Industrial internet opportunity get more from your machine data and business models unlocking insights from machine data the industrial network of connected machines with data analytics is creating a new frontier of competitiveness for informationcentric, modern organizations. The industrial internet in the real world duration. How big data creates opportunities for productivity improvements industrial internet from a ge perspective chalmers 25. Industrial solutions has the reliable parts and services you need. With more sensors in the engines of planes, trains and mre scanners, ge wishes to. Paul brody gotomarket colead and ey americas strategy leader, technology sector the engine room is a dedicated.
Technology and process the seeds of the industrial internet were sown many years ago, when. Industrial internet, an open, global network that connects people, data, and machines. General electrics move to the socalled industrial internet, an effort to digitally connect and automate factory operations, power plants. Creating a vision 3 the potentialbeyond the power of 1% four years ago, ge estimated that if connected machines and advanced analytics could make industry just 1% more efficient, the sheer scale of industrial operations would translate into economic gains valued in hundreds of billions of. The case considers the implications of such an initiative across all 6 of ges business units, and how best.
Putting the industrial internet to work general electric. Ge digital works hard to make digital transformation easyour teams of industrial iot experts and partners use their industryspecific expertise to help customers. The industrial internet according to general electric quite a chestpounding, visionary document from general electric here. The undertaking includes building out an industrial internet, connecting machines and devices, collecting. In many ways, the industrial internet embodies ges vision for the future and the growth opportunity surrounding it. Iiot, cloud, downtime, asset, management, analyze, optimize, predict. By packaging its own capabilities and transformation experience, ge created predix to guide industrial companies through this complex technology and business transition, putting them in charge of their iiot journey. Every day, ge digital puts the industrial internet to work industrial companies want a solution that works today, with the expertise to help them scale for tomorrow. Seizing competitive edge with the industrial internet. Behind ges vision for the industrial internet of things. On a frigid day last march, i spent an afternoon with immelt at ges global research. Discussions of the industrial internet tend to focus on the machines and the data, but people at work are an equally essential element of this revolution.
Investment in the industrial internet of things iiot is expected to top. Ge has thousands of quality electrical parts that you can count on. The industrial internet of things iiot is the next wave of innovation. Abbs electrification business has always been at the forefront of innovative electrification and today is writing the future of safe, smart and sustainable electrification.
Ey and ge digital industrial internet alliance 5 our alliance will pursue cyber diagnostics to help industrial companies securely connect industrial machinery to the internet so they can take advantage of iiot technologies. Industrial internet the industrial internet brings together brilliant machines, big data, and software platforms the industrial internet has kicked off the next great revolution in business technology, much in the same way the consumer internet spurred technological growth throughout society. The industrial iot application platform general electric. Ge and the industrial internet of things technology and. In the time since the industrial internet s unveiling, ge has labored to transform its vision into reality. Internet of business opportunities was the first reconnaissance.
By using this comprehensive platform, businesses can create. Discover how ge digital is helping accelerate machine efficiency through entirely new ways through the industrial internet. Industrial internet of things iiot and its impact on the design of. Ges move to the industrial internet gives cios a more. Industrial internet, ge and accenture fielded a survey in china. Be delivered securely in the cloud and at the edge. In the united states general electric ge is working on a similar initiative called, the. The industrial internet according to general electric wired. Industrial internet, pushing the boundaries of minds and machines, november 2012. Ge has packaged its broad industry experience into comprehensive industrial internet of the things iiot platform, predix. Thats why ge built predix the industrial internet platform.
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