Fisher-Rosemount renamed Emerson Process Management
Austin, Tex.—To meld technology and industry expertise for delivering tailored process management solutions to its customers, Fisher-Rosemount announced April 23 that it's changing its name to Emerson Process Management. The company states the renaming also reflects its expansion into industry-specific engineering, consulting, and project management services.
Austin, Tex. —To meld technology and industry expertise for delivering tailored process management solutions to its customers, Fisher-Rosemount announced April 23 that it's changing its name to Emerson Process Management.
The company states the renaming also reflects its expansion into industry-specific engineering, consulting, and project management services. It adds these expanded services and solutions will complement Fisher-Rosemount's historic reputation for products, technologies, and automation architecture. Its new name and immediate adoption of a new logo also reinforces the company's link to its parent, St. Louis-based Emerson, and supports a corporate-wide branding strategy launched by Emerson in December 2000.
"These core brands will continue to be a mainstay of our product and technology offerings," says John Berra, Emerson's executive vp for process management. "By integrating the asset optimization, engineering, and industry services, which we've been building within our Performance Solutions unit, we become a robust and integrated organization with one face for our customers."
Process Solutions provides application, consulting, design, integration, marketing, and sales services. Its components include Industry Center of Excellence, which provides solutions for specific industries, and Performance Services, which delivers plant and facility maintenance, remote monitoring, performance audits, energy management, and other professional services.
Emerson Process Management's solutions include:
Products for measurement, analysis, final control; control systems and asset management software;
Integrated automation solutions based on open, standards-based PlantWeb field-based architecture;
Automation contracting engagements including consulting, process and IT engineering, commissioning, project management, and optimization; and
Performance-sustaining maintenance and asset utilization services.
Because customer support is essential, Emerson Process Management adds it will continue to focus on the experience and expertise of its local representative and direct-sales channels. To help with its expanded capabilities, industry and service experts have been added to help deliver tailored process management solutions.
In addition, a project is underway to centralize all transactions for the expanded company through a common business system. This is expected to aid customers by providing one access point for commerce. A secure extranet-based environment for this access will be rolled out later in 2001.
The worldwide market for industrial electronic temperature controllers will likely increase by 4.4% annually from $857.2 million in 2000 to $1.02 billion in 2004, according to "The Worldwide
Market for Industrial Electronic Temperature Controllers, 7th Edition" by Venture Development Corp. (Natick, Mass.). Researchers report this moderate growth indicates increased closing of temperature control loops in PLCs and PCs, rather than in temperature controllers.
Worldwide Shipments of Industrial Electronic Temperature Controllers
Multiple-loop unit volume
Average selling price
* $ in millions ** Compound annual growth rate
Source: Control Engineering with data from Venture Development Corp., www.vdc-corp.com
Added to Emerson Process Management will be Emerson's Valve Automation Group and Intellution (Norwood, Mass.). These two will join recent acquisitions Computation Systems Inc., MDC Technology, Asset Management and Asset Utilization Solutions, and Daniel.
Fisher-Rosemount's brands included Fisher Controls, Micro Motion, Rosemount, Fisher-Rosemount Systems, Rosemount Analytical, Brooks Instrument, Xomox and Westinghouse Process Control, Educational Services, as well as its PlantWeb field-based architecture.