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INTERNET OF THINGS One motive is to save and make money through productivity gains. Another is to attract ‘digital talent’


With APM move, GE Power again advances its digital story


Brett Brune Editor in Chief


G 16


E’s purchase in September of Meridium plays into the company’s realization that asset performance man- agement (APM) has be- come “the leading category


for IoT applications,” Ganesh Bell, chief digital officer at GE Power, said in a recent interview in Berlin. GE previously invested in Meridium, he said on the sidelines of Industry of Things World 2016. “Over the last three years, we’ve seen the growing importance of APM.


And with Meridium we saw an opportunity to accelerate that growth.” GE’s digital industry team in recent years identified three APM solutions on which it wanted to work: monitoring and diagnos- tics, predictive maintenance and mainte- nance optimization, he added. The company was on target with the first two and chose to absorb Meridium to get up to speed on the third segment. The company views Siemens and ABB as


its chief competitors, a company spokesper- son said in September.


Ganesh Bell, chief digital officer at GE Power, in September addressed hundreds of people attending Industry of Things World 2016 in Ber- lin. Afterward, he sat down for a media roundtable discussion and then an exclusive interview with Smart Manufacturing.


Fall 2016


Photo by Janek Stroisch for You.Conect


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