Ge and the industrial internet case pdf
Case Study General Electric | General Electric | Pipeline TransportWhat are the opportunities for General Electric considering the new technological developments? One big opportunity for General Electric is pipeline risk management. General Electric started developing a pipeline-management software which can operate with a single interface for accessing, managing and integrating critical data for the safe management of pipelines. Thus, it was created a risk assessment tool to monitor aging infrastructure, which helps the companies in different ways, for instance: improving asset productivity, creating a real-time picture of the status of an entire operation, stemming the costly loss of tacit knowledge from an aging workforce, building an Industrial Internet platform that meets customers needs and predicting breakdowns and assess the machines overall health. In this case, for General Electric is a big opportunity to develop the technological part and to improve the productivity of the new software. In this case, for General Electric will be a big market opportunity, and the companies will not lose any time and money.
Case Study General Electric
This case discusses the digital transformation that New York-based industrial conglomerate, General Electric GE , achieved with its Industrial Internet initiative. The initiative started in with GE setting up a center at San Ramon, California, aimed at adding networking and distributed intelligence capabilities to all its machines ranging from industrial and grid control systems to aircraft engines. The data derived could be analyzed to increase efficiency since each and every aspect of an industrial operation could be monitored and tweaked for optimal performance, thus reducing down-time and enhancing productivity across all the verticals the industrial giant served. According to GE, the Predictivity platform could help companies in industries such as aviation, healthcare, energy, transportation, and manufacturing to benefit from real-time insight and analytics. In June , GE launched its Big Data and analytics platform for the Industrial Internet, robust enough to manage the huge data produced by large-scale industrial machines in the cloud.
Below are the available bulk discount rates for each individual item when you purchase a certain amount. Register as a Premium Educator at hbsp. Publication Date: April 16, Industry: Manufacturing. Industry: Consulting. Industry: Pharmaceuticals. Industry: Transportation.
Remember Me. Digital transformation has created an opportunity for General Electric to differentiate its manufactured products through data-collecting sensors, the Industrial Internet of Things IIoT , and smart machines. Interestingly, this old economy company is a leading innovator in the cutting-edge Internet of Things IoT space.
Lakhani , Marco Iansiti and Kerry Herman. The undertaking includes building out an Industrial Internet, connecting machines and devices, collecting their data and operations, and providing services to clients based on analytics of this data and information. The case considers the implications of such an initiative across all 6 of GE's business units, and how best and how quickly to execute the strategy. Lakhani, Karim R. Revised March
The undertaking includes building out an Industrial Internet, connecting machines and devices, collecting their data and operations, and providing services to clients based on analytics of this data and information. The case considers the implications of such an initiative across all 6 of GE's business units, and how best and how quickly to execute the strategy. Brushing up HBR fundamentals will provide a strong base for investigative reading. Often readers scan through the business case study without having a clear map in mind. This leads to unstructured learning process resulting in missed details and at worse wrong conclusions. Reading up the HBR fundamentals helps in sketching out business case study analysis and solution roadmap even before you start reading the case study. It also provides starting ideas as fundamentals often provide insight into some of the aspects that may not be covered in the business case study itself.