Emerson Electric Co. (EMR) and Sy Tech Inc have jointly developed and launched XLReporter for the former’s DeltaV Distributed Control System (:DCS). This tool will help DeltaV users access information in order to quickly respond in crisis situations. Notably, Sy Tech is a leading provider of report generation and analysis software.
DeltaV is a process automation system (included under Emerson’s Process Management Division) primarily used by facilities and plants to improve performance through the implementation of advanced control applications. DeltaV Alarm is an integrated alarm management tool that controls unwanted alarms that distract operators from their primary tasks. Alarms are installed to inform operators about glitches in machines or other processes in a plant. The DeltaV Alarm system provides continuous automated monitoring of alarms, events and user actions trends. Its intuitive point-and-click graphical interface allows operators and other operation staff to investigate and identify nuisance alarms with no special training, thereby making it easier and less costly to achieve and sustain optimal plant productivity and performance.
DeltaV Alarm users can deploy XLReporter to generate customized reports with tailored Key Performance Indicators (:KPI) to gain a broader understanding of alarm activity that can impact essential safety and regulatory requirements.
XLReporter comes with a unique feature that automatically derives the alarm metrics and KPIs from the DeltaV Alarm Statistics and reports to a database for easy, dynamic analysis across multiple systems and operator positions. Further, it extends reporting to custom time periods using various filters, scheduled or on-demand providing users a deeper understanding of alarm activity. There reports are published via emails or web pages and the ready-to-use solution helps users take fast and appropriate decisions.
Emerson’s Process Management system primarily helps businesses automate their production, processing and distribution processes across various industries. In the recently reported quarter (second quarter of fiscal 2014), the segment reported revenue growth of 4.4% and order increase of 12% year over year.
Emerson currently has a Zacks Rank #3 (Hold). However, some better-ranked stocks in the sector worth considering at the moment include Willdan Group Inc. (WLDN) and Enersys Inc. (ENS) and AO Smith Corp (AOS). Willdan and Enersys sport a Zacks Rank #1 (Strong Buy) while A O Smith has a Zacks Rank #2 (Buy).