Rockwell Automation Helps Customers Unlock the Potential of Their Data with the Launch of OptixEdge
MILWAUKEE, Wis., June 12, 2025 /CNW/ -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, today announced the global launch of OptixEdge, an innovative edge gateway solution that revolutionizes data processing for industrial customers.
Today's smart machines are generating more data than ever, but according to Rockwell's latest State of Smart Manufacturing Report, only 44% of data is being used effectively. Many companies face challenges that prevent them from utilizing a vast amount of their data, such as network limitations, security concerns, or storage costs. Traditionally, data is sent to distant cloud servers to be processed, but this can be expensive and inefficient.
OptixEdge can directly address these issues by processing information where it's created – at the machine, in real time. It connects to the user's control system through Rockwell's FactoryTalk® Optix™ software to collect, analyze, and send data to the cloud, enabling users to monitor and analyze machine or system data from multiple locations. This means faster insights, lower costs, and smarter decision-making.
"OptixEdge empowers customers to take control of their data like never before, providing powerful edge computing capabilities with flexibility, security, and ease of use," said Jessica Morell, software product manager at Rockwell Automation. "By processing data at its source, OptixEdge enables customers to unlock valuable insights, improve efficiency, and drive innovation across their operations."
Key capabilities of OptixEdge include:
Built-in Wizard App: A pre-installed FactoryTalk Optix application simplifies the data collection process and allows for easy configuration using only a web browser, cutting down on engineering time. It also offers the ability for users to build and deploy custom applications, if preferred.
Designed for efficiency: Allows lightweight applications to run in tandem with included software.
Secure remote access and troubleshooting: Remote assistance is available through FactoryTalk® Remote Access™, allowing remote engineers and maintenance teams to program, configure and troubleshoot systems over a secure VPN connection.
Open and flexible: OptixEdge can be utilized in conjunction with a plant or machine's existing Rockwell hardware or third-party graphic terminals and controllers.
Cost savings and network performance improvement: OptixEdge offers users the ability to send less data to the cloud, which can help save money on storage and improve network performance.
Learn more about Rockwell's innovative OptixEdge solution on Rockwell's website.
About Rockwell Automation
Rockwell Automation, Inc. (NYSE: ROK) is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 27,000 problem solvers dedicated to our customers in more than 100 countries as of fiscal year end 2024. To learn more about how we are bringing the Connected Enterprise® to life across industrial enterprises, visit www.rockwellautomation.com.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
32 minutes ago
- Globe and Mail
Beyond the "Magnificent Seven": My Top 2 Stocks to Become the Next Market Leaders
Key Points Taiwan Semiconductor and Visa could reach the size of the "Magnificent Seven" stocks. Visa's consistent growth can boost its earnings significantly higher in 10 years. Taiwan Semiconductor Manufacturing is a key beneficiary of the AI race. 10 stocks we like better than Taiwan Semiconductor Manufacturing › We all know about the "Magnificent Seven" stocks. These companies have generated huge gains for shareholders and now combine to have a market cap of around $15 trillion. It has been incredible to watch these technology giants take over the business world. But what about the next Magnificent Seven stocks? Here are my two top choices for stocks that will become market leaders over the next decade due to the sustained tailwinds that will drive underlying profit growth. In fact, one of these stocks already has a market cap of over $1 trillion, but I think it can get much larger over the next 10 years. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Visa's steady gains The most prolific payments company in the world is Visa (NYSE: V). Last year, it processed $13.2 trillion in digital payments in 160 different currencies through 233.8 billion transactions. That is all in just one calendar year. There are now 4.8 billion Visa debit and credit cards in circulation, almost one for every person on earth. Immense scale gives Visa a competitive advantage via a network effect, which makes it almost impossible for upstarts to compete. Multiple tailwinds help Visa's revenue grow. First, it grows along with incomes, consumer spending, and business transactions around the globe. Second, it grows with the adoption of digital payments over physical cash. Third, it is boosted by inflation as the company earns a small fee for every dollar spent through its network -- so if items cost more, that is more revenue paid to Visa. These factors and Visa's competitive moat are why Visa's revenue is up 171% cumulatively in the past 10 years. These tailwinds should continue over the next 10 years. However, Visa is now looking for more ways to drive growth through what it calls valued-added services such as security, fraud protection, and analytics for merchant and banking partners. This segment grew revenue 22% year over year last quarter and can keep uplifting overall revenue growth. Visa has high profit margins of 66%. This is due to its asset-light business model and wide competitive advantage. Over the next 10 years, I expect Visa's profit margin to keep climbing higher as it gets more scale over its fixed cost base. When combined with the sustained economic tailwinds, I think the company's $25 billion in operating income can more than double 10 years from now to between $50 billion and $100 billion. This would put it in the same category of the Magnificent Seven stocks and will help Visa keep growing its market cap and stock returns for shareholders. V Operating Income (TTM) data by YCharts Taiwan Semiconductor's massive tailwinds Visa is a steady compounder, but some may say a boring business. If you look at its revenue chart, it basically goes up in a straight line. The same cannot be said of Taiwan Semiconductor Manufacturing (NYSE: TSM) -- otherwise known as TSMC -- and its explosive revenue potential in the next 10 years. TSMC is the premier manufacturer of advanced semiconductors in the world. Due to a large level of reinvestment in technological advances and its model of taking outsourced orders from computer chip designers as opposed to the traditional model of building and selling chips yourself, TSMC has expanded its lead and is now crowding out the field with its ability to produce cutting-edge computer chips at scale. These computer chips are vital for artificial intelligence (AI), which is leading TSMC customers such as Nvidia, Advanced Micro Devices, and Alphabet to greatly increase their orders. As usage of AI continues, TSMC's revenue should grow as well. We're still in the very early days of AI, giving TSMC at least 10 more years of growth ahead for this market segment. Over the past 10 years, the company's revenue has grown by 250% to $97 billion. I expect revenue to more than double over the next 10 years due to AI, growing to around $250 billion. Using TSMC's best-in-class profit margins for a manufacturer of around 45%, $250 billion in revenue could turn into over $100 billion in annual earnings 10 years from now. That would put it in the same class as the technology giants today. Today, TSMC has a market capitalization of $1.2 trillion. If it gets its yearly operating earnings above $100 billion, I expect investors to value it significantly higher, making it a great buy for your portfolio today. Should you invest $1,000 in Taiwan Semiconductor Manufacturing right now? Before you buy stock in Taiwan Semiconductor Manufacturing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Taiwan Semiconductor Manufacturing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,432!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,005,854!* Now, it's worth noting Stock Advisor 's total average return is1,049% — a market-crushing outperformance compared to180%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 7, 2025
Globe and Mail
33 minutes ago
- Globe and Mail
Medtronic (MDT) Gets a Hold from Truist Financial
Truist Financial analyst Richard Newitter maintained a Hold rating on Medtronic today. The company's shares closed yesterday at $89.40. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Newitter covers the Healthcare sector, focusing on stocks such as Vericel, Intuitive Surgical, and Medtronic. According to TipRanks, Newitter has an average return of 14.8% and a 55.71% success rate on recommended stocks. In addition to Truist Financial, Medtronic also received a Hold from Piper Sandler's Matthew O'Brien in a report issued today. However, on the same day, TD Cowen maintained a Buy rating on Medtronic (NYSE: MDT). MDT market cap is currently $114B and has a P/E ratio of 24.74.
Globe and Mail
2 hours ago
- Globe and Mail
RBC Capital Keeps Their Buy Rating on Bloom Energy (BE)
In a report released today, Nik Modi from RBC Capital reiterated a Buy rating on Bloom Energy, with a price target of $26.00. The company's shares closed yesterday at $25.85. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Modi is a 2-star analyst with an average return of 0.5% and a 51.40% success rate. Modi covers the Consumer Defensive sector, focusing on stocks such as Constellation Brands, Procter & Gamble, and Clorox. In addition to RBC Capital, Bloom Energy also received a Buy from J.P. Morgan's Mark Strouse in a report issued on July 9. However, on June 29, BMO Capital maintained a Hold rating on Bloom Energy (NYSE: BE). BE market cap is currently $6.67B and has a P/E ratio of -307.74. Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BE in relation to earlier this year. Last month, Maciej Kurzymski, the See Remarks of BE sold 8,733.00 shares for a total of $199,025.07.
