GE Announces Predix Cloud - The World’s First Cloud Service Built for Industrial Data and Analytics
August 05 2015 - 12:01AM
Business Wire
As a digital industrial company focused on answering the unique
needs and scale of customers across aviation, energy, healthcare
and transportation, GE has announced plans to enter the cloud
services market with Predix Cloud. The world’s first and only cloud
solution designed specifically for industrial data and analytics,
this platform-as-a-service (PaaS) will capture and analyze the
unique volume, velocity and variety of machine data within a highly
secure, industrial-strength cloud environment.
Predix Cloud will drive the next phase of growth for the
Industrial Internet and enable developers to rapidly create, deploy
and manage applications and services for industry. With $4B in
software revenues in 2014 and projected software revenues of $6B in
2015, GE continues to grow its investment in software.
“Cloud computing has enabled incredible innovation across the
consumer world. With Predix Cloud, GE is providing a new level of
service and results across the industrial world,” said Jeffrey
Immelt, CEO of GE. “A more digital hospital means better, faster
healthcare. A more digital manufacturing plant means more products
are made faster. A more digital oil company means better asset
management and more productivity at every well. We look forward to
partnering with our customers to develop customized solutions that
will help transform their business.”
Predix Cloud will enable operators to use machine data faster
and more efficiently, saving billions of dollars annually. By
combining GE’s deep domain expertise in information technology (IT)
and operational technology (OT), GE’s Predix Cloud will deliver
advanced tools like asset connectivity, machine data support and
industrial-grade security and compliance.
“A cloud built exclusively to capture and analyze machine data
will make unforeseen problems and missed opportunities increasingly
a complication of the past,” said Harel Kodesh, Vice President,
General Manager of Predix at GE Software. “GE’s Predix Cloud will
unlock an industrial app economy that delivers more value to
machines, fleets and factories - and enable a thriving developer
community to collaborate and rapidly deploy industrial applications
in a highly protected environment.”
"Like GE, Pitney Bowes is in the midst of its own physical and
digital transformation," added Roger Pilc, Chief Innovation
Officer, Pitney Bowes. "With our APM apps running on Predix Cloud,
we're able to extract and analyze data from our assets faster than
ever, and use that insight to drive real business outcomes for
Pitney Bowes and its clients, including lower operational costs,
greater productivity and output and higher service levels. GE knows
industrial machines and related data analytics better than anyone,
and we look forward to continuing to partner with them on more
Industrial Internet solutions."
The Industrial Internet is generating data twice as quickly as
any other sector. With investment in infrastructure expected to top
$60 trillion over the next 15 years, the number of devices
connected to the Internet will continue to swell, generating an
unprecedented collection of data and analytics. Built for Predix,
the cloud platform for the Industrial Internet, Predix Cloud is
designed to provide a highly secure infrastructure for this next
phase of growth, which will generate a new level of insight, asset
performance management (APM) capabilities and innovation in the
developer community.
The success of the Industrial Internet depends on a
collaborative ecosystem of partners. GE’s Predix Cloud is
purpose-built from the ground up, but it will also run on other
cloud fabrics if required by a customer. Predix Cloud uses
Pivotal's Cloud Foundry to help with application development,
deployment and operations.
GE businesses will begin migrating their software and analytics
to the Predix Cloud in Q4 2015, and the service will be
commercially available to customers and other industrial businesses
for managing data and applications on Predix Cloud in 2016.
WHAT MAKES THE PREDIX CLOUD DIFFERENT
- Asset Connectivity: Analysts
estimate that more than 50 billion assets will be connected to the
Internet by 2020. Predix Cloud provides advanced
connectivity-as-a-service for these industrial assets, combining
proprietary technologies with global telecommunications partners to
enable rapid provisioning of sensors, gateways and software-defined
machines.
- Scalability for Machine Data:
Machines produce different types of data, which consumer cloud
services are not built to handle. Predix Cloud was purpose-built to
store, analyze, and manage machine data in real time. From
capturing and analyzing time series data from a locomotive with
thousands of sensors to delivering large object data like a 3D MRI
image to a doctor for diagnosis, Predix Cloud is built for the
variety, volume, and velocity of industrial data.
- Security + Compliance:
Incorporating decades of experience in operational security and
information security, Predix Cloud is designed with the most
advanced security protocols available, including customized,
adaptive security solutions for industrial operators and
developers.
- Governance: Leveraging GE’s
global network and deep expertise across more than 60 regulatory
areas, Predix Cloud is designed to streamline governance and drive
down compliance costs for each individual user, while respecting
national data sovereignty regulations globally. This enables GE,
partners, and developers to more easily build and deploy services
for highly regulated industries such as aviation, energy,
healthcare and transportation.
- Interoperability: Predix Cloud
will operate seamlessly with applications and services running in a
broad spectrum of cloud environments. As such, businesses will be
able to take advantage of its optimized security and data structure
offerings while maintaining and interoperating within existing
solutions.
- Gated Community: Unlike public
cloud services, which are open to any individual or organization,
Predix Cloud is based on a “gated community” model to ensure that
tenants of the cloud belong to the industrial ecosystem.
- Developer Insight: Developers
will have visibility into their operating environments and every
actor connected to it. In doing so, businesses will be able to
deploy and monitor machine apps anywhere, continuously adjusting to
new demands in the physical and digital world while providing the
security and visibility required for operational
effectiveness.
- On-Demand Availability:
Businesses will be able to easily access and scale with the Predix
Cloud, which will be offered through a convenient on-demand,
pay-as-you-go pricing model.
To learn more about Predix Cloud and related offerings from GE,
visit http://www.gesoftware.com/predix.
About GE
GE (NYSE: GE) imagines things others don’t, builds things others
can’t and delivers outcomes that make the world work better. GE
brings together the physical and digital worlds in ways no other
company can. In its labs and factories and on the ground with
customers, GE is inventing the next industrial era to move, power,
build and cure the world. www.ge.com
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GECatherine Franklin, 347-224-9783Catherine.Franklin@ge.com
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