The new Predix Cloud from industry giant GE, is a platform-as-a-service offering designed to capture and analyse the volume, velocity and variety of machine data expected from the aviation, energy, healthcare and transportation, and the Internet of Things (IoT) markets.
Predix Cloud has been designed to deliver tools like asset connectivity, machine data support and industrial-grade security and compliance and has been built in association with GE partners including Pivotal's Cloud Foundry to help with application development, deployment and operations and will also run on other cloud fabrics if required by a customer.
GE claims the Predix Cloud is the world’s first cloud solution designed specifically for industrial data and analytics, and while it’s intended to service a wide range of industries, ultimately GE have their eye on the IoT market and fuelling the next phase of development at GE. The business had software revenue figures of $4B in 2014 and is looking to increase that to $6B this year
“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 customised solutions that will help transform their business.”
GE claims the solution will enable:
- Advanced connectivity-as-a-service with connectors to combine proprietary technologies with global telecommunications partners to enable rapid provisioning of sensors, gateways and software-defined machines.
- Store, analyse, and manage machine data in real time. From capturing and analysing 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.
- Conforms to security and compliance standards and includes customised, adaptive security solutions for industrial operators and developers.
- Adheres to national data sovereignty regulations across more than 60 regulatory areas for highly regulated industries such as aviation, energy, healthcare and transportation.
- Interoperability to develop and distribute applications and services running to a broad spectrum of cloud environments.
- Locked industrial ecosystem, the system will operate a “gated community” model to ensure that all tenants of the cloud belong to the industrial ecosystem.
- Developer Insight into the operating environments and every actor connected to it, allowing continuous adjustment to new demands in the physical and digital world.
One of the early users of the solution is Pitney Bowes who are using the solution for their asset performance management (APM) apps as Roger Pilc, CIO, Pitney Bowes explains. "With our APM apps running on Predix Cloud, we're able to extract and analyse 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."
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.