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EY opens ‘edge lab’ for AI systems in Industry 4.0 – Dell, PTC, GE, Microsoft involved

Professional services outfit Ernst & Young (EY) is to open an edge technologies lab (EY Edge Technologies Lab) in London with US-based Dell Technologies to demonstrate and develop edge-based “ecosystem technologies” to help enterprises with digital transformation. The venue will focus on industry-specific use...

Appetite for smart manufacturing grows, but the market remains troubled and confused

The appetite for new digital technologies is growing among manufacturers, with certain brands in certain sectors in certain regions experiencing a considerable uplift in performance. But the take-up of smart manufacturing solutions remains tentative, as companies are unsure how to start with digital change...

Regret, but no surprise – the market responds to the demise of GE Digital

The market’s response to reports of the impending sale of GE Digital combined both regret, that the company’s barnstorming run as a digital-change agent is potentially over, and a distinct lack of surprise, that its parent’s performance and culture has finally told against it. Reports,...

“The future is digital,” says GE chief, as GE Digital is put up for sale

General Electric (GE) is looking for a buyer for its GE Digital business, following revenue losses. However, its chief executive has moved to distance the company from reports its broader digital strategy is on the chopping block too. The Wall Street Journal said this week...

How Intel is using IIoT edge computing to reduce factory downtime by 300%

Semiconductor maker Intel has applied predictive maintenance to monitor the health of its fan filter
units (FFUs) in its semiconductor production facilities through deployment of industrial IoT (IIoT) sensors and edge computing. The idea was to alert technicians to potential problems, define a proactive maintenance...

GE to integrate Predix with Azure, co-develop IIoT solutions with Microsoft

GE Digital will integrate its Predix portfolio with Microsoft Azure’s cloud capabilities, and standardise its Predix solutions on Microsoft Azure, it has announced. GE and Microsoft said they will also work together under the terms of an expanded partnership on the development, marketing, and sales...

Time is right for industrial-scale digital transformation, say GE Digital and Verizon

“If you are not investing in these technologies to drive your own product gains, know that your competitors are already doing so. If you haven’t started, you need to; the industrial IoT (IIoT) race has already begun.” This was the view from GE Digital...

Asset performance management: Three IIoT case studies from GE Digital

General Electric reckons the convergence of machines, data and analytics will contribute $10 to $15 trillion to global GDP in efficiency gains over the next two decades. It has spent at least $1 billion to develop its own Predix platform, like an industrial internet...

Industrial transformation will put impact of consumer digital in the shade, says GE

The digital transformation of industry will be more dramatic than transformation of the consumer retail and media markets, reckons General Electric. “We have seen how retail has been remade, how media has been remade, how telecoms has been remade. The winners and losers in...

Highlights from the TC3 Summit 2017

The TC3 Summit, hosted by by the Telecom Council of Silicon Valley, is one of the more interesting industry events we cover each year, and the 10th anniversary show, held in November at the Computer History Museum in Mountain View, Calif., was no exception....

GE partners with Turk Telekom on industrial transformation

As the Industry 4.0 movement spreads from Germany across Europe and the rest of the world, telecommunications operators are looking to develop portfolios that combine their network expertise with industrial-facing product portfolios, managed services and other solution sets. Case in point, Turk Telekom, which...

GE: Industries see the value of the IoT, but readiness is lagging

Industrial IoT solutions will drive digital transformation, but there's a gap between outlook and preparations “The industrial internet is already having a profound impact on industrial companies of all sizes. We know this because we are seeing real benefits with our customers and across GE....

Smart manufacturing attracting investment from major players

Based on Verizon's annual "State of the Market: Internet of Things 2017" report, the manufacturing sector is leading the way in adoption of internet of things technologies with an 84% increase in number of year-over-year network connections. As digital transformation, based on IoT adoption,...

‘Paperless manufacturing’ enabled by GE Digital

Manufacturing execution system ups productivity at GE Aviation plant GE Digital is focused on leveraging the industrial internet of things to drive digital transformation in various industrial sectors including manufacturing. It's latest manufacturing execution systems (MES) software, which covers everything from pairing certified workers with...

Big data and cloud drive smart manufacturing success

Smart manufacturing hinges on turning granular operational visibility into money- and time-saving efficiencies For companies in the business of making any sort of product--whether it's a book, a car, cleaning products or food-packaging materials--efficiency in the production process directly relates to more income. Human error,...

GE Digital focuses on ROI for smart manufacturing

GE Digital, which specializes in software for industrial internet of things (IIoT) use cases like smart manufacturing, is adding a new service to its digital transformation offerings, this one with a focus on helping customers achieve return on investment more quickly. Dubbed Acceleration Plans,...

GE Digital CEO talks smart manufacturing at HEB summit

GE Digital discusses how smart technologies can improve food processing AUSTIN, Texas--Stephan Reimelt, president and CEO of GE Germany and Austria, gave a presentation titled “From Automation to Smart Manufacturing” at this year’s HEB Vendors Summit. HEB is an American supermarket chain based in San Antonio,...

HEB, GE Digital discuss digital transformation of food industry

HEB and GE Digital embrace digital transformation in effort to build best in class food plants AUSTIN, Texas--Greg Flickinger, vice president of manufacturing operations at HEB, discussed how a partnership between HEB and GE Digital is driving digital transformation in a presentation at this year’s...

Platforms and software key to digital transformation

Digital transformation is a broad concept for the fundamental transformation of companies to a more technology-reliant approach for operating business processes, activities, models and competencies. The digital transformation process include the use of analytics, mobility, social media and smart embedded devices for improving on...

IoT brings predictive capabilities to field services industry

ServiceMax leverages PTC ThingWorx platform to digitally transform field services At a high-level, field services refer to any action an enterprise takes that put staff out of the office and in front of customers or assets; examples include municipal waste pick and hauling, house calls...

A view from the inside: Tactics for driving the digital transformation

A view from the inside: Tactics for driving the digital transformation Paul Boris, Vice President Manufacturing Industries, GE Digital https://www.youtube.com/watch?v=OFq87IhOb7E Paul Boris has driven digital transformation within industrial operations for decades. He started his career at General Motors in the assembly division and has held P&L responsibility...

Businesses lack clear IIoT implementation strategies

Many businesses lack clear IIoT implementation strategies, despite a majority viewing it as critical to future success. Understanding the potential of the industrial "internet of things" is one thing, implementing an IIoT strategy clearly another. There is indeed a disconnect between enterprises’ IIoT goals and their...

IoT security to drive funding in cybersecurity startups

IoT security spending is set to increase by nearly 30% this year. Cybersecurity startups to benefit from surge in investment as funding is expected to soar. "Internet of Things" security spending is currently a relatively small market, but analyst firm Gartner estimates worldwide spending on...

IoT security to drive funding in cybersecurity startups

IoT security spending is set to increase by nearly 30% this year. Cybersecurity startups to benefit from surge in investment as funding is expected to soar. "Internet of Things" security spending is currently a relatively small market, but analyst firm Gartner estimates worldwide spending on...