Cost ReductionThe intelligent field initiative by Emerson is set to enhance wireless adoption and analytical features, with wireless sensors poised to cut total project costs significantly.
Market ExpansionEmerson's new cloud solution, DeltaV Revamp, leverages machine learning and AI to simplify transitions from competing systems, potentially lowering expenses and capturing a larger market share.
Product InnovationEmerson's 'Boundless Automation' vision suggests a strategic move to mesh field products with edge and cloud technology, potentially growing market share through the adoption of innovative products and software.