As the world’s markets rapidly evolve into complex hybrids of physical and digital assets, cyber security is increasingly critical as a stabilizing force. It is no longer an esoteric art practiced mainly by rival intelligence agencies and giant corporations — it has become a basic necessity of everyday life for any business.
A connected device or machine becomes something entirely new. Think of the multiple roles that smartphones play in our everyday lives; or how cars are turning into communication and navigation platforms with an increasing degree of autonomy. The same revolution is underway in industry.
The team can gain such insights because of Predix, a powerful new software platform developed by GE specifically to connect people, data and machines over the Industrial Internet.
Clean tech is increasingly about IT-enabled distributed and fully integrated energy systems that have the potential to transform lives around the world — as well as the prosperity and productivity of countries across the globe.
The system, which has already tracked more than 3 million flights and gathered 340 terabytes of data, can analyze data 2,000 times faster than previous methods and cut costs tenfold. It is so powerful that it crunched through a complex task that would have taken a month to compute in just 20 minutes.
There is more to the Internet of Things (IoT) than FitBits and smartphone-controlled thermostats. While consumer goods are some of the IoT’s most visible applications, they’re just one part of the vast and game-changing phenomenon that could soon encompass 200 billion connected devices and add trillions of dollars to the economy.
Blowout preventers, or BOPs, are incredibly complex machines that weigh 750,000 pounds and tower 60 feet above seafloor oil wells. They serve as the last line of defense in case anything goes wrong. It takes workers about 18 months to build one and they serve for as long as 30 years.