GE Predix Platform Embeds Pitney Bowes Location Intelligence and Data Quality to Bolster Industrial Internet Data Analytics
September 15 2015 - 9:00AM
Business Wire
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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version on businesswire.com: http://www.businesswire.com/news/home/20150915005275/en/
Pitney Bowes Inc.Carol Wallace, 203-351-6974Media Relations
DirectorCarol.wallace@pb.com
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