General Electric (GE) is investing heavily in industrial IoT, evidenced by a series of acquisitions and partnerships.
The "digital industrial" company has signed an agreement with Reliance Industries Limited (RIL) to build applications for GE's Predix platform. The partnership will provide industrial IoT solutions to various industries, including oil, gas, fertilizer, power, healthcare and telecom.
RIL will function as an independent software vendor for Predix, which is a cloud-based platform that allows companies to collect data from industrial machines. RIL is a private Indian company that owns assets in petroleum, retail, textiles, gas, telecom and other industries.
"India's potential in driving the migration to digital is well appreciated. The partnership with Reliance Industries will shape the future of the Industrial Internet not just in India but globally. The possibilities that it opens to develop solutions on our Predix platform for the industrial sector are endless," said Jeff Immelt, chairman and CEO of GE, in a statement.
The partnership includes RIL offering nationwide connectivity infrastructure on a Jio-powered 4G network. Mukesh Ambani, RIL's chairman and managing director, said India needs to move to the "next level of smart manufacturing" rapidly.
"The presence of ubiquitous high bandwidth connectivity and cloud services enabled by Jio will be a key enabler for the rapid growth of IIOT within India. Indians have been in the forefront of creating smart and innovative solutions in a number of fields. It's time we brought smart manufacturing capability into India by providing value added IIOT solutions for the industry that will enable India’s economic growth," he said.
The partnership announcement capped off a week of IoT-filled news from GE. Earlier in the week, GE Digital announced plans to acquire ServiceMax, a California-based field service management provider. Computer World reported that GE announced several smaller companies that will help enhance machine-learning and edge computing.
— James Anderson, Associate Editor, Channel Partners
2017 has seen the size, scope and awareness of the internet of things continue to grow at considerable pace.
And while corporate latecomers hastily stitching together their first attempts at an IoT strategy, the market leaders are already planning for IoT's next step — where artificial intelligence and data analytics meet to provide a new frontier of insights and opportunities.
Our panel of experts, selected from the Internet of Things World 2017 speaker line-up, will share their views on how enterprises and industries will be leveraging the next generation of IoT capabilities — spanning machine learning, predictive analytics and more — and what the outcomes will be.
The expertise of our speakers spans both the private and public sector, and the implications of IoT, analytics and AI for both enterprise and government will be covered.
Webinar attendees will discover:
What businesses & industries can expect to gain from advances in IoT, AI & analytics
Existing use cases for the application of AI & analytics in IoT across verticals
The companies to watch for next generation IoT & AI applications
What your business should be doing now in order to access these capabilities & benefits
How benefits & strategies for IoT & AI differ for the public & private sectors
In an industry where production yield and efficiency are tantamount to success, quickly identifying and correcting defects in the manufacturing process is critical. The customers of Optimal+ operate in production environments where errors related to yield and efficiency measurements can lead to losses of millions of dollars per year within a single plant. By implementing Vertica, Optimal+ is able to speed up analytical insights, combine data from different productions processes and gain visibility across the whole supply chain – leading to improved yield, quality and productivity for semiconductor and electronics manufacturers.
Join Alon Malki, Chief Architect at Optimal+, and Jeff Healey, Director of Product Marketing at HPE Vertica, to hear how advanced analytics and manufacturing intelligence can drive success in Industrial IoT. On this webinar you’ll learn:
Why HPE Vertica Analytics Platform is purpose built for IoT data
The challenges Optimal+ faced when developing a solution for IoT analytics
How Optimal+ leverages HPE Vertica to create an ideal big data architecture