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Electrification Software Industrial Company

Bloomberg Businessweek: How GE Became A 124-Year-Old Startup

Timothy Cheng
March 22, 2016
The cover story in the new issue of Bloomberg Businessweek takes stock of GE’s transformation into a digital-industrial company and explains how “GE became a 124-year-old startup.” The magazine writes that a decade after he took over, the long bet GE Chairman and CEO Jeff Immelt took “on the Internet of Really Big Things seems to be paying off.”
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Predix

Here's How Digital Electricity Will Change The Power Industry All The Way To Your Home

Tomas Kellner
March 13, 2016
When the large Pakistani textile maker Sapphire Group wanted to secure a reliable supply of electricity for its mills recently, it didn’t just build a new power plant. The company used a technology called digital twin to model the entire plant inside the cloud, run simulations and come up with the optimal way to design and run it.
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Renewables

Mix And Match: These Engineers Make Renewables Play Nice With Other Sources Of Energy

Tomas Kellner
March 10, 2016
New solar and wind energy farms added a whopping 68 percent of new power generation capacity in the United States last year, according to a report from Bloomberg New Energy Finance. When combined with hydropower, renewables now make up a fifth of America’s electricity generation capacity, more than double what it was in 2008.

This trend isn't going away. Getting all that clean electricity to homes and factories, however, is a challenging task.

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LED

3 Billion Sunsets Later: This LED Will Help Humans Spring Forward, Sleep At Night

Tomas Kellner
March 08, 2016
All living things — from animals and plants down to cells — carry inside them a clock set to the most basic cycle on Earth: night and day. Scientists believe that this clock, called circadian rhythm, dates to the very beginning of life on Earth, some 3.5 billion years ago. It helps us stay awake and active when the sun is out, and rest during the night so cells can carry out basic maintenance and the brain can record memories.
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Cloud

These 6 Apps Will Help Doctors And Hospitals Work Better

March 03, 2016
The combination of massive computing power, digitized information and connectivity has taken the world into a future few people imagined even just a decade ago. Still, talk to experts and they’ll tell you the commercial Internet, embodied by the smartphone, Facebook, Amazon and Uber, is just the start. The next chapter will belong to the Industrial Internet which connects machines generating rivers of data fueling powerful analytics. The results will give their operators new insights and help them optimize everything from transportation to medicine.
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Renewables

Cloudy With A Chance Of Electrons: This Scientist Can Forecast Renewable Electricity

Todd Alhart
February 29, 2016
A group of physicists that included a Nobel laureate and Kurt Vonnegut Jr.’s brother spent the 1940s working in GE labs to figure out how to control the weather. After a promising start – they created snowfall over Schenectady, N.Y. – the project eventually fizzled.
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Annual Outlook

“We Have Grit,” Jeff Immelt Tells Shareowners In His Annual Letter

Tomas Kellner
Timothy Cheng
February 29, 2016
Speaking last fall from Studio 8H inside New York’s 30 Rockefeller Plaza — best known as the set of “Saturday Night Live” — GE Chairman and CEO Jeff Immelt told a crowd of investors and analysts how he was turning the 138-year-old business into the world’s largest digital-industrial company. He wasn’t joking. “We’re the only company that will have the machines, analytics and operating systems,” he said. “That’s how we’ll play the Industrial Internet.”
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Industrial Internet

The Power Of Predix: An Inside Look At How Pitney Bowes Is Using The Industrial Internet Platform

Tomas Kellner
February 24, 2016
GE opened Predix, its cloud-based operating system for the Industrial Internet, to all users at Mobile World Congress in Barcelona on Monday. As of now, companies of all stripes can start using it to write industrial applications and make their machines and factories run better.
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Industrial Internet

Video: Predix Now Open For All Industrial Internet Developers

Tomas Kellner
February 24, 2016
GE spent $1 billion over the last few years to develop Predix, the cloud-based platform that has allowed GE to securely collect data from jet engines, gas turbines and MRI scanners, analyze it and then use the results to make them run better. Last fall GE gave access to Predix to a select group of partners and customers.
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Electrification Software Energy

Deep Learning: New Subsea Service Model Helps Oil Drillers Limit Costs

February 24, 2016
When Marc Edwards joined Diamond Offshore Drilling Inc. as chief executive in 2014, he already knew how dependent offshore drilling rigs were on blowout preventers — valve assemblies designed to prevent oil spills. But he was surprised when he found out how costly it was when those blowout preventers were out of service.
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