Mike Train, Executive President
Emerson Automation Solutions
What if industry could recapture $1 trillion due to inefficient operations? Yes, $1 trillion with a “T.” It’s possible today. And the opportunity is unprecedented at a time when industries also need to boost profitability from existing assets and keep capital spending low. Check out the recent InTech Magazine “Executive Corner” article from Emerson’s Executive President Mike Train to understand the Industrial IoT strategies to becoming a top performer. The top performers – the top 25 percent of manufacturers versus the industry average -- who invest in IIoT see two weeks of extra production time, 20 percent lower operating costs, three times fewer safety incidents and 30 percent lower CO2 emissions and a third as much spending on energy.