Emerson acquires software and automation businesses from Zedi

US-based technology and engineering company Emerson has acquired Zedi’s software and automation businesses in order to accelerate digital transformation in the oil and gas industry.

The acquisition included Zedi’s Cloud supervisory control and data acquisition (SCADA) platform. The businesses are based in Calgary, Canada.

It will also allow Emerson to help oil and gas producers increase production and operate at low costs through the Cloud-based monitoring, control and optimisation.

Emerson Automation Solutions business executive president Lal Karsanbhai said: “As world energy demand continues to grow, helping our vital oil and gas market customers maximise their resources is a top priority.

“Through our vast portfolio of automation technologies, we are helping the industry navigate ever-changing market dynamics and operational challenges. The addition of Zedi strengthens our ability to help customers leverage the latest advances from the field to the refinery.”

Using Zedi’s technology, customers will be able to monitor two million sensors and thousands of devices and applications.

The integration of Zedi’s Cloud platform and applications expertise with Emerson’s applications, controller, instrumentation and flow metering portfolio will increase opportunities for the latter across the global oil and gas production market.

Emerson Systems and Solutions group president Jim Nyquist said: “Oil and gas producers today are challenged to meet production targets while controlling costs, and they are looking for opportunities to transform operations and make their teams more effective through digital solutions like analytics and mobility.

“This important investment bolsters our portfolio and ability to help Emerson’s customers achieve top quartile performance through emerging industrial Internet of Things technologies.”

Emerson and its acquired businesses share a common view of automating the production process through edge and Cloud analytics and machine learning.

The combined software of the two companies will allow producers with scalable and easy-to-deploy solutions to optimise and manage their operations in an efficient manner.