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    Breaking News

    Emerson Digitally Transforms Turnarounds to Seize $25 Billion Savings Opportunity for Customers

    Connected expertise, predictive data analytics help customers accurately determine scope and precisely plan work.

    Emerson Digitally Transforms Turnarounds to Seize $25 Billion Savings Opportunity for Customers
    Industrial plant workers like these will find Emerson’s new framework of services and solutions for digitally transforming how they plan and execute turnarounds will help to accurately determine scope for a safer and more efficient turnaround. (Source: Emerson)
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    • Emerson Reports 4Q, Full Year 2020 Results
    10.03.18
    Emerson introduced a new specialized framework of services and solutions for digitally transforming the way companies plan and execute turnarounds. This new offering is enabled by Plantweb digital ecosystem and includes use of wireless sensing, location awareness, predictive diagnostics and data analytics combined with Emerson’s turnaround expertise and 7-step turnaround process. The result is reduced labor and materials costs of up to 10% and shortened schedules up to 6%.
     
    “About 25% of turnaround projects run over-budget, and more than 50% fail to meet targeted schedules—mainly due to discovery and emergent work during turnaround execution,” said Johan Claassen, VP, Global Lifecycle Services, Emerson Automation Solutions. “We can now provide customers scope assurance across all their asset classes to avoid last minute surprises during turnaround execution.” 
     
    Emerson is expanding its capability to provide predictive diagnostics, data analytics, and scope planning expertise to these critical assets. Emerson’s comprehensive strategy is to leverage the investment in automation and analytics used to operate the plant to transform the planning and execution of turnarounds by combining this with deep industry expertise, proven work practices and broad portfolio of lifecycle services offerings.
     
    On an average turnaround, these benefits could save $3.1 million in labor and materials and shorten the schedule by at least two days. According to Emerson, these savings multiplied across an estimated 8,000 turnarounds performed annually could save customers as much as $25 billion per year in opportunity costs across all process industries worldwide.



    Industrial plant workers like these will find Emerson’s new framework of services and solutions for digitally transforming how they plan and execute turnarounds will help to accurately determine scope for a safer and more efficient turnaround. (Source: Emerson)
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