TRENDING
• Digital transformation critical to
growth and competitiveness: 86%
of respondents believe that digital
industrial transformation is important to
the competitiveness of their businesses,
while the majority (76%) rate their
ability to deliver higher quality of service
as the key outcome of digital industrial
transformation.
• Connectivity and industrial applications
critical to the IIoT: executives cite
connectivity (63%), industrial
applications (14%), and big data
analytics (14%) as the key technologies
for digital transformation.
• IIoT platform, applications and analytics
as an investment priority: respondents
see an IIoT Ready Platform (22%),
Industrial Applications (14%) and
Big Data Analytics (14%) as the key
technologies for investment.
• Costs are important: most respondents
(42%) cited costs as the biggest barrier
to digital transformation, closely followed
by system security (32%) and data
protection (32%).
• Digital transformation requires
change on the corporate side: 54% of
respondents believe that their
company needs to change to
implement digital transformation.
w w 66% believe that data analysts should
be integrated into all departments.
w w 61% believe that IT functions should
become part of the company’s
core operations.
w w 55% believe companies are
responsible for preparing their
employees for industrial IoT.
Promote the digital industrial
transformation
“
GE HAS CREATED
THE GE DIGITAL
INDUSTRIAL
EVOLUTION INDEX
TO MONITOR THE
TRUE PROGRESS
OF DIGITAL
TRANSFORMATION
– FROM
EXPECTATIONS
OF THE IIOT
TO BUSINESS
REALITY.
network. The implementation of analytics
based on machine learning increases the
reliability, availability and efficiency of the
energy network for more than 10 million
customers. The current announcement
follows the existing collaboration with GE on
the use of Predix-based software on all of
the company’s generators.
GE Digital works to bridge the gap between
opportunity and reality by making the
Industrial Internet accessible to businesses
at every stage of the transformation.
The company helps its clients realise the
real and immediate benefits of the IIoT
by providing new partnerships, industry-
leading tools and applications that increase
efficiencies and growth. Customers
who already benefit from the IIoT’s
performance include: Quantas, the largest Australian airline, and
GE Aviation have developed FlightPulse, a
new application that provides pilots with all
the flight data needed to fly more efficiently
and reduce carbon dioxide emissions.
FlightPulse is the first fully commercialised
product developed using GE’s Predix mobile
services, using data from aircraft combined
with Smart Analytics to give pilots secure
access to their individualised efficiency data
and trends. Last year, with support from
GE, Qantas saved more than 30 million
kilograms of fuel compared to last year.
Exelon, a Fortune 100 energy company,
is working with GE to deploy Predix-based
software solutions in Exelon’s energy The Australian Rail Track Corporation
(ARTC) uses GE transportation’s Movement
Planner as a key technology for the ARTC
30
INTELLIGENTCIO
Network Control Optimization (ANCO)
programme. The Movement Planner
supports real-time rail traffic planning and
optimisation to move cargo even more
efficiently. In addition, the Movement
Planner serves as the foundation of digital
transformation in train control, a key feature
of the ANCO project.
Invenergy, the largest private energy
company in North America, and GE, have
recently announced a 2000-megawatt
wind farm called Windcatcher, which will
be the largest wind farm in the US and
the second largest in the world. Invenergy
plans to implement GE’s Digital Wind Farm
along with Asset Performance Management
(APM) and Operations Optimization (OO)
software as part of the project. In addition,
the company also works with GE on
cybersecurity across its fleet.
Rumo, one of Latin America’s largest
rail logistics companies, is using GE
Transportation’s Trip Optimizer to increase
the efficiency of more than 2,000 kilometres
of rail network in Brazil. Running on GE’s
GoLINC onboard computing platform,
Trip Optimizer is a software-based energy
management system that analyses data to
optimise trains’ fuel consumption.
JPMorgan Chase is currently in the second
phase of an existing collaboration with GE’s
Current to install new energy management
and digital technologies that increase the
energy efficiency of some 4,500 Chase
stores in the US. So far, 3,000 branches
have already been equipped with LED
lighting. Energy consumption was reduced
by 50%, the equivalent of 27,000 fewer
cars on the road.
The world of industry is complex and
creates unique technological challenges.
The IIoT requires a variety of technologies
– connectivity, control systems, cloud
computing, data feed and management,
analytics and machine learning, security
and privacy – for a variety of different
users and scenarios. GE Digital leverages
its expertise and experience to make the
IIoT more accessible, more actionable and
more influential for businesses of all sizes,
by providing a blueprint that only needs to
be customised to make more of industrial
assets, measure ROI and to improve the
business results. n
www.intelligentcio.com