GE and Oracle today announced a strategic partnership focused on
building the first of its kind platform for companies to digitally
connect industrial assets across the world.
Through this collaboration, GE Digital and Oracle will develop and
integrate complementary solutions across their product portfolios. GE
Digital brings its Predix offering that combines cutting-edge technology
and decades of industry experience into a Platform-as-a-Service (PaaS)
targeted to securely ingest machine-grade data at scale and analyzes it
to deliver outcomes –fast. The Predix platform is purpose-built for
developing, deploying, operating and monetizing Industrial Internet
applications. Oracle’s enterprise solutions, including its Oracle Cloud
Platform, Oracle Cloud Applications and ERP and Supply Chain Management
applications, can use the information from Industrial Internet devices
to help automate and optimize business processes, enable better asset
visibility, more efficient supply chains, intelligent manufacturing,
predictive maintenance and service, and improve logistics and
transportation efficiency.
GE’s operational technology and Oracle’s enterprise solutions are
intended to integrate into one optimized view for customers, allowing
for end-to-end insight from customer assets in the field and on the
factory floor, to the front and back office to the boardroom. With these
integrated solutions, customers can connect any machine or sensor to any
other machine or business application to also create disruptive and
innovative products and services. Customers will leverage these
solutions to maximize the benefits of the convergence of Operational
Technologies (OT) with Information Technologies (IT) in driving business
outcomes such as operational efficiencies, cost to quality reduction and
enhanced customer experiences.
“GE and Oracle, two industry powerhouses, share a vision for growing the
digital industrial ecosystem and providing customers with the easiest
path to transformation,” said Thomas Kurian, President of Product
Development, Oracle. “GE’s Industrial Internet platform sets the
standard for the industry and we are committed to developing joint
solutions that leverage Oracle’s enterprise expertise in analytics and
business applications to deliver digitally- enabled business process
innovation for industrial companies.”
GE Digital and Oracle will bring their large partner ecosystems together
to train, certify and implement powered by Predix solutions with
Oracle’s Cloud offerings, technology software and business applications.
“We are building an ecosystem with world-class partners who share our
belief that customers benefit at the intersection of information
technology and operations technology,” said Bill Ruh, CEO for GE
Digital. “Oracle has become a market leader in cloud-based enterprise
software and we are co-developing solutions on Predix that will leverage
this intersection to provide our customers with new insights that were
not possible before.”
About GE Digital
GE Digital connects streams of machine data to powerful analytics and
people, providing industrial companies with valuable insights to manage
assets and operations more efficiently. World-class talent and software
capabilities driving digital industrial transformation for big gains in
productivity, availability and longevity. For more information, visit
the website at www.ge.com/digital.
About Oracle
Oracle offers a comprehensive and fully integrated stack of cloud
applications and platform services. For more information about Oracle
(NYSE:ORCL), visit www.oracle.com.
Trademarks
Oracle and Java are registered trademarks of Oracle and/or its
affiliates. Other names may be trademarks of their respective owners.
Safe Harbor
The following is intended to outline our general product direction. It
is intended for information purposes only, and may not be incorporated
into any contract. It is not a commitment to deliver any material, code,
or functionality, and should not be relied upon in making purchasing
decisions. The development, release, and timing of any features or
functionality described for Oracle's products remains at the sole
discretion of Oracle Corporation.
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