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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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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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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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Electrification Software Energy

The Electron’s Digital Journey: Do You Know Where Your Power Comes From?

Tomas Kellner
February 22, 2016
The electrons that brew your first cup of coffee in the morning have many different parents. Some were born on a wind farm, while others came from a gas-fired power plant or a water turbine buried deep inside a massive dam.
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4th Industrial Revolution

Ready For Prime Time: Intel Joins GE As It Opens Predix, Its Digital Platform For The Industrial Internet, To All Users

Tomas Kellner
February 22, 2016
Few people can fathom the sheer size of the World Wide Web, the most visible part of the Internet where we shop, meet friends, read news and watch movies. But the Web will soon be a minnow when compared to the immensity of the Industrial Internet, a fast-growing network connecting machines and devices of all types: from thermostats to thermal power plants.
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Software

Follow The Digital Thread: How GE’s Off To See Profit In The Age Of Cheap Oil

Tomas Kellner
February 03, 2016
Over the last several decades, companies have used tools like Six Sigma and enterprise resource planning (ERP) software to squeeze the most out of their factories. But in hard times that may not be enough. “When you have a factory that’s already hitting on-time delivery in 95 percent of cases, what you can do with ERP is limited,” says Anup Sharma, chief information officer at GE Oil & Gas.
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