Rockwell Automation And Microsoft Expand Partnership To Leverage Generative AI Capabilities For Enhanced Productivity And Faster Time-To-Market
Portfolio Pulse from Benzinga Newsdesk
Rockwell Automation (NYSE:ROK) and Microsoft Corp. (NASDAQ:MSFT) have announced an extension of their partnership to accelerate industrial automation design and development through generative artificial intelligence (AI). The collaboration will integrate Microsoft's Azure OpenAI Service into Rockwell's FactoryTalk Design Studio, aiming to enhance productivity and accelerate time-to-market for customers building industrial automation systems. The companies are also exploring ways to advance innovation in the industrial metaverse.
October 26, 2023 | 8:44 pm
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Microsoft's extended partnership with Rockwell Automation to integrate its Azure OpenAI Service into FactoryTalk Design Studio could strengthen its presence in the industrial automation sector.
The extended partnership with Rockwell Automation and the integration of Microsoft's Azure OpenAI Service into FactoryTalk Design Studio could strengthen Microsoft's presence in the industrial automation sector. This could have a positive impact on the company's stock in the short term.
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Rockwell Automation's extended partnership with Microsoft to integrate Azure OpenAI Service into its FactoryTalk Design Studio could enhance its product offering and potentially boost its market position.
The integration of Microsoft's Azure OpenAI Service into Rockwell's FactoryTalk Design Studio could enhance the company's product offering, potentially attracting more customers and boosting its market position. This could have a positive impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100