GE and Oracle Partner to Help Digitally Connect Every Industrial Asset in the World

Predix-PlatformPredix-Graphik : Courtesy GE digital

GE and Oracle announced on April 21, 2016, a strategic partnership focused on building the first of its kind platform for companies to digitally connect industrial assets across the world.
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 driving digital industrial transformation for big gains in productivity, availability and longevity.

Through this collaboration, GE Digital and Oracle will develop and integrate complementary solutions across their product portfolios. GE Digital brings its Predix offering that combines cutting-edge technology and decades of industry experience into a Platform-as-a-Service (PaaS) targeted to securely ingest machine-grade data at scale and analyzes it to deliver outcomes –fast. The Predix platform is purpose-built for developing, deploying, operating and monetizing Industrial Internet applications. Oracle’s enterprise solutions, including its Oracle Cloud Platform, Oracle Cloud Applications and ERP and Supply Chain Management applications, can use the information from Industrial Internet devices to help automate and optimize business processes, enable better asset visibility, more efficient supply chains, intelligent manufacturing, predictive maintenance and service, and improve logistics and transportation efficiency.

GE’s operational technology and Oracle’s enterprise solutions are intended to integrate into one optimized view for customers, allowing for end-to-end insight from customer assets in the field and on the factory floor, to the front and back office to the boardroom. With these integrated solutions, customers can connect any machine or sensor to any other machine or business application to also create disruptive and innovative products and services. Customers will leverage these solutions to maximize the benefits of the convergence of Operational Technologies (OT) with Information Technologies (IT) in driving business outcomes such as operational efficiencies, cost to quality reduction and enhanced customer experiences.

“GE and Oracle, two industry powerhouses, share a vision for growing the digital industrial ecosystem and providing customers with the easiest path to transformation,” said Thomas Kurian, President of Product Development, Oracle. “GE’s Industrial Internet platform sets the standard for the industry and we are committed to developing joint solutions that leverage Oracle’s enterprise expertise in analytics and business applications to deliver digitally- enabled business process innovation for industrial companies.”

GE Digital and Oracle will bring their large partner ecosystems together to train, certify and implement powered by Predix solutions with Oracle’s Cloud offerings, technology software and business applications.

“We are building an ecosystem with world-class partners who share our belief that customers benefit at the intersection of information technology and operations technology,” said Bill Ruh, CEO for GE Digital. “Oracle has become a market leader in cloud-based enterprise software and we are co-developing solutions on Predix that will leverage this intersection to provide our customers with new insights that were not possible before.”

Jeff Immelt, Chairman und CEO, über den Wertbeitrag der Predix-Plattform:

“Industrielle Daten sind nicht nur ‘big’, sie sind die wichtigste und komplexeste Form von ‘Big Data’ überhaupt. Unsere größte Herausforderung wie Chance ist es, einen sicheren Weg zu finden, um bessere Ergebnisse für Kunden und Gesellschaft zu liefern, sowie die Verwaltung und Analyse dieser Daten zu gewährleisten. Über die Ausstattung mit Sensoren entwickeln wir ständig prädiktive Lösungenfür unsere Produkte bei ständig messbarer Leistung, damit unsere Kunden größte Produktivitätssteigerungen erwarten können und ungeplanten Ausfallzeiten minimiert werden. Die Beobachtung und Vorhersage dieser Leistungen wird der Industrie, sowie Fluggesellschaften, Eisenbahnen und Kraftwerken helfen, mit bisher unerreichter Effizienz zu arbeiten.”

GE Digital announced the launch of its suite of Asset Performance Management (APM) solutions running on GE’s Predix platform

Industrial companies can now use data and cloud-based analytics to improve the reliability and availability of their assets, minimize total cost of ownership, and reduce operational risks for both GE and non-GE assets.
Predix platform enables realization of APM promise with comprehensive end-to-end insight into industrial scale data, improving asset uptime and performance results

While Asset Performance Management APM is not a new concept, companies have been forced to integrate a range of disparate solutions to monitor and maintain their industrial equipment. No comprehensive solution has existed to support the industrial data generated by these assets. For example, Enterprise Asset Management (EAM) and Enterprise Resource Planning (ERP) systems can report on how equipment was used and maintained – but cannot analyze the volumes of rich diagnostic data that can be processed with Big Data techniques to predict and prevent equipment issues.

APM powered by Predix combines GE’s expertise in both asset physics and industrial software to offer a unique cloud-based solution for Asset Performance Management. GE was able to develop this comprehensive solution in record time due to the power of the underlying Predix platform. Predix provides developers with robust security, real-time data management and cloud infrastructure management to more easily develop and maintain applications.

“GE’s deep expertise in developing and servicing machines for industry gives us a greater understanding of real business operations and the insights to deliver on industry needs,” said Derek Porter, General Manager for Predix Applications, GE Digital. “With the launch of our APM solutions suite, GE is commercializing its own best practices for customers.”

GE’s suite of APM solutions, built on decades of experience with industrial machines, is deployed in three tiers:

Machine and Equipment Health provides a unified view of the asset, virtually anytime, anywhere, to understand equipment performance at many levels, to reduce the effort it takes to collect and report on asset data, and ultimately to make faster decisions.
Reliability Management predicts equipment issues so operators can schedule maintenance activities to remedy them and avert costly unplanned downtime. It also streamlines case and issue management with cross-functional collaboration tools and a single “source of truth” of asset health for maintenance, operations, engineering, and other functions.
Maintenance Optimization, which will be available later in 2016, helps operators develop optimal long-term asset maintenance strategies; balancing asset life, maintenance costs, and risk.

Enabling Brilliant Manufacturing

GE is also highlighting the first generally available module of GE Digital’s Brilliant Manufacturing Software Suite – Efficiency Analyzer. Manufacturers looking to take advantage of the large amount of manufacturing data they own can deploy Efficiency Analyzer to address the rapidly eroding time buffer between market demand and production. The module provides machine and production efficiency analytics to help reduce equipment downtime and scrap maintenance costs through improved visibility into operations, identifying bottlenecks and increasing yield.

With Efficiency Analyzer, GE is employing a new deployment approach. Through a SaaS pricing model and minimal ongoing IT impact, this offer completely changes how manufacturers can think about deploying operations technology.

GE also uses these Brilliant Manufacturing software products in its own plants. “GE’s Brilliant Manufacturing Suite has enabled significant reduction in unplanned machine downtime resulting in higher plant efficiency,” said Bryce Poland, Advanced Manufacturing Brilliant Factory Leader, GE Transportation. “As part of our digital thread strategy, we will increase our machines and materials visibility by 400% in 2016.”

GE’s Predix Platform (6:19)

Predix is an industrial cloud-based service designed to meet the unique security, scale and speed requirements of industrial-strength machines. More than 7,500 developers from within and outside GE and its customers including Boeing, ConocoPhillips and Pitney Bowes are building on the Predix platform. Predix enables GE to quickly and efficiently bring software innovations like its APM and Brilliant Manufacturing solutions to customers and to update them seamlessly with new improvements. GE will demonstrate both solutions portfolios at Hannover Messe 2016.

Source and for more information, visit the website at www.ge.com/digital