Germany’s Siemens and its US rival General Electric are competing to roll out an ‘Internet of Things’ cloud platform for the manufacturing industry.
The two companies are looking to develop the technology that has the potential to support industrial automation and offer huge amount of data related to various stages of manufacturing.
To reinvent manufacturing processes, GE, Siemens and a group of other companies are aiming to enable companies of different sizes to utilise digital platforms to link the stages involved in the value chain, The Wall Street Journal reported.
GE Chief Digital Officer William Ruh was quoted by the publication as saying that the industrial IoT “is about connecting and using the data from end to end.”
By deploying a new generation of built-in sensors, manufacturing firms are finding ways to allow digital conversation between industrial equipment and products such as robots, turbines, pumps and drones.
According to GE’s Ruh, the company has made over 300 partnerships for its Predix platform.
Siemens said that it has nearly 100 partnerships in the pipeline after announcing six partnerships for its MindSphere platform.
Busch acknowledged that Siemens’s platform is less open compared to those of rivals but said it will soon “will be as open as any other.”
Bosch Software Solutions head Rainer Kallenbach said: “You can’t do it alone.
“All these various platforms are currently more or less islands” and must merge to “create continents,” he said.
This article is from the CBROnline archive: some formatting and images may not be present.
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