Yokogawa Recognized with Frost & Sullivan Global Customer Value Leadership Award for Integrated Performance Management New Delhi, 01 August. Yokogawa Electric Corporation (TOKYO: 6841) has received the Global Customer Value Leadership Award for Integrated Performance Management from global market research and consulting company Frost & Sullivan as part of their 2019 Best Practices Awards. According to a press release Announced on July 29, the award recognize show Yokogawa’s OpreXTM Profit-driven Operation solution helps customers in the process industries deliver more profitable operations through real-time production performance improvements that are aligned from the management level to the plant floor. “Frost & Sullivan presents Best Practice Awards to companies that have demonstrated outstanding leadership in technology innovation and the strategic development of products and services for regional and global markets. To decide these awards, Frost & Sullivan analysts independently conduct interviews, analyze data, and carry out research in many different fields. For the Global Customer Value Leadership Award, Frost & Sullivan evaluates companies based on several factors that concern the two key aspects of customer and business impact”, says release. “The OpreX Profit-driven Operation solution that earned this recognition takes the production performance indicators that are conventionally monitored by plant management on a weekly or monthly basis and breaks them down the the technical and operations levels using industrial best practices. It then calculates and displays them in real time by utilizing the big data from the distributed control system (DCS). By providing performance alarms, guidance messages, and a performance balance score, the solution helps operators and engineers stay aligned and promptly improve production performance. In addition, consulting services are provided to uncover more fundamental production performance improvements by referring to the historical production performance indicators recorded over time”, claimed company. By merging Yokogawa’s expertise in operational technology (OT) and Industrial Internet of Things (IIoT) technology with the process industry best practices of its subsidiary KBC, Yokogawa enables production performance optimization over the lifecycle of a customers’ plant. In the award write up, Frost & Sullivan’s Industry Director for Automation and IIoT, Muthuraman “Ram” Ramasamy states, “In a market with several solutions…