GE Digital unveils industrial software solutions to help customers execute complete asset strategy

By GE news release

Oct 24, 2017

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GE today unveiled expansions to its suite of edge-to-cloud technologies and industrial applications, designed to help its customers build a complete asset strategy. These additions to the GE Digital portfolio complement the key software applications that drive industrial productivity and extend these benefits through Predix, the application development platform for the Industrial Internet.

To help industrial companies get the most out of their industrial assets and drive better business outcomes, GE Digital today introduced: Predix Edge technologies to accelerate computing at the edge; the Predix platform combined with Microsoft Azure, the cloud for enterprises; new Operations Performance Management software to bridge productivity from assets to operations; enhanced Field Service Management solutions to improve the customer experience; and new platform tools to simplify industrial app development.

To help customers accelerate their edge strategies and make any asset an intelligent asset, GE Digital is expanding its Predix Edge capabilities to help run analytics as close to the source of data as possible. Predix Edge gives customers with limited connectivity, latency limitations, regulatory or other constraints a way to deploy applications closer to the originating data – or at the edge. Enhancements include:

  • Predix Edge Manager allows customers to support large fleets of edge devices – up to 200,000 connected devices from a single console.
  • Predix Machine enables microservice-based applications to run at the edge on customers’ virtualized data center infrastructure or on server-class hardware from GE or its partners. This also supports Predix Edge Manager, which was previously available only as a cloud service.
  • Predix complex event processing (CEP) allows for faster and more efficient analytics and other event processing at extreme low latency, available at the edge in Q1 2018.

These edge solutions can help companies move from intelligent asset management to automation to insights-led machine learning across a distributed system.

Understanding how an asset operates and its maintenance needs is critical to mitigating risk and improving productivity. Alongside its Asset Performance Management (APM) software, the core application deriving value from industrial assets, GE Digital introduced a complementary application that improves the operational performance of assets – like pumps, valves and heat exchangers – and drives a comprehensive asset management strategy.

This new Operations Performance Management (OPM) solution helps industrials increase revenue and margins, optimize the throughput of industrial processes and make their sites more profitable. OPM uses real-time and historical data – along with advanced analytics – to help customers make better operational decisions. The solution provides an early warning if industrial processes deviate from plan, arms operators with the information and time to troubleshoot operational issues and helps them take preventative actions to meet business goals.

GE Digital’s OPM software initially targets the mining industry and will expand to additional industries early next year.

 

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