Infosys has recently collaborated with General Electric to develop new Internet of Things (IoT) solutions with the aim of helping manufacturers and other industrial enterprises improve asset efficiency and build more intelligent connections between design, production and field testing.
The Industrial Internet Consortium (IIC), an international body of industries, governments and academics formed last year by Cisco, IBM, AT&T, GE and Intel and focused on developing best practices for the Industrial Internet, has recently approved two Infosys-led pilot projects.
“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,” said Bill Ruh, Chief Digital Officer of GE Digital.
General Electric, one of the largest customers of India’s $146 billion IT industry, is currently pumping hundreds of millions of dollars into building its capabilities in the area of industrial internet, hiring top data scientists and programmers and collaborating with startups to leverage solutions that can potentially act as a platform for all its software bets. Under the direction of Chairman and CEO Jeffrey Immelt, General Electric has doubled down on software and started building more intelligent systems, including selling next-generation software platforms for airlines and power companies.
Meanwhile, the Internet of Things is rapidly developing around the world. For instance, over 30 companies, including Vodafone, BT, Intel and Siemens, have teamed up to create a new foundation that will enhance security of the IoT devices and prevent the possible cyber attacks. The Internet of Things Security Foundation was officially launched in London on September 23.
Users of the IoT devices are primarily concerned by safety and privacy issues, since they don’t want to unveil their personal data. However, the growing adoption of IoT products means that they become more attractive target for hackers.
“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,” said Dr. Vishal Sikka, Infosys Chief Executive Officer.