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GE’s Multi-Million Dollar Manufacturing Investment Spree Continues

General Electric has opened the doors of its $60 million advanced manufacturing facility in Clearwater, Florida. The new 190,000-square-foot facility, an expansion of GE’s 40-year old instrument transformer plant in Clearwater, will produce instrument transformers and capacitors for the global market. The latest investment in what GE calls a “Center … Read more »

Why GE Sees a Digital Future for Oil & Gas

Why GE Sees a Digital Future for Oil & Gas

Digital technologies are the key to the oil and gas industry’s survival, according to a report by General Electric. Previous attempts at digitalization have failed because they never achieved enterprise scale. However, GE says new tools and technologies can help the oil and gas industry overcome past challenges and secure … Read more »

GE Industrial Internet

GE’s Industrial Internet Cloud Service Promises Billions in Operational Savings

General Electric is entering the cloud services market with Predix Cloud, which GE says is the world’s first and only cloud solution designed specifically for industrial data and analytics. The platform-as-a-service (PaaS) will capture and analyze the volume, velocity and variety of machine data within a highly secure, industrial-strength cloud … Read more »

GE TSC

GE Opens $5M Oil and Gas Tech Center

GE Oil & Gas has opened a $5 million Technology Solutions Center (TSC) in Stavanger, Norway. The center has been designed to help oil and gas operators achieve optimal efficiency, environmental performance and safety. Located opposite GE’s existing Subsea Systems facility in the port of Dusavik, the center features a … Read more »

GE Big Data Cuts Airlines’ Carbon Emissions, Operational Costs

GE Big Data Cuts Airlines’ Carbon Emissions, Operational Costs

Brazilian airline GOL estimates that at the Brasilia airport alone, it could reduce carbon dioxide emissions by more than 1,620 pounds and save $24 million in operational expenses over five years by using General Electric’s Required Navigation Performance system (RNP), a data-based navigation system that is part of GE’s Ecomagination … Read more »

‘Internet of Things’ Can Cut Emissions 19%, Report Finds

‘Internet of Things’ Can Cut Emissions 19%, Report Finds

Machine-to-machine (M2M) technologies could help reduce global GHG emissions by 9.1 billion metric tons by 2020, equivalent to 18.6 percent of global GHG emissions in 2011, according to a report by AT&T and the Carbon War Room. “M2M” refers to technologies that facilitate connectivity of physical infrastructure and devices — … Read more »

GE Debuts ‘Industrial Internet’ Technologies

GE has announced eight new industrial service technologies and a joint venture with Accenture that GE says will potentially cut $150 billion in waste across major sectors. The new technologies combine product diagnostics software and analytics, and will connect machines to machines, machines to people, and machines to business operations … Read more »

GE Report: Industrial Internet an $82 Trillion Economic Boost by 2025

GE Report: Industrial Internet an $82 Trillion Economic Boost by 2025

In a report published this week, GE says the Industrial Internet – which links networks, data and machines through intelligent sensors, software analytics and cloud computing – could boost energy efficiency and account for more than $82 trillion in economic activity by 2025. Read more at Energy Manager Today.