Emerson and Zitara Partner to Enhance Battery Management Solutions
Rhea-AI Summary
Emerson (NYSE: EMR) and Zitara Technologies have announced a strategic partnership to enhance battery management solutions. The collaboration will integrate Zitara's advanced battery energy storage systems software into Emerson's Ovation™ automation platform, offering improved battery performance and monitoring capabilities.
The integration aims to provide enhanced energy storage management, optimized battery usage, and improved battery lifetime and safety across various applications. The partnership builds on Emerson's existing investment in Zitara through Emerson Ventures and will help utilities meet increasing demands for reliable, affordable, and sustainable power and water.
The enhanced Ovation platform will help power operators manage distributed energy resources using real-time data for improved load and demand management, while incorporating Zitara's advanced battery monitoring and controls solutions.
Positive
- Strategic partnership enhances Emerson's Ovation platform capabilities
- Integration expands energy storage technology offerings
- Builds upon existing investment relationship through Emerson Ventures
- Strengthens position in growing energy storage solutions market
Negative
- None.
News Market Reaction
On the day this news was published, EMR gained 0.26%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Collaboration builds on company's investment in Zitara's cutting-edge software through Emerson Ventures
By incorporating Zitara's advanced battery energy storage systems edge monitoring and control software into its Ovation automation platform, Emerson can now offer customers enhanced energy storage management, optimized battery usage, and improved battery lifetime and safety across various applications.
"Zitara's innovative approach to battery management aligns perfectly with our vision for Emerson's Ovation automation platform," said Bob Yeager, president of Emerson's power and water business. "By partnering with Zitara, we are expanding our energy storage technology offerings and service capabilities, ensuring that our customers have access to the latest advancements in battery storage management for accurate state of charge and health conditions, energy and power availability forecasting and predictive safety."
Emerson's Ovation software and technologies help utilities meet the increasing demand for reliable, affordable, and sustainable power and water. The next-generation platform helps power operators and owners with a complex portfolio of distributed energy resources use real-time data to improve load and demand management. The integration of Zitara's software will further enhance these capabilities by providing advanced battery monitoring and controls solutions that support the growing demand for reliable energy storage solutions.
"We are thrilled to partner and integrate our software into Emerson's renowned Ovation automation platform," said Shyam Srinivasan, CEO of Zitara. "This collaboration opens up significant opportunities for both companies, allowing us to provide our customers with state-of-the-art battery management solutions that drive profitability, efficiency and sustainability."
Emerson and Zitara's partnership leverages both companies' strengths to deliver innovative solutions to the market, underscores a shared commitment to advancing technology in the power and water sector, and supports the transition to more sustainable energy solutions. As part of this collaboration, both companies will work closely to ensure seamless integration and deliver exceptional value to their customers.
About Emerson
Emerson (NYSE: EMR) is a global technology and software company providing innovative solutions for the world's essential industries. Through its leading automation portfolio, including its majority stake in AspenTech, Emerson helps hybrid, process and discrete manufacturers optimize operations, protect personnel, reduce emissions and achieve their sustainability goals. For more information, visit Emerson.com.
About Zitara
Zitara is a leading provider of advanced battery management software, leveraging cutting-edge algorithms and machine learning to optimize battery performance, extend battery life, and enhance safety across various applications. Founded in 2019, Zitara is headquartered in
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SOURCE Emerson
FAQ
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