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Flowserve Corp (FLS) Q1 2021 Earnings Call Transcript


Flowserve Corp (FLS) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
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Flowserve Corp (NYSE: FLS)
Operator
Good day, and welcome to the Q1 2021 Flowserve Corporation Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded. I would now like to turn the call over to your host, Mr. Jay Roueche, Vice President of Investor Relations and Treasurer. Please go ahead, sir.SPONSORED:
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Flowserve launches IoT services platform


Flowserve launches IoT services platform
1 February 2021
The Flowserve Corporation has introduced its RedRaven IoT service suite to help production facilities monitor their assets remotely, predict equipment failures before they happen and take preventive measures to avoid business disruptions.
The new platform supports any flow control equipment regardless of manufacturer, to help companies understand the benefits of IoT and predictive analytics without major infrastructure changes. RedRaven is designed for any company with flow control equipment such as those in the oil and gas, water, chemical, power, food and beverage and mining industries.
RedRaven takes a systems approach and is available with wireless or wired options depending on the application. It includes sensors that are placed on industrial equipment and gateways that collect data from assets and then transmit it to the Cloud with a secure, data-encrypted solution ....

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