and temperature sensors to monitor conditions on a 640-acre farm in Nebraska. The sensors and Zedi Motes are powered from AA batteries, and communicate through a LPWAN hotspot to a Zedi IIoT Gateway located nearby, which then relays the sensor information to Zedi Access™ and Zedi Go. This enables the farm operator better insight into the need for water application, saving them money on pivot irrigation costs.

The final application involves asset monitoring in the Food and Beverage service industry in the greater Edmonton area. Zedi has used its Zedi Mote LPWAN technology to allow Food dispensing machines to communicate through an LPWAN hotspot to a Zedi IIoT Gateway located nearby, and report important operational information to Zedi Access and Zedi Go. This enables technical service staff to monitor fill levels of consumable inputs and machine performance, allowing them to better manage servicing strategy. It helps reduce call-out costs and improve uptime for the client, enhancing revenue generation of the machine.

All three applications leverage Zedi’s 15 years of experience in gathering sensor-sourced asset performance data as well as their ongoing innovation in LPWAN technology. These sectors are expected to drive significant traffic growth on the Zedi Platform, which as of July 31, 2017 monitors 1.42 million sensors, and consumes 49 million readings per day.

In Canada and the US the primary agriculture, input dealers, and equipment suppliers represent $420 billion in annual GDP (2016 figures). Canada is the world’s 5th largest Agriculture and AgriFood System (AAFS) exporter, while the US is 2nd. In its February 2017 tranche of reports, the Advisory Council on Economic Growth highlighted the AgriFood sector as a high-potential sector for Canada, and challenges facing the AgriFood industry throughout North America – traceability for food quality and nutrition, productivity, GHG reduction, sustainability in the face of climate change – can all benefit from the application of IIoT technology like Zedi’s as part of the “Smart Agriculture” transformation.

About Zedi

Zedi is a leading oil and gas technology and services company in the field of production operations. Through technology backed by expert consultation and services, we help our customers realize their potential production. With our unique combination of award-winning automation, data management and field and professional services, we offer complete solutions for the challenges our customers encounter.

 

Zedi’s LPWA Technology Receives 2017 Outstanding Product Achievement Award

Posted by Community Contributor on May 18, 2017 9:53:33 AM

Calgary, AB (May 18, 2017) – Zedi Inc. is excited to announce it has been awarded the 2017 Outstanding Product Achievement Award by the Canadian Advanced Technology Association (CATA) and Sprott School of Business at Carlton University. Zedi has been recognized for its new low power wide area technology (LPWAN) capabilities as part of their Internet of Things (IoT) Platform.

Annually, CATA and its partners recognize a Canadian organization for outstanding technology engineering development, which has resulted in a world-class product or family of products. The product will have proven itself in operation, design and market success and will have enhanced Canada’s international reputation for innovation and excellence.

“This award recognizes Zedi’s ongoing skill in identifying and integrating useful emerging technologies to create practical solutions for customers,” said James Freeman, CTO and President, New Ventures at Zedi. “LPWA technology in particular will be a key enabler of the IIoT, and Zedi is proud to be on the forefront of introducing this technology not only to our customer base in Oil & Gas, but also into other attractive growth sectors of our economy.”

The CATA Awards are held on Wednesday, May 17 in Ottawa, to celebrate the best in Canadian innovation and outstanding achievement. Zedi would like to congratulate all the other recipients of awards for their achievements.

Zedi adds the 2017 Product Achievement Award to their growing list of recognition of innovation and success including the 2015 TechRev – Innovator Award, the 2015 IoT Evolution Excellence Award and the 2014 ASTech – Outstanding Commercial Achievement Award.

About Zedi

Zedi is a leading oil and gas technology and services company in the field of production operations. Through technology backed by expert consultation and services, we help our customers realize their potential production. With our unique combination of award-winning automation, data management and field and professional services, we offer complete solutions for the challenges our customers encounter.

For more information please contact:

Rebecca Geddes
Marketing Communications Manager
C: 403-828-7375
Rebecca.Geddes@zedisolutions.com