Andrew Obin | Digital Thread Podcast | Momenta

Digital Machinations

In this week's episode, Ken Forster speaks with Andrew Obin, Managing Director, Bank of America Securities Equity Research. *BofA Global Research is one of the most respected research organizations in the world, having received recognition from well-known names like Institutional Investor, Forbes/Zacks, Financial Times/Star Mine, The Wall Street Journal, and Thomson Reuters.

Andrew Obin is an Industrial Software sector analyst at BofA, where he covers businesses such as Aspen, Carrier, Dover, Eaton, Emerson, GE, Johnson Controls, Rockwell Automation, and Trane, to mention a few. Before joining Merrill Lynch in 2002, Andrew worked at Lehman Brothers, where he followed the Aerospace and Defense sector. Andrew has consistently ranked among the top analysts, with Forbes, the Financial Times, and the Wall Street Journal recognizing the quality of his stock picking and estimates.

*BofA Securities is the marketing name for the global banking and global markets businesses of Bank of America Corporation

Discussion Points:

• What would you consider to be your 'Digital Thread'?
• What are the Multi-Industry sector, your key themes, and your key companies?
• What are some of the key macro factors that you believe influence performance in the companies you cover?
• We've heard a lot about reshoring, especially since the pandemic. To what extent do you see this creating a renaissance for manufacturing in the US?
• What are the Top 5 trends you are tracking now?
•  Momenta's focus is Digital Industry. What are some of the most prominent digital impacts you've seen on your covered companies?
• We are following a theme of 'deconstructing the automation stack,' an analogous pattern to the deconstruction of comparable IT spaces. To what extent do you see this having the same impact in OT?
• Several industrials have approached their software stacks as distinct entities (i.e., Emerson and Aspen, and most recently, Schneider and AVEVA). Is there a best practice model for merging a hardware and software business in the industrial sector?
• What industry-focused venture investors and startups are you watching?
• In closing, where do you find your inspiration?