Industrial software has become a new focus of competition, and giants have increased their bid to acquire or split and merge
According to preliminary estimates, the new AspenTech is expected to have an annual revenue of US $1.1 billion in fiscal year 2022, with an adjusted EBITDA of US $490 million, and achieve a double-digit annual expenditure growth by 2026.
Emerson also reiterated the basic sales guidance of 5% - 6% in fiscal year 2021, and the adjusted EPS guidance was $4.06-4.08. The deal is Emerson's latest deal in the software field. Last year, the company bought Open Systems International for $1.6 billion.
Emerson Electric Company was founded in Missouri in 1890. The company is a global leader in designing and manufacturing products and providing services. The company combines technology and engineering to provide innovative solutions for customers in industrial, commercial and consumer markets around the world.
AspenTech (AspenTech), headquartered in the United States, is a leading supplier of process manufacturing optimization software - serving energy, chemical, pharmaceutical, engineering design and construction, and other industries that use chemical processes to manufacture and produce products. Its main product is Aspen Engineering Suite large-scale general simulation system. The most widely used version is the V7. X version of its aspenONE software. With comprehensive aspenONE solutions, process manufacturers can implement best practices to optimize their engineering, manufacturing and supply chain operations.
Aspen Suite is a large-scale general process simulation system for production device design, steady-state simulation and optimization. Aspen Plus is a large-scale general process simulation system, which originated from the battle organized by the United States Department of Energy at the Massachusetts Institute of Technology (MIT) in the late 1970s to develop a new third-generation process simulation software. The project is called "Advanced System for Process Engineering" (ASPEN for short), and in 1981, it has more than ten versions. It has become a world-recognized standard large-scale process simulation software, with millions of application cases. The world's leading oil and gas, chemical, engineering design and construction, pharmaceutical, food, beverage and consumer packaging products companies all rely on AspenTech to operate their businesses.
Buke has been focusing on the R&D, production, sales and related technical services of industrial automation equipment control core components and digital chemical plant software and hardware, and providing customers with equipment automation control and digital chemical plant solutions. Taking intelligent manufacturing as the development direction, Buke has persistently built a "three-wheel drive" technology platform composed of automatic equipment control, digital chemical plant and SaaS software, focusing on in-depth links between industry and customers, and providing innovative high-quality and low-cost automation and intelligent solutions. The core control components of industrial automation equipment produced by Bucco include industrial human-machine interface, servo system, stepping system, programmable logic controller, low-voltage frequency converter, etc., which are through the control layer, drive layer and execution layer of industrial control field, and are widely used in logistics equipment, intelligent storage, medical equipment, pharmaceutical machinery, industrial robots, food machinery, clothing machinery, textile machinery, machine tools, electronic manufacturing equipment Rail transit equipment and other fields. Among them, the market share of Bucco human-computer interface products has maintained a leading position among local brand manufacturers for many years, and the market share ranks second among domestic brands. Since 2002, Bucco human-computer interface has led the popularization of domestic touch-screen HMI. At present, millions of Kinco HMIs are widely used in all walks of life. At present, the global manufacturing industry is going through an era of profound changes. Intelligent manufacturing is rising worldwide. All traditional manufacturing enterprises take intelligent and digital transformation as their enterprise strategies, and continue to promote new technologies, new changes and new formats. With the continuous application of various cutting-edge innovative technologies, intelligent manufacturing has become a major trend and core content of manufacturing development.
In the industrial automation industry, Huichuan Technology, with its own R&D and technical advantages, occupies 14.6% of the market share in the domestic low-voltage inverter market, ranking first among domestic companies and third in the industry. Compared with foreign enterprises, there is also a small gap, and it is in the stage of rapid growth and seizing the market. In terms of servo system, foreign brands have accounted for about 70% of China's market share by virtue of their brand and technical advantages. Huichuan Technology, with its strong R&D and technical strength, has achieved the first place in the domestic brand, the fourth in the industry, and 10.7% of the domestic market share. In the elevator industry, Huichuan Technology, as a supplier of elevator components, has been at the leading level in technology and production technology in the long-term cooperation with the elevator manufacturer. In 2020, the company has sold about 400000 integrated controllers and frequency converters in the elevator industry. The market share of the company's elevator integrated controller products and human-machine interface products has been at the leading position in the industry, It has become an industry-leading supplier of large supporting solutions for elevator electrical equipment. In the new energy vehicle business, Huichuan Technology has achieved mass sales of motor controller products in the field of new energy passenger cars, logistics vehicles and passenger cars after years of efforts and accumulation. The company has become a leading domestic supplier of motor controller, motor and powertrain products for new energy vehicles. According to the statistics of NE Times, the market share of electric control products of the company was about 10.6% in 2020, ranking second in the industry. Industrial robot business. In 2020, Huichuan Technology has achieved mass sales of its industrial robot products in mobile phone manufacturing, lithium battery, TP, metal processing and other industries by virtue of its deep understanding of downstream industries and its competitive advantage of the "core parts+complete machine+process" platform. According to GGII statistics, the number of SCARA robots sold by the company in 2020 ranked third in China, and the number of domestically funded robots ranked first. The sales volume was 46300, with a year-on-year growth rate of more than 35%. The growth momentum was mainly from the Apple industrial chain, 5G and new energy industries. In rail transit business, Huichuan Technology can develop and innovate the core technology of traction and control system of rail transit by virtue of its deep understanding of motor drive and control technology, and improve the localization of high-end intelligent equipment. As a local enterprise, compared with some foreign-funded enterprises in the industry, the company has the advantages of localization strategy support, high cost performance, and timely response to customer needs. The company has become one of the few traction system suppliers in China that master the core technology of traction and have business performance.
"Industrial automation is an important foundation and component of realizing intelligent manufacturing and building an iron and steel ecosystem. The PLC product released by Baoxin is a successful case of unlocking the" stuck neck "technology." Lu Jun, general manager of China Baowu Intelligent Industry Center and director of the Digital Intelligence Office, said that this not only broke the monopoly of foreign products from Europe, the United States, Japan and other countries in this market field for a long time, but also will reshape the PLC market The development of industrial control industry has a far-reaching impact. " Digital transformation is the only way for the high-quality development of China's manufacturing industry, but it is worth noting that as the key technology products supporting the digital transformation of manufacturing industry, the technology and market of large PLC systems are tightly blocked and highly monopolized by foreign manufacturers, and the domestic industrial control market of nearly 200 billion yuan per year has been highly dependent on foreign supply for many years. In order to break the monopoly pattern of foreign manufacturers in the high-end manufacturing field, Baoxin Software, under the guidance and support of the National Development and Reform Commission, the Ministry of Industry and Information Technology and the Shanghai Municipal Commission of Economic and Information Technology, relying on the technical accumulation of Baowu, China, has broken through the technical problems of precision control and high-speed communication after ten years of intensive research, and has adopted the way of independent integration and independent research and development to form a high reliability, strong openness Control system solutions with high security and large-scale requirements. It is reported that Baoxin software PLC products meet the technological requirements of high-end metallurgical equipment, adhere to the open system architecture design concept, and provide a complete set of powerful hardware and software control platform. For the high-speed control needs of the continuous rolling mill, the system supports up to 6 processing units for parallel computing, with the execution time of a single instruction less than 1 nanosecond, and the fastest scanning cycle as low as 200 microseconds.