Emerson is a multinational industrial group with a diversified product portfolio. However, software, especially independent software products, is becoming the core of the company’s software business, and it has already developed some very outstanding and large-scale software businesses, and has gained popularity among industrial users. Word of mouth.

Strategic shift

Emerson's embedded software products-such as DeltaV and Ovation automation and control systems-have sales of approximately $1.3 billion. The fastest-growing business is standalone software-products that are developed in-house and sold separately, rather than being embedded in equipment and systems. The sales of independent software increased to 1.1 billion U.S. dollars last year, mainly from strategic mergers and acquisitions and internally developed software technologies that help customers obtain and analyze data to improve operations.

Since 2016, Emerson has made a series of acquisitions in the field of data management, enhancing its capabilities in the fields of factory analysis, simulation software, cloud technology, and data collection.

   In 2019, Emerson established a new "Digital Transformation" business unit, which aims to meet the needs of customers for digital transformation and assist manufacturing companies in the development and implementation of digital technologies and procedures.

The road to digital transformation in the future

   Regarding the issue of future development, Emerson stated that it will continue to increase investment in software. This important strategy is not only affected by customer needs, but also Emerson's need to achieve long-term self-development.

Karsanbhai said: "We are deeply involved in the oil and gas industry, but as a leader of the company, my idea is to integrate digital business into different markets. Software is an important part of our future. The digital evolution we see today is not Home runs, but a bunch of shorts, singles and doubles. This form determines the way customers invest in the journey of digital transformation. A software order can provide customers with an opportunity to start digital transformation and also provide customers with An opportunity to get a quick return on investment."