Emerson, 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.
Emerson’s Plantweb Optics Analytics is an industrial IoT analytics software that collects and interprets operational data to provide real-time visibility into equipment health and operational performance. With embedded domain knowledge, Plantweb Optics Analytics can improve performance at all levels across an enterprise, from simple equipment to complex assets, process units and entire production plants. Plantweb Optics is part of Emerson’s Plantweb™ digital ecosystem of transformational technologies, software and services.
Emerson’s Plantweb Optics Analytics software draws from a combination of data-driven models and principles-driven analytics to identify, predict and prevent more than 80% of common equipment failures, leveraging machine learning, predictive modeling and artificial intelligence to provide insight that impacts business performance. The company also recently introduced augmented reality (AR) technology for Plantweb Optics, enabling workers with enhanced access to critical information and expert guidance as well as empowering remote collaboration to maintain operations and prevent downtime.
The IoT Breakthrough Awards program recognizes innovators, leaders and visionaries from around the globe in a range of IoT categories, including Industrial IoT, Enterprise IoT, Consumer IoT, Connected Home and more. This year’s program attracted more than 3,850 nominations from companies all over the world.
Details Courtesy of Emerson.