GE, SP Group, SPRING Singapore, Platform E to build digital industrial ecosystem in Singapore

  • The digital applications will optimise engineering expertise and resources to boost productivity
  • GE opens Asia Digital Operations Centre in Singapore to support its global IT services and operations

 

GE, SP Group, SPRING Singapore, Platform E to build digital industrial ecosystem in Singapore

 

GE on April 12 announced that it will partner with SP Group (SP) to develop IIOT capabilities and intelligent applications to enhance power network reliability and efficiency in Singapore.

The digital applications will optimise engineering expertise and resources to boost productivity.

GE also signed a series of partnership agreements to build digital industrial capabilities in Singapore and the region.

GE and SPRING Singapore will co-develop an incubation programme for technology start-ups and small businesses, and with Platform E, GE aims to advance industrial internet entrepreneurship in the country.

GE will also open an Asia Digital Operations Centre (A-DOC) in Singapore to support GE’s global IT services and operations, further strengthening the national ecosystem.

 

GE, SP Group, SPRING Singapore, Platform E to build digital industrial ecosystem in Singapore

 

“The Industrial Internet represents a multi-billion-dollar opportunity for industry. We look forward to working with our partners in Singapore to build a digital ecosystem and support entrepreneurship in the country,” said GE chairman and CEO Jeff Immelt (pic, above).

Engineering and digital experts from GE and SP will create tools that leverage data analytics and artificial intelligence to enable better asset performance and reduce unplanned downtime in network operations.

Customers can look forward to cost savings from predictive maintenance enabled by access to global domain knowledge and expertise.

“Singapore will be the first to benefit from enhanced efficiency through digital twin, while maintaining world class reliability. SP strives to deliver a high-quality, sustainable lifestyle to our customers,” said Wong Kim Yin, group chief executive officer, SP Group.

The first of its kind in Asean, GE’s collaboration with the Singapore Institute of Management’s (SIM) entrepreneurship centre, Platform E, will tap into both partners’ knowledge resources and expertise and establish a co-working space to incubate Industrial Internet start-ups locally and in the region.

Start-ups will benefit from Platform E’s unique entrepreneur-cantered programmes mentored by GE’s experts, and learn from GE’s own digital transformation journey.

They will also have access to the Predix platform to co-develop business solutions and applications, as well as leverage scaling and funding opportunities from both parties.

“Platform E is excited about partnering with GE to open up many opportunities in IIOT that tap into verticals such as Smart Nation and regionalisation, both in Singapore and across Asean,” said SIM Governing Council chairman Tan Soo Jin.

“Singapore businesses that have government funding to regionalize will now have a roadmap to follow when they look to expand Industrial Internet projects outside the country.”

The collaboration with SPRING Singapore to develop a SME/start-up incubation and acceleration program is aimed at promoting innovative ideas and digital solutions in the Industrial IOT technology space for Singapore and the Asean region.

Some of these areas include agile programming, machine learning and algorithms for asset performance management and cybersecurity.

A key objective is to grow the digital industrial application economy through GE’s Predix Market Place, where local start-ups and SMEs can find new customers or partners in GE or GE’s global customer base.

“We are very pleased to collaborate with a leading Digital Industry player like GE. This partnership will enable our start-ups and SMEs to level up their digital capabilities, enhance their competitiveness and scale up quickly,” said SPRING Singapore chief executive Poon Hong Yuen.

GE enhances Singapore digital industrial capabilities

GE is committed to growing a globally-networked, Predix-powered community of systems integrators, technology providers and developers in Singapore to build software and applications to help industries harness the Industrial Internet. Predix is the platform that will connect machines, data and people to power the industrial companies of the future so they can deliver outcomes faster, smarter and more efficiently.

 

GE, SP Group, SPRING Singapore, Platform E to build digital industrial ecosystem in Singapore

 

“GE’s investment to establish A-DOC in Singapore is testament to our strong digital capabilities and IT infrastructure. The partnerships with SPRING, Platform E and SP Group are also excellent developments that will help the tech community in Singapore address the growing opportunities in the industrial IOT space within Asia,” said Singapore Economic Development Board chairman Dr Beh Swan Gin (pic, above).

“They will create interesting jobs and opportunities for Singaporeans.”

A-DOC is the first location in Asia that supports GE’s IT services and operations globally. It also marks the start of GE’s investment and commitment to develop digital industrial capabilities in Singapore.

Initially the Centre will house around 60 employees, including network and security operations engineers, enterprise applications engineers, reliability engineers and technical product managers.

There is an opportunity to expand software jobs three-fold over the next five years. The Centre is part of a larger strategy currently underway at GE to transform how IT is delivered across the company – and helps provide 24/7 IT resources and support for GE.     

 

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Asian organisations need to focus on raising employee productivity to improve competitiveness

 

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