Based on its recent analysis of the global industrial valves and actuators market, Frost & Sullivan recognizes Emerson with the 2019 Global Growth Innovation & Leadership Frost Radar Award. With more than 80,000 employees, Emerson is a global leader in supplying engineering technologies and services to customers in the industrial, commercial, and residential markets. Emerson's Automation Solutions business combines deep expertise and innovative technologies to guide its customers through digital transformation and enable game-changing improvements in safety, reliability, production, and energy management.
"With the acquisition of Pentair's valve business in 2017 and Advanced Engineering Valves in 2018, Emerson acquired the world's broadest portfolio of final control technologies for unlocking greater capital efficiency and asset productivity," said Anand Gnanamoorthy, Global Research Leader. "Their suite of products include control valves; pressure relief, butterfly, gate, globe, ball and check valves; actuators; and a global network of more than 200 service centers. Its variety of offerings enable it to better support customers and help them select the right product and maintain it to prolong the life of the asset."
The key solutions in its vast portfolio include Bettis™ high-performance actuation technologies, Anderson Greenwood™ and Crosby™ pressure management products, Fisher™ control valves and instrumentation, Vanessa™ isolation and shut-off valves, FIELDVUE™ digital valve controllers, and ValveLink™ diagnostic software. Its two major initiatives, the Main Valve Partner™ and Digital Isolation Valve programs, will enhance its ability to deliver a full range of valve body, actuator, controller, and position and feedback loop technologies.
"Emerson's next-generation technology blends smart instrumentation and valves with leading control software, cloud applications, and remote monitoring capabilities that allow companies from key industries such as chemicals, power, refining, mining, and oil and gas to integrate digital transformation technologies into their businesses," noted Anand Gnanamoorthy. "Overall, with the increased demand for process optimization, data integration, and solutions that enable a digitally empowered workforce, Emerson will continue to develop final control technologies that tap the power of Industrial Internet of Things platforms."
The Growth Innovation Leadership (GIL) best practice is bestowed upon companies that are market leaders at the forefront of innovation. These companies consolidate or grow their leadership position by continuously innovating and by creating new products and solutions that serve the evolving needs of customers. These companies are also best positioned to expand the market by strategically broadening their product portfolio.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.