GE has expanded its edge-to-cloud technologies and industrial applications to assist customers to build asset strategy.
GE Digital today announced Predix Edge technologies; Predix platform combined with Microsoft Azure; new Operations Performance Management software; enhanced Field Service Management solutions to improve the customer experience; and new platform tools to simplify industrial app development.
“To power digital transformation, industrial organizations must understand every stage of the asset lifecycle. The company that designs, builds, operates, maintains and services industrial assets is best equipped to help others with their Industrial IoT journeys,” said Bill Ruh, chief digital officer of GE and CEO of GE Digital.
By 2022, Gartner predicts that 75 percent of enterprise data will be created and processed outside the data center or cloud. The ability to compute and manage this information both at the edge and in the cloud are essential for industrial companies to truly optimize their operations.
GE Digital is expanding its Predix Edge capabilities to help run analytics as close to the source of data as possible. Predix Edge gives customers with limited connectivity, latency limitations, regulatory or other constraints.
Predix Edge Manager allows customers to support large fleets of edge devices – up to 200,000 connected devices from a single console.
Predix Machine enables microservice-based applications to run at the edge on customers’ virtualized data center infrastructure or on server-class hardware from GE or its partners. This supports Predix Edge Manager, which was previously available only as a cloud service.
Predix complex event processing (CEP) allows for faster and more efficient analytics and other event processing at extreme low latency, available at the edge in Q1 2018.
GE Digital introduced a complementary application that improves the operational performance of assets – like pumps, valves and heat exchangers – and drives a comprehensive asset management strategy.
This new Operations Performance Management (OPM) solution helps industrials increase revenue and margins, optimize the throughput of industrial processes and make their sites more profitable. OPM uses real-time and historical data – along with advanced analytics – to help customers make better operational decisions.
GE Digital’s OPM software initially targets the mining industry and will expand to additional industries early next year. The OPM solution has already helped customers achieve significant improvements to revenue and profit including:
A platinum operator increased overall throughput by 10 percent, consistently reaching maximum design capacity and increasing recovery by 1.5 percent.
A large mining company achieved a 5.5 percent increase in throughput while consuming 2 percent less power.
A gold producer realized a 1.5 percent increase in recovery while reducing equipment-related costs through improved process efficiency.