Emerson today announced that it has made a strategic investment in First Resonance through Emerson Ventures, a corporate venture capital firm. The latter is a Los Angeles-based startup whose ION Factory Operating System (OS) is changing the manufacturing industry.
Through Emerson Ventures’ value-added Strategic investment approach, Emerson’s investment supports the further development and growth of First Resonance’s ION Factory OS, helping companies in a wide range of industries run their daily operations and integrate work processes. Modernize operations from production to supply chain sourcing and quality.
Thurston Cromwell, Emerson’s vice president of Development and Innovation and head of Emerson Ventures, said: “As a global leader in automation, Emerson continues to grow at an accelerating pace, and to that end, we are constantly looking for innovative companies to support world-changing developments. “This strategic investment brings together Emerson’s deep expertise in automation and First Resonance’s deep expertise in operating systems to help companies modernize technology, automate processes and build transformational products for the future.”
ION’s discrete production platform provides manufacturers with a digital thread that helps remove barriers to improve quality and speed of delivery by providing tools to improve collaboration, move information more freely, and gain insights through data.
Karan Talati, co-founder and CEO of First Resonance, said: “First Resonance’s mission is fully aligned with Emerson’s focus on innovation and its consistent commitment to developing breakthrough products. From climate and energy to new forms of transportation, space exploration and robotics, we help companies address pressing global challenges in both traditional and emerging industries. Through our employees, and now with Emerson’s support, ION Factory OS will continue to help thousands of engineers, operators and manufacturers work together for the future.”
About Emerson
Emerson (NYSE: EMR) is a global technology and software company that provides innovative solutions to key industries around the world. Emerson’s leading-edge automation portfolio, including its majority-owned Aspen Technologies, helps manufacturers in mixed, process and discrete industries optimize operations, ensure people safety, reduce emissions and achieve their sustainability goals. For more information visit Emerson.com.
About First Resonance
First Resonance is used by a new generation of manufacturers to build world-renowned hardware such as spacecraft, power plants and robotics, and software for forward-thinking companies. In these companies, flexibility and quality traceability are critical to success. ION Factory OS from First Resonance enables engineers to quickly transition from complex prototypes to seamless production, accelerating development cycles. With ION analytics, decision makers can understand bottlenecks in the manufacturing process in real time, allowing them to iterate quickly and at scale, thereby reducing time to market.