digital industrial transformation with predix

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GE Digital GE Digital Digital Industrial Transformation with Predix Johnny Teixeira 6 April 2017

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Page 1: Digital Industrial Transformation with Predix

GE Digital GE Digital

Digital Industrial Transformation

with Predix

Johnny Teixeira

6 April 2017

Page 2: Digital Industrial Transformation with Predix

GE Digital

Introduction

Technical Leadership Merging physical & analytical science

Digital Thread Common systems strategy leveraging Predix

Ecosystem Approach Co-creating with customers, developers, partners

Customer Outcomes Increased productivity for our customers

Culture of Simplification Act with speed & new business models

in revenue

supports customers in

100+

developers

staff globally

in revenue

14k+ $1 Trillion

value of managed assets in aviation, healthcare, transportation, power & water and oil & gas

countries

$5B

30k+

GE Digital

Our differentiators

We design, build and operate assets, fleets and factories

We are a software and analytics company that speaks the language of industry

technology, intellect and scale

Page 3: Digital Industrial Transformation with Predix

GE Digital

GE & Software

2011 2012 2013 2014 2015

Established HQ In Bay Area

First Minds

& Machines

Event Launched

250

Employees

$300-

$400M

per year

invested

700

Employees

$800M in

Software

orders

$1.1B in

Revenue

Announced

GE Digital &

Launched

Predix

1200

Employees

Page 4: Digital Industrial Transformation with Predix

GE Digital

Enabling Technologies - Connected Devices

4

Sources: (1) Cisco, Harbor Research, www.futuristspeaker.com

(2) Statistika, Weltbevölkerung, http://de.statista.com

7.3 6.9 7.6

50 Billion

“Smart Objects”

50

2010 2015 2020 0

40

30

20

10

Inflection Point

World Population

Rapid adoption rate of digital infrastructure

BIL

LIO

NS

OF

DE

VIC

ES

TIMELINE

25

Page 5: Digital Industrial Transformation with Predix

GE Digital

Asset Performance Management

Operations Optimization

Digital Twin/ Digital Thread

Maximize performance and asset availability

Increase system efficiency across

operations

Optimize lifecycle of design, manufacturing, service,

& repair cycles

Transforming Industrial Operations

5

Creating New Value

Improved

operational

performance

and efficiency

1

New customer

services and business

models

2

Continuous

innovation

and faster

time to market

3

Page 6: Digital Industrial Transformation with Predix

GE Digital

Industrial-grade technology

Optimized for asset data models and

operational workflows

Designed for Industrial Big

Data and Analytics

Modern Development tools

for faster Innovation

The Need for a New Kind of Platform

7

Strategic Inflection Point: How to rapidly develop, manage, and secure Industrial IoT apps and services?

Page 7: Digital Industrial Transformation with Predix

GE Digital

Connected Assets Industrial Data

Management

Cloud & Mobile Industrial Data Science

Cloud-based platform for Industrial Internet

Predix: Purpose-built for Industrial IoT

Asset Performance Mgmt Operations Optimization

Digital Twin Industrial Analytics

Profitable

Growth Increase production

for market

advancement

Risk Mitigation Lower operations

and financial risk

!

Reliability Increase availability

and longer asset life

8

Cost Reduction Lower operating

costs with greater

efficiencies

Optimized for Industrial Requirements

Page 8: Digital Industrial Transformation with Predix

GE Digital

Predix Takes Complexity out of Industrial IoT

How to connect securely to any asset from any

vendor?

How to manage and analyze

massive data sets cost-effectively?

How to deliver real-time

information to operators?

How to protect data and

comply with regulations?

Common software platform for OT and IT teams

9

Page 9: Digital Industrial Transformation with Predix

GE Digital

Physics-based Advanced Data Science Applied Engineering

Data Continuous, accessible

Statistics Identify trends and anomalies

Physics Apply asset and domain

expertise

Industrial Outcomes

One platform for OT and IT teams to collaborate and

innovate

+ + =

Operator

A Operator B Cruise Take

off

Te

mp

era

tur

e

Threshold

Climb Part Temperature

Predix and Industrial Analytics

10

Page 10: Digital Industrial Transformation with Predix

GE Digital

12 month releases 10 applications

Zero user feedback

7 day releases 100+ apps

Instant user feedback

11

Faster Innovation: Modern App Development

DevOps and Continuous Delivery

Page 11: Digital Industrial Transformation with Predix

GE Digital April 18, 2017

Customer Presentation 13

GE Digital’s ecosystem is driving the Industrial Internet

System Integrators ISVs Telcos Technology Partners Resellers

Strategic Partnerships Customized Solutions Joint Selling

Page 12: Digital Industrial Transformation with Predix

GE Digital

Predix Catalog and Marketplace

GE and 3rd-party Services…

14

Page 13: Digital Industrial Transformation with Predix

GE Digital

Industrial Internet Solutions Powered by Predix

Asset Performance

Management (APM)

Automation

Brilliant Manufacturing

15

Page 14: Digital Industrial Transformation with Predix

GE Digital

GE’s Digital Industrial Journey

16 AVIATION

POWER DISTRIBUTION POWER GENERATION

HEALTHCARE

OIL & GAS

RAIL

WIND WATER

AVIATION MANUFACTURING MINING

• Maximize Production

• Predictive Maintenance

• Remote Collaboration

• Reduced Risk

• Environmental Control

• Maximize Production

• Longer Repair Intervals

• Reduce Emissions

• Predictive Maintenance

• Longer Asset Life

• Revenue Protection

• Meter Health

• Power Quality

• Load Forecasting

• Predictive Maintenance

• Maximize Farm Power

• Wind Wake Protection

• Outage Detection

• Continuous Operation

• Operational Integrity

• Minimize Water Use

• Control Emissions

• Minimize Cost

• Maximize Fuel Use

• Risk Management

• Predictive Maintenance

• Efficient Operations

• Customer Satisfaction

• Maximize Fuel Use

• Enhanced Operation

• Network Velocity

• Predictive Maintenance

• Supplier Collaboration

• Cost Reduction

• Consumer Protection

• Efficient Operations

• Regulatory Compliance

• Predictive Maintenance

• Maximize Production

• Efficient Operations

• Safe Operations

• Predictive Maintenance

• Patient Experience

• Improved Hand Hygiene

• Cost Reduction

• Efficient Operations

• Regulatory Compliance

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Page 15: Digital Industrial Transformation with Predix

GE Digital

Plan Your Industrial Internet Strategy

Connect

Monitor

Achieve Insight

Predict

Optimize

TIME

VA

LU

E

Continuum of GE Solutions Powered by Predix

Get

Connected Get Insights

Get

Optimized

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Page 16: Digital Industrial Transformation with Predix

GE Digital

Start Your Digital Journey Today

Assess • Capability Assessment

• Maturity Model

• Outcomes Mapping

z

Plan • Solution Architecture Workshop

• Prioritize Desired Outcomes

• Scope barriers and required capabilities

Execute • Predix Accelerator: Design Thinking

• Predix Accelerator: Data Science

• Predix Developer Training

• Predix Customizable Support Offerings

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• Accelerate time-to-value and reduce risk

• Leverage GE’s R&D investments in Industrial Internet platform technologies

• Benefit from a growing ecosystem of technology partners, ISV’s and consulting partners

Page 17: Digital Industrial Transformation with Predix

GE Digital

General Electric Company reserves the right to make changes in specifications and features, or discontinue the product or service described at any time, without notice or obligation. These materials do not constitute a representation, warranty or documentation regarding the product or service featured. Illustrations are provided for informational purposes, and your configuration may differ. This information does not constitute legal, financial, coding, or regulatory advice in connection with your use of the product or service. Please consult your professional advisors for any such advice. No part of this document may be distributed, reproduced or posted without the express written permission of General Electric Company. GE, Predix and the GE Monogram are trademarks of General Electric Company. ©2015 General Electric Company – All rights reserved.

Page 18: Digital Industrial Transformation with Predix

GE Digital GE Confidential

IDC Energy Insights Perspective

GE is truly on the path to digital transformation (DX). With the announcement of GE Digital as a separate software division, Predix as platform as a service in the cloud, and ready-to-roll asset performance management, this manufacturing company is evolving. The company has all the elements of DX that IDC believes are essential to success. A commitment from CEO Jeff Immelt, a reworking of the operating models, a focus on information, and a refreshing view toward sourcing work with partners and developers are in the mix.” Jill Feblowitz and Robert Parker, 10/2015

GE facilitates business outcomes by inviting management and Operations to think with one mind “GE Digital’s approach is to sell the outcomes; be open in supporting broad development on Predix, both for GE and non-GE technology; and lay the path to turn data into business insights.” John Spooner, IOT Director 10/2015

The Importance of GE Predix Pilot for RasGas and GCC RasGas, a safe and reliable supplier of LNG based in Qatar, begins its journey to the “effective integration” of big data and advanced analytics in the cloud, that will support process optimization across RasGas operations. According to RasGas, GE Predix will lower operating costs through greater efficiencies and optimize product chain across RasGas” 12/2015

Differentiate Within Vertical Industries

By Leveraging on Internet of Things

“GE's Predix software platform enables asset optimization by crunching the real-time information it receives from various sensors and making decisions around that information. Predix can connect machine data driven by various sensors embedded within the device to the Internet and make devices such as engines and medical scanners "intelligent.” Anurag Gupta, Rajesh Kandaswamy, Vittorio D'Orazio, 12/2014

Finally, an Actual IoT Offering

“Predix is how the IoT should have been visualized all along.” “OaaS is probably the most useful single concept to come along in IoT because it takes the dialog up to the top where the value to the user lives.” Tom Nolle, 11/2015

GE Positions Itself As A Digital Industrial Leader GE AIMS TO DELIVER CUSTOMER VALUE BY FOCUSING ON SOFTWARE “GE's annual Minds + Machines has essentially become the industry lighthouse event for software, analytics, and connected products innovation in the industrial space. “ John McCarthy and Pascal Matzke, 10/2015

What They’re Saying Charting the Path to IoT Business Value

“GE Predix is a cloud service providers bundling algorithms as part of their offerings, and encouraging third parties and end users to build their own.” Analyst(s): Chet Geschickter, Michele Cantara, Dale Kutnick, Alfonso Velosa, Earl Perkins, Kristian Steenstrup

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