Digital strategy to transform GE into digital industrial leader
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Transcript of Digital strategy to transform GE into digital industrial leader
GE IIOT Connecting Minds + Machines Jesus & Youji
Agenda
• The Opportunity: IoT Enables IoE
• Delivering Value Now: GE’s IoT Platform
• Evolution: Making Great Possibilities Real
• Q&A
GE’S MISSION IS TO INVENT THE NEXT
INDUSTRIAL ERA, TO BUILD, MOVE, POWER
AND CURE THE WORLD.
Jeff Immelt, CEO
Natural leader
GE at a glance 2014
Strategic choice- 2014
Culture of simplification 2014
Power
Power of 1%
Source: GE and industry estimates
Source: GE and industry estimates
Source: GE and industry estimates
Benefits of Industrial Internet Diffusion to World Economy
Source: GE projections
The Digital Enterprise
Focus on customer outcomes with ability to respond quickly change
Spur open innovation & forward-think design
Understanding what delivery models meet customer preferences
Designing solutions for anywhere, anytime access to information Combining elements of low cost sensing, analytics& new levels of connectivity permitted by the internet
E&E Value creation
Innovation
Customized Solution
Connectivity Intelligently
IOT Platform technology What is takes
IOT Platform technology
Intelligent Machine Application
Big data / Analytics Integration
Sensor-driven & Mobile Computing
Cloud / Infrastructure
Information Technology
Operation Technology
IT / OT C
on
vergen
ce
Security
Strategy Governance Operating Model
Services
Add value
Intelligent product Intelligent system Intelligent operation
IIOT Platform for 1% and More
What IIOT means to GE
BIG IRON BASE
How GE make it happen?
Enterprise IoT Challenges
Software Excellence
Integration of Digital & Physical
Collaboration &
Crowdsource
Data & analytic + a Platform
Interconnected industrial assets
Advanced Manufacturing
Ecosystems + Co – Creation
Global Brain to GE Store
GE’s Business Model – Paas Enabler
TURN BIG IRON TO SMART IRON BIG IRON + BIG DATA = DIGITAL ASSET
Evolution of IIOT in GE
• Connectivity • Big Data Analytics • Cloud
• Application Development
• Smart Connected Assets
• Smart Connected Operations
• Eventually Smart Connected Enterprise
The Four Pillars of Predix
Paas-Enabler creates value Connecting
minds & machines
Transforming the Industrial Application Landscape
GE FOR CUSTOMER
Hello tomorrow
Big Pie of Data
IIOT $15B by 2020 Big Iron Smart Iron
Digitalize yourself
Join the digital Party