GE (NYSE:GE) and Pitney Bowes (NYSE:PBI) today announced that Pitney
Bowes location
intelligence and data
quality solutions will be embedded in GE
Predix, the cloud-based platform for creating innovative Industrial
Internet applications that turn real-time operational data into insight
for better and faster decision-making.
Collaborating on the GE Predix platform enables business leaders to
address mission-critical challenges across large-scale industrial
environments. This level of intelligence spans physical and digital
networks to speed operational decisions that deliver cost efficiencies,
improve performance and increase revenues.
Today, machines communicate with each other across industrial networks
in much the same way people do in social networks. Industrial analytics
bring to light powerful opportunities for optimizing operations.
Location intelligence and data quality are the two of the most critical
aspects of data analytics for industrial enterprises. Pitney Bowes’
location intelligence capabilities cover 122 countries at point and
street level, 240 countries and territories at postal and place levels,
and provide the accuracy and precision necessary for industrial data
processing needs. Multitudes of data collected by sensors on machines
and assets are presented geospatially and analyzed to reveal business
intelligence in real time across industrial networks.
“To harness the power of the Industrial Internet, we must continuously
advance the convergence of the physical and digital worlds,” said Bill
Ruh, Senior Vice President and Chief Digital Officer, GE Digital. “Our
strategic partnership with Pitney Bowes is a great example of how this
is happening today. Understanding the complex relationships between
location and data gives us the ability to drive deeper insights and
real-time action for improving performance and productivity over a
machine’s life cycle. This is only made possible when you combine
Predix, location intelligence and our industrial domain expertise. We
look forward to working with Pitney Bowes to help companies build
digital industries.”
“Industrial challenges require the global real-time big data analytics
provided by the GE Predix platform. On this industrial scale, Pitney
Bowes location intelligence solutions deliver geospatial analytics for
solving mission-critical challenges, while data quality solutions
provide global precision,” said Mark Wright, President of Digital
Commerce Solutions, Pitney Bowes.
In shipping and logistics, industrial analytics help transform global
operations with intelligence around the location of each asset at any
given time. For example, the ability able to track materials needed for
manufacturing as they are moving through a complex international supply
chain, or the optimization of last-mile delivery for millions of
domestic and cross-border parcels in real time.
Government officials turn to industrial analytics to make informed and
accurate decisions on repair, maintenance and investment for critical
public infrastructure assets against tightly constrained budgets and
timescales. As sensors are used to monitor highway traffic, utility
efficiency and municipal works, a real-time geospatial view of
infrastructure becomes critical for planning and delivering city
services.
Mining companies have, for many years, relied on geospatial data
analytics to help find the highest concentration of minerals that can be
extracted at the lowest cost. At mining sites, remote and autonomous
vehicles, mining equipment, conveyor belts and even staff can now be
equipped with sensors that include GPS for location. This information is
fed into systems that analyze and optimize the operation of the mine,
improve employee safety and predict problems before they happen.
Pitney Bowes Chief Innovation Officer Roger Pilc will join Bill Ruh on
stage at GE's
fourth annual Minds + Machines event which will be held the week of
September 28, 2015, at Fort Mason Center in San Francisco, California.
The 2015 event will host 1,000+ customers, developers, thought leaders,
partners, and media for focused sessions on the state of the Industrial
Internet. The agenda will include deep-dive presentations on GE's Predix
platform, strategies for Asset Performance Management, and adjacent
technologies driving successful Industrial Internet outcomes today.
About GE
GE (NYSE:GE) works on things that matter. The best people and the best
technologies taking on the toughest challenges. Finding solutions in
energy, health and home, transportation and finance. Building, powering,
moving and helping to cure the world. Not just imagining. Doing. GE
works. For more information, visit the company's website at www.ge.com.
About Pitney Bowes
Pitney Bowes is a global technology company offering innovative products
and solutions that enable commerce in the areas of customer information
management, location intelligence, customer engagement, shipping and
mailing, and global ecommerce. More than 1.5 million clients in
approximately 100 countries around the world rely on products, solutions
and services from Pitney Bowes. For additional information, visit Pitney
Bowes at www.pb.com.
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