Latest news with #AspenTech
Forbes
22-05-2025
- Business
- Forbes
$40 Billion Of M&A In 4 Years But More ‘May' Follow, Says Emerson COO
(AP Photo: Tom Gannam) Despite having made $40 billion worth of acquisitions over the last four years, global industrial automation and technology giant Emerson (NYSE: EMR) may not be quite done yet, according to the company's chief operating officer Ram Krishnan. Some of the company's recent big ticket buys include automated test equipment and virtual instrumentation software company National Instruments for $8.2 billion, in 2023, and industrial software leader AspenTech with the deal valued at $7.2 billion, earlier this year. In an exclusive interview on Thursday, on the sidelines of Emerson Exchange, the company's annual leadership event in San Antonio, Texas, U.S., Krishnan said building further operating strength focused on Emerson's core competencies - i.e., process hybrid industries around production automation, and test and measurements - would remain a key driver. "It's not about elevated levels of M&A spending by us but the quest for the right kind of asset. Our acquisition strategy will be centered on both our core domains and what high quality assets we can bring in to the Emerson family. "On the production automation side, certainly we've got already have a very comprehensive scope in terms of pressure, temperature, level flow instrumentation, analyzers, control valve, pressure relief valves, isolation valves - you name it. So, I don't see a lot of opportunity for us or the need to build out that capability. 'Certainly there are elements in the research and development side in the automated test sphere where we may consider acquisitions. However, bulk of our moves would all likely be around optimization and software that would augment our vision of the enterprise operations platform and further our core ambition of boundless automation. Anyone who knows us, knows that's a clear area of focus for us,' Krishnan said. With the big two industrial software vendors in the space - AVEVA and AspenTech - already having been acquired by Schneider Electric and Emerson respectively, the market's focus is turning to another leading industrial software firm Cognite. Ram Krishnan, chief operating officer of Emerson speaks at Emerson Exchange 2025 in San Antonio, ... More Texas, U.S. Krishnan declined comment on whether Emerson would be interested in Cognite. 'We have certain targets in mind and I would not like to go into specifics. Doubtless, our competitors have their own wish lists.' Unsurprisingly, as the industrial software and automation market heats up, Emerson may be leading the pack on valuation, but the likes of ABB, Honeywell, Siemens, Schneider and Yokogawa have not held back in recent years either. Krishnan noted: "Given that context, our move for AspenTech should not come as a surprise. Software and industrial optimization is a domain that industrials cannot ignore because ultimately in any technology stack – you've got to have hardware and software. 'But the vision for most would be software defined hardware advantaged. You've got to have the best-in-class software to generate the data, and perform the measurement or actuation function.' Krishnan said the value for customers unlocking higher productivity, reliability, safety and sustainability would come through software, artificial intelligence, the industrial internet of things, and the 'ability to covert data into actionable insights.' Emerson's ultimate objective, Krishnan added, is to help its customers and the wider industrial and manufacturing complex move operations from what is today 'a digitally connected plant to one that is self optimizing" and autonomous. To that end, Emerson launched its enterprise operations platform named 'Project Beyond' on Monday, which is being tipped as the "industry's first software-defined, operational technology-ready digital platform' that will deploy and manage its suite of new artificial intelligence applications and models. 'Project Beyond is the latest in a line offerings from us promising customers software defined, enterprise level execution on the road towards autonomy, which I believe will unlock a lot of value for our customers,' the Emerson COO concluded.
Forbes
21-05-2025
- Business
- Forbes
Emerson To Seamlessly Integrate Its Industrial Automation Tech Stack
(Photo Illustration: Budrul Chukrut) SOPA Images/LightRocket via Getty Images Global technology giant Emerson (NYSE: EMR) said Tuesday it would "seamlessly integrate" its entire industrial automation stack for customers under a new software-defined enterprise operations platform. The move follows the completion of Emerson's takeover of industrial software solutions provider AspenTech in January in a deal valued at $7.2 billion. The seeds of the takeover were planted in 2022, after Emerson initially completed a majority investment stake in AspenTech with an initial stock holding of 55%. But in less than three years, the global giant upped the stakes to buy AspenTech outright, delisting it from the NASDAQ in the process. Launching the enterprise operations platform - named 'Project Beyond' - at Emerson Exchange 2025, the company's week-long leadership and customer conference in San Antonio, Texas, U.S., it noted the offering would be 'the industry's first software-defined, operational technology-ready digital platform' that will deploy and manage its suite of new artificial intelligence applications and models. 'Project Beyond combines industrial AI with contextualized data across a diverse set of automation environments – embedded, edge and cloud – to unlock flexibility, safety, sustainability and performance,' it added. Emerson's move comes at a time of rising demand for increased software-defined capability and hardware-based AI accelerators, as the global energy, industrial and manufacturing complex strives for increased throughput and lower carbon emissions. The company claimed the speed of technology and industrial AI advancements, combined with increased computing power needs and the unprecedented volume and complexity of siloed data generated across industrial assets, requires a new, cost-efficient way for companies to leverage automation across the enterprise while protecting existing investments. The platform will 'tackle this challenge' by creating a 'flexible, scalable and secure' basis to connect customers' existing automation installed base with modern technologies to empower continuous, enterprise-wide visibility, optimization and, eventually, autonomous operations. Emerson did not provide financial targets for the platform at the launch but noted that 'Project Beyond will provide customers with a consistent platform to deploy and manage new AI applications and models, along with contextualized data.' It believes both existing and potential customers in industries such as energy, power, life sciences, chemicals and mining will be receptive to its move. 'Companies are eager to modernize automation and keep pace with the promise of new technologies like AI without ripping and replacing their existing infrastructure or dealing with the pain and costs of integrating new applications and millions of fragmented data points,' said Ram Krishnan, chief operating officer at Emerson. 'Project Beyond will use the power of software-defined control to introduce an entirely new, scalable, seamlessly integrated infrastructure with automated data contextualization to turn trapped data into powerful operational efficiencies.' The six building blocks of Project Beyond include - computing power, networking and connectivity, data operations, app marketplace, AI orchestration and a zero-trust security architecture for industries. In many ways, Emerson's acquisition of AspenTech paved the way for what has since followed in the shape of its latest product launch. 'By combining Emerson's industrial automation capabilities with AspenTech's deep software expertise – from modeling and optimization to machine learning and AI – we're embedding artificial intelligence into our systems, turning information into insights that will help our customers along their journey toward optimized autonomous operations,' Krishnan concluded.
Yahoo
15-05-2025
- Business
- Yahoo
Emerson Electric (NYSE:EMR) Sees 20% Stock Increase Over Past Month
Emerson Electric recently announced earnings guidance for the third quarter and fiscal year 2025, alongside affirming a quarterly cash dividend, highlighting its commitment to delivering shareholder value. Over the past month, the company's stock experienced a significant 20% increase. This move might correspond with broader market trends, where the S&P 500 and Nasdaq Composite have shown positive momentum. Emerson's solid sales growth in its latest earnings report, despite a dip in net income, coupled with its positive future guidance and stable dividend, likely added weight to the overall bullish sentiment seen across the markets. We've identified 2 warning signs with Emerson Electric and understanding the impact should be part of your investment process. The end of cancer? These 23 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. Emerson Electric's recent earnings guidance announcement and dividend affirmation underscore its commitment to shareholder value, a sentiment mirrored by its 20% share price increase over the past month. Looking at the longer-term horizon, Emerson's shareholders have enjoyed a total return, including dividends, of 137.48% over the last five years. However, in the past year, the company underperformed the US electrical industry, which posted a 14% gain. The integration with AspenTech and targeted cost synergies are vital to enhancing revenue and earnings forecasts. Analysts anticipate Emerson Electric's revenue will grow by 4.8% annually over the next three years, with expected earnings reaching US$3.2 billion by May 2028. The strategy of achieving cost synergies and offsetting tariff impacts, coupled with improving net margins, is central to these forecasts. Nevertheless, challenges such as the risk of muted sales recovery in key regions and ongoing tariff pressures could impact these targets. In the context of the share price, Emerson's current price of US$107.27 is at a discount to the analyst consensus price target of US$131.32, suggesting an 18.3% potential upside. This reflects optimism around the company's growth prospects and the execution of its efficiency-driving initiatives. However, there is some disagreement among analysts, with price targets ranging from US$99.0 to US$168.0, highlighting the varying expectations on the impact of market conditions and internal strategies on Emerson's performance. Investors should weigh these perspectives against their own assumptions and market insights. Evaluate Emerson Electric's prospects by accessing our earnings growth report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:EMR. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Emerson Electric (NYSE:EMR) Sees 20% Stock Increase Over Past Month
Emerson Electric recently announced earnings guidance for the third quarter and fiscal year 2025, alongside affirming a quarterly cash dividend, highlighting its commitment to delivering shareholder value. Over the past month, the company's stock experienced a significant 20% increase. This move might correspond with broader market trends, where the S&P 500 and Nasdaq Composite have shown positive momentum. Emerson's solid sales growth in its latest earnings report, despite a dip in net income, coupled with its positive future guidance and stable dividend, likely added weight to the overall bullish sentiment seen across the markets. We've identified 2 warning signs with Emerson Electric and understanding the impact should be part of your investment process. The end of cancer? These 23 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. Emerson Electric's recent earnings guidance announcement and dividend affirmation underscore its commitment to shareholder value, a sentiment mirrored by its 20% share price increase over the past month. Looking at the longer-term horizon, Emerson's shareholders have enjoyed a total return, including dividends, of 137.48% over the last five years. However, in the past year, the company underperformed the US electrical industry, which posted a 14% gain. The integration with AspenTech and targeted cost synergies are vital to enhancing revenue and earnings forecasts. Analysts anticipate Emerson Electric's revenue will grow by 4.8% annually over the next three years, with expected earnings reaching US$3.2 billion by May 2028. The strategy of achieving cost synergies and offsetting tariff impacts, coupled with improving net margins, is central to these forecasts. Nevertheless, challenges such as the risk of muted sales recovery in key regions and ongoing tariff pressures could impact these targets. In the context of the share price, Emerson's current price of US$107.27 is at a discount to the analyst consensus price target of US$131.32, suggesting an 18.3% potential upside. This reflects optimism around the company's growth prospects and the execution of its efficiency-driving initiatives. However, there is some disagreement among analysts, with price targets ranging from US$99.0 to US$168.0, highlighting the varying expectations on the impact of market conditions and internal strategies on Emerson's performance. Investors should weigh these perspectives against their own assumptions and market insights. Evaluate Emerson Electric's prospects by accessing our earnings growth report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:EMR. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Mid East Info
19-02-2025
- Business
- Mid East Info
Emerson Showcases Advanced Automation Technologies at EGYPES 2025 - Middle East Business News and Information
Emerson supports Egypt's Vision 2030 and National AI Strategy 2025-2030 CAIRO — Emerson, an industrial technology leader delivering advanced automation solutions, will showcase its technologies and software at the Egypt Energy Show (EGYPES) 2025, Feb.17-19 at the Egypt International Exhibition Centre in Cairo, booth #2E20 in Hall 2. In line with the event's theme 'Building a secure and sustainable energy future,' Emerson will feature a range of innovative automation technologies designed to enhance operational excellence, digitalization and sustainability for Egypt's energy sector. This aligns with the country's energy security and digital transformation objectives, as outlined in its Vision 2030 and the recently launched National AI Strategy 2025-2030. 'With Egypt unveiling its National AI Strategy 2025-2030, this year's EGYPES has never been more relevant, especially when it comes to showcasing how industrial technology and software can support transformation in the energy sector,' said President of Emerson Middle East and Africa Mathias Schinzel. 'As energy companies undertake their own digitalization efforts, Emerson's solutions, software and expertise can help them strengthen their technology infrastructure with solutions like digital twins, AI-driven analytics and asset management software that optimize operations and enhance business performance.' Apart from driving digital transformation, Emerson is also committed to advancing sustainability in the energy landscape. During the upcoming EGYPES 2025, the company will showcase its scalable sustainability solutions including Energy Management Information Systems (EMIS), Predictive Emissions Monitoring Systems (PEMS), and carbon capture solutions, among others. 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.
