The next industrial revolution is here, its big iron plus big data, hardware and software, minds and machines. The most profound convergence of industry and technology that will build opportunities and productivity.

Intelligence and connectivity that will add about $15 trillion dollars to global GDP by 2030.

By creating lots of little efficiencies that create fuel savings, better scheduling, reductions in delays and cancellations, more efficient maintenance.  It all adds up.

Just a 1% improvement in aircraft engine maintenance efficiency can reduce costs by $250 million dollars annually.

Just a 1% reduction in operating ratio could result in $600 million dollar a year savings for North American railroads.

Just a 1% fuel savings in power generation could add more than $4 billion dollars annually to the global economy.

It’s now a faster, safer, cleaner, more productive world. And it will be greater then what we’ve ever done before. The Industrial Internet is here.

Find out more about "How the Industrial Internet Works" here or how GE is using Predix to power the industrial revolution.

About the author

GE Digital

Driving Digital Transformation

GE Digital connects streams of machine data to powerful analytics and people, providing industrial companies with valuable insights to manage assets and operations more efficiently. World-class talent and software capabilities help drive digital industrial transformation for big gains in productivity, availability and longevity. We do this by leveraging Predix, our cloud-based operating system, purpose built for the unique needs of industry.

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