Infosys : Partners with GE to Develop New Solutions for the Industrial Internet of Things
September 30, 2015 at 08:15 am EDT
Share
Infosys Partners with GE to Develop New Solutions for the Industrial Internet of Things
Infosys CEO Dr. Vishal Sikka keynotes at GE's Minds & Machines Conference today
San Francisco (GE Minds + Machines) - September 30, 2015: Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced that it will create new Internet of Things (IoT) solutions, which will help derive practical benefits from massive amounts of data generated through connected devices in the industrial enterprise.
Infosys has collaborated with GE, a digital industrial company, and others to develop these solutions, designed to help manufacturers and other industrial enterprises improve asset efficiency and build more intelligent linkages between design, production and field testing.
The Industrial Internet Consortium (IIC), an international body of industries, governments and academics focused on developing best practices for the Industrial Internet, recently approved two Infosys-led testbeds *:
Asset Efficiency Testbed: This enables holistic monitoring, analysis and optimization of critical infrastructure assets. The first use case focuses on predictive maintenance for an industrial asset such as aircraft landing gear. A demonstration will be showcased at the GE's Minds & Machines conference today. The Asset Efficiency Testbed team included Infosys, GE and other industry partners.
Industrial Digital Thread Testbed: This creates more intelligent linkages between the three phases of manufacturing - design, production and field testing/service. By capturing, analyzing and relaying real-time sensory and historical data at each of these phases, the Industrial Digital Thread (IDT) will generate insights that can help field engineers and service teams identify the root cause of component failure easily, and provide faster corrections to flaws in design engineering and manufacturing operations. IDT leverages two open-standard big data analytics engines - the Infosys Information Platform (IIP), which provides in-memory data analytics and big data management, and GE's Predix platform that delivers data acquisition, processing and user interface and application development. IDT has been co-developed by Infosys and GE, and will be implemented first as a pilot project at GE Aviation.
Quotes:
Bill Ruh, Chief Digital Officer, GE Digital
'The Industrial Internet Consortium was established to help organizations break down the barriers of technology silos and support better integration of the physical and digital worlds. We see brilliant manufacturing as the next wave of Industrial Internet innovation, following asset performance management. We are excited about our most recent collaboration with Infosys to advance these two areas and drive increased efficiency and productivity for industry.'
Dr. Vishal Sikka, Infosys Chief Executive Officer
'The internet of things is about dissolving the layers of complexity and the intermediaries that create distance between the point of manufacturing and the point of consumption, between understanding and preventing points of failure in the manufacturing process, in machines or in critical processes, and between what the customer wants and what is delivered. The value comes from bringing intelligence directly to these end-points, and in doing this we can completely reimagine the notion of industrial manufacturing, and every industry, and we look forward to doing much more in our work with GE in these areas.'
Dr. Sikka will deliver a keynote address at GE's Minds & Machines conference in San Francisco today.
* The Industrial Internet Consortium defines a testbed as 'a controlled experimentation platform, conforming to an Industrial Internet Consortium reference architecture, where solutions can be deployed and tested in an environment that resembles real-world conditions. Testbeds explore untested technologies or existing technologies working together in an untested manner. Testbeds generate requirements and priorities for standards organizations, and culminate in new (potentially disruptive) products and services.'
Infosys Limited is an information services company, their end-to-end business solutions include:
- consulting and systems integration comprising consulting, enterprise solutions, systems integration and advanced technologies;
- business IT services comprising application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management;
- products, business platforms and solutions to accelerate intellectual property led innovation, including Finacle TM, our banking product, which offers solutions to address core banking, mobile banking and e-banking needs of retail, corporate and universal banks worldwide;
- newer areas such as cloud computing, enterprise mobility and sustainability.
Net sales break down by market between finance (29.8%), retail and logistics (14.5), telecommunications services (12.3%), manufacturing industry (12.9%), energy and utilities (12.6%), technology (8.1%), life sciences, health care and insurance (6.9%) and other (2.9%).
Net sales are distributed geographically as follows: India (2.6%), North America (61.8%), Europe (25.6%) and other (10%).