Good day and welcome to the Emerson Second Quarter 2021 Earnings Conference Call. [Operator Instructions]
I would now like to turn the conference over to Pete Lilly, Head of Investor Relations. Please go ahead, sir.
Pete Lilly
Director of Investor Relations
Good morning and thank you for joining us for Emerson s second quarter earnings and conference call. Today, I m joined by President and Chief Executive Officer, Lal Karsanbhai; Senior Executive Vice President and Chief Financial Officer, Frank Dellaquila; and Executive Vice President and Chief Operating Officer, Ram Krishnan. I encourage you to follow along the discussion with the accompanying slide presentation, which is available on our website. Please join me on Slide two. As always, this presentation may include some forward-looking statements, which contain a degree of business risk and uncertainty.
Improving Process Accessibility with Wireless Metering
Emerson’s 5700 Coriolis transmitter features Wi-Fi connectivity, but can also be delivered without Wi-Fi for applications in which such connectivity brings undesirable risk.
Dec 17th, 2020
Metering has not been overlooked in the digital transformation process. It is a vital part of the process industries, particularly in fields like oil and gas where the materials being moved are of high value, meaning that even a minor measuring inaccuracy could cost thousands of dollars in revenue. Coriolis flow meters, which measure the twisting motions caused by the inertia of fluid or gas flowing through an oscillating tube to derive mass flow, density, and other variables, have become especially popular for oil and gas applications. A major reason for their popularity is their high accuracy and ability to provide numerous output parameters without the need for additional devices.