Company Website:
http://www.ge.com
NEW YORK -- (Business Wire)
As a digital industrial company focused on answering the unique needs
and scale of customers across aviation, energy, healthcare and
transportation, GE has announced plans to enter the cloud services
market with Predix Cloud. The world’s first and only cloud solution
designed specifically for industrial data and analytics, this
platform-as-a-service (PaaS) will capture and analyze the unique volume,
velocity and variety of machine data within a highly secure,
industrial-strength cloud environment.
Predix Cloud will drive the next phase of growth for the Industrial
Internet and enable developers to rapidly create, deploy and manage
applications and services for industry. With $4B in software revenues in
2014 and projected software revenues of $6B in 2015, GE continues to
grow its investment in software.
“Cloud computing has enabled incredible innovation across the consumer
world. With Predix Cloud, GE is providing a new level of service and
results across the industrial world,” said Jeffrey Immelt, CEO of GE. “A
more digital hospital means better, faster healthcare. A more digital
manufacturing plant means more products are made faster. A more digital
oil company means better asset management and more productivity at every
well. We look forward to partnering with our customers to develop
customized solutions that will help transform their business.”
Predix Cloud will enable operators to use machine data faster and more
efficiently, saving billions of dollars annually. By combining GE’s deep
domain expertise in information technology (IT) and operational
technology (OT), GE’s Predix Cloud will deliver advanced tools like
asset connectivity, machine data support and industrial-grade security
and compliance.
“A cloud built exclusively to capture and analyze machine data will make
unforeseen problems and missed opportunities increasingly a complication
of the past,” said Harel Kodesh, Vice President, General Manager of
Predix at GE Software. “GE’s Predix Cloud will unlock an industrial app
economy that delivers more value to machines, fleets and factories - and
enable a thriving developer community to collaborate and rapidly deploy
industrial applications in a highly protected environment.”
"Like GE, Pitney Bowes is in the midst of its own physical and digital
transformation," added Roger Pilc, Chief Innovation Officer, Pitney
Bowes. "With our APM apps running on Predix Cloud, we're able to extract
and analyze data from our assets faster than ever, and use that insight
to drive real business outcomes for Pitney Bowes and its clients,
including lower operational costs, greater productivity and output and
higher service levels. GE knows industrial machines and related data
analytics better than anyone, and we look forward to continuing to
partner with them on more Industrial Internet solutions."
The Industrial Internet is generating data twice as quickly as any other
sector. With investment in infrastructure expected to top $60 trillion
over the next 15 years, the number of devices connected to the Internet
will continue to swell, generating an unprecedented collection of data
and analytics. Built for Predix, the cloud platform for the Industrial
Internet, Predix Cloud is designed to provide a highly secure
infrastructure for this next phase of growth, which will generate a new
level of insight, asset performance management (APM) capabilities and
innovation in the developer community.
The success of the Industrial Internet depends on a collaborative
ecosystem of partners. GE’s Predix Cloud is purpose-built from the
ground up, but it will also run on other cloud fabrics if required by a
customer. Predix Cloud uses Pivotal's Cloud Foundry to help with
application development, deployment and operations.
GE businesses will begin migrating their software and analytics to the
Predix Cloud in Q4 2015, and the service will be commercially available
to customers and other industrial businesses for managing data and
applications on Predix Cloud in 2016.
WHAT MAKES THE PREDIX CLOUD DIFFERENT
- Asset Connectivity: Analysts estimate that more than 50 billion
assets will be connected to the Internet by 2020. Predix Cloud
provides advanced connectivity-as-a-service for these industrial
assets, combining proprietary technologies with global
telecommunications partners to enable rapid provisioning of sensors,
gateways and software-defined machines.
- Scalability for Machine Data: Machines produce different types
of data, which consumer cloud services are not built to handle. Predix
Cloud was purpose-built to store, analyze, and manage machine data in
real time. From capturing and analyzing time series data from a
locomotive with thousands of sensors to delivering large object data
like a 3D MRI image to a doctor for diagnosis, Predix Cloud is built
for the variety, volume, and velocity of industrial data.
- Security + Compliance: Incorporating decades of experience in
operational security and information security, Predix Cloud is
designed with the most advanced security protocols available,
including customized, adaptive security solutions for industrial
operators and developers.
- Governance: Leveraging GE’s global network and deep expertise
across more than 60 regulatory areas, Predix Cloud is designed to
streamline governance and drive down compliance costs for each
individual user, while respecting national data sovereignty
regulations globally. This enables GE, partners, and developers to
more easily build and deploy services for highly regulated industries
such as aviation, energy, healthcare and transportation.
- Interoperability: Predix Cloud will operate seamlessly with
applications and services running in a broad spectrum of cloud
environments. As such, businesses will be able to take advantage of
its optimized security and data structure offerings while maintaining
and interoperating within existing solutions.
- Gated Community: Unlike public cloud services, which are open
to any individual or organization, Predix Cloud is based on a “gated
community” model to ensure that tenants of the cloud belong to the
industrial ecosystem.
- Developer Insight: Developers will have visibility into their
operating environments and every actor connected to it. In doing so,
businesses will be able to deploy and monitor machine apps anywhere,
continuously adjusting to new demands in the physical and digital
world while providing the security and visibility required for
operational effectiveness.
- On-Demand Availability: Businesses will be able to easily
access and scale with the Predix Cloud, which will be offered through
a convenient on-demand, pay-as-you-go pricing model.
To learn more about Predix Cloud and related offerings from GE, visit http://www.gesoftware.com/predix.
About GE
GE (NYSE: GE) imagines things others don’t, builds things others can’t
and delivers outcomes that make the world work better. GE brings
together the physical and digital worlds in ways no other company can.
In its labs and factories and on the ground with customers, GE is
inventing the next industrial era to move, power, build and cure the
world. www.ge.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20150804007081/en/
Contacts:
GE
Catherine Franklin, 347-224-9783
Catherine.Franklin@ge.com
Source: GE
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