Emerson, a technology and engineering company, has completed the purchase of Zedi’s software and automation business
The addition of Zedi’s cloud supervisory control and data acquisition (SCADA) platform will further enable Emerson to help oil and gas producers increase production and lower operating costs through cloud-based monitoring, control and optimisation.
Lal Karsanbhai, executive president of Emerson’s automation solutions business, said, “As world energy demand continues to grow, helping our vital oil and gas market customers maximise their resources is a top priority. The addition of Zedi strengthens our ability to help customers leverage the latest advances from the field to the refinery.”
Customers are currently using Zedi’s technology to monitor more than two million sensors and thousands of devices and applications. By combining Zedi’s scalable cloud platform and application expertise with Emerson's extensive portfolio of applications, controller, instrumentation and flow metering, this acquisition expands Emerson’s opportunities across the global oil and gas production market.
Jim Nyquist, group president of Emerson’s systems and solutions business, added, “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,” he noted.
Zedi’s software and automation businesses are based in Calgary, Canada, with approximately 155 employees in North America.
