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Last Fall, industry giant General Electric launched 14 new Internet Predictivity™ technologies to improve outcomes for aviation, oil & gas, transportation, healthcare and energy.The aim: enable global industries to achieve outcomes such as minimal unplanned downtime, increased productivity, preventive maintenance, lower fuel costs and reduced emissions. GE now offers customers a total of 24 Predictivity solutions.
Taken literally, Preventive Maintenance of course is only the first step on the maturity path towards optimal Predictivity, as this illustration shows:
Today, GE defines their Predictivity effort as achieving powerful outcomes with Big Data Analytics. Solutions by industry include these 10 examples:
Aviation: Flight efficiency services helped Alitalia identify 1.5% savings in fuel costs within the first year – a savings of $15 million.
Healthcare: GE helped a South Carolina facility automate monitoring of hand washing – improving hand hygiene compliance from 52% to 81% in eight weeks.
Manufacturing: GE’s proven framework for Operational Excellence that offers a phased approach with sequential steps – starting with process visibility for quick wins and scaling up to enterprise-wide integration for a long-term competitive edge. It helps companies focus on the areas that will provide the best performance improvements to drive sustainable productivity and profitability.
Mining: One of the largest global mining companies initially deployed GE technologies on haul trucks in a mine in Australia. After increasing fleet availability from 70 to 85% in Australia, the company is now expanding the solution to mines in Africa and South America.
Oil & Gas: GE solutions keep watch on BP’s offshore critical assets with sensors, software, big data analytics, and domain expertise that drive efficiencies for their operations.
Power Distribution: Municipal and co-op utilities can receive the value of grid modernization without high upfront costs or difficult software integration. GE technologies gave the City of Leesburg an intelligent grid 75% faster and at 10% of the full capital cost, improving operations and lowering costs.
Power Generation: Combining advanced software solutions and hardware design innovation, GE’s portfolio can transform your existing GE heavy-duty gas turbines to meet today’s demands for power, efficiency, and flexibility.
Rail: On Key Georgia Division corridors, Norfolk Southern has seen a 10% increase in network velocity, a 50% reduction in expired crews, and significant improvements in on-time performance.
Water: The R.C. Harris filtration plant, which produces nearly half of Toronto’s drinking water, partnered with GE to increase efficiency by fully automating its water treatment and analysis.
Wind: Wind operators can capture up to 20% more profit per turbine.
The fourth stage of the Industrial Revolution is upon us due to the far-reaching integration, accelerated by the Internet of Things, of Operational Technology (OT) and Information Technology (IT). This creates completely new opportunities as a result of new combinations of mental, physical and mechanical work by integrating the internet, sensors and embedded systems.