• Global customer value cited as Emerson honored for fourth consecutive year
PALO ALTO, CA, May 15, 2007 -- For the fourth year in a row, Frost & Sullivan has selected Emerson Process Management, an Emerson business (NYSE: EMR), as Company of the Year for industrial automation and process control. The 2007 Company of the Year Award recognizes Emerson for continuously providing services and innovations that help its customers worldwide drive their performance to new heights in an increasingly challenging marketplace.
Frost & Sullivan presents the award annually after conducting interviews with all market participants, customers, and suppliers, and after performing extensive secondary and technology research. Criteria including the number of new customers, new segments, commitment to business expansion and market growth are considered, as well. The recipient is chosen for exhibiting exceptional customer service, management, consistent growth, and for having positive social and economic impact on local and national communities and customers.
"Emerson has always been on the forefront of technological innovation, most recently illustrated by the company's introduction of its revolutionary Smart Wireless automation solutions," said Frost & Sullivan Industry Manager Kishan M Bhat. "These field-proven solutions extend the predictive capabilities of PlantWeb(r) digital architecture to improve plant availability and performance, delivering new data to users that previously were physically and economically out of reach."
Access to more data expands the power of local and mobile operators and plant personnel to improve predictive operations and boost plant availability and performance. Emerson's Smart Wireless solutions have demonstrated in field trials and initial deployment extreme reliability and up to 90 percent reduction in installed cost when compared to wired networks.
Emerson's proven solutions are powering robust growth for the company, which saw a 16 percent rise in fiscal 2006 worldwide sales.
"We are honored to receive this recognition from Frost & Sullivan for the fourth consecutive year," commented John Berra, president of Emerson Process Management. "Certainly we owe this success to our close automation partnerships with customers who are building and modernizing facilities around the world to meet the ever-growing resource, energy, and production demands in safe and environmentally friendly ways."
Emerson has further driven growth by addressing the needs of the emerging economies of Asia, providing management solutions for ten new coal-fired power plants in China and upgrades to existing installations at a cogeneration plant in Russia. The company has been selected as automation supplier for LNG facilities in Qatar, a refining and ethylene complex in Asia, and has also been instrumental in the development of new power and pulping projects and upgrades of existing power, refining, and chemical facilities in China, Eastern Europe, South America, and North America.
"The global footprint of the company and its outstanding engineering capability coupled with a sound business process empowers Emerson to deliver the same benefits at all customer locations," Bhat said. "Emerson's ability to manage projects at multiple locations gives customers a powerful incentive to partner with the company repeatedly, which has increased its business volume."
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years.
Emerson Process Management, an Emerson business, is a leader in helping businesses automate their production, processing and distribution in the chemical, oil and gas, refining, pulp and paper, power, water and wastewater treatment, food and beverage, life science, and other industries.
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