The company had informed that it is a platform as a service which is designed for industrial data and analytics, will be based on its predix platform that will enable companies to develop apps that can use real time operational data to provide the better and fast decision making. GE officials told Reuters that Predix Cloud is designed to manage, analyze and store machine data in real-time, using what it calls a “gated community model” that ensures cloud tenants deserve there place in the industrial ecosystem.
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GE is effectively offering other companies the technology it has developed to run its own industrial businesses, which span from aviation and energy to health care and transportation.
Predix Cloud will drive the next phase of growth for the Industrial Internet and enable developers to rapidly create, deploy and manage applications and services for industry.
The idea of an “Industrial Internet” specific cloud is great in theory, but as Wired.com points out, by targeting some of the highest value companies in the world, GE’s new cloud could well become an awfully tempting target for hackers.
Japanese Internet and telecommunications company, SoftBank, licensed the Predix platform technology in December last year to develop custom apps for new markets such as shipping and manufacturing.
“This could include end user analytics for customer service, data visualisation and real-time reporting for security, quality of service and predictive alerts for engineers through to the right tooling for developers”.
Looking at GE jet engines for example, the company can look at around 100,000 flights a day, giving the company plenty of data to look deal with and analyse.
Predix Cloud is built upon the Pivotal Cloud Foundry Platform – which is GE funded- and will help industries track any defects related to their complicated machinery and resolve the errors before any small malfunction leads to a major disaster. Companies such as IBM and Accenture have been providing software for industrial analytics for a number of years. The cloud will be capable of picking up data from any system connected to its network.
By the end of this year, GE hopes to migrate its software to the Predix cloud service.
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GE is not the only one planning an expansion in cloud computing. It is expected to be available to customers in 2016.
