GE Opens Predix Software Platform to SoftBank Telecom in First Licensing Deal

Global partnership will tap $12B data analytics market in Japan; creates revenue stream for GE across new industries
 

• SoftBank, the Japanese telecommunications and Internet giant, is the first to license GE’s Predix^TM platform for the Industrial Internet and is expected to bring custom Predix industry apps to market in early 2015.
• This partnership expands the reach of Predix to new markets and industries, and builds on the $1B+ Predictivity^TM services revenue GE expects this year from its own software solutions. 
• SoftBank will gain access to GE’s software platform in the partnership, and will develop targeted apps for industries such as shipping and manufacturing; SoftBank will leverage GE’s Predix App Factory expertise and methodology to scale production.  

Click here to learn more

Media Contacts

Holly Gilthorpe, GE
925-242-6896
[email protected]

Jessica Oster, GE
203-373-2727
[email protected]

John O’Brien, The OutCast Agency
415- 345-4721
[email protected]

---

business unit