Invensys, Energy Solutions form strategic alliance
Invensys Process Systems and Energy Solutions International Inc., a world leader in pipeline management systems, announced today that the two companies have entered into a Memorandum of Understanding to form a strategic alliance and reseller relationship. Energy Solutions and Invensys will collaborate to provide customers with intelligent solutions for pipeline automation and optimization in the oil & gas transportation sector.
“We’re very excited about this collaboration with Energy Solutions. Our companies have worked together informally for years and we feel that this strategic alliance will allow us to continue to grow our partnership in a direction that directly benefits customers of both companies,” said Michael Chmilewski, vice president of SCADA and pipeline business of Invensys Process Systems. “ESI’s technology is a perfect complement to the extensive portfolio of technologies and services that Invensys already delivers to pipeline companies worldwide.”
“This partnership just made a lot of sense. We already have customers using both Energy Solutions’ and Invensys’ products together successfully. And we wanted to be able to make it that much easier to bring a comprehensive solution to our customers,” said Al Jacob, chief executive officer of Energy Solutions. “Customers will see the benefit of this collaboration immediately.”
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Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey