• Rockwell Automation Named to Fortune China ESG Influential List 2024
    Rockwell Automation Named to Fortune China ESG Influential List 2024
    Recently, Fortune released the "2024 China ESG Influence List". This year is the third consecutive year that Fortune has compiled this list, and for the first time, it is open to foreign companies in China. As one of the world's leading companies in industrial automation, information technology and digital transformation, Rockwell Automation has become one of the first 31 foreign companies on the list. The editorial department of Fortune said that the companies on the list have made outstanding efforts to improve the environment, protect employees, and support the community, and have crossed economic cycles with sustained and inclusive growth and won the respect of the market. In 2023, Rockwell launched the Rockii Net-Zero solution and Rockii ESG strategic solution in China, and established the Rockii ESG Alliance to help customers complete the low-carbon transformation of the entire life cycle by providing carbon inventory, carbon footprint, carbon management system, and zero-carbon planning.
    - May 31, 2024
  • Emerson announces second quarter fiscal 2024 results
    Emerson announces second quarter fiscal 2024 results
    Recently, Emerson announced its second quarter results for the fiscal year ending March 31, 20241, and updated its full-year forecast for fiscal year 2024. Emerson also announced that it will distribute a quarterly cash dividend of US$0.525 per common share to shareholders of record on May 17, 2024, with the payment date being June 10, 2024. Second Quarter Fiscal Year 2024 Results Summary Basic orders 2 decreased by 1% year-on-year Net sales in the second quarter were approximately US$4.376 billion, a year-on-year increase of 17%, of which underlying sales 3 increased by 8% Adjusted EBITA was US$41.139 billion, with a profit margin of 26%, a year-on-year increase of 140 basis points. Adjusted earnings per share were $51.36, a year-over-year increase of 25% Operating cash flow was US$757 million, a year-on-year increase of 32% Free cash flow was US$675 million, a year-on-year increase of 32% Emerson continued to maintain excellent operational execution in the second quarter, with underlying sales growth, profit growth, operating leverage and earnings all exceeding our expectations in the second quarter. Low-digit underlying order rate growth was in line with baseline expectations for the first half of fiscal 2024, supported by demand in process and hybrid end markets. Continued focus on operational execution instills confidence in our fiscal 2024 expectations. Our second quarter results, particularly our gross margin performance, demonstrate the strength of our transformed product portfolio and Emerson Management Systems. We have the ability to continue to provide differentiated solutions to our customers and continue to create value for our shareholders.
    - May 17, 2024
  • SICK Group's 2023 performance reaches new high
    SICK Group's 2023 performance reaches new high
    In the challenging fiscal year 2023, the SICK Group continued to maintain a momentum of solid growth. Group turnover increased by 5.4% to 2.307 billion euros. After deducting exchange rate factors, the group's turnover even increased by 8.8% compared with the previous year. The overall financial situation and earnings are good. In fiscal year 2023, the company invested 11.7% of its turnover in research and development. SICK continues to offer a broad, diverse and future-oriented solution portfolio to support the industrial digital transformation of customers around the world. The company submitted 70 patent applications for automation solutions based on software and AI technology in 2023, further promoting the rapid development of sensor intelligence. Currently, SICK has a total of 12,185 employees worldwide, and we will always move forward side by side with you. SICK not only performed well but also successfully achieved its goals. Revenue increased by 5.4% to 2.307 billion euros. Earnings before interest and taxes (EBIT) increased by 15.1% compared with the previous year to €189 million. "FY2023 was full of challenges, but we were still able to achieve growth in turnover and profits, and we are very proud of the results we have achieved. More than 12,000 employees at SICK around the world are full of passion and work tirelessly to develop new solutions for customers, aiming to Rapidly adapting to market dynamics and making technological progress, despite the challenges that come one after another, the good business development situation in fiscal 2023 encourages us to work closely with customers and partners to jointly build industrial digitalization,” said Dr. Mats Gökstorp, Chairman of the Board of Directors of SICK AG. . The salient features of fiscal year 2023 are the spread of geopolitical conflicts, the slowdown in global economic development momentum, more stringent financing conditions, high inflation rates and benchmark interest rates, which in turn lead to restrictions on investment. "In addition to turnover and profit, our profitability has also improved. EBIT increased to 8.2% from 7.5% in the previous year. This reflects SICK's successful balance between short-term profitability and long-term technical support," explains Jan-H. Eberhardt, Member of the Executive Board of SICK AG. As of December 31, 2023, SICK had a total of 12,185 employees, an increase of 2.3% compared to the previous year. The focus of personnel growth is in the area of research and development. Headcount increased by 9.2% to 1,760. Innovative ideas in research and development have been transformed into specific products that meet market needs, and SICK has applied for 137 patents. Software-based solutions have been awarded 70 patents and are embedding artificial intelligence into SICK sensor hardware in an increasing number of applications. The company holds nearly 4,000 technology solution patents around the world, providing support to customer ...
    - Apr 19, 2024
  • Emerson's new compact and rugged industrial computer is designed to connect the industrial workshop to the cloud
    Emerson's new compact and rugged industrial computer is designed to connect the industrial workshop to the cloud
    Emerson today introduced the new PACSystems™ IPC 2010 compact industrial computer (IPC), a rugged industrial computer designed to handle a wide range of machine and discrete part manufacturing automation applications. The new solution serves manufacturing sites and OEM machine builders that require rugged, compact, durable IPC to cost-effectively support their Industrial Internet of Things (IIoT) and other digital transformation initiatives. To this end, IPC 2010 comes pre-installed with the PACEdge™ Industrial Edge Platform and Movicon.NExT™ SCADA software elements to help users run applications quickly through browser-based configuration. The configuration included will maintain software updates and reactive maintenance, allowing for an optimal balance of user productivity and reliability. IPC 2010 runs industrial-grade Linux with serial and Ethernet connectivity and can be used as a communications gateway in a variety of topologies and as an edge computing device simultaneously or alone. IPC 2010 can be used as a flexible protocol converter (and has many other computing capabilities) for IIoT, edge, OT/IT convergence, HMI visualization, SCADA connectivity, digital transformation and other tasks. Its hardware and software are designed to be adaptable, versatile and scalable, delivering a standard and consistent user experience that is easy to use, powerful and backed by Emerson Lifecycle Services. The IPC 2010 has a compact form factor, a wider operating temperature range than other passively cooled IPCs, power consumption as low as 4 watts, and a rugged package that allows it to be mounted in almost any location. This product is cost-effective with no annual license fees and no basic update and cybersecurity update costs. Features such as Movicon Connext©, WebHMI and more can be activated or added at any time. “Many customers undergoing digital transformation want to test the waters first, discover value from edge-enabled applications, and slowly build trust.” William Paczkowski, IPC 2010 product manager for Emerson’s Discrete Automation business, revealed, “IPC 2010 is designed specifically as an economical solution with pre-installed software to provide customers with fast, cost-effective operation.” Emerson has incorporated IPC 2010 into a wide range of products including leak detection, compressed air monitoring, dosing systems, cloud-enabled services and other packaged solutions. This flexible industrial technology product will benefit customers with its advanced functionality. To this end, IPC 2010 comes pre-installed with the PACEdge™ Industrial Edge Platform and Movicon.NExT™ SCADA software elements to help users run applications quickly through browser-based configuration. The configuration included will maintain software updates and reactive maintenance, allowing for an optimal balance of user productivity and reliability. IPC 2010 runs industrial-grade Linux with seria...
    - Mar 22, 2024
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