Emerson acquires KnowledgeNet (KNet) software from Tunisia-based Integration Objects. KNet’s analytics application software accelerates digital transformation initiatives for process and hybrid industries, according to Emerson.
KNet is used to extract, clean, transform and analyze operational and manufacturing data. Using libraries of advanced statistical and machine-learning algorithms, the software consumes large quantities of diverse information technology (IT) and operational technology (OT) data into actionable knowledge that drives real-time decisions to improve process and asset performance, according to Emerson.
“Emerson has had a long-standing alliance with Integration Objects and has used KNet to solve complex operational challenges for its customers,” says Pat Fitzgerald, vice president and general manager of Emerson’s reliability solutions business. “We are excited to leverage KNet’s easy-to-use advanced analytics and automated root cause identification to provide differentiated insights into operational health to improve uptime and performance.”
KNet will be integrated with Emerson’s Plantweb digital ecosystem, which helps customers deliver measurable business outcomes from digital transformation initiatives, according to the company. Combined with Emerson’s extensive Failure Modes and Effects Analysis (FMEA) Library and consulting services, KNet will enhance Emerson’s analytics offerings.
Emerson will hire several team members from Integration Objects and open a new branch office in Tunis, Tunisia, to support the integration of KNet, according to the company.
For more information, visit: www.emerson.com
