Ganesh Bell, Chief Data Officer, GE Power, sits down with CUBE host Jeff Frick at GE Minds + Machines.
Bringing the digital transformation to heavy industry | #GEMM16
https://siliconangle.com/2016/11/18/software-eats-the-world-bringing-the-digital-transformation-to-heavy-industry-gemm16/
Software is changing everything. Led by big data and new applications, there is a digital transformation sweeping through the worlds of tech and business. This transformation has also come to the realm of heavy industry, where mighty engines and massive turbines supply the fuel and resources civilization consumes every day.
To better understand the transformation of industry, Jeff Frick (@JeffFrick), co-host of theCUBE*, from the SiliconANGLE Media team, visited the GE Minds + Machines conference in San Francisco, CA. There, he met up with Ganesh Bell, chief digital officer at GE Power.
The detail is in the data
The discussion started off with a look at how going digital helps a business. Bell explained that the biggest lever for productivity, efficiency and creating new value was found in digital transformation. It’s not just automation, but also creating new value and new revenue from digital assets.
“This is getting mainstream; everybody is looking at how does digital help their business,” Bell said.
The detail is in the data. Bell described it as software eating the world, but also transforming the world. He stated that physical assets matter, but those assets also generate data. A company can learn from that data to make its machines more productive, more efficient and to reduce downtime.
Heavy industry efficiency and optimization
There’s another upside to merging heavy machines and software. Bell mentioned how with advances in science and engineering, a company can get more out of their physical assets, but that requires a big upgrade cycle. Upgrading a machine with software improves the flexibility and efficiency of a machine.
The topic then moved toward the electrical business itself, where GE Power operates. Bell stated that GE knows how going digital turns a business into a network model. They have created what they call the Electricity Value Network to balance and optimize power from various sources like coal, nuclear and gas. He felt software was the silver bullet that will let this network optimize the production of electrons.
*Disclosure: GE and other companies sponsor some GE Minds + Machines segments on SiliconANGLE Media’s theCUBE. Neither GE nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.
Watch the complete video interview below, and be sure to check out more of SiliconANGLE and theCUBE’s coverage of GE Minds + Machines.
@General Electric #GE @GE #GEMM16 #theCUBE @SiliconANGLE theCUBE @theCUBE
Forgot Password
Almost there!
We just sent you a verification email. Please verify your account to gain access to
GE Minds + Machines #GEMM16. If you don’t think you received an email check your
spam folder.
In order to sign in, enter the email address you used to registered for the event. Once completed, you will receive an email with a verification link. Open this link to automatically sign into the site.
Register For GE Minds + Machines #GEMM16
Please fill out the information below. You will recieve an email with a verification link confirming your registration. Click the link to automatically sign into the site.
You’re almost there!
We just sent you a verification email. Please click the verification button in the email. Once your email address is verified, you will have full access to all event content for GE Minds + Machines #GEMM16.
I want my badge and interests to be visible to all attendees.
Checking this box will display your presense on the attendees list, view your profile and allow other attendees to contact you via 1-1 chat. Read the Privacy Policy. At any time, you can choose to disable this preference.
Select your Interests!
add
Upload your photo
Uploading..
OR
Connect via Twitter
Connect via Linkedin
EDIT PASSWORD
Share
Forgot Password
Almost there!
We just sent you a verification email. Please verify your account to gain access to
GE Minds + Machines #GEMM16. If you don’t think you received an email check your
spam folder.
In order to sign in, enter the email address you used to registered for the event. Once completed, you will receive an email with a verification link. Open this link to automatically sign into the site.
Sign in to gain access to GE Minds + Machines #GEMM16
Please sign in with LinkedIn to continue to GE Minds + Machines #GEMM16. Signing in with LinkedIn ensures a professional environment.
Are you sure you want to remove access rights for this user?
Details
Manage Access
email address
Community Invitation
Ganesh Bell, GE Power | GE Minds + Machines 2016
Ganesh Bell, Chief Data Officer, GE Power, sits down with CUBE host Jeff Frick at GE Minds + Machines.
Bringing the digital transformation to heavy industry | #GEMM16
https://siliconangle.com/2016/11/18/software-eats-the-world-bringing-the-digital-transformation-to-heavy-industry-gemm16/
Software is changing everything. Led by big data and new applications, there is a digital transformation sweeping through the worlds of tech and business. This transformation has also come to the realm of heavy industry, where mighty engines and massive turbines supply the fuel and resources civilization consumes every day.
To better understand the transformation of industry, Jeff Frick (@JeffFrick), co-host of theCUBE*, from the SiliconANGLE Media team, visited the GE Minds + Machines conference in San Francisco, CA. There, he met up with Ganesh Bell, chief digital officer at GE Power.
The detail is in the data
The discussion started off with a look at how going digital helps a business. Bell explained that the biggest lever for productivity, efficiency and creating new value was found in digital transformation. It’s not just automation, but also creating new value and new revenue from digital assets.
“This is getting mainstream; everybody is looking at how does digital help their business,” Bell said.
The detail is in the data. Bell described it as software eating the world, but also transforming the world. He stated that physical assets matter, but those assets also generate data. A company can learn from that data to make its machines more productive, more efficient and to reduce downtime.
Heavy industry efficiency and optimization
There’s another upside to merging heavy machines and software. Bell mentioned how with advances in science and engineering, a company can get more out of their physical assets, but that requires a big upgrade cycle. Upgrading a machine with software improves the flexibility and efficiency of a machine.
The topic then moved toward the electrical business itself, where GE Power operates. Bell stated that GE knows how going digital turns a business into a network model. They have created what they call the Electricity Value Network to balance and optimize power from various sources like coal, nuclear and gas. He felt software was the silver bullet that will let this network optimize the production of electrons.
*Disclosure: GE and other companies sponsor some GE Minds + Machines segments on SiliconANGLE Media’s theCUBE. Neither GE nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.
Watch the complete video interview below, and be sure to check out more of SiliconANGLE and theCUBE’s coverage of GE Minds + Machines.
@General Electric #GE @GE #GEMM16 #theCUBE @SiliconANGLE theCUBE @theCUBE
