The document discusses the Industrial Internet and its potential impacts. Key points include:
- The Industrial Internet refers to connecting industrial machines to collect and analyze large amounts of data that can be used for predictive analytics and optimization.
- This connectivity and data collection from billions of machines is expected to generate huge efficiencies across industries and eliminate up to $150 billion in waste annually through improvements like 1% reductions in fuel usage or capital expenditures.
- GE is developing software and solutions like Predix to help companies connect their assets, collect and analyze machine data, monitor operations remotely, optimize performance, and develop new data-driven services.
3. 3
Forces shaping
the Industrial Internet
Internet
of things1 Intelligent
machines2 Big Data
3 Analytics
4A living network
of machines, data,
and people
Increasing system
intelligence through
embedded software
Generating
data-driven insights
and enhancing asset
performance
Transforming
massive volumes
of information
into intelligence
4. 4
Industrial Internet: business value
New customer services
Data and the insights
it provides will enable
new customer services
and business models
Efficiency and cost
savings
The ability to model
and understand the
physical world makes
it easier to optimize
assets and processes
Risk avoidance
Increased visibility
and control help
address
environmental, health,
and human safety
issues
5. 5
The value to customers is huge
Connected machines and data could eliminate up to
$150 billion in waste across industries
Aviation
Power
Healthcare
Rail
Oil and Gas
Industry Segment Type of savings
Estimated value
over 15 years
(Billion nominal US dollars)
$66B
$30B
$63B
$27B
$90B
Commercial
Gas-fired
generation
System-wide
Freight
1% fuel savings
Exploration and
development
1% fuel savings
1% reduction in
system inefficiency
1% reduction in
system inefficiency
1% reduction in
capital expenditures
Note: Illustrative examples based on potential one percent savings applied across specific global industry sectors. Source: GE estimates
7. 7
Taleris
Objectives
• Help airlines maximize aircraft utilization
• Minimize the impact of maintenance
• Go from diagnostics to root cause analysis
Results
• Advanced prognostic algorithm allows
airlines to detect issues before they cause
downtime/expense
• Monitors 10,000 independent parameters,
transmits wirelessly
• Integrates with airline’s enterprise systems
• Platform-agnostic solution can be installed
on any make/model, providing continuity
among entire fleet
Example Use Case
Asset
Management
+ Analytics +
Experience
GE Confidential
8. 8
Rail optimization
The GE RailConnect
Transportation Management
System and Movement
Planner System help
railroads analyze critical
information in real time.
Customer estimate: every
1-mph increase in rail
network speed saves
$200M in annual capital
and operating expenses
Example Use Case
Asset
Management
+ Analytics +
Experience
GE Confidential
9. 9
Cloud
for efficiency
and agility
Going mobile:
anytime/
anywhere
Access
End-to-end
Security
Predictive
insights from
Big Data
Transition to
“Brilliant machines”
Cloud based Integrated
Asset
Management
Industrial
Internet platform
requirements021010308
013161090
040109010
104078050 Consistent and
meaningful
User
experience
10. 10
Machine Centric Industrial Big Data Modern Architecture Resilient &
Secure
Connect, make machines
intelligent, and optimize
them from anywhere in the
network
Optimized for real-time,
large-scale analytic and
asset management
Rapidly deliver consumer grade
Industrial Internet apps with a
cloud-agnostic platform
Protect industrial data and
control access to
machines, networks and
systems
Connects machines, data and people
The software platform for optimizing industrial assets and operations
Predix
The software platform for the Industrial Internet
11. 11
Predix Platform Product suite
On Premise
Cloud
or
Machine Server
Turbine
Grid/utility
Wind farm
HealthcareAviation Transportation
Predix .Marketplace
GE
Solutions
Energy
Network
People at work
Experience
Reader
Connect
Card
Micro
Machine Net
Server
Insight
Core
Asset
12. 12
GE Software’s evolving ecosystem
We collaborate to extend
the reach of our Industrial Internet solutions
• Work with the best
• Share risk and reward
• Develop distinctive technologies
• Pursue new markets
SOFTWARE
ALLIANCES
TECHNOLOGY
ARCHITECTURE
Software as
a Service
(SaaS)
Platform
as a Service
(PaaS)
Infrastructure
as a service
(laaS)
Guiding
Principles
CONSUME
HOST
BUILD
13. 13
Cloud Agnostic
Cloud Everything
in-between
Micro
Analytic requirements of industrial companies
FREQUENCY
OF ANALYTIC
Minutes+
Seconds
Milliseconds
1,000,000’s
+
Enterprise data
+
Exogenous data
1,000’s
100’s
LOCATION
OF
ANALYTIC
Wind
Mining
Aviation
Rail
Machine
Turbine
Grinding circuit
Engine
Engina
Plant
Wind farm
Mine site
Aircraft
Locomotive
Enterprise
Distribution
center
Mining company
Airline
Railroad
INDUSTRIAL DATA
Asset & process
Interaction
Orchestration
Analytics
Data collection and aggregation
Control systems
Machine Cloud
Decision support
Modular and extensible
ENTERPRISE
DATA
Supply chain, finance, etc.
EXOGENOUS
DATA
Market, weather, etc.