Top honour for Invensys’ Martin
19 October 2009
Dr Peter Martin, vice president for business value generation at Invensys Operations Management, was awarded the Life Achievement Award from the International Society of Automation (ISA).
Dr Peter Martin, vice president for business value generation at Invensys Operations Management
The award recognises his work in integrating financial and production measures to improve the profitability and performance of industrial process plants.
"The entire Invensys community is pleased and proud that Peter continues to be recognised for his pioneering contributions to the field of operations management," said Sudipta Bhattacharya, president and chief executive officer, Invensys Operations Management. "Given the increasing pressures most of our customers face today, measuring the business value of each and every action is more important than ever. The proven solutions and theories Peter and his Invensys colleagues have advanced are a key component of our consultative approach and are helping our customers find new ways to add value and cut operating costs in real time, without jeopardising safety and the environment."
Martin's citation reads: "In recognition of a three-decade career in the development of dynamic performance measurement technology and the sharing of these innovations through publication, global speaking engagements and product application."
Where a plant-floor control system might be used to improve plant operations based on real-time readings of flow, level, temperature and pressure, for example, an enterprise control system, as Martin calls it, might be used to regulate those same processes based on real-time information about profitability and business strategy execution.
Martin has held a variety of technical and executive positions in his 30 years of serving the automation industry, covering training, engineering, product planning, marketing and strategic planning. He was vice president of marketing and chief marketing officer for Invensys manufacturing and Process Systems, and he has also held executive positions at InTech Controls and the industry research firm ARC Advisory Group.
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