Partnership will see a major expansion of Industrial IoT from Azure and GE Digital and this would bring a more efficient IoT service in the industrial world
Microsoft has announced a partnership with GE (General Electric) which should bring the power of the IoT to the industrial world. The deal between Microsoft and GE Digital will see the companies attack the Industrial IoT market (IIoT) with a combined offering that should benefit firms across a number of industrial areas.
Customers can create their own services
Going forward GE Digital will move Predix, its IIoT app development platform on to Azure meaning that companies using the service will benefit from Microsoft’s end-to-end cloud expertise. Predix offers a range of IoT-focused apps, including flagship applications Predix asset performance Management and predix servicemax and is also open to customers to create their own services, with the likes of BP and Maersk regular users.
Recent figures suggest that the IIoT market will be worth $1.1 trillion in revenue by 2025, making it ripe for innovation end expansion. Every industrial company will have to master digital to compete in the future, connecting machines and making them more intelligent to drive efficiency and productivity.
New capabilities to drive growth
Through this expanded partnership Microsoft and GE are enabling customers around the world to harness the power of the predix portfolio, including predix asset performance management, to unlock new capabilities to drive growth. The deal will also see Predix now better integrated with Microsoft’s top cloud tools such as Azure IoT and Azure data and analytics, with GE Digital also utilising Azure across its business for additional IT workloads and productivity tools.
The industrial sector plays an important role in fueling economies around the world. With this strategic partnership, GE and Microsoft’s mutual customers will benefit from a trusted platform with the flexibility and scalability to deliver unprecedented results and help advance their business potential