Emerson and FLEXIM are collaborating to help process customers optimize their flow process design, flow meter selection and flow meter installation on capital projects to reduce execution risk and costs.
GE and Baker Hughes announced that the companies have entered into an agreement to combine GE's oil and gas business ("GE Oil & Gas") and Baker Hughes to create a global oilfield technology provider with a unique mix of service and equipment capabilities. The "New" Baker Hughes will be a major equipment, technology and services provider in the oil and gas industry with $32 billion of combined revenue and operations in over 120 countries.
Pepperl+Fuchs, a globally leading company in explosion protection by intrinsic safety and in industrial sensors, announced the acquisition of ecom instruments GmbH, the world market leader for mobile industrial devices for hazardous areas. The company domiciled at Assamstadt/Germany achieved their position as technology leaders by developing explosion proof cell phones, 4G smartphones and tablets. With this, Pepperl+Fuchs complements the portfolio and the know-how in explosion protection with mobile solutions.
Aspen Technology, Inc., a leading provider of software and services to the process industries, announced it has acquired Mtelligence Corporation (known as Mtell), a San Diego, California-based pioneer in the field of predictive and prescriptive maintenance for asset performance optimization.
Mtell products enable companies to increase asset utilization and avoid unplanned downtime by accurately predicting when equipment failures will occur, understanding why they will occur, and prescribing what to do to avoid the failure.
Honeywell and Flowserve announced they will collaborate to provide Industrial Internet of Things (IIoT) solutions to help industrial customers make their operations safer, more efficient, and more reliable. The collaboration will be part of the Honeywell INspire program, Honeywell's joint customer development program for its IIoT ecosystem.
Dell announced that Systems Integrators (SIs) have now been added to the Dell Internet of Things (IoT) Solutions Partner Program, which currently has an ecosystem of over 50 Independent Software Vendors (ISVs). These new additions to the program include Action Point, Datatrend Technologies, L&T Technology Services and Mobiliya.
L&T Infotech, a leading global IT services and solutions provider, announced that it will acquire Pune based AugmentIQ Data Sciences Pvt. Ltd., an innovative start-up offering IP-based, big data and analytics solutions that help enterprises derive business benefits from big data.
GE Digital and NEC Corporation announced that NEC is deploying GE's Predix, the world's first cloud-based operating system for the Industrial Internet, as part of the company's global supply chain improvement project. Through its use of the Predix platform, NEC will optimize its supply chain and factory operations, with the intent to achieve a substantial reduction in operational costs.
Schneider Electric, a global specialist in energy management and automation, has acquired Applied Instrument Technologies, Inc., a leading provider of online process analyzers for the hydrocarbon, petrochemical, chemical, pharmaceutical and steel-making industries. The acquisition adds to Schneider Electric's process automation portfolio that also includes Foxboro plant instrumentation, Foxboro and PlantStruxure PES process automation systems, Modicon PAC systems, and Triconex safety systems.
IBM Watson Health and Quest Diagnostics announced the launch of IBM Watson Genomics from Quest Diagnostics, a new service that helps advance precision medicine by combining cognitive computing with genomic tumor sequencing. Memorial Sloan Kettering Cancer Center (MSK) will supplement Watson's corpus of scientific data with OncoKB, a precision oncology knowledge base to help inform precision treatment options for cancer patients.