Data & Digital: TotalEnergies and Emerson Sign a Strategic Collaboration to Boost the Value of Industrial Data
Rhea-AI Summary
Emerson (NYSE:EMR) and TotalEnergies have announced a strategic collaboration to implement large-scale industrial data collection solutions across TotalEnergies' operational sites. The partnership centers on deploying Emerson's AspenTech Inmation™ technology worldwide.
The two-year rollout will establish an industrial data fabric that will continuously collect and centralize millions of real-time data points from TotalEnergies' facilities. The collaboration aims to optimize operational efficiency, energy consumption, and environmental performance through advanced technologies and AI integration.
The digital infrastructure will enable TotalEnergies to accelerate anomaly detection, optimize energy usage, enhance operational safety, and expedite AI integration into industrial processes. This initiative is part of Emerson's Project Beyond, the industry's first software-defined, OT-ready digital platform.
Positive
- Strategic partnership with major energy company TotalEnergies expands Emerson's market presence
- Two-year deployment plan provides steady implementation revenue stream
- Strengthens Emerson's position in industrial automation and digital transformation
- Builds upon existing 30-year relationship with TotalEnergies
Negative
- None.
News Market Reaction – EMR
On the day this news was published, EMR gained 1.00%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
- TotalEnergies and Emerson are joining forces to implement large-scale industrial data collection solutions across TotalEnergies' operational sites.
- The aim is to leverage the power of continuous, real-time data collection to optimize the operational, energy and environmental performance of the Company's sites.
Leveraging data in real time…
Under the terms of the deal, TotalEnergies will roll out Emerson's AspenTech Inmation™ across its industrial sites worldwide. This industrial data fabric will continuously collect and centralize millions of real-time data points from TotalEnergies' facilities, providing secure and unified access to data across the organization.
The digital infrastructure, which also includes Emerson's advanced process control solutions, will subsequently allow TotalEnergies to deploy AI use cases.
...to improve industrial performance
This rollout is planned over a two-year period and will ultimately enable TotalEnergies to extract more value from its data by:
- Accelerating the detection of anomalies and performance degradation;
- Optimizing energy consumption;
- Enhancing operational safety;
- Speeding up the integration of AI into industrial processes.
"At TotalEnergies, digital technology is a key enabler of our transformation toward a more sustainable and efficient energy future. Our collaboration with Emerson demonstrates how advanced technologies such as Inmation help us optimize operations, reduce emissions, and generate long-term value. This collaboration is a sign of our intention to turn data and digital tech into the hallmarks of our facilities' industrial excellence," said Namita Shah, President of OneTech at TotalEnergies.
"Emerson's Aspen Technology business has worked with TotalEnergies for almost 30 years, and we're excited to continue our collaboration by supporting their operational and sustainability objectives with our digital technologies. The powerful combination of AI and our industrial data fabric solution will serve to accelerate TotalEnergies' mission," said Vincent Servello, President of Emerson's Aspen Technology business.
Emerson's Inmation technology is a key component of Emerson's recently announced Project Beyond, the industry's first software-defined, OT-ready digital platform that seamlessly integrates and optimizes industrial operations to help customers enable Boundless Automation℠.
About Emerson
Emerson (NYSE: EMR) is a global industrial technology leader that provides advanced automation. With an unmatched portfolio of intelligent devices, control systems and industrial software, Emerson delivers solutions that automate and optimize business performance. Headquartered in
About TotalEnergies
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.
Cautionary Note
The terms "TotalEnergies", "TotalEnergies company" or "Company" in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words "we", "us" and "our" may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies' financial results or activities is provided in the most recent Universal Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).
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SOURCE Emerson
FAQ
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