GE Revolutionizes Equipment Operations with First Complete Asset Performance Management Solutions Suite
April 25 2016 - 2:00AM
Business Wire
Predix platform enables realization of APM
promise with comprehensive end-to-end insight into industrial scale
data, improving asset uptime and performance results
- GE showcases Predix, APM and Brilliant
Manufacturing solutions at Hannover Messe
- Efficiency Analyzer module, part of the
Brilliant Manufacturing Suite, offers Big Data strategy to improve
overall equipment effectiveness (OEE) by an average of 15%
GE Digital (NYSE:GE) today announced the launch of its suite of
Asset Performance Management (APM) solutions, the first
commercially available applications running on GE’s Predix
platform. Industrial companies can now use data and cloud-based
analytics to improve the reliability and availability of their
assets, minimize total cost of ownership, and reduce operational
risks for both GE and non-GE assets.
While APM is not a new concept, companies have been forced to
integrate a range of disparate solutions to monitor and maintain
their industrial equipment. No comprehensive solution has existed
to support the industrial data generated by these assets. For
example, Enterprise Asset Management (EAM) and Enterprise Resource
Planning (ERP) systems can report on how equipment was used and
maintained – but cannot analyze the volumes of rich diagnostic data
that can be processed with Big Data techniques to predict and
prevent equipment issues.
APM powered by Predix combines GE’s expertise in both asset
physics and industrial software to offer a unique cloud-based
solution for Asset Performance Management. GE was able to develop
this comprehensive solution in record time due to the power of the
underlying Predix platform. Predix provides developers with robust
security, real-time data management and cloud infrastructure
management to more easily develop and maintain applications.
“GE’s deep expertise in developing and servicing machines for
industry gives us a greater understanding of real business
operations and the insights to deliver on industry needs,” said
Derek Porter, General Manager for Predix Applications, GE Digital.
“With the launch of our APM solutions suite, GE is commercializing
its own best practices for customers.”
GE’s suite of APM solutions, built on decades of experience with
industrial machines, is deployed in three tiers:
- Machine and Equipment Health
provides a unified view of the asset, virtually anytime, anywhere,
to understand equipment performance at many levels, to reduce the
effort it takes to collect and report on asset data, and ultimately
to make faster decisions.
- Reliability Management predicts
equipment issues so operators can schedule maintenance activities
to remedy them and avert costly unplanned downtime. It also
streamlines case and issue management with cross-functional
collaboration tools and a single “source of truth” of asset health
for maintenance, operations, engineering, and other functions.
- Maintenance Optimization, which
will be available later in 2016, helps operators develop optimal
long-term asset maintenance strategies; balancing asset life,
maintenance costs, and risk.
Enabling Brilliant Manufacturing
GE is also highlighting the first generally available module of
GE Digital’s Brilliant Manufacturing Software Suite – Efficiency
Analyzer. Manufacturers looking to take advantage of the large
amount of manufacturing data they own can deploy Efficiency
Analyzer to address the rapidly eroding time buffer between market
demand and production. The module provides machine and production
efficiency analytics to help reduce equipment downtime and scrap
maintenance costs through improved visibility into operations,
identifying bottlenecks and increasing yield.
With Efficiency Analyzer, GE is employing a new deployment
approach. Through a SaaS pricing model and minimal ongoing IT
impact, this offer completely changes how manufacturers can think
about deploying operations technology.
GE also uses these Brilliant Manufacturing software products in
its own plants. “GE’s Brilliant Manufacturing Suite has enabled
significant reduction in unplanned machine downtime resulting in
higher plant efficiency,” said Bryce Poland, Advanced Manufacturing
Brilliant Factory Leader, GE Transportation. “As part of our
digital thread strategy, we will increase our machines and
materials visibility by 400% in 2016.”
GE’s Predix Platform
Predix is an industrial cloud-based service designed to meet the
unique security, scale and speed requirements of
industrial-strength machines. More than 7,500 developers from
within and outside GE and its customers including Boeing,
ConocoPhillips and Pitney Bowes are building on the Predix
platform. Predix enables GE to quickly and efficiently bring
software innovations like its APM and Brilliant Manufacturing
solutions to customers and to update them seamlessly with new
improvements. GE will demonstrate both solutions portfolios at
Hannover Messe.
About GE Digital
GE Digital connects streams of machine data to powerful
analytics, providing Industrial companies with valuable insights to
manage assets and operations more efficiently. World-class talent
and software capabilities driving big gains in productivity,
availability and longevity. For more information, visit the website
at www.ge.com/digital.
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version on businesswire.com: http://www.businesswire.com/news/home/20160425005486/en/
Media:GE DigitalAt Hannover
Messe:Amy Sarosiek, +1 224 239
6028amy.sarosiek@ge.comorIn
US:Ellie Holman, +1 508 698 7456ellie.holman@ge.com
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