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Industry Analysts Insights & Reports

Learn what industry analysts are saying about GE Digital. Tap into their perspectives on key trends, what to watch for and what’s coming. Learn how GE Digital is putting industrial data to work.

Read LNS blog on CEO Pat Byrne's first 10 months
Proficy Historian in action | GE Digital data historianProficy Historian in action | GE Digital data historian

Frost & Sullivan Awards

GE Digital Named as 2020 Global IIoT-Based Asset Management and Optimization Customer Value Leadership Award Winner

 

"GE Digital purposefully puts the customer first in every pursuit, from marketing to product development. At the same time, it leverages industrial data to solve some of its customers' toughest challenges, such as enabling more renewable energy on the grid, reducing emissions, increasing plant productivity, adapting to demand, and keeping their teams safe."  

—Frost & Sullivan

 

GE Digital Wins Best Practices Award for Global Transmission & Distribution Grid Analytics Product Leadership

 

"GE Digital is heavily vested in supporting customers with industry leading solutions to accelerate the Energy Transition while making the electric grid more secure and resilient. We see their Grid Analytics portfolio as clear evidence of the vision and innovation necessary to address the challenges of transforming operations, improving network efficiency and reliability while reducing cost." 

—Vasanth Krishnan, Senior Analyst, Frost & Sullivan

Frost & Sullivan Customer Value Leadership Award

GE Digital named as 2020 Global IIoT-Based Asset Management and Optimization Customer Value Leadership Award winner.

Frost & Sullivan Best Practices Award

GE Digital wins Frost & Sullivan Best Practices Award for Global Transmission & Distribution Grid Analytics Product Leadership.

Asset Performance Management

Improvement in industrial operations is centered at the asset level. Learn what analysts say about GE Digital's approach to asset performance management.

Analyst Research

[GE Digital also] made significant improvements to its Asset Performance Management platform (including cloud-enabled Predix APM and the on-premise version, APM Classic). LNS has long considered GE Digital the granddaddy of APM, well-aligned with our definition of APM 4.0 and vision for what we call ‘closing the reliability loop,’ whereby one moves from prescriptive to prognostic capabilities, and eventually to a learning asset management system. GE Digital is not sitting on its laurels and we would encourage existing and potential users to get an update on these developments.GE Digital also “made significant improvements to its Asset Performance Management platform (including cloud-enabled Predix APM and the on-premise version, APM Classic). LNS has long considered GE Digital the granddaddy of APM, well-aligned with our definition of APM 4.0 and vision for what we call ‘closing the reliability loop,’ whereby one moves from prescriptive to prognostic capabilities, and eventually to a learning asset management system. GE Digital is not sitting on its laurels and we would encourage existing and potential users to get an update on these developments.

When it comes to APM technology, several vendors offer functionality across multiple usage scenarios, but the reality is that more doesn’t always mean better. In fact, only two such scenarios are essential to APM: asset health monitoring and asset failure prediction. It’s here that GE Digital really rises above the rest, based on our detailed benchmark analysis they were the only APM vendor to receive a perfect score in both areas. But these aren’t the only areas in which GE Digital sets the bar high. They also received market-leading scores for integration with industrial systems, inspection planning and solution architecture (assessed in terms of the range of deployment options, the consistency of the code base and the quality of integrated workflow).

Many vendors claim they have APM but actually have only asset analytics with no direct diagnostics capabilities. Integration with critical plant management solutions, like EAM, enables true APM companies to bring together data from all equipment and OEMs across the plant and the fleet to eliminate data silos and facilitate reliability improvements, optimize O&M spend and quantify risk reduction.

Verdantix reports

Verdantix report

GE Digital Named a Leader in APM Solutions Green Quadrant

Verdantix ranks APM vendors in the areas of overall breadth of capabilities, focus on the customer journey, and market momentum.

Verdantix report

Verdantix: Strategic Focus - APM Software Applications for Oil & Gas

Identify the suppliers that have the most robust offerings across the segment of the Oil & Gas value chain that matters to you.

Verdantix report

Global Corporate Survey: Operational Excellence Budgets, Priorities and Tech Preferences

Executives detail planned expenditure on software for OpEx, as well as the key technologies and priorities they perceive in 2021.

Navigant Research Leaderboard: GE rated #1 ADMS Solutions Provider

Navigant Research Leaderboard Report: ADMS

The competitive landscape for ADMS is unique given the extensive requirements and growing list of modules captured under the ADMS umbrella.

 

Navigant Research named GE Digital #1 and the leader in their ADMS Leaderboard report.

Visual Intelligence for Utilities

Analyst Research

Billions of dollars are spent each year maintaining network assets and ensuring they are cleared of encroaching vegetation. For most utilities, site inspections and vegetation management are performed as they were decades ago. However, artificial vision, particularly visual AI-based analytics, as offered by GE Digital’s Visual Intelligence solution, has the potential to transform the vegetation management paradigm. Sophisticated analysis of varied and complex datasets in a visual manner enables more predictive maintenance resulting in optimized resource allocation, reduced O&M spend alongside increased safety and network reliability.

Factory digitization in Saudi Arabia: A transformation journey begins

Factory Digitization in Saudi Arabia | IDC report | GE Digital

IDC Report

The rise of digital economies and societies presents great opportunities and challenges to manufacturers.  According to IDC's Worldwide Smart Manufacturing 2019 predictions, 80% of manufacturers will need to extensively restructure their operations, placing data at the center of their processes to increase speed, agility, efficiency, and innovation.  

 

In early 2019, the Saudi Industrial Property Authority (MODON)  and GE Digital launched the National Productivity Program (NPP) to help 100 selected factories located in MODON industrial cities with their digital transformation (DX) journeys. Read how GE Digital's solutions are maximizing overall equipment effectiveness (OEE), improving production scheduling, ensuring product quality, reducing work-in-process (WIP) and streamlining the overall supply chain.

 

APM and Digital Twin Solutions to Play a Pivotal Role in the Future of the Oil and Gas Sector

IDC report: APM and Digital Twin Solutions to Play a Pivotal Role in the Future of the O&G Sector

IDC Report

Asset performance management (APM) solutions can have a transformational impact on businesses in the oil and gas industry, given their ability to connect ERP systems with inventory management platforms and safety/quality protocols.  Digital Twins add value to enterprise decision making, particularly as companies can be inundated with large amounts operational data. Organizations in the oil and gas industry are adopting digital twin solutions to visualize and query the past, current, or future performance of mission-critical assets.

 

Read how IDC views these new technologies and their impact in the Oil & Gas industry.  See how your organization can adopt APM and Digital Twin technology to optimize operations, reduce risk and increase profitability.

Analysts comment on product releases and technologies

Webspace from GE Digital screenshot | HMI/SCADA extension

Predix Essentials, Asset Answers, Webspace

GE Digital announced enhancements across its software portfolio that help make it easier for its customers to operate plants, analyze industrial data, and optimize operations more effectively.

 

 The product updates include:

 

  • Predix Essentials, which makes it easier for industrial companies to connect, visualize and analyze data
  • Asset Answers, which helps customers better understand the competitive potential of Asset Performance Management (APM) software
  • Webspace 6.0, a new HTML5 interface that helps to bring automation data to operators across mobile devices
ipad-expanded-versions-MES-Plant-Applications-2.png

Plant Applications 8.0

“The ability to measure the value of aligning manufacturing KPIs – such as OEE – greatly enhances the justification for software investments.  By giving manufacturers a comprehensive view of closed-loop processes across scheduling, execution and performance management, GE Digital’s Plant Applications 8.0 enables real-time KPIs, such as OEE, to be measured, providing the clear evidence of software ROI in a very short period of time.”  Craig Resnick,  ARC Advisory Group

APM Integrity from GE Digital, screenshot for monitoring changing risk conditions

APM Compliance Management

Developed in collaboration with one of the largest U.S. petroleum refiners, Compliance Management is an enhancement of GE Digital’s inspection data management capabilities, an integrated component of the APM Integrity solution.

Using GE's data historian to provide advanced analytics and predictive analytics

Proficy Historian 8.0

Proficy Historian collects and distributes data that helps to improve asset lifecycle and performance, and it is also a data collector suited for cloud and on-premise based Asset Performance Management and Grid Optimization solutions in the power generation, transmission and oil & gas sectors.

Screenshot of APM Health Manager, | APM Health software | GE Digital

APM for Oil & Gas

GE Digital has expanded its asset performance management (APM) portfolio by acquiring the oil and gas APM services teams from GE’s oilfield services subsidiary Baker Hughes.

Chad Stoecker on Digital Twin Technology
Chad Stoecker on Digital Twin Technology
Watch the Video

Digital Twin

In recent years, the term digital twins has been in the limelight, creating a buzz across all industries.  At the ARC Industry Forum in Orlando, ARC’s Greg Gorbach, an industry leader in digitalization and IoT, and Chad Stoecker, Global Vice President of Industrial Managed Services for GE Digital, discussed defining the digital twin.  This blog captures some of the salient points and quotes of their conversation.  The interview can be viewed in entirety here and/or on YouTube.  

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