Welcome to our dedicated page for Rockwell Automat news (Ticker: ROK), a resource for investors and traders seeking the latest updates and insights on Rockwell Automat stock.
Rockwell Automation, Inc. (NYSE: ROK) generates a steady flow of news related to industrial automation, digital transformation, and manufacturing technology. As a global company headquartered in Milwaukee, Wisconsin and focused on automation and digital solutions, Rockwell Automation issues updates that cover product launches, technology collaborations, manufacturing investments, financial results and corporate governance developments.
News about Rockwell Automation often highlights new hardware, software and services introduced to support industrial customers. Recent announcements have included FactoryTalk Design Workbench software for micro control systems, edge‑based generative AI capabilities integrated with NVIDIA Nemotron Nano for FactoryTalk Design Studio and other workflows, and the SecureOT solution suite aimed at strengthening cybersecurity resilience in operations technology environments. The company also uses its Automation Fair event to unveil new controllers, networking equipment, industrial PCs, panel PCs, edge gateways, analytics software and managed services.
Investors and industry observers following ROK news will also see updates on strategic investments and manufacturing capacity. Rockwell Automation has announced plans for a new greenfield manufacturing site in Southeastern Wisconsin, described as a potential largest manufacturing campus for the company, as well as milestones such as the first OTTO autonomous mobile robots rolling off the production line at its Milwaukee headquarters. These developments illustrate how the company is expanding its production footprint and applying its own technologies in its facilities.
Financial and corporate news items include quarterly and full‑year results, guidance for upcoming fiscal years, changes to credit facilities, dividend declarations and share repurchase activity. Rockwell Automation also reports on governance matters through filings and related communications. For readers interested in industrial technology, cybersecurity, AI at the edge and manufacturing trends, the ROK news page provides a centralized view of the company’s announcements and disclosures over time.
Rockwell Automation (NYSE: ROK) reported its first quarter fiscal 2021 results, revealing sales of $1,565.3 million, down 7.1% from last year. However, net income surged to $593.3 million or $5.06 per share, largely due to fair-value adjustments related to its investment in PTC.
Organic sales fell 9.7%. The company anticipates sales growth between 8.5% and 11.5% and adjusted EPS between $8.70 and $9.10 for fiscal 2021, driven by strong demand for Intelligent Devices and a favorable legal settlement.
Rockwell Automation (NYSE: ROK) has appointed Scott Genereux as senior vice president and chief revenue officer and Brian Shepherd as senior vice president of Software and Control, effective February 1. Genereux will oversee global revenue performance, focusing on increasing software sales and annual recurring revenue. Shepherd will lead the newly formed Software and Control segment, enhancing Rockwell's software and hardware capabilities. Both executives bring extensive industry experience, expected to drive strategic growth and enhance customer relationships in digital transformation.
Rockwell Automation (NYSE: ROK) has successfully acquired Fiix Inc., a Toronto-based AI-enabled CMMS company. This acquisition enhances Rockwell's software strategy and Lifecycle Services business by integrating Fiix’s cloud-native software, which optimizes equipment maintenance and drives data-driven decisions. The acquisition reflects Rockwell's commitment to sustainability by improving operational efficiency and reducing waste. Fiix will be included in Rockwell's Software & Control segment, further reinforcing its position in industrial automation.
Rockwell Automation, Inc. (NYSE: ROK) is set to announce its first quarter fiscal 2021 results on January 26, before the market opens. Investors can find the release on the company's Investor Relations website. Following the results, a conference call will commence at 8:30 a.m. EST, accessible via audio webcast. Additionally, presentation materials will be available in advance. Interested participants can join the call using specific dial-in numbers and a passcode. Both the presentation and a replay of the call will be accessible until February 26, 2021.
Rockwell Automation (NYSE: ROK) has announced enhancements to its Original Equipment Manufacturer (OEM) Partner Program, which now includes almost 3,300 manufacturers globally. The program aims to improve market access, simplify product alignment, and encourage OEMs to leverage Rockwell's technology. Significant updates include enhanced co-marketing opportunities, increased technical support, and better supply chain alignment. The program is currently open for enrollment across various regions, including North America, Asia, and Europe, with plans for Latin America in early 2021.
Rockwell Automation (NYSE: ROK) has launched new industrial PCs and software designed to enhance the reliability and security of visualization applications. The Allen-Bradley VersaView 6300 PCs and ThinManager software aim to reduce maintenance costs and the risks associated with unauthorized access. These solutions minimize points of failure, extend hardware lifespan, and support centralized cybersecurity measures. Additionally, customers benefit from simplified support and flexible licensing when using both hardware and software from Rockwell.
Rockwell Automation has boosted its cybersecurity capabilities by receiving certifications for the IEC 62443-3-3 and ISO 27001 standards. These certifications confirm their competence in implementing secure production systems and protecting customers' data integrity. Rockwell also launched new products featuring CIP Security to enhance secure communications across industrial control systems. Additionally, the CIP Security Proxy device has been introduced to safeguard devices lacking this technology. These advancements aim to help companies navigate digital transformation while maintaining operational security.
Rockwell Automation has launched LifecycleIQ Services, enhancing its service and solutions capabilities to drive innovation and sustainability. This new brand aims to improve customer engagement and productivity across industrial value chains. LifecycleIQ Services support digital transformation, cybersecurity, workforce development, and offer an Integrated Service Agreement for streamlined support. These initiatives were unveiled during the Automation Fair At Home event, showcasing Rockwell's commitment to helping companies optimize operations and achieve better outcomes.
Rockwell Automation (NYSE: ROK) has announced its agreement to acquire Fiix Inc., a privately-held, AI-driven computerized maintenance management system (CMMS) company based in Toronto. The acquisition aims to enhance Rockwell's software strategy and lifecycle services, providing a comprehensive view of integrated data for customers. Fiix reported a 70% revenue growth in 2019, with over 85% of its revenue being recurring. The transaction is set to close by the end of 2020, pending customary approvals.
Rockwell Automation (NYSE: ROK) is hosting its 29th annual Automation Fair® At Home from Nov. 16-20, primarily as a virtual event to ensure safety during the pandemic. Attendees can engage in over 175 educational sessions and explore more than 90 exhibits showcasing innovations in industrial automation and digital transformation. Notable keynote presentations will feature leaders from Rockwell Automation and various industry experts. Online registration is required for participation, and all events are free to attendees.