GE partners with AWS for big data project

 

Seeks to create industrial internet.

 

General Electric Co joined forces with Amazon Web Services on Tuesday to make a wide range of data on products, including jet engines and gas turbines, available online so they can be analysed.

GE said Amazon Inc is the first online "cloud" service on which it will start creating an "Industrial internet" to tap a market that analysts say could be worth hundreds of billions of dollars by the end of the decade.

The deal will build on GE partnerships with IT infrastructure company Pivotal and consultant Accenture Plc, which will develop applications to help companies tap "big data" - a broad term for the use of vast amounts of stored information.

"It is only in the ability to quickly analyse, understand, and put machine-based data to work in real-time that points us to a society that benefits from the promise of big data," said Bill Ruh, vice president for GE's global software center.

According to technology research group Wikibon, industrial data is expected to grow at two times the rate of any other big data segment over the next decade.

Machine-based software and services will include capturing sensor data, performing local processes and real-time industrial analytics. Wikibon estimates total Industrial Internet technology spending will reach $514 billion by 2020.

GE said its platform will run across the conglomerate's interests, from healthcare to energy to transportation. 


GE partners with AWS for big data project
 
 
 
Top Stories
Content, cost & constant innovation: How Foxtel plans to take on Netflix
Nell Payne inhabits the “brave new world of blue strings and networking”. Just don't ask her to put a TV screen on your microwave.
 
Sending in the drones
Margins are getting tighter in the industrial services industry, so Transfield Services' Stephen Phillips looks offshore - and to the skies - for the solutions he needs to keep pace.
 
Westpac fires starting pistol on core banking upgrade
St George readies itself for move to Celeriti.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
Should Optus make a bid for iiNet?

   |   View results
Yes
  44%
 
No
  56%
TOTAL VOTES: 524

Vote