• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Emerson to Help Drive Greater Industrial Edge Interoperability

    9/16/24 9:00:00 AM ET
    $EMR
    Consumer Electronics/Appliances
    Technology
    Get the next $EMR alert in real time by email

    Company brings deep legacy of driving industry standards to Margo initiative enabling more flexible, scalable automation for customers

    ST. LOUIS, Sept. 16, 2024 /PRNewswire/ -- Global automation and technology leader Emerson (NYSE: EMR) is joining the Linux Foundation's Margo, a new open-standard initiative designed to make edge applications, devices and orchestration software work together seamlessly across multi-vendor industrial automation environments.

    Emerson (PRNewsfoto/Emerson)

    As process and discrete manufacturers implement enhanced digitalization, they encounter challenges at the edge due to multi-vendor and multi-technology devices, apps and orchestration environments that do not easily integrate. The Margo initiative addresses these challenges through the creation of practical reference implementation, open standards and testing toolkits.

    This approach will help remove obstacles and simplify the process of building, deploying, scaling and operating complex, multi-vendor industrial edge environments, helping manufacturers of all sizes build new and better digital operations or modernize existing ones.

    "The modern OT edge is the backbone of our next-generation automation architecture, enabling the availability of data and computing closest to where it is needed," said Peter Zornio, Emerson's chief technology officer. "Successful implementation will require open edge standards that will enable scalable, simplified and seamless interoperability among applications, edge devices and orchestration software – no matter the vendor technology.

    "Emerson is pleased to join the Margo initiative to help create a unified and cohesive edge management ecosystem. Our collective progress will make it easier, faster and less costly for our customers to develop digital transformation programs that realize the full potential of AI, machine learning and analytics at the edge."

    The Margo initiative complements Emerson's Boundless Automation™ vision for a next-generation, modern automation architecture designed to break down data silos and enable computing power where it is best suited, whether that's in the field, edge or cloud.

    Drawing its name from the Latin word for edge, Margo is supported by some of the largest automation providers globally. Emerson joins Margo as a steering member along with industry peers to develop open and secure edge interoperability standards for industrial automation ecosystems.

    The Margo project represents a significant industry collaboration to define mechanisms for interoperable orchestration of edge applications, workloads and devices. It will deliver the promise of interoperability through an open standard, reference implementation, and comprehensive compliance testing toolkit. More details on the project can be found at margo.org.

    Additional resources:

    • Join the Emerson Exchange 365 Community
    • Connect with Emerson via X Facebook LinkedIn YouTube

    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.

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/emerson-to-help-drive-greater-industrial-edge-interoperability-302247026.html

    SOURCE Emerson

    Get the next $EMR alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $EMR

    DatePrice TargetRatingAnalyst
    3/17/2025$132.00Buy
    Citigroup
    3/10/2025$135.00 → $110.00Equal Weight → Underweight
    Barclays
    1/28/2025$147.00Outperform
    Daiwa Securities
    12/12/2024$160.00Buy
    Jefferies
    11/13/2024$120.00 → $135.00Neutral
    UBS
    11/13/2024$155.00Outperform
    Exane BNP Paribas
    10/16/2024$135.00 → $120.00Overweight → Equal-Weight
    Stephens
    9/6/2024$105.00Underweight
    Morgan Stanley
    More analyst ratings