Emerson announced it has acquired KnowledgeNet (KNet) software from Tunisia-based Integration Objects. KNet’s analytics application software accelerates digital transformation initiatives for process and hybrid industries.
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.
KNet will be integrated with Emerson’s Plantweb digital ecosystem, which helps customers deliver measurable business outcomes from digital transformation initiatives. Combined with Emerson’s Failure Modes and Effects Analysis (FMEA) Library and consulting services, KNet will help enhance the comprehensive analytics solution Emerson offers to customers.
In addition, Emerson will hire several team members from Integration Objects and open a new branch office in Tunis, Tunisia, to support the integration of KNet.