NEW YORK, Oct. 9, 2014 /PRNewswire/ -- General
Electric and Verizon today announced plans to expand the reach and
strength of the Industrial Internet. The companies have teamed up
to allow GE's software-enabled machines and devices to connect to
Verizon's machine-to-machine connectivity and cloud platforms to
create a secure wireless communications system for the Industrial
Internet. The announcement was made at GE's Minds + Machines
conference in New York.
The GE/Verizon alliance is poised to deliver a range of
value-added services for GE's Predix™ platform, including remote
monitoring, diagnostics and the ability to resolve maintenance
issues virtually anywhere in the world. GE and Verizon will also
enter into discussions to collaborate on a single global SIM
(subscriber identity module) for global connectivity.
"The potential for transforming industries -- including rail,
aviation, energy and healthcare, as well as society as we know it —
is tremendous, and yet the Internet of Things is a nascent, complex
and fragmented market," said Mark
Bartolomeo, head of IoT Connected Solutions at Verizon.
"Driving adoption requires broadening alliances across the
ecosystem. We look forward to using the power of our network and
cloud platforms to enhance our long-standing relationship with GE
so that together we can create new business models across the
Industrial Internet to meet the increasingly complex demands of
customers."
"The rise of the Industrial Internet is taking place through the
convergence of advanced computing, analytics, sensors and new
levels of connectivity," said Bill
Ruh, vice president and corporate officer, GE Software. "As
the center of today's connected world, Verizon is not only an
enabler, but an essential catalyst for delivering compelling
solutions for the Industrial Internet that will drive business and
societal innovation."
Verizon operates the nation's most reliable 4G LTE network and
one of the most connected IP networks in the world. As a forerunner
for its next-generation enterprise-grade cloud platform and
recognized leader for its managed cybersecurity services, Verizon
empowers industries, institutions and communities to transform the
way they work – unlocking new opportunities in the global
economy.
About GE
GE (NYSE: GE) works on things
that matter. The best people and the best technologies taking on
the toughest challenges. Finding solutions in energy, health and
home, transportation and finance. Building, powering, moving and
helping to cure the world. Not just imagining. Doing. GE works. For
more information, visit the company's website at
www.ge.com.
About GE Software
GE Software connects streams of
machine data to powerful analytics, providing Industrial companies
with valuable insights to manage assets and operations more
efficiently. World-class talent and software capabilities driving
big gains in productivity, availability and longevity. For
more information, visit the website at www.gesoftware.com.
About Verizon
Verizon Communications Inc. (NYSE,
Nasdaq: VZ), headquartered in New
York, is a global leader in delivering broadband and other
wireless and wireline communications services to consumer,
business, government and wholesale customers. Verizon Wireless
operates America's most reliable wireless network, with 104.6
million retail connections nationwide. Verizon also provides
converged communications, information and entertainment services
over America's most advanced fiber-optic network, and delivers
integrated business solutions to customers in more than 150
countries. A Dow 30 company with more than $120 billion in 2013 revenues, Verizon employs a
diverse workforce of 177,800. For more information, visit
www.verizon.com.
SOURCE Verizon; General Electric