{"id":8057,"date":"2018-07-18T14:43:35","date_gmt":"2018-07-18T10:43:35","guid":{"rendered":"http:\/\/www.middleeastevents.com\/blog\/?p=8057"},"modified":"2018-07-18T14:46:15","modified_gmt":"2018-07-18T10:46:15","slug":"ge-and-microsoft-enter-into-their-largest-partnership-to-date-accelerating-industrial-iot-adoption-for-customers","status":"publish","type":"post","link":"https:\/\/www.middleeastevents.com\/blog\/ge-and-microsoft-enter-into-their-largest-partnership-to-date-accelerating-industrial-iot-adoption-for-customers\/","title":{"rendered":"GE And Microsoft Enter Into Their Largest Partnership To Date, Accelerating Industrial IoT Adoption For Customers"},"content":{"rendered":"

GE (NYSE: GE) and Microsoft Corp. (Nasdaq: \u201cMSFT\u201d) today announced an expanded partnership, bringing together operational technology and information technology to eliminate hurdles industrial companies face in advancing digital transformation projects. As part of the union, GE Digital plans to standardize its Predix solutions on Microsoft Azure and will deeply integrate the Predix portfolio with Azure\u2019s native cloud capabilities, including Azure IoT and Azure Data and Analytics. The parties will also co-sell and go-to-market together, offering end customers premier Industrial IoT (IIoT)solutions across verticals. In addition, GE will leverage Microsoft Azure across its business for additional IT workloads and productivity tools, including internal Predix-based deployments, to drive innovation across the company.<\/p>\n

According to Gartner<\/a>, companies have evolved from “talking about” to implementing IoT proofs of concept (POCs) and pilots. While POC projects tend to be easy to start, few enterprises have ramped up large-scale initiatives.*The GE-Microsoft partnership helps industrial customers streamline their digital transformations by combining GE Digital\u2019s leading IIoT solutions that ingest, store, analyze and act on data to drive greater insight with Microsoft\u2019s vast cloud footprint, helping customers transform their operations at the enterprise level.<\/p>\n

Advancing Industrial IoT Applications<\/strong><\/p>\n

GE Digital\u2019s Predix is the application development platform that equips industrial organizations with everything they need to rapidly build, securely deploy and effectively run IIoT applications from edge to cloud, turning asset data into actionable insights. Leading industrial companies such as BP, Exelon, Schindler and Maersk are using GE Digital\u2019s solutions \u2013 including flagship applicationsPredix Asset Performance Management and Predix ServiceMax\u2013 as well as thousands of Predix-based apps created by customers and partners to improve operations and efficiency of their assets. Tapping into the power of Azure will help accelerate adoption of the Predix portfolio. The partnership brings together GE Digital\u2019s expertise in industrial data and applications with Microsoft\u2019s enterprise cloud, helping customers speed deployment of industrial applications and achieve tangible outcomes faster, ultimately fueling growth and business innovation.<\/p>\n

Driving Innovation across GE<\/strong><\/p>\n

GE also plans to leverage Azure across the company for a wide range of IT workloads and productivity tools, accelerating digital innovation and driving efficiencies. This partnership also enables the different GE businesses to tap into Microsoft\u2019s advanced enterprise capabilities, which will support the petabytes of data managed by the Predix platform, such as GE\u2019s monitoring and diagnostics centers, internal manufacturing and services programs.<\/p>\n

Microsoft Azure has announced 54 regions across the globe, with 42 currently available \u2013 more than any other major cloud provider. Its cloud meets a broad set of international standards and compliance requirements to ensure customer solutions can scale globally. This partnership also enhances the security layer within the Predix platform, which meets the specialized requirements of industries such as aviation, power and utilities. Leveraging Azure enables GE to expand its cloud footprint globally, helping the companies\u2019 mutual customers rapidly deploy IIoT applications.<\/p>\n

The global IoT market is expected to be worth $1.1 trillion in revenue by 2025 as market value shifts from connectivity to platforms, applications and services, according to new data from GSMA Intelligence<\/a>.<\/p>\n

\u201cEvery industrial company will have to master digital to compete in the future, connecting machines and making them more intelligent to drive efficiency and productivity,\u201d said Bill Ruh, Chief Digital Officer, GE and CEO, GE Digital. \u201cOur customers are asking for us to make a deeper connection between our two companies. Through this expanded partnership, Microsoft and GE are enabling customers around the world to harness the power of the Predix portfolio, including Predix Asset Performance Management, to unlock new capabilities to drive growth.\u201d <\/em><\/p>\n

\u201cThe industrial sector plays an important role in fueling economies around the world,\u201d said Judson Althoff, Executive Vice President, Microsoft. \u201cWith this strategic partnership, GE and our mutual customers will benefit from a trusted platform with the flexibility and scalability to deliver unprecedented results and help advance their business potential.\u201d\u00a0<\/em><\/p>\n

As part of this expanded partnership, the companies will go-to-market together and also explore deeper integration of Predix IIoT solutions with Power BI, PowerApps and other third-party solutions, as well as integration with Microsoft Azure Stack to enable hybrid deployments across public and private clouds.<\/p>\n

*Gartner, Hype Cycle for the Internet of Things, 2017, 24 July 2017<\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

GE (NYSE: GE) and Microsoft Corp. (Nasdaq: \u201cMSFT\u201d) today announced an expanded partnership, bringing together operational technology and information technology to eliminate hurdles industrial companies face in advancing digital transformation projects. As part of the union, GE Digital plans to standardize its Predix solutions on Microsoft Azure and will deeply integrate the Predix portfolio with […]<\/p>\n","protected":false},"author":1,"featured_media":8058,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/8057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/comments?post=8057"}],"version-history":[{"count":1,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/8057\/revisions"}],"predecessor-version":[{"id":8059,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/8057\/revisions\/8059"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media\/8058"}],"wp:attachment":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media?parent=8057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/categories?post=8057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/tags?post=8057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}