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E&P Digital Solutions: The Hidden Costs of Self-Implemented Automation

Posted by Community Contributor on May 18, 2020 2:45:09 PM

The implementation of cloud-based automation services can deliver cost savings and increases in operational efficiencies for oil and gas producers.Cloud SCADA

May 13th 2020 – With capital tight and income stagnant, producers are increasingly looking to automation to boost efficiencies and reduce expenditures. But those goals are not automatically accomplished by buying some sen­sors, off-the-shelf SCADA software and an extra server.

In fact, in-house automation systems are very expen­sive compared to third-party, cloud-based versions in a number of ways, many of which are not obvious. This article addresses four areas in which outsourcing can be more efficient, including some costs of in-house systems that are not always included in the decision-making process.

Time to implement

Time is money, and for a company leaning on automa­tion for cost savings, every day’s delay in implementa­tion can cost thousands of dollars. But delays extending to months or years are common for in-house systems.

Read the full story here from Hart Energy

 

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.

 

Emerson Completes Acquisition of Zedi’s Software and Automation Businesses

Posted by Community Contributor on Jul 8, 2019 3:12:33 PM

Acquisition to help company accelerate digital transformation in oil and gas industry

ST. LOUIS, July 8, 2019 – Emerson (NYSE: EMR) today announced it has completed the purchase of Zedi’s software and automation businesses. The addition of Zedi’s cloud supervisory control and data acquisition (SCADA) platform will further enable Emerson, a global leader in automation, to help oil and gas producers increase production and lower operating costs through cloud-based monitoring, control and optimization.

“As world energy demand continues to grow, helping our vital oil and gas market customers maximize their resources is a top priority,” said Lal Karsanbhai, executive president of Emerson’s Automation Solutions business. “Through our vast portfolio of automation technologies, we are helping the industry navigate ever-changing market dynamics and operational challenges. The addition of Zedi strengthens our ability to help customers leverage the latest advances from the field to the refinery.”

Zedi’s technology is currently enabling customers to monitor more than 2 million sensors and thousands of devices and applications. By combining Zedi’s scalable cloud platform and applications expertise with Emerson’s extensive applications, controller, instrumentation and flow metering portfolio, this acquisition expands opportunities for Emerson across the global oil and gas production market.

“Oil and gas producers today are challenged to meet production targets while controlling costs, and they are looking for opportunities to transform operations and make their teams more effective through digital solutions like analytics and mobility,” said Jim Nyquist, group president of Emerson’s systems and solutions business. “This important investment bolsters our portfolio and ability to help Emerson’s customers achieve Top Quartile performance through emerging Industrial Internet of Things technologies.”  

Emerson and Zedi’s software and automation businesses share a common vision of automating the production process through edge and cloud analytics and machine learning. The combined software and expertise of the two companies will provide producers with scalable and easily deployable end-to-end connected solutions to optimize and manage their operations.

Zedi’s software and automation businesses are based in Calgary, Canada, with approximately 155 employees in North America.

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.

 

Zedi’s technology supports student project at NAIT

Posted by Community Contributor on Jun 13, 2018 6:33:39 PM

Zedi is proud to support the local communities in which we operate and are pleased to share this exciting example of connecting our technology with local partners. Students at NAIT (Northern Alberta Institute of Technology) created a tool to "gather data on emerging technology in wireless internet connectivity" and utilized Zedi's technology to bring their project idea into reality.

A student group in the Technology Management program, "built a prototype and tied that into Zedi’s existing secure cloud infrastructure technology Zedi Access, which was provided to the students." The Capstone projects completed by NAIT students act as a learning experience that also enhances the students' career and networking opportunities, while building partnerships in the community.



Click here to read the full article from NAIT's website

 

 

 

Zedi's customer focused attitude featured in Midland paper

Posted by Community Contributor on Oct 14, 2017 1:16:00 PM

An article was included in the Midland Reporter-Telegram featuring Zedi and its unique culture when it comes to customer services and employee culture. US President and CCO at Zedi, Mr. Ilario Spagnolo, was quoted speaking about the empowerment that Zedi gives each team member is "entrusted with the ability to make decisions “as if they were running the company."

He continues to explain that Zedi's customer first attitude is implemetned from all levels and areas of the company, while also making sure to listen to customers concerns and work with them to solve problems. The article quotes Spagnolo by saying, "We found that we needed to be a lot more creative in terms of putting together special financing offers for our customers,” Spagnolo says. “We were able to put the payment terms into digestible pieces for our customers as opposed to them having to spend all the money day one. That came directly from our front line.”

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.