GE to enter Cloud Services Market with Predix Cloud

GE announced plans to enter the cloud services market with its Predix Cloud -- a platform-as-a-service (PaaS) designed specifically for industrial data and analytics.

GE said it is developing Predix Cloud to capture and analyze the unique volume, velocity and variety of machine data within a highly secure, industrial-strength cloud environment. Machine data is expected drive the next phase of growth for the Industrial Internet and enable developers to rapidly create, deploy and manage applications and services for industry.

“Cloud computing has enabled incredible innovation across the consumer world. With Predix Cloud, GE is providing a new level of service and results across the industrial world,” said Jeffrey Immelt, CEO of GE. “A more digital hospital means better, faster healthcare. A more digital manufacturing plant means more products are made faster. A more digital oil company means better asset management and more productivity at every well. We look forward to partnering with our customers to develop customized solutions that will help transform their business.”

Predix Cloud will leverage GE’s deep domain expertise in information technology (IT) and its operational technology (OT).

“A cloud built exclusively to capture and analyze machine data will make unforeseen problems and missed opportunities increasingly a complication of the past,” said Harel Kodesh, Vice President, General Manager of Predix at GE Software. “GE’s Predix Cloud will unlock an industrial app economy that delivers more value to machines, fleets and factories - and enable a thriving developer community to collaborate and rapidly deploy industrial applications in a highly protected environment.”

GE businesses will begin migrating their software and analytics to the Predix Cloud in Q4 2015, and the service will be commercially available to customers and other industrial businesses for managing data and applications on Predix Cloud in 2016.

https://www.gesoftware.com/predix