EY and GE Digital announce a new strategic alliance to develop and provide Industrial Internet of Things (IIoT) services to help industrial companies achieve increased productivity from capital assets and processes linked in the cloud. EY and GE Digital will develop and 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 uptime and streamlined industrial workflows, according to EY.
EY, which has been working with GE for more than 10 years, joins GE's ecosystem of global alliance partners, which gives members access to digital tools and domain expertise from across GE. EY will provide its experience in business transformation, IoT, data analytics and IT cybersecurity capabilities and access to global resources across multiple industries.
“In the oil and gas industry, producers can use the IIoT to develop maintenance schedules that improve oil rig uptime, reduce the number of times workers must travel to maintain rigs and identify the tools and parts they need to take with them,” says Carmine Di Sibio, EY global managing partner, client service.
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