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EY and GE Digital enter into Stragteic Partnership to Develop Industrial IoT Services

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EY and GE Digital announced a strategic alliance to develop Industrial IoT services, the partnership will deliver industry-specific services based on GE’s Predix® cloud-based operating system. The services can help companies reduce operating expenses and increase revenue through improved machine up-time and streamlined industrial workflows.

Lionel Lamy, Associate Vice-President, Co-Lead ‒ European IoT Practice, IDC, said, “Within the global economy, CxOs face tough challenges: the unrelenting pressure to do more with less and optimize performance whilst controlling costs, as well as the need to innovate. They must get more from their fixed assets, improve capital ROI and optimize the productivity and value of their increasingly mobile and demanding workforce.  The Internet of Things helps address these issues, but as a complex and fast-moving market, partnerships must be formed to ensure a holistic, end-to-end approach. This alliance, combining GE Digital’s Industrial IoT technologies with EY’s IoT experience confirms the vital role of collaboration and strategic relationships. Bringing data analytics and cloud capabilities to co-create services to help companies use their data to realize significant gains in workflows and productivity will go a long way to address key business challenges.” Read more

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Sweekar S

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