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GE Expands Its Digital Water Capabilities with the Launch of New Software Solutions and Announces Key PartnershipsAs the world's water infrastructure ages and significant amounts of water are lost to leakage and decaying pipes, utilities are being challenged to protect water resources and close the gap on lost profit. Understanding that data and predictive capabilities can be key to overcoming these challenges, GE (NYSE:GE) today announced the expansion of its digital water capabilities during WEFTEC 2016. "In the U.S. alone, an estimated 2.1 trillion gallons of water are lost annually due to infrastructure challenges, like water main breaks, pipe bursts and unidentified leaks," said Heiner Markhoff, president and CEO-water and distributed power for GE Power. "GE's goal is to build a more sustainable water future by delivering software-as-a-service (SaaS (News - Alert)) through a single platform, Predix*, to produce operational efficiencies that improve water quality and availability worldwide." GE's vision for digital water solutions centers around three main areas: the connection of "inside the fence" plant operations with "outside the fence" distribution networks; the utilization of software solutions to proactively identify and prevent potential problems in real time; and the collaboration of industry organizations and associations to move digital concepts forward. GE Suite of Software Solutions Today, GE is announcing three software proof of concepts, powered by Predix, that specifically address pipeline health, storm and sewer management and water plant efficiency:
GE Digital Partnerships As a way to further its commitment to being a leader in the digital water space, GE has entered into several partnerships that help advance its vision of solving global water and wastewater challenges through data and analytics.
About GE GE (NYSE: GE) is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com About GE Power GE Power is a world leader in power generation with deep domain expertise to help customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world's largest and most efficient gas turbine, full balance of plant, upgrade and service solutions as well as our data-leveraging software. Our innovative technologies and digital offerings help make power more affordable, reliable, accessible and sustainable. For more information, visit the company's website at www.gepower.com. Follow GE Power and GE's water business on Twitter (News - Alert) @GE_Power and @GE_Water and on LinkedIn at GE Power.
WEFTEC 2016 * Trademark of General Electric Company; may be registered in one or more countries.
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